Ce Shop Real Estate - Principles Real
Estate Course - 45 Hour – Ca Questions
And Answers With Verified Solutions
Already Passed!!!
What do riparian rights give landowners the ability to do? - ANSWER✔✔ Use a
river running through the property.
A cabin has 120 feet of lake frontage. The cabin owner's ability to access the lake
is based on ______. - ANSWER✔✔ Littoral rights
What are improvements with regard to property? - ANSWER✔✔ Artificial
attachments to land that include items such as fencing, buildings, and walkways
Along with property ownership, rights are granted to use the land's physical
components. Which right allows a property owner to use or sell the underground
resources, such as natural gas and minerals? - ANSWER✔✔ Sub-surface
Which of the following is true about air rights? - ANSWER✔✔ They allow the
owner to use the open space above buildings.
John and Tara have lived in their home for 23 years and are excited to move to
Florida for retirement. As homeowners, what right allows them to sell their home?
- ANSWER✔✔ Disposition
Alluvion describes new deposits of land that are the result of what natural process?
- ANSWER✔✔ Accretion
, Annette really wants to move to San Francisco, but she's unsure whether she'll be
able to afford to live there. Housing is very expensive because there simply is no
room to build any new housing units. Which economic characteristic does this
reflect? - ANSWER✔✔ Scarcity
If Sima entered a plea of no contest in a criminal case she ______. - ANSWER✔✔
Must report this to California DRE under all circumstances
If a licensee commits a violation and it's found the broker didn't adequately
supervise the licensee, whose license in jeopardy? - ANSWER✔✔ Both the
broker's and licensee's
Requiring a licensee to submit detailed reports related to trust fund accounting is
an example of a condition that may be placed on a licensee with a ______ license. -
ANSWER✔✔ Restricted
If Jan is using the designation GRI (Graduate of the Real Estate Institute), but she
has not paid her annual membership dues, is this a violation? - ANSWER✔✔ Yes,
because it is dishonest
Maura is a real estate salesperson who does not have an MLO endorsement. Which
of these actions can she perform for her client, who is financing the purchase of a
single-family home? - ANSWER✔✔ Offer to provide the client with a list of
lenders they could consider working with to obtain the loan.
Brenda is a real estate salesperson. Jim is her sponsoring broker. Brenda is moving
to a different area in the state and will no longer be able to work with Jim. Her new
sponsoring broker will be Cindy. What must take place for Brenda to transfer her
license to Cindy? - ANSWER✔✔ Jim must notify the California DRE and give
Brenda her license certificate. Brenda and Cindy complete a change application.
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