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California Real Estate Broker Exam - Real Estate Law Questions and Answers 100% Pass Zoning laws are one example of - Correct Answer ️️ -police power The holder of a life estate based on the holder's own life may not - Correct Answer ️️ - devise (leave by will) the property to anyone. A bill of sale must have - Correct Answer ️️ -the signature of the seller. An appraiser determines the value of an income producing property as of a "given date" to indicate the market - Corre...

Final Exam A California real estate Questions and Answers 100% Pass All of the following are ways by which an offer to purchase real estate would be terminate, except - Correct Answer ️️ -Failure to communicate notice of revocation before the other party has communicated his or her acceptance When using their closing statement, escrow would debit the seller of income property for which of the following items - Correct Answer ️️ -Prepaid rent When a Cal-Vet wishes to purchase a hom...

Real Estate Principles Final Exam Questions and Answers 100% Pass Anything that is fastened or attached to real property permanently is considered to be: - Correct Answer ️️ -Real Property A quitclaim deed releases all present claims, rights and title of the: - Correct Answer ️️ -Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: - Correct Answer ️️ -Obtain a writ of execution Before a mechanics lien is effective ...

California Real Estate Exam Questions and Answers 100% Pass Purpose of CalBRE - Correct Answer ️️ -The California Bureau of Real Estate (CalBRE) protects the public through the enforcement of laws and requirements for salespersons' and brokers' real estate licenses. The California Real Estate Commissioner - Correct Answer ️️ -The California Real Estate Commissioner has the authority to investigate the actions of any person engaged in the business of a licensee in California, and...

California Real Estate Principles - Questions and Answers 100% Pass (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 - Correct 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 - Correct Answer ️️ -governor (1) 3. Salesperson Sam owns 25% of the ou...

California Real Estate Exam #2 Questions and Answers 100% Pass The maximum commission a broker may charge for the sale of residential property is: (a) set forth in the Real Estate Law. (b) determined by the broker's contract with his principal. (c) six percent of the total sales price of a residence. (d) determined by local custom. - Correct Answer ️️ -B There is currently no law which controls what amount may be charged by the broker. Therefore, it is set by agreement between the p...

California Real Estate License Exam 1 Questions and Answers 100% Pass 1.1. A title was recorded for a parcel of real property vested in the name of Johan Wilson, a single woman. After her marriage to William Roberts, she executed a deed to the property only in the name of Johan Roberts, a married woman. The discrepancy in the grantors name is: A. Valid if William Roberts agrees to it B. A defect on title that may cause title to be vested as tenants in common C. Immaterial if the property...

Updated 2024 California Real Estate Exam Prep Questions and Answers 100% Pass What type of entry door is required between the garage and entrance to the house? - Correct Answer ️️ -Fire door; Self-closing. A buyer purchases a house for $300,000 and applies for a $250,000 loan. The buyer is asked to pay one discount point. How much money will the buyer have to pay? - Correct Answer ️️ -$2,500; a discount point is 1% of the loan amt An offer or counteroffer could be expressed in all...

California Real Estate - State Test Prep Questions and Answers 100% Pass If property is sold while in probate - Correct Answer ️️ -Commission is only controlled by law under two situations. One being the Real Property Loan Law and... Real Property Loan Law - Correct Answer ️️ -Commission is only controlled by law under two situations. One being If property is sold while in probate and... agent of the broker - Correct Answer ️️ -The Broker is the Agent of the seller. The salesp...

CA Real Estate Principles Exam Questions and Answers 100% Pass Acre - Correct Answer ️️ -Measures to 43,560 square feet, or 160 rods. Allodial Tenure - Correct Answer ️️ -Type of system where individuals own land Feudal Tenure - Correct Answer ️️ -Type of system where the government/monarchy owns land Treaty of Guadalupe Hidalgo (1848) - Correct Answer ️️ -Signed by Mexico giving California to the USA. 1850 - Correct Answer ️️ -California was admitted to the Union Me...