California Real Estate Salesperson Exam Questions and Answers

An owner of land owns riparian rights to water on, under, or adjacent to the land in which of the following? A) Oceans and bays B) Rivers or streams C) Underground caves with water D) All of the above B) Rivers and Streams Which of the following is usually considered real property? A) Crops which have been harvested B) Minerals which have been mined C) Stock in a mutual water company D) Growing crops which have been sold C) Stock in a mutual water company If an owner acquires land which includes riparian rights appurtenant, such riparian rights: A) give the owner absolute ownership of the water B) must be expressed in the trust deed C) may be determined accurately from an examination of public records at the County Recorder's Office. D) concern the use of moving water, such as a stream within the watershed D) concern the use of moving water, such as a stream within the watershed Real property includes: A) chattel mortgages B) trust deeds C) vegetation D) furniture C) vegetation John owns a life estate based upon his own life. He leases the property to a tenant on a five year lease. John, the life tenant, dies two years later. What happened to the lease? A) The lease continues in effect for the full five years B) The lease is terminated C) The lease continues in effect, but the tenant must renegotiate the monthly rent with the holder of the estate in reversion