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CA DRE SALESPERSON EXAM 2 LATEST VERSIONS (VERSION A & B) ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS $9.99   Add to cart

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CA DRE SALESPERSON EXAM 2 LATEST VERSIONS (VERSION A & B) ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS

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CA DRE SALESPERSON EXAM 2 LATEST VERSIONS (VERSION A & B) ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS What are the two types of freehold estates? - Answer️️ -1) an estate in fee (simple absolute) 2) a life estate. What is the most complete, largest type of estate that includes...

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  • September 18, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CA DRE SALESPERSON
  • CA DRE SALESPERSON
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EmillyCharlotte
TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024

CA DRE SALESPERSON EXAM 2 LATEST VERSIONS
(VERSION A & B) 2024-2025 ACTUAL EXAM 150 QUESTIONS
AND CORRECT DETAILED ANSWERS


What are the two types of freehold estates? - Answer✔️✔️-1) an estate in fee (simple

absolute)

2) a life estate.

What is the most complete, largest type of estate that includes all rights associated with

the estate? - Answer✔️✔️-An estate in fee simple absolute

What type of estate do you own if someone grants you real property for you to own only

during your lifetime? When you die, the property reverts back to original estate owner. -

Answer✔️✔️-a life estate

The rights of tenants who rent or lease property is what type of estate? - Answer✔️✔️-

Less-than-freehold

Does property refer to "rights" or "thing" owned? - Answer✔️✔️-Thing

What are the two types of property? - Answer✔️✔️-real and personal

What four things make up real property? - Answer✔️✔️-1) land;

2) anything affixed and regarded as permanent part of the land;

3) anything incidental or appurtenant to the land;

4) anything immovable from land

, TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
Besides the earth, i.e. soil and rocks, what else do you own when you own land? -

Answer✔️✔️-The air space above the land and space beneath the land.

What types of things are considered "affixed" to the land? - Answer✔️✔️-bridges, trees,

buildings and anything affixed to the buildings, ie doors.

What are waterways, easements, access or other benefits associated with land

considered? - Answer✔️✔️-incidental or appurtenant to the land

What are the four different duration types that are associated with estates? -

Answer✔️✔️-1) estates of inheritance or perpetual estates

2) estates for life

3) estates for years

4) estates at will

If property is not real property, than what type of property is it? - Answer✔️✔️-Personal

property

What are three kinds of personal property? - Answer✔️✔️-1) money

2) movable goods/chattels

3) evidence of debt

What are fixtures? - Answer✔️✔️-Personal property that is attached to land so that it

becomes a part of the real property.

What are the five tests used by the courts to determine if an item is a fixture? -

Answer✔️✔️-MARIA

M ethod of attachment

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