California - Samenvattingen en Aantekeningen

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 Principles Practice Exam 1 - Salesperson License/ Q&A. 1 of 50 - Which form of payment is most common for a property manager? A. A percentage of income. B. A salary. C. A flat fee. D. All of the Above - Answer: A. A percentage of income. 2 of 50 - Which of the following is exempt from the Natural Hazards Disclosure? A. A special flood area. B. A geological hazard. C. A wildland high fire severity area. D. A seismic hazard zone. - Answer: B. A geological ha...

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...

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

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 ...

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CALIFORNIA LAW EXAM OPTOMETRY NEWEST EXAM AND PRACTICE EXAM 2024 ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS

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