Ca real estate law - Study guides, Class notes & Summaries

EOC test for gold coast real estate course|Complete Questions with 100% Correct Answers what are the 3 areas that a licensee are required to have expert knowledge? property transfer, valuation, marketing when a developer acquires a large tract of land and records a subdivision play map, and uses a model center from which sales are made is called? tract building focusing on one type or style of property or a particular neighborhood farming/farm area sales associate who wishes t...

CA Real Estate Salesperson Exam Questions With All Correct Answers T/F? Brokers can designate any licensee to act as a branch office manager? - ANSWER- False - the designated licensee must have at least 2 years full time real estate experience during the last 5 years. June has worked with buyers and sellers for years. When homeowners default on their mortgage, June acts as trustee for the deed of trust. Under the deed of trust, June has the authority to sell the property. Does June have a ...

CA Real Estate Exam- Practice Verified Solutions Two friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could: Place the beneficiary in a precarious position should the borrower die before the debt is paid. Joint tenant estate held by two joint tenants is severed and ended by the following: A foreclosure by one of the joint tenants. One of the joint tenants transfers his interest to a third ...

CA Law and Ethics Exam Questions and Answers All correct Applicable California law and a practitioner's professional code of ethics (such as the NASW or CAMFT Code of Ethics) ... - Answer- ... do NOT hold equal weight in court cases. Only some of the ethical standards outlined in the professional ethical standards are enforceable guidelines for professional conduct. The extent to which ethical standards are legally enforceable is a matter of professional judgment on the part of those re...

In what code is the Real Estate Law found? - Business and Professions Code Who does the Real Estate Commissioner Report to? - The governor A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the broker owns the remaining shares. Is the division ownership acceptable or unacceptable? - Acceptable A salesperson is part owner of Rollo Realty Inc. In the broker's absence, the salesperson frequently reviews the work of sales associates. This is: - Prohibited A real e...

CA Real Estate Principles Test Aceable Agent Exam Questios with 100% Correct Answers In what code is the Real Estate Law found? - answerBusiness and Professions Code Who does the Real Estate Commissioner Report to? - answerThe governor A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the broker owns the remaining shares. Is the division ownership acceptable or unacceptable? - answerAcceptable A salesperson is part owner of Rollo Realty Inc. In the broker's absen...

Chapter 03 Extent of Real Estate Interests TRUEFALSE 1. Land ownership includes air rights and subsurface rights. (A) True (B) False Answer : (A) 2. Air rights and subsurface rights cannot be conveyed independently. (A) True (B) False Answer : (B) 3. Because a landowner owns the airspace above the land, air travel through that airspace is prohibited. (A) True (B) False Answer : (B) 4. A column lot is the space between the earth's surface and an imaginary plane 23' above the surface. ...

DRE salesperson Exam Questions With Answers How many baseline and meridian systems in CA? - ANSWER- 3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - ANSWER- CA In the order in which they are to occur, the three steps of agency discosure are? - ANSWER- disclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? - ANSWER- Demand, utility, scar...

EOC test for gold coast real estate course|Complete Questions with 100% Correct Answers what are the 3 areas that a licensee are required to have expert knowledge? property transfer, valuation, marketing when a developer acquires a large tract of land and records a subdivision play map, and uses a model center from which sales are made is called? tract building focusing on one type or style of property or a particular neighborhood farming/farm area sales associate who wishes t...

CA Real Estate License Mock Exam Rated A+ A contract created under duress is: voidable Of the following, which is most correct concerning the Statute of Frauds? It classifies most oral real estate contracts as unenforceable. When a seller sells his home "as is," which of the following is true? The seller must still give the buyer a real estate transfer disclosure statement. Which of the following would be the most favorable lease for an owner of an improved business property located in a ra...