CA DRE Real Estate Exam 2023/2024 Correct 100%

A rectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purchased all three lots, what would be the front footage: - ANSWER197; When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWERA percentage lease. If a man has a freehold estate, which of the following would result in his having a less-than-freehold estate: - ANSWERA: Sale and leaseback; If a man leased a store for only six months, he would have an: - ANSWERB: Estate for years; An easement differs from a license in that a license: - ANSWERD: May be revoked. The remedy of unlawful detainer action is used by offended: - ANSWERC: Lessors; Which of the following is considered personal property: - ANSWERC: An existing mortgage; Which of the following would not be classified as real property: - ANSWERD: Leasehold estates in residential properties. All of the following are factors generally considered when determining whether an item of personal property has become real property, except: - ANSWERC: Cost of the article; Which of the following is not a test for a fixture: - ANSWERD: The time of attachment. Which of the following loans would be most likely to qualify for FHA insurance but not for a VA loan guarantee: - ANSWERA: A loan to purchase 1-4 units of residential rental property; Bascomb purchased a parcel of real property, and received a standard policy of title insurance. Bascomb would be protected against all of the following items except: - ANSWERB: Easements and liens on the property not revealed by the public records;