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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

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  • 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

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  • September 11, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CALIFORNIA Real Estate
  • CALIFORNIA Real Estate
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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

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