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CALIFORNIA REAL ESTATE SALESPERSON EXAM $22.49   Add to cart

Exam (elaborations)

CALIFORNIA REAL ESTATE SALESPERSON EXAM

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  • CALIFORNIA REAL ESTATE SALESPERSON

CALIFORNIA REAL ESTATE SALESPERSON EXAM

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  • September 10, 2024
  • 32
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CALIFORNIA REAL ESTATE SALESPERSON
  • CALIFORNIA REAL ESTATE SALESPERSON
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tutorWADE
CALIFORNIA REAL ESTATE SALESPERSON
EXAM
WITH QUESTIONS AND CORRECT ANSWERS GRADED A+// LATEST UPDATE
2024/2025



immovable - CORRECT ANSWER : "Real property or ___________"


moveable - CORRECT ANSWER : "Personal property or __________"


not real property - CORRECT ANSWER : Personal property is anything that is
_________________.


capable of ownership - CORRECT ANSWER : Property characteristics are
everything ______________________.


right of ownership - CORRECT ANSWER : The _____________________ are
the sole rights to use, possess, enjoy and dispose of and exclude others from the
property.


Real property - CORRECT ANSWER : ________________ is the (deed transfers
four things) - land, anything affixed to the land, any rights appurtent to the land,
and anything immovable by law


real property - CORRECT ANSWER : The land below the surface, the airspace
above the land and the improvemetns made to the land are all
_________________.


real property - CORRECT ANSWER : Both a barring wall and a subwall would
be __________________.

,liable - CORRECT ANSWER : Landowner cannot divert surface flood water
from its natural course to a vacant lot next door and would be ______ for any
damage caused


local air district - CORRECT ANSWER : Before burning garbage on your
property you should contact your _____________; your neighbors might seek an
injuction to prevent it


Fixtures - CORRECT ANSWER : personal property attached to real property in a
way that it is thereafter considered real property


property - CORRECT ANSWER : When a buyer purchases real property the
bathroom plumbing automatically comes with the ________.


Maria Rule - CORRECT ANSWER : Five items courts use to determine if
something is a fixture -
method of attachment
adaptability to the property
relationship of the parties
intention of the person attaching
agreement between the parties


fixture - CORRECT ANSWER : Cost, size and time of attachment are NOT tests
for whether something is a ________.


Appurtenant rights - CORRECT ANSWER : Rights belonging to and used with
land for its benefit are ___________________.

,4 examples of appurtenant rights - CORRECT ANSWER : right of way,
easements, covenants, and water rights


Appurtenant rights - CORRECT ANSWER : Because legally they are part of the
real property they are automatically transferred by the deed; no other document is
needed. "They run with the land."


Personal Property - CORRECT ANSWER : _______________ can be pledged or
hypotheciated(made collateral for loan), alienated(conveyed to another), or be
turned into real property(a fixture).


Trade Fixtures - CORRECT ANSWER : Installed by a commerical tenant and
used in the trade or business. they may be removed by the tenant before end of
lease if no damage is done.


not real property - CORRECT ANSWER : Unline fixtures in a house, trade
fixtures are _________________.


Trade Fixtures - CORRECT ANSWER : if a commerical tenant makes
improvements to the property and leaves them at the end of the lease, it is the
landlords decision whether the tenant has to remove the improvements or leave
them.


Encumbrances - CORRECT ANSWER : Anything that affects or limits the title,
conditions, or use of the property by the owner.


Easements, private/public restrictions, and encroachments - CORRECT
ANSWER : affect the condition or use of the property

, Liens - CORRECT ANSWER : affect the title


Easements - CORRECT ANSWER : right to use anothers land


encumbered - CORRECT ANSWER : Land is that is subject to any easement is
said to be__________ by the easement.


Appurtenant easements - CORRECT ANSWER : affect the two different parcels
of land


Dominant; Servient - CORRECT ANSWER : The __________ parcel is
benefitted by the easement. The __________ parcel is encumbered by the
easement.


Appurtenant easements (example) - CORRECT ANSWER : often created by
reservation in a deed; reserving a right of way over land transferred


Quiet title action - CORRECT ANSWER : If dominant parcel is sold and the
owner of the servient parcel owner denies buyers rights, buyer files a
__________________ to confirm rights.


Easements in Gross - CORRECT ANSWER : affects only one parcel that is
encumbered by the easement; it is a personal right to another parcel of land, but it
is a personal right of some person or other entity like a corporation


Easement in Gross (example) - CORRECT ANSWER : A utility transmission
line crossing a farm

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