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CA Real Estate Exam 2023 (Assured Success) Correctly Verified Answers GRADED A+
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CA Real Estate Exam 2023 (Assured Success)Correctly Verified Answers GRADED A+
A 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
purchased all three lots, what would be the front footage: - correct answers
✅197;
When rent is computed on the gross sales of a business occupying real
property, the lease is correctly termed: - correct answers ✅A percentage
lease.
If a man has a freehold estate, which of the following would result in his
having a less-than-freehold estate: - correct answers ✅A: Sale and
leaseback;
If a man leased a store for only six months, he would have an: - correct
answers ✅B: Estate for years;
An easement differs from a license in that a license: - correct answers ✅D:
May be revoked.
,CA Real Estate Exam 2023 (Assured Success)
Correctly Verified Answers GRADED A+
The remedy of unlawful detainer action is used by offended: - correct
answers ✅C: Lessors;
Which of the following is considered personal property: - correct answers
✅C: An existing mortgage;
Which of the following would not be classified as real property: - correct
answers ✅D: Leasehold estates in residential properties.
All of the following are factors generally considered when determining
whether an item of personal property has become real property, except: -
correct answers ✅C: Cost of the article;
Which of the following is not a test for a fixture: - correct answers ✅D: The
time of attachment.
,CA Real Estate Exam 2023 (Assured Success)
Correctly Verified Answers GRADED A+
Which of the following loans would be most likely to qualify for FHA
insurance but not for a VA loan guarantee: - correct answers ✅A: A loan to
purchase 1-4 units of residential rental property;
Bascomb purchased a parcel of real property, and received a standard policy
of title insurance. Bascomb would be protected against all of the following
items except: - correct answers ✅B: Easements and liens on the property
not revealed by the public records;
When legal title is transferred as the result of the sale of real estate
encumbered by a deed of trust, it is always necessary: - correct answers
✅C: For the grantor to deliver a deed;
An ALTA policy of title insurance goes beyond the protection afforded by a
CLTA policy in guarding against: - correct answers ✅C: The location of
property lines according to formal survey;
Jones, who does not have a real estate license, is the owner and president of
an investment firm. He advertises and sells properties for his clients. Since
, CA Real Estate Exam 2023 (Assured Success)
Correctly Verified Answers GRADED A+
these transactions involve real estate, who will prosecute him for violating
the real estate law: - correct answers ✅A: The District Attorney;
The primary purpose of city and county building codes is to establish: -
correct answers ✅B: Minimum standards for public health, safety, moral,
and general welfare;
Recorded title to a parcel of real property was vested in Mary Wilson, a
single woman. After her marriage to John Roberts, she executed a deed to
the property only in the name of Mary Roberts, a married woman. The
discrepancy in the grantor's name is: - correct answers ✅B: A defect which
may cause a cloud on the title;
On September 30, 1983, Daniels offered to buy Barnes' home. The offer was
accepted and escrow opened. Barnes had purchased the home in 1978,
financing it by an FHA loan, on which he was then currently making
payments. A preliminary title report dated September 30, 1983 will: - correct
answers ✅B: Show the particulars of a deed of trust with Barnes as trustor;
A valid deed must contain: - correct answers ✅D: A granting clause.
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