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Ca Real Estate Exam Master Questions And Answers With Verified Solutions Already Passed Latest Updated 2024
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  • Course
  • California Real Estate
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  • California Real Estate

Ca Real Estate Exam Master Questions And Answers With Verified Solutions Already Passed Latest Updated 2024

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  • October 9, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ca real estate exam master questions and answers w
  • the risk that an investor cannot secure financing
  • which of the following is true about tie in arrang
  • under what circumstances may the executor of an

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  • California Real Estate
  • California Real Estate

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Ca Real Estate Exam Master Questions
And Answers With Verified Solutions
Already Passed Latest Updated 2024
The risk that an investor cannot secure financing at an affordable rate is called? -
ANSWER✔✔capital risk


Which of the following is true about tie-in arrangements? - ANSWER✔✔They're
an antitrust violation.


Under what circumstances may the executor of an estate sell a property that
belongs to the estate? - ANSWER✔✔Only with court approval


Where can an agent report an antitrust violation? - ANSWER✔✔Citizens
Complaint Center of the DOJ's Antitrust Division


Camille is working with a seller who has asked her to lower her commission rate.
What's the best way for her to explain why she won't do it? - ANSWER✔✔Explain
that her fee is based on the services she provides.


If a seller removes a building from the land prior to sale of the property, the seller
may be responsible for paying _______ on that building - ANSWER✔✔Sales Tax


Which of the following is an example of an agent exercising the duties owed to
customers and other parties? - ANSWER✔✔Francine disclosed information about
the flooding basement to the buyer and buyer's agent.

, Which of the following professional certifications for property managers applies to
a firm? - ANSWER✔✔Accredited Management Organization


Natasha has been working her farm area and is starting to see results. If her efforts
are most efficient and effective, how often is she likely sending out her newsletter
to the contacts in her farm area? - ANSWER✔✔Monthly


This type of buyer is new to the process and asks a lot of questions. The buyer may
be moving out of a family home or apartment into a small, modest home. -
ANSWER✔✔First-Time Buyer


Ezra's lease on his condo includes an option to purchase. He told his landlord,
Sherm, that he's ready to purchase the condo, and they've negotiated a purchase
price and closing date. What kind of contract is this? - ANSWER✔✔Bilateral


Assuming licensee Shannon has actual knowledge of all of the following property
issues, which of these issues should she disclose to prospective buyers? -
ANSWER✔✔The upstairs bathroom has a leaky toilet.


Anya, a real estate licensee, asks her sellers why they want to sell their property. Is
this an appropriate question? - ANSWER✔✔Yes, because she needs to know their
motivations to do her job properly.


A property has a gross effective income of $500,000 and costs $50,000 to
maintain. What is the net operating income for this property? -
ANSWER✔✔$450,000

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