REAL 370 PRINCIPLES OF REAL ESTATE FINAL EXAM
QUESTIONS AND ANSWERS- 2024-2025
Anything that is fastened or attached to real property permanently is considered to be:
Real Property
A quitclaim deed releases all present claims, rights and title of the:
Grantor
AD
When a creditor wants to satisfy a judgement which was levied against another person, the creditor
would:
Obtain a writ of execution
Before a mechanics lien is effective it must be:
Verified and recorded
Discrimination by a real estate licensee based on race is:
A violation of the regulations of the Real Estate Commissioner, against public policy, and unethical
Upon the signing of a real property sales contract:
An equitable title passes to purchaser
,All California Real Estate Laws are created by:
Acts of the legislature
The 36 sections in a township are numbered from 1 through 36. Section 1 is located in the:
Northeast corner
Which of the following would be a discriminatory act under the Commissioner's Regulations?
Posting a sign on the property indicating a preference for female renters, designing an ad for general
circulation appealing to persons of a specific religion to purchase within a given area, and refusing to list
a property in an area occupied by persons of a race other than the licensee.
The type of interest usually charged on home loans is:
Simple
A landowner is notified by a railroad company that it plans to cross his property with a railroad line. If
the landowner refuses, the railroad company can proceed by the use of:
Eminent domain
Title to real property that is transferred by a will is considered:
A devise
AD
, A real estate broker received 40 acres of land valued at $300 per acre as a commission from the seller.
Two weeks after escrow closed, the broker was offered $400 per acre for the land. If the broker accepts
the offer he:
Will be acting in an acceptable manner
The words "procuring cause" would have an important meaning to which of the following?
A disputed over commission on an open listing
Which of the following is not an essential element of a contract?
Performance
Under the Street Improvement Act of 1911, the city is authorized to assess each owner for the work
completed. These improvements are assessed on the basis of:
Front footage
The real estate tax fiscal year is for the period:
July 1 to July 1
The landmark case of the United States Supreme Court which prohibited discrimination in housing was:
Jones vs. Mayer
Most real estate syndicates that have been created in California have taken the form of a:
Limited partnership
QUESTIONS AND ANSWERS- 2024-2025
Anything that is fastened or attached to real property permanently is considered to be:
Real Property
A quitclaim deed releases all present claims, rights and title of the:
Grantor
AD
When a creditor wants to satisfy a judgement which was levied against another person, the creditor
would:
Obtain a writ of execution
Before a mechanics lien is effective it must be:
Verified and recorded
Discrimination by a real estate licensee based on race is:
A violation of the regulations of the Real Estate Commissioner, against public policy, and unethical
Upon the signing of a real property sales contract:
An equitable title passes to purchaser
,All California Real Estate Laws are created by:
Acts of the legislature
The 36 sections in a township are numbered from 1 through 36. Section 1 is located in the:
Northeast corner
Which of the following would be a discriminatory act under the Commissioner's Regulations?
Posting a sign on the property indicating a preference for female renters, designing an ad for general
circulation appealing to persons of a specific religion to purchase within a given area, and refusing to list
a property in an area occupied by persons of a race other than the licensee.
The type of interest usually charged on home loans is:
Simple
A landowner is notified by a railroad company that it plans to cross his property with a railroad line. If
the landowner refuses, the railroad company can proceed by the use of:
Eminent domain
Title to real property that is transferred by a will is considered:
A devise
AD
, A real estate broker received 40 acres of land valued at $300 per acre as a commission from the seller.
Two weeks after escrow closed, the broker was offered $400 per acre for the land. If the broker accepts
the offer he:
Will be acting in an acceptable manner
The words "procuring cause" would have an important meaning to which of the following?
A disputed over commission on an open listing
Which of the following is not an essential element of a contract?
Performance
Under the Street Improvement Act of 1911, the city is authorized to assess each owner for the work
completed. These improvements are assessed on the basis of:
Front footage
The real estate tax fiscal year is for the period:
July 1 to July 1
The landmark case of the United States Supreme Court which prohibited discrimination in housing was:
Jones vs. Mayer
Most real estate syndicates that have been created in California have taken the form of a:
Limited partnership
