National portion

Free Real Estate Practice practice questions

10 original questions with full explanations. 10 of the 80 scored national-portion questions (about 13%) come from this area.

This is national-portion content — identical whichever state you're licensing in, and scored separately from your state-law portion.

1. 1

   Under the federal Fair Housing Act, which of the following is a protected class?

   • A. Occupation
   • B. Familial status
   • C. Student status
   • D. Credit score
   Show answer & explanation

   Answer: B

   The federal protected classes are race, color, religion, national origin, sex, disability, and familial status.

2. 2

   Inducing homeowners to sell by predicting that people of a particular protected class are moving into the neighborhood is:

   • A. Blockbusting
   • B. Redlining
   • C. Steering
   • D. Puffing
   Show answer & explanation

   Answer: A

   Blockbusting (panic selling) is illegally prompting sales with demographic-change predictions. Redlining is area-based lending discrimination; steering channels buyers to or away from areas.

3. 3

   What is the primary purpose of the Federal Fair Housing Act?

   • A. To regulate the pricing of residential properties
   • B. To prohibit discrimination in housing-related transactions
   • C. To establish standards for residential construction
   • D. To provide financing for low-income homebuyers
   Show answer & explanation

   Answer: B

   The Federal Fair Housing Act aims to prevent discrimination in housing-related transactions based on protected classes such as race, color, religion, sex, national origin, disability, and familial status.

4. 4

   What is the term for the practice of directing buyers to or away from certain neighborhoods based on their race or other protected characteristics?

   • A. Redlining
   • B. Steering
   • C. Blockbusting
   • D. Discriminatory marketing
   Show answer & explanation

   Answer: B

   Steering refers to the practice of guiding buyers towards or away from certain neighborhoods based on their race or other protected characteristics, which is prohibited by the Federal Fair Housing Act.

5. 5

   A real estate agent creates an advertisement that excludes certain protected classes from a property listing. What law is the agent likely violating?

   • A. Americans with Disabilities Act
   • B. Fair Housing Act
   • C. RESPA
   • D. Do-Not-Call Registry
   Show answer & explanation

   Answer: B

   The Fair Housing Act prohibits discriminatory advertising in housing-related transactions, including excluding certain protected classes from property listings.

6. 6

   What is the purpose of the Real Estate Settlement Procedures Act (RESPA)?

   • A. To regulate the interest rates charged by lenders
   • B. To provide financing for low-income homebuyers
   • C. To prohibit kickbacks and referral fees in residential transactions
   • D. To establish standards for residential construction
   Show answer & explanation

   Answer: C

   RESPA aims to prohibit kickbacks and referral fees in residential transactions, ensuring that consumers are not subjected to unnecessary and inflated costs.

7. 7

   A real estate agent is handling trust funds on behalf of a client. What is the agent's primary responsibility?

   • A. To commingle the funds with the agent's own money
   • B. To deposit the funds into a non-interest-bearing account
   • C. To maintain the funds in a separate, escrow account
   • D. To use the funds for business expenses
   Show answer & explanation

   Answer: C

   The agent's primary responsibility is to maintain the trust funds in a separate, escrow account, ensuring that the funds are kept secure and separate from the agent's own money.

8. 8

   A real estate agent is contacted by a consumer who is on the Do-Not-Call Registry. What should the agent do?

   • A. Call the consumer to discuss a new property listing
   • B. Send a mailer to the consumer with property information
   • C. Respect the consumer's request and not contact them
   • D. Call the consumer to confirm their registration on the Registry
   Show answer & explanation

   Answer: C

   The agent should respect the consumer's request and not contact them, as the consumer has opted out of receiving telemarketing calls by registering on the Do-Not-Call Registry.

9. 9

   Which federal law requires that handicapped individuals have equal access to commercial facilities and public accommodations?

   • A. Fair Housing Act
   • B. Americans with Disabilities Act
   • C. Equal Credit Opportunity Act
   • D. Civil Rights Act
   Show answer & explanation

   Answer: B

   The Americans with Disabilities Act requires that handicapped individuals have equal access to commercial facilities and public accommodations.

10. 10

    A real estate agent is found to have engaged in price-fixing with other agents in the area. This is a violation of which federal law?

    • A. Sherman Antitrust Act
    • B. Federal Trade Commission Act
    • C. Real Estate Settlement Procedures Act
    • D. Truth in Lending Act
    Show answer & explanation

    Answer: A

    The Sherman Antitrust Act prohibits price-fixing and other anti-competitive practices.