Real Estate Express
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Is it permissible to advertise real estate associated services or products in California without a California real estate license? - correct answerYes, as long as the products or services do not include any actions for which a California real estate license is required. 
 
Which regulation or section(s) apply to the use of the Internet for advertising in California? - correct answerCommission's Regulation 2770-- sets forth regulations regarding both advertising and doing real estate business ov...
Easements can be terminated by: - correct answer1. The purpose of the easement no longer exists. (a new road is built, etc.) 
2. The holder of the easement abandons it for the statutory time period. 
3. A merger of the properties occurs so an easement is not needed. 
4. Destruction of the property or the easement (such as being at the bottom of a new dam filled with water.) 
5. The owner of the easement issues a Quit Claim deed back to the property owner that granted the easement. 
6. Excessive ...
What kind of professionals manage the legal aspects of a development project? - correct answerReal Estate attorneys, title companies, surveyors, property insurance companies and government regulatory officials 
 
What types of professionals are involved in the transfer of rights and interest in Real Estate? - correct answerTitles companies, Real Estate Brokers/ Sales Persons, Mortgage Brokers, Mortgage Bankers, Appraisers, Insurers 
 
Property is classified into what three types? - correct answe...
Real Estate Express 
Final Exam 
QUESTIONS WITH 
VERIFIED ANSWERS 
2023/2024 UPDATE 
At least that goes month to month is known as - ANSWER an state from period to 
period 
Madison Davidson negotiate it for a $30,000 loan with $200 monthly payments, plus 9% 
interest. in this case what is the monthly interest in the first month - ANSWER $225 
1st you take $30000 in multiply it by 9% for the total annual interest paid or $2700. 
Divide that by 12 months for the total of $225 per month ent...
Real Estate Express Final Exam 2023-2024 Questions and Answers 100% Correct 
 
 
Real Estate Express Final Exam 2023-2024 Questions and Answers 100% Correct 
 
 
Real Estate Express Final Exam 2023-2024 Questions and Answers 100% Correct 
 
 
Real Estate Express Final Exam 2023-2024 Questions and Answers 100% Correct 
 
 
 
Yes, because the city is using its power of eminent domain for public good. - ANSWER-A city acquires a 10-foot strip of a property owner's land for a public walking trail. T...
Which of the following is exempt from the Natural Hazards Disclosure? - ANSWERS 
 
Karen and Jay need a larger home. They have two large dogs and a baby on the way. One day in the real estate section, they see their dream home. The couple view the home that very day, make an offer and it's accepted. There's only one problem: They haven't even put their home on the market. Which type of loan gives Karen and Jay their best option of paying two mortgages until their current home sells? - ANSWERS...
Easements can be terminated by: - ANSWERS1. The purpose of the easement no longer exists. (a new road is built, etc.) 
2. The holder of the easement abandons it for the statutory time period. 
3. A merger of the properties occurs so an easement is not needed. 
4. Destruction of the property or the easement (such as being at the bottom of a new dam filled with water.) 
5. The owner of the easement issues a Quit Claim deed back to the property owner that granted the easement. 
6. Excessive use occ...
The total of fees for each original real estate sales license is: - ANSWERS$125 
 
To apply for a permit to do business as a business broker, the licensee must submit an application to the Division, along with a certificate of completion that the licensee has completed a minimum of how many hours of instruction related to business brokerage? - ANSWERS24 
 
The Federal Home Loan Mortgage Corporation is the same as: - ANSWERSFreddie Mac. 
 
Which of the following is the same as a Fannie Mae ...
A real estate licensee has a buyer agency agreement. What is the seller in this situation? - Answer A customer. 
 
An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? - Answer He must exercise his option under the terms of the option contract. 
 
When can a landlord evict a disabled blind or disabled tenant from the premises? - Answer If the tenant has loud parties, makes too much noise...
The duties of a property manager include all EXCEPT: 
a) Selling the property 
b) Advertising the property 
c) Maintaining the property 
d) budgeting expenses for the property - Answer A 
 
Which is the most important issue for a broker acting as a property manager to accomplish? 
a) To make sure the building is 100% occupied 
b) To keep tenant happy and satisfied 
c) To budget and keep costs down 
d) To get maximum income while preserving the value of the investment - Answer D 
 
Which stateme...