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[Show more]What are the two types of freehold estates? - ANSWER1) an estate in fee (simple absolute) 
2) a life estate. 
 
What is the most complete, largest type of estate that includes all rights associated with the estate? - ANSWERAn estate in fee simple absolute 
 
What type of estate do you own if someon...
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Add to cartWhat are the two types of freehold estates? - ANSWER1) an estate in fee (simple absolute) 
2) a life estate. 
 
What is the most complete, largest type of estate that includes all rights associated with the estate? - ANSWERAn estate in fee simple absolute 
 
What type of estate do you own if someon...
Which of the following is most vital or important in planning a subdivision: -Answer Market Analysis 
 
When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: -Answer Percentage Lease 
 
What is not an adequate method of transferring property? ...
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Add to cartWhich of the following is most vital or important in planning a subdivision: -Answer Market Analysis 
 
When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: -Answer Percentage Lease 
 
What is not an adequate method of transferring property? ...
When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: - ANSWERActual Fraud 
 
A fee simple estate i...
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Add to cartWhen agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: - ANSWERActual Fraud 
 
A fee simple estate i...
How many baseline and meridian systems in CA? - ANSWER3 
 
A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - ANSWERCA 
 
In the order in which they are to occur, the three steps of agency discosure are? - ANSWERdisclose, elect, c...
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Add to cartHow many baseline and meridian systems in CA? - ANSWER3 
 
A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - ANSWERCA 
 
In the order in which they are to occur, the three steps of agency discosure are? - ANSWERdisclose, elect, c...
An appraiser's definition of "Value" would be: 
 
a. present worth of all rights to future benefits arising out of ownership. 
b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. 
d. all of the above. - A...
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Add to cartAn appraiser's definition of "Value" would be: 
 
a. present worth of all rights to future benefits arising out of ownership. 
b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. 
d. all of the above. - A...
Land - ANSWERThe physical property and any natural objects on it - like trees and bodies of water, often referred to as a "lot', "site", or "parcel". 
 
Real estate - ANSWERgenerally refers to land with permanent manmade improvements. 
 
Real property - ANSWERrefers not only to the land and it...
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Add to cartLand - ANSWERThe physical property and any natural objects on it - like trees and bodies of water, often referred to as a "lot', "site", or "parcel". 
 
Real estate - ANSWERgenerally refers to land with permanent manmade improvements. 
 
Real property - ANSWERrefers not only to the land and it...
Purpose of CalBRE - ANSWERThe California Bureau of Real Estate (CalBRE) protects the public through the enforcement of laws and requirements for salespersons' and brokers' real estate licenses. 
 
The California Real Estate Commissioner - ANSWERThe California Real Estate Commissioner has the autho...
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Add to cartPurpose of CalBRE - ANSWERThe California Bureau of Real Estate (CalBRE) protects the public through the enforcement of laws and requirements for salespersons' and brokers' real estate licenses. 
 
The California Real Estate Commissioner - ANSWERThe California Real Estate Commissioner has the autho...
A property owner has an easement appurtenant on her property. One day the property is sold to another party who is opposed to the easement. Following the closing, this particular form of easement does what? - ANSWERtransfers with the owner to a new property. 
 
A property owner is precluded by deed ...
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Add to cartA property owner has an easement appurtenant on her property. One day the property is sold to another party who is opposed to the easement. Following the closing, this particular form of easement does what? - ANSWERtransfers with the owner to a new property. 
 
A property owner is precluded by deed ...
In reference to Property Taxes, "basis" or "cost" is - ANSWERPurchase price of prop plus cost of improvements. 
 
How is a condominium unit owned? - ANSWERSeparate interest 
 
How are common interests in a condo owned? - ANSWEREqually in undivided interest 
 
Subdivided Land Laws refer to - ANSW...
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Add to cartIn reference to Property Taxes, "basis" or "cost" is - ANSWERPurchase price of prop plus cost of improvements. 
 
How is a condominium unit owned? - ANSWERSeparate interest 
 
How are common interests in a condo owned? - ANSWEREqually in undivided interest 
 
Subdivided Land Laws refer to - ANSW...
A 'commercial acre' is best defined as - ANSWERAn acre after deductions for streets and alleys. 
 
A join tenancy can be created by deeds conveying undivided interest in which of the following? - ANSWER(all of the following) 
 
By transfer from a wife deeding her seperate property to herself and h...
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Add to cartA 'commercial acre' is best defined as - ANSWERAn acre after deductions for streets and alleys. 
 
