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California Real Estate Exam Prep UBC Questions and Answers 2024. Common Law - Correct Answer-1. originated from england 2. Doctrine of stare decisis 3. Uniformity 3. Precedent Equitable Law - Correct Answer-originally from england, non money remedy, to avoid unjust enrichment by only uses of common law, includes injunctions (court orders not to do something) Statue Law - Correct Answer-A law or act passed by government -created through legislation ( ex/ land title act) - Made ...

California Real Estate Practice Exam 100 Questions and Correct Answers. 1. Brokerage definition... - Ans-the business practice of bringing together the parties in a practice. 2. What are two examples of special use property? - Ans-schools and cemetary 3. What is an example of functional obsolescence? - Ans-bathroom 4. Principal definition... - Ans-a consumer of real estate services who has entered into an agency relationship with a broker or another licensee employed by a broker. ...

Practice of Real Estate and Disclosures-Final Exam Test Question with Correct Answers. Requirements for licensing as a real estate salesperson include all, except: ownership of property being eighteen years or older being honest and truthful getting fingerprinted - Correct Answer-ownership of property. Property ownership is not a requirement for obtaining a California Bureau of Real Estate (CalBRE) license A real estate broker's advertisements need to include: the name of ...

National Real Estate Exam Preparation Questions with Correct Answers. Unilateral Contract - Correct Answer-Contract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract - Correct Answer-Contract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal - Correct Answer-A person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer - Correct Ans...

Champions School of Real Estate - Exam Prep Test Questions with Exact Answers. Buyer Representation Agreement - Correct Answer-An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency - Correct Answer-Agency as a result of customary, usual or typical conditions Broker - Correct Answer-A properly licensed party who serves a principal in an agency relationship- also called an agent Client - Correct Answer-A party represented by a broker in an agency re...

California Real Estate Final Exam Study guide Chapter 1 Aceable Agent Test Questions and Answers. Most California Real Estate Law originally came from - Ans-C - English Common Law Reliance on previous decisions is best describe as? - Ans-B- Stare DECISIS Our system of statutes in California could best be described as - Ans-A- Civil Law The equal credit opportunity act is best describe as - Ans-C- Civil Law The power of eminent domain is based on which amendment to the U.S Constitu...

Easy To Pass-California Real State Exam Test Questions With Solved Solutions. What would be used to transfer the title of personal property? - Correct Answer-Bill of sale What is the key advantage of an installment sale for federal income tax reasons? - Correct Answer-The gain realized will be taxed in the year was received. When parties of two or more own property as tenants in common each one - Correct Answer-Has the right to Possession of the entire property Why can a corporation ...

Certified CA Real Estate Exam Test Questions with Exact Answers. 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: - Ans-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: - Ans-A foreclosure by one of the joint tenants. One of the joint tenants transfer...

Detailed California Real Estate Exam CH 1-15 Questions with Accurate Answers 2024. Mikela wants to research and study the requirements for the California Real Estate Examination Test. Where can she find the exam's purpose and requirements? - Correct Answer-California Business and Professions Code Section 10153 Marc needs to score 12 points higher on the California State Licensing exam this time to earn a passing score. What was his initial exam score? - Correct Answer-Marc's initia...

Comprehensive California Real Estate Express Exam Prep Questions with Correct Answers. The right to control one's property includes all of the following EXCEPT 1 the right to invite people on the property. 2 the right to exclude the utilities meter reader. 3 the right to erect "no trespassing" signs. 4 the right to enjoy pride of ownership. - Correct Answer-the right to exclude the utilities meter reader. This right to enter and work on a property is granted to u...