California real state - Study guides, Class notes & Summaries

2024 WSC Full Set – Pocketpwaa (Definitions from Pocketpwaa - Study Guide Not to be used as a sole source, just a review) Rated 100% Correct Diorama A taxidermied subject within its historical environment. Established by Carl Akeley in 1890, and requires research from Botanists, Zoologists, Anthropoligists, etc. Aaron Delehanty A person specializing in creating dioramas, starting since he was in 6th grade. Worked on a Hemedu civilization diorama with the Cyrus Hall of China as well as ...

Valuation process A systematic procedure used in the valuation of real property. Steps: 1: Define the problem 2:Determine scope of work 3:Gather, record, and verify the data 4:Determine the highest and best use 5:Estimate the land value 6:Estimate value by each of the three approaches (if applicable) 7:Reconcile the estimated values into the final opinion of value 8:Report the final opinion of value Client The party or parties who engage, by employment or contra...

California Legal Aspects of Real Estate Final Exam 2022 (Answered) A promissory note is: a. evidence of the debt b. evidence of a sale c. a security inte rest in the property for the lender d. the same as a mortgage or trust deed In order to be considered an emancipated minor and have the capacity to contract, a minor must: a. be married, widowed, or divorced; have entered military service on active duty; or have received a declaration of emancipation from a court b. just state that he is an ema...

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 adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...

Notary Public Exam (California)correctly answered 20231: What is one requirement for becoming a California Notary Public? Be a legal resident of California 2: Your jurisdiction will be: The entire state of California 3: A possible penalty for committing perjury is: 2, 3 or 4 years 4: You have how many days to take your oath of office after your commencement date: 30 days 5: If you request a new Certificate of Authorization, the State of California must respond wit...

Which crime is often related to alcohol use? - sexual assault Whose responsibility is it to act as gatekeeper in regard to the community's ability to obtain alcohol in public establishments? - the alcohol server Which condition is associated with alcohol-impaired driving? - Impaired judgement When alcohol is mixed with ______ the side effects can range from discomfort to death. - medications or recreational drugs What is the best way to sober up an intoxicated person? - only time will sob...

Real Estate Salesperson California State Exam | 100% Correct Answers | Verified | Latest 2024 Version

Notary Exam 2023 Practice Questions with Verified Solutions If a Notary identifies a signer through proper ID but forgets to put the information in her journal, she would be fined for? 750 Aaron has filed his Oath of Office and bond with the county recorder's office where he holds his principal place of business. Aaron is under oath for the duration of his commission to follow all Notary laws as a result. If Arron falsifies a statement, verbally or in writing, he may be found guilty of: Forge...

PSI - LIFE, ACCIDENT, AND HEALTH –FULL| Questions and Answers, 100% Verified| Latest 2023/2024 PSI - LIFE, ACCIDENT, AND HEALTH – FULL| Questions and Answers, 100% Verified| Latest 2023/2024 What happens under a misstatement of age clause on a disability policy? 1. The policy would be terminated and all premiums would be returned to the policy owner. 2. The policy would be terminated and all premiums would be retained by the insurance company. 3. All amounts payable under t...

California property and casualty exam, Pool Questions & Answers. Verified. Rated A The process where by a mutul insurer becomes a stock company is called - Demutalization The process whereby a stock company a mutal insurer is called - Mutalization The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause The part of the policy that states the amout of coverage the insured property policy period is - Declara...