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

a running stream is considered - ANSWER-real property water found on the land in watercourses, such as natural springs, streams, or rivers and in bodies of water, such as ponds or lakes is called - ANSWER-surface water What is riparian rights - ANSWER--riparian property owners have reasonable use of the follow water - the owner of property bordering a stream or river has riparian rights -the owner of adjacent land may not lawfully divert all available waterand thereby deprive a riparian ...

If an attorney has general powers, he can do all of he following, except: - ANSWERSDeal in the principal's real property without recording the power of attorney In addition to the Real Estate Commissioner, the Real Estate Advisory Commission consists of: - ANSWERSTen members An attorney-in-fact is: - ANSWERSAny legally competent person who has received a power of attorney from another person An owner of a single-family residence sold his home with the aid of an unlicensed person. If th...

Legal Aspects of Real Estate CA (2023/2024) Rated A+ Under (blank), legal disputes were settled on a case-by-case basis before a judge. english common law Under (blank), legal disputes were settled by pre-established statutes Spanish civil law The Federal and state governments are divided into these three branches Executive, legislative, judicial (blank) is the power of the state or local government to protect the public wellbeing police power (blank) is the power of the state or local gover...

SAFE-NMLS-MLO-CA Exam Study (FULL SET) ALREADY PASSED Fraud for profit is a complex scheme involving... multiple parties, including mortgage lending professionals, in a financially motivated attempt to defraud the lender of large sums of money. If a lender sells, transfers, or otherwise disposes of its interest in a mortgage and does not service the mortgage, the lender shall... provide a copy of the Closing Disclosure to the new owner or servicer of the mortgage as a part of the tr...

Latest CAM - Community Association Manager License GA 100% Correct Answers The Year 1925 *Ans* License Law enacted and the GREC (Georgia Real Estate Commission) was created to protect from harmful acts of Real Estate brokers. GREC *Ans* Georgia Real Estate Commission; holds 6 members. 1 of which is not RE (real estate) licensed GREC's Authority *Ans* Can Issue or Deny RE (real estate) Licenses, Can discipline by revoking, suspending, warning, or fining, Can set rules and regs, and Es...

CA Real Estate Exam 2024 Guaranteed Success A rectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purchased all three lots, what would be the front footage: 197; When rent is computed on the gross sales of a business occupying real property, th...

Notary Questions and Answers 100% Pass A commissioned Notary Public completes a notarial certificate they know to be false. What would the Notary would be found guilty of? A. A Felony B. An Infraction C. A Misdemeanor C. A Misdemeanor Samantha is sending a real estate document internationally and needs to have it notarized before requesting an apostille. The document was drawn up in Kentucky and has Kentucky Acknowledgment notarial wording included in the document. She brings it...

Real Estate Salesperson California State Exam Questions and Answers 100% Pass Which of the following is most vital or important in planning a subdivision: - Correct Answer ️️ -Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - Correct Answer ️️ -Percentage Lease What is not an adequate method of transferring property? - Correct Answer ️️ - Executive Sale What is considered personal property? - Corre...

Ethics for paralegals Exam Questions and Answers 100% Pass Judiciary -Answer-The branch that regulates the legal profession Integrated bar -Answer-A bar association in which the mandatory and voluntary aspects of bar activities are combined, and membership is required. Model Rules -Answer-Governing rules of conduct for lawyers adopted by all states except NY, CA and ME. Ethics Opinions -Answer-Written opinions issued by a bar association interpreting relevant ethical procedures and apply...

CA DRE Salesperson Exam Practice Questions When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them what is Andy guilt of? A)Objective Fraud B) Constructive Fraud C) Actual Fraud D) Comprehensive Fraud - ANSWER- C) Actual Fraud A fee simple estate is: A) a leasehold B) an estate for years C) a less-than-freehold estate ...