A join tenancy can be created by deeds conveying undivided interest in which of the following? - ANSWER(all of the following) 
 
By transfer from a wife deeding her seperate property to herself and h...
How many square feet in one acre? - ANSWERThere are 43,560 square feet in an acre 
 
Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? - ANSWER$332,600 
 
...
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Add to cartHow many square feet in one acre? - ANSWERThere are 43,560 square feet in an acre 
 
Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? - ANSWER$332,600 
 
...
There are three main areas within this subject: 
Listing of real property 
Sales contracts 
Marketing - ANSWERThere are three main areas within this subject: 
Listing of real property 
Sales contracts 
Marketing 
 
Real Estate Practices describes government regulation of brokerage transactions, ...
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Add to cartThere are three main areas within this subject: 
Listing of real property 
Sales contracts 
Marketing - ANSWERThere are three main areas within this subject: 
Listing of real property 
Sales contracts 
Marketing 
 
Real Estate Practices describes government regulation of brokerage transactions, ...
1.1. A title was recorded for a parcel of real property vested in the name of Johan Wilson, a single woman. After her marriage to William Roberts, she executed a deed to the property only in the name of Johan Roberts, a married woman. The discrepancy in the grantors name is: 
 
A. Valid if William R...
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Add to cart1.1. A title was recorded for a parcel of real property vested in the name of Johan Wilson, a single woman. After her marriage to William Roberts, she executed a deed to the property only in the name of Johan Roberts, a married woman. The discrepancy in the grantors name is: 
 
A. Valid if William R...
Two friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could: - ANSWERPlace the beneficiary in a precarious position should the borrower die before the debt is paid. 
 
Joint tenant estate held by two joi...
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Add to cartTwo friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could: - ANSWERPlace the beneficiary in a precarious position should the borrower die before the debt is paid. 
 
Joint tenant estate held by two joi...
Real Estate Law - ANSWERPart 1, Sections 10000 to 10580 of the Business and Professions Code 
 
Subdivided Lands Law - ANSWERPart 2, Sections 11000 to 11200 of the Business and Professions Code 
 
California Bureau of Real Estate (CalBRE) - ANSWERA real estate regulatory body that is headed by the R...
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Add to cartReal Estate Law - ANSWERPart 1, Sections 10000 to 10580 of the Business and Professions Code 
 
Subdivided Lands Law - ANSWERPart 2, Sections 11000 to 11200 of the Business and Professions Code 
 
California Bureau of Real Estate (CalBRE) - ANSWERA real estate regulatory body that is headed by the R...
easement in gross - ANSWERan easement that is not appurtenant to any one parcel 
 
license - ANSWERpersonal, revocable, un-assignable permission to use the property of another without possessory interest in it 
 
homestead - ANSWERstatus provided to a homeowner's principal residence that protects t...
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Add to carteasement in gross - ANSWERan easement that is not appurtenant to any one parcel 
 
license - ANSWERpersonal, revocable, un-assignable permission to use the property of another without possessory interest in it 
 
homestead - ANSWERstatus provided to a homeowner's principal residence that protects t...
rectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purc...
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Add to cartrectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purc...
The maximum commission a broker may charge for the sale of residential property is: 
 
(a) set forth in the Real Estate Law. 
(b) determined by the broker's contract with his principal. 
(c) six percent of the total sales price of a residence. 
(d) determined by local custom. - ANSWERB 
 
There is ...
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Add to cartThe maximum commission a broker may charge for the sale of residential property is: 
 
(a) set forth in the Real Estate Law. 
(b) determined by the broker's contract with his principal. 
(c) six percent of the total sales price of a residence. 
(d) determined by local custom. - ANSWERB 
 
There is ...
Penny, a CA licensee, has been advertising on the internet. She specializes in the sale of upscale homes in the Hollywood Hills area. Penny has been violating the Business and Professions Code, Sections 10235.5 and 10140.6. What has she done? - ANSWERPenny failed fo indicate in the advertisement her...
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Add to cartPenny, a CA licensee, has been advertising on the internet. She specializes in the sale of upscale homes in the Hollywood Hills area. Penny has been violating the Business and Professions Code, Sections 10235.5 and 10140.6. What has she done? - ANSWERPenny failed fo indicate in the advertisement her...
The Department of Real Estate (DRE) protects the public through? - ANSWERThe enforcement of laws and requirements for salespersons' and brokers' real estate licenses. 
 
The California Real Estate Commissioner has the authority and power to do what? - ANSWERThey have the authority to investigate t...
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Add to cartThe Department of Real Estate (DRE) protects the public through? - ANSWERThe enforcement of laws and requirements for salespersons' and brokers' real estate licenses. 
 
The California Real Estate Commissioner has the authority and power to do what? - ANSWERThey have the authority to investigate t...
DRE - ANSWERAdministers and enforces real estate laws and regulation. 
 
Business and Professions Code - ANSWERCalifornia code that contains the Real Estate Law, which includes real estate licensing, transaction requirements, and Subdivided Lands Law. 
 
Sections 10000-10580 Real Estate Law 
 
Sec...
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Add to cartDRE - ANSWERAdministers and enforces real estate laws and regulation. 
 
Business and Professions Code - ANSWERCalifornia code that contains the Real Estate Law, which includes real estate licensing, transaction requirements, and Subdivided Lands Law. 
 
Sections 10000-10580 Real Estate Law 
 
Sec...
mentor - ANSWERA person who guides a trainee through the first few months or transactions as a salesperson 
 
property management - ANSWERThe operation and maintenance of rental properties 
 
appraiser - ANSWERA person who estimates property value 
 
prospecting - ANSWERThe act of seeking out potent...
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Add to cartmentor - ANSWERA person who guides a trainee through the first few months or transactions as a salesperson 
 
property management - ANSWERThe operation and maintenance of rental properties 
 
appraiser - ANSWERA person who estimates property value 
 
prospecting - ANSWERThe act of seeking out potent...
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