California real estate - Study guides, Class notes & Summaries

Anything that is fastened or attached to real property permanently is considered to be: - ANSWER Real Property A quitclaim deed releases all present claims, rights and title of the: - ANSWER Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: - ANSWER Obtain a writ of execution Before a mechanics lien is effective it must be: - ANSWER Verified and recorded Discrimination by a real estate licensee based on race is: - ANSWER...

California Legal Aspects of Real Estate Final Exam (Already Graded with a pass rate of 97%) California Legal Aspects of Real Estate Final Exam (Already Graded with a pass rate of 97%) A promissory note is: a. evidence of the debt b. evidence of a sale c. a security interest in the property for the lender d. the same as a mortgage or trust deed a. evidence of the debt In order to be considered an emancipated minor and have the capacity to contract, a minor must: a. be married, widow...

California Real Estate Exam 2023-2024 Multiple Choice Questions and Answers 100% Solved(RATED A+)California Real Estate Exam 2023-2024 Multiple Choice Questions and Answers 100% Solved(RATED A+)California Real Estate Exam 2023-2024 Multiple Choice Questions and Answers 100% Solved(RATED A+)California Real Estate Exam 2023-2024 Multiple Choice Questions and Answers 100% Solved(RATED A+)An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising o...

California Real Estate License Exam 1 Questions and Answers (Latest Update 2023)

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Real Estate Salesperson California State Exam Questions and Answers 100% Real Estate Salesperson California State Exam Questions and Answers 100% CorrectReal Estate Salesperson California State Exam Questions and Answers 100% Correct Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an ade...

colibri real estate practice questions and answers 100% correct Which of the following would be an example of a licensee specializing in business type? - Answer- Jim specializes in clients who want to buy restaurants. Which of the following statements is not true? - Answer- A broker is not responsible for the acts of independent contractors. Which of these statements is true? - Answer- Salespersons must perform all of their activities on behalf of their employing broker. Which of the fol...

Legal Aspects of Real Estate Final Exam 2023/2024 With Complete Solutions Because the United States started as an English colony, our legal system is a mix of common law and civil law Which of the following is not one of the four main sources of law? Contract law Based on the two broad categories of law, which one covers typical cases involving contracts and property ownership? Civil law The California _________ is the highest court level and all courts in California are bound by it...

Real Estate Principles Final Exam Verified Answers Anything that is fastened or attached to real property permanently is considered to be: ️Real Property A quitclaim deed releases all present claims, rights and title of the: ️Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: ️Obtain a writ of execution Before a mechanics lien is effective it must be: ️Verified and recorded Discrimination by a real estate licens...

C. Net Listing - Answer- Which of the following listing agreements is illegal in most states? Open Listing Exclusive Agency Listing Net Listing Agency Coupled with Interest C. The Cal-Vet loan program requires that the veteran have served a minimum of 90 days' active duty; provide Statement of Service if on active duty (or an honorable discharge if he is no longer active); and be willing to buy a California home or farm. Barney would appear to qualify, based on the given information. - A...