California real estate - Study guides, Class notes & Summaries

CALIFORNIA REAL ESTATE EXAM MULTIPLE CHOICE EXAM 500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES|

CA Real Estate State Exam Crash Course/ 682 Q&A with Rationales/ Already Graded A+. When transferring certain real property, the California Civil Codes states that a transfer disclosure statement is to be delivered by which of the following? A - The transferor B - A wife to her husband in part of a divorce situation C - The trustee when part of a trustee sale D - Probate court as part of the probate sale - Answer: A - The transferor Answer Feedback: Per the California Civil Code, if...

California Real Estate Principles – 393 Questions and Answers/ Already Graded A+ (1) 1. The Real Estate Law is found in the a. Licensing Code b. Business and Professions Code c. Health and Safety Code d. Corporations Code - Answer: Business and Professions Code (1) 2. The Real Estate Commissioner reports to the a. California Bureau of Real Estate b. governor c. Real Estate Advisory Commission d. legislature - Answer: governor (1) 3. Salesperson Sam owns 25% of the outsta...

California Real Estate Principles – 393 Questions and Answers/ Already Graded A+ (1) 12. Broker Luis has an exclusive listing agreement with the Pierces. The listing will terminate "when the parties agree". This practice is a. acceptable b. mandated c. discouraged d. prohibited - Answer: prohibited (1) 13. When broker Bob exercised his option to buy Whiteacre, he presented to the owner of Whiteacre a written statement of his expected profit in the transaction. The seller a...

California Real Estate Exam/ 208 Questions with Certified Solutions. If a buyer has defaulted on on an original land contract which had been recorded, this would result in a defective title, requiring legal action to clear the title. This is called - Answer: a Quiet Title Action. A promise is also known as a - Answer: Covenant A court action is mandatory to evict a delinquent tenant. This process is called - Answer: Unlawful Detainer A verbal contract is considered - Answer: Valid ...

CALIFORNIA REAL ESTATE SALESPERSON FINAL EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED

California Real Estate Exam/ 208 Questions with Certified Solutions. In reference to Property Taxes, "basis" or "cost" is - Answer: Purchase price of prop plus cost of improvements. How is a condominium unit owned? - Answer: Separate interest How are common interests in a condo owned? - Answer: Equally in undivided interest Subdivided Land Laws refer to - Answer: Subdivisions of 5+ parcels on 160 acres, regulated marketing & financing, and requires disclosures in public ...

California Real Estate Exam Multiple Choice Questions/ 510 Qs & Correct Ans. The county tax assessor is the best source for establishing the age of a home. "Gross multiplier" is used to determine value of certain types of income properties. It is determined by: a. dividing the gross rental income by the appraised value. b. multiplying the market price by the capitalization rate. c. dividing the sales price by the gross monthly rental. d. multiplying the gross monthly rental by ...

CALIFORNIA REAL ESTATE EXAM REAL EXAM 2023/2024 2 DIFFERENT VERSIONS EACH CONTAINS 150 MULTIPLE CHOICE QUESTIONS AND DETAILED ANSWERS FOR GUARANTEED PASS|GRADED A

California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case (Ans- Must disclose death (and manner of death) on a property if occurs within 3 years, except AIDS Jones vs. Mayer Supreme Court Decision (1968) (Ans- Racial discrimination not allowed (whether selling or buying) in all PRIVATE property transactions (based on Civil Rights Act of 1968) Easton vs Strassburgar (Ans- Seller disclosures to third parties AND agent visual inspection of all...

California Real Estate Principles - Questions and Answers Already Passed (1) 1. The Real Estate Law is found in the a. Licensing Code b. Business and Professions Code c. Health and Safety Code d. Corporations Code Business and Professions Code (1) 2. The Real Estate Commissioner reports to the a. California Bureau of Real Estate b. governor c. Real Estate Advisory Commission d. legislature governor (1) 3. Salesperson Sam owns 25% of the outstanding shares of Rollo Realty, I...