100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CALIFORNIA Real Estate Exam- Practice Latest Update Actual Exam with 120 Questions and 100% Verified Correct Answers Guaranteed A+ Approved by the Professor $20.49   Add to cart

Exam (elaborations)

CALIFORNIA Real Estate Exam- Practice Latest Update Actual Exam with 120 Questions and 100% Verified Correct Answers Guaranteed A+ Approved by the Professor

 3 views  0 purchase
  • Course
  • CALIFORNIA Real Estate
  • Institution
  • CALIFORNIA Real Estate

CALIFORNIA Real Estate Exam- Practice Latest Update Actual Exam with 120 Questions and 100% Verified Correct Answers Guaranteed A+ Approved by the Professor

Preview 2 out of 11  pages

  • September 11, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CALIFORNIA Real Estate
  • CALIFORNIA Real Estate
avatar-seller
Tutordiligent
CALIFORNIA Real Estate Exam- Practice Latest
Update 2024-2025 Actual Exam with 120
Questions and 100% Verified Correct Answers
Guaranteed A+ Approved by the Professor

"Due-on-Sale" means - CORRECT ANSWER: Alienations. Under aliation, permits the
lender to demand full payment of loan in the event title is transferred


1/2 a mile by 1/2 miles is: - CORRECT ANSWER: 160 Acres


A business opportunity sold with a document similar to a deed is called - CORRECT
ANSWER: Bill of Sale


A buyer pays for which of the following? - CORRECT ANSWER: Escrow, Title,
Insurance


A fictitous business name expires - CORRECT ANSWER: Every 5 years on December


a home painted in 1972, even if the seller repainted
the property a lead based paint booklet is required,
if not, the ommission allows the buyer to: - CORRECT ANSWER: cancel the
transaction.


A lender may evict a borrower within - CORRECT ANSWER: 3 months


A man owns six seperate parcels of real property. He wants to offer all of the parcels as
security for a mortgage loan. The mortgage that he will obtain will probably be? -
CORRECT ANSWER: A blanket mortgage

, A mispelled name in a deed: - CORRECT ANSWER: May be corrected with a quitclaim
deed


A person who is delegated in an intrument to legally do something for another person in
his stead is called - CORRECT ANSWER: Attorney in fact


A principle may request an accounting from the real estate agent of his funds : -
CORRECT ANSWER: At any time


A property held in "Severalty" is owned by: - CORRECT ANSWER: Sole Ownership


A standard policy of title insurance doesnt cover - CORRECT ANSWER: property lines


A strip lines of stores are: - CORRECT ANSWER: Shopping centers


A voidable contract is - CORRECT ANSWER: Valid until voided


Acceleration clause means - CORRECT ANSWER: permits the lender to call the loan
for behind payments


Agents may get sued for: - CORRECT ANSWER: Any Wrong doing


All of the following acts of one joint tenant terminates a joint tenancy except when the
joint tenant: - CORRECT ANSWER: Mortgages his or her share


An advertisement to lease properties only to married couple is - CORRECT ANSWER:
Illegal


An agent may sell a mobile home that is - CORRECT ANSWER: Registered

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutordiligent. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $20.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72841 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$20.49
  • (0)
  Add to cart