Study for the California Real Estate Exam. Engage with multiple choice questions and detailed explanations to sharpen your knowledge. Get ready to ace your real estate career!

Practice this question and more.


What is the maximum fine for an unlicensed person practicing real estate?

  1. $5,000

  2. $7,500

  3. $10,000

  4. $12,500

The correct answer is: $10,000

The maximum fine for an unlicensed person practicing real estate is $10,000. This amount is significantly higher than the options of $5,000 and $7,500, making them incorrect. Option D is also incorrect as it exceeds the maximum fine amount. It is important for individuals to obtain the proper license before practicing real estate to avoid any potential fines.