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CA DRE Salesperson Exam 2024 Questions & Answers Verified Correctly!!
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CA DRE Salesperson Exam 2024 Questions & Answers Verified Correctly!!
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Name: Score:144 Multiple choice questions
Definition 1 of 144
Husband and wife share interest equally in the property
Tenancy In Common
Community Property
Excess Land
Tenancy By The Entirety
Term 2 of 144
The acquiring of additional property.
Dedication
Adverse Possession
Escheat
Accession
Term 3 of 144
How many acres are in each section of a township?
320 acres
480 acres
1280 acres
640 acres
,Term 4 of 144
In a vertical subdivision, what is separated from ownership of the rest of the property?
1. time
2. title
3. interest
4. possession
1. Subsurface
2. The surface
3. The air space
An estate in fee simple absolute
NO. The deceased undivided interest in property may go to heirs.
Term 5 of 144
The means of acquiring interests in land, usualy an easement, by continued use.
Treatment, Traction
Escheat
Reversion
Perscription
Definition 6 of 144
Reversion
What are the five tests used by the courts to determine if an item is a fixture?
An estate that reverts back to the grantor after the life of the tenant expires.
The acquiring of additional property.
Personal property used in a business, attached to the property, but removable by the
tenant.
,Term 7 of 144
What are three kinds of personal property?
1) Humbolt
2) Mt. Diablo
3) San Bernardino
1) money
2) movable goods/chattels
3) evidence of debt
incidental or appurtenant to the land
1. Binding; 2. Specific; 3. Silly; 4 Strict? Look up this one
Term 8 of 144
Direct costs
The net sum of positive and negative adjustments
The final value estimate stated in a single dollar amount
Encroachment
Costs of material and labor used to build an improvement
Term 9 of 144
When property is not described by a recorded map, what type of description may be used?
Lot and block
Metes and bounds
Encumbrances
Base lines
, Term 10 of 144
Sub-structure or foundation data
Observed condition method or the breakdown method
The effective date of appraisal
Information about the parts of the building below grade level; includes basement or crawl
space
The net sum of positive and negative adjustments
Term 11 of 144
Excess Land
The interest of the owner of leased property
The net sum of positive and negative adjustments
Value of property is affected by the potential future benefits of ownership
Land above and beyond what is needed for the highest and best use of a site
Term 12 of 144
What are waterways, easements, access or other benefits associated with land considered?
permanent structures built on the land.
the physical boundaries that enclose the land.
legal documents that define land ownership.
incidental or appurtenant to the land
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