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CA Real Estate Salesperson Exam Questions with answers Already Passed

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Land The physical property and any natural objects on it - like trees and bodies of water, often referred to as a "lot', "site", or "parcel". Real estate generally refers to land with permanent manmade improvements. Real property refers not only to the land and its improvements, but also the bundle of rights, powers, and privileges ("bundle of rights") that are legally connected to ownership of that land. Transferred by deed. Tangible rights based on the physical aspects of a property, such as claims to: land, buildings, garages, barn/sheds or other improvements, forests, farmland, vineyards, trees, plant life, floral gardens (with some minor exceptions), fixtures (such as fences, plumbing, etc.).

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