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California Real Estate Principles Final
Exam | Practice Questions & Answers |
Latest 2026/2027 Update
California Real Estate
California
Principles
Real
Final
Estate
Exam
California
Principles
_ Practice
Real
Final
Questions
Estate
ExamPrinciples
_&Practice
Answers
Final
Questions
_ Latest
Exam _2026_2027
&Practice
AnswersQuestions
Update.pdf
_ Latest 2026_2027
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,California_ Real Estate Principles final exam.pdf California_ Real Estate Principles final exam.pdf California_ Real Estate Principles final exam.pdf
C. Net Listing
Which of the following listing agreements is illegal in most states?
Open Listing
Exclusive Agency Listing
Net Listing
Agency Coupled with Interest
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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is no longer active); and be willing to buy a California home or farm.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.
Barney Dinesh has served two years of active duty for the United States Army in the Middle
East. He is still on active duty, though he is now stationed stateside in California. He and his
new wife, Alma, have found a home they both love, and their agent tells them about the Cal-
Vet loan, saying that he believes Barney would qualify for this. What are the main
requirements for such a loan, and does Barney (from the information given here) seem to
qualify for the Cal-Vet program?
The Cal-Vet loan requires that the veteran have served a minimum of 120 days' active duty;
provide an affidavit if on active duty (or an honorable discharge if not active); and a $500.00
deposit. Provided Barney can procure this affidavit, and the deposit money, it appears that
he would qualify.
The Cal-Vet loan program requires that the veteran have served a minimum of 120 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is no longer active); and be willing to buy a California home or farm. Based on the
information provided herein, Barney should qualify for the program.
The Cal-Vet loan program requires that the veteran have served a minimum of 90 days'
California_ Real Estate Principles final exam.pdf California_ Real Estate Principles final exam.pdf California_ Real Estate Principles final exam.pdf
, California_ Real Estate Principles final exam.pdf California_ Real Estate Principles final exam.pdf California_ Real Estate Principles final exam.pdf
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.
The Cal-Vet loan requires four essentials: (1) The veteran must have served a minimum of 90
days' active duty; (2) The veteran must provide a Statement of Service if on active duty (or an
honorable discharge if he is no longer active); (3) The veteran must be willing to buy a
California home or farm; and (4) Most importantly, the veteran must meet the requirements
for a Veterans Administration (VA) loan before he can be ap
B. A Bridge Loan
Karen and Jay need a larger home. They have two large dogs and a baby on the way. One
day in the real estate section, they see their dream home. The couple view the home that
very day, make an offer, and it's accepted. There's only one problem: They haven't even put
their home on the market. Which type of loan gives Karen and Jay their best option of paying
two mortgages until their current home sells?
A Participation Mortgage
A Bridge Loan
A Sale-Leaseback
A Contract for Deed
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