CA DRE salesperson exam Questions & Answers
How many baseline and meridian systems in CA? - ANSWER3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - ANSWERCA In the order in which they are to occur, the three steps of agency discosure are? - ANSWERdisclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? - ANSWERDemand, utility, scarcity, and transferability Collateralized loan - ANSWERA loan secured by another loan, rather than a property Excess Land - ANSWERUsed for practical purposes such as storage Frank leased a property to Chester. Chester gave Mark an easement over the property. At the end of the lease term: - ANSWERthe easement may not extend beyond the term of Chester's lease In a newspaper advertisment, Annual percentage rate (APR) - ANSWERMay stand alone as financial info without providing any additional financial info When a lease is for a period greater than one year, the contract does not require the signature of - ANSWERDoes not requiree the signature of the owner, only the tenant A landlord is required to provide a copy of the written lease to the tenant within: - ANSWER15 calendar days In an escrow statement, "recurring costs" refers to - A
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