California Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Start Multiple Choice Practice Test
Start Flash Cards

Practice this question and more.

A written disclosure of agency representation is mandatory for transactions involving how many residential units?

  1. One to four unit residential transactions

  2. Five to ten unit residential transactions

  3. Commercial transactions only

  4. All transactions, regardless of type or size

The correct answer is: One to four unit residential transactions

Disclosures of agency representation are not mandatory for commercial transactions or transactions involving five or more residential units. The correct option is A because it refers to one to four unit residential transactions, which includes single-family homes, duplexes, triplexes, and fourplexes. These are the most common types of residential units and therefore, it is important for the disclosure to be mandatory in these situations to ensure transparency and protect both parties involved in the transaction.

More Questions Like This