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CA RE Broker Practice Questions - California Real Estate Broker Exam

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About this Exam

Prepare with the CA RE Broker Practice Questions - California Real Estate Broker Exam practice quiz. This question bank includes 100 questions covering broker, california, property, trust, and real. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

Sample Questions

Question 1
A California real estate broker discovers that a salesperson in their office deposited a $5,000 earnest money check into the salesperson's personal account instead of the broker's trust account. What violation has occurred?
Commingling only
Conversion only
Both commingling and conversion
Neither — the salesperson has authority to hold funds
Question 2
Under California law, how often must a broker reconcile trust fund records with the bank statement?
Weekly
At least once a month in months with trust account activity
Quarterly
Annually, during the DRE audit
Question 3
A broker maintains a trust account at First National Bank. What is the maximum amount of the broker's own funds that may be kept in the trust account to cover bank charges?
$$0 — no personal funds allowed
$$100
$$200
$$500
Question 4
When conducting a DRE trust fund audit, an auditor finds that a broker's trust account is short $3,200. The broker claims a bookkeeping error. What is the MOST LIKELY consequence?
Warning letter with no further action
Immediate license revocation
Citation and fine up to $10,000, plus possible formal hearing
Criminal prosecution without administrative action
Question 5
A California broker receives a $10,000 earnest money deposit on a Thursday. By what day must the funds be deposited into the trust account?
The same business day
The next business day (Friday)
Within 3 business days (by the following Tuesday)
Within 5 business days

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Additional Information

CA RE Broker Practice Questions - California Real Estate Broker Exam

This practice set contains 100 questions from the matching question bank and focuses on broker, california, property, trust, and real. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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Frequently Asked Questions

This quiz contains a total of 100 practice questions carefully selected to test your knowledge on this subject.
Yes, you will have exactly 0 minutes to complete the exam. A countdown timer will be visible once you start.
Yes, you can retake this practice test as many times as you need. The questions and options may be randomized on subsequent attempts to ensure comprehensive learning.

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