Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 3 out of 17 pages
Exam (elaborations)

LEGAL ASPECTS EVALUATION TEST QUESTIONS AND ANSWERS SET A.pdf

Document preview thumbnail
Preview 3 out of 17 pages

LEGAL ASPECTS EVALUATION TEST QUESTIONS AND ANSWERS SET A.pdf

Content preview

LEGAL ASPECTS EVALUATION TEST QUESTIONS
AND ANSWERS SET A+
✔✔d. Tom's intent to convey the property to Alice was ineffective because he died
before he was able to deliver the deed. - ✔✔Tom plans to convey a parcel of land to his
friend Alice as a gift. He prepares a deed, signs it, and is on his way to Alice's house to
give it to her, but then dies of a heart attack. Alice and Bob are the first ones to find him
and discover the deed clutched in his hand. Alice later records the deed, but Tom's
heirs challenge the validity of the conveyance. What do you expect a court would rule in
this situation?

a. Tom's intent to convey the property to Alice was ineffective because there was a
delivery, but no acceptance.

b. Tom's intent to convey the property was effective because Alice recorded the deed.

c. Tom's intent to convey the property was effective as soon as Alice found the deed in
his hand.

d. Tom's intent to convey the property to Alice was ineffective because he died before
he was able to deliver the deed.

✔✔d. Holographic will. - ✔✔Besides leaving property through a trust, what is another
instrument that a person can use to pass property to someone else when he or she
dies?

a. Deed that provides for the property to be held in a tenancy in common.

b. Contract delivered under seal.

c. Codicil

d. Holographic will.

,✔✔d. effectively dies without a will. - ✔✔A person who is intestate:

a. has a valid will when he or she dies.

b. has a will that does not need to go through the probate process.

c. died with property in more than one state.

d. effectively dies without a will.

✔✔d. The requirements to obtain property belonging to another through adverse
possession. - ✔✔What is the commonality of the words hostile, open, notorious, and
adverse?

a. The steps that someone must take in order for an implied dedication to be perfected.

b. The particular kind of conveyance used in lieu of a will.

c. The means by which the government obtains land for public use.

d. The requirements to obtain property belonging to another through adverse
possession.

✔✔a. Accretion - ✔✔Which is considered a sudden change to land?

a. Accretion
b. Alienation
c. Attribution
d. Avulsion

✔✔c. Constructive notice - ✔✔What type of notice does recording any conveyance
pertaining to real property give to subsequent purchasers and mortgagees?

a. Actual notice
b. Adequate notice
c. Constructive notice
d. Notice of default

✔✔b. Ensure fair and equitable closings. - ✔✔What is the main purpose of Real Estate
Law?

a. Determine ownership of real property with concurrent owners.

b. Ensure fair and equitable closings.

c. Protect the public in real estate transactions involving a licensee.

, d. Warrant that real property has no liens.

✔✔c. Yes, by paying full reimbursement plus interest to the CalBRE. - ✔✔If the
Commissioner pays a judgment on behalf of a broker or salesperson from the
Consumer Recovery Account, the license is automatically suspended. Can the license
be reinstated?

a. No, suspended licenses cannot be reinstated.
b. No, the person must retake the state exam and apply for a new license.
c. Yes, by paying full reimbursement plus interest to the CalBRE.
d. Yes, by repaying the amount of the original judgement.

✔✔d. negotiating loans. - ✔✔All of the following require a real estate license, except:

a. any trustee selling under a deed of trust.
b. negotiating a promissory note secured by real property.
c. soliciting for tenants or rentals.
d. negotiating loans.

✔✔c. Person dealing with his or her own property. - ✔✔Of the following, who is exempt
from the real estate licensing requirements?

a. Person negotiating a sale for a buyer.
b. Person negotiating a sale for a seller.
c. Person dealing with his or her own property.
d. Person soliciting buyers and sellers.

✔✔a. Broker license - ✔✔Dan asked Fred to join him as a partner running his real
estate business. What type of license must Fred have?

a. Broker license
b. Corporate license
c. Partnership license
d. Salesperson license

✔✔a. Commissioner - ✔✔Who has the power to restrict, suspend or revoke a real
estate license?

a. Commissioner
b. Commission Board
c. Courts
d. Real Estate Advisory Committee

Document information

Uploaded on
August 6, 2026
Number of pages
17
Written in
2026/2027
Type
Exam (elaborations)
Contains
Questions & answers
$19.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Sold
1
Followers
2
Items
2007
Last sold
1 week ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions