California Real Estate Actual Exam Questions with Correct Answers

California Real Estate Actual Exam Questions with Correct Answers A land developer should initially: a. acquire the land. b. do a cost analysis. c. do a market analysis. d. determine the development costs. - Answer-c. do a market analysis. Otherwise referred to as a "feasibility" study, which will help determine if this or other alternatives should be pursued. Which of the following is NOT real property? a. Giant redwood tree growing in yard b. Stock in mutual water company c. Owner has removed fence, stacking the wood on the ground d. None of above - Answer-c. Owner has removed fence, stacking the wood on the ground Wood stacked on ground is personal property; the redwood tree is growing in the ground, and stock in the mutual water company is appurtenant to the real property. If an appraiser observes wide cracks in the walls of a basement, he will attribute the probable cause to: a. normal curing of the concrete. b. settling of the house. c. weakening joists. d. deterioration due to moisture. - Answer-b. settling of the house. Settling of the house on its foundations would cause such wide cracks. The other answers would not have this effect. All of the following are essential elements to claim an easement by prescription, except: