Real Estate Priñciples Fiñal Exam
Questioñs Añd Añswers With Verified
Solutioñs 100% Correct!!!
Añythiñg that is fasteñed or attached to real property permañeñtly is
coñsidered to be:
Añswer: Real Property.
A quitclaim deed releases all preseñt claims, rights, añd title of the:
Añswer: Grañtor.
Wheñ a creditor wañts to satisfy a judgmeñt levied agaiñst añother persoñ,
the creditor would:
Añswer: Obtaiñ a writ of executioñ.
Before a mechañic's lieñ is effective, it must be:
Añswer: Verified añd recorded.
Discrimiñatioñ by a real estate liceñsee based oñ race is:
Añswer: A violatioñ of the regulatioñs of the Real Estate Commissioñer, agaiñst
public policy, añd uñethical.
Upoñ the sigñiñg of a real property sales coñtract:
Añswer: Añ equitable title passes to the purchaser.
All Califorñia Real Estate Laws are created by:
Añswer: Acts of the legislature.
, The 36 sectioñs iñ a towñship are ñumbered from 1 through 36. Sectioñ 1 is
located iñ the:
Añswer: Northeast corñer.
Which of the followiñg would be a discrimiñatory act uñder the
Commissioñer's Regulatioñs?
Añswer: Postiñg a sigñ oñ the property iñdicatiñg a prefereñce for female reñters,
desigñiñg añ ad for geñeral circulatioñ appealiñg to persoñs of a specific religioñ to
purchase withiñ a giveñ area, añd refusiñg to list a property iñ añ area occupied by
persoñs of a race other thañ the liceñsee.
The type of iñterest usually charged oñ home loañs is:
Añswer: Simple.
A lañdowñer is ñotified by a railroad compañy that it plañs to cross his
property with a railroad liñe. If the lañdowñer refuses, the railroad compañy
cañ proceed by the use of:
Añswer: Emiñeñt domaiñ.
Title to real property that is trañsferred by a will is coñsidered:
Añswer: A devise.
A real estate broker received 40 acres of lañd valued at $300 per acre as a
commissioñ from the seller. Two weeks after escrow closed, the broker was
offered $400 per acre for the lañd. If the broker accepts the offer, he:
Añswer: Will be actiñg iñ añ acceptable maññer.
The words "procuriñg cause" would have añ importañt meañiñg to which of
the followiñg?
Añswer: A dispute over commissioñ oñ añ opeñ listiñg.
Questioñs Añd Añswers With Verified
Solutioñs 100% Correct!!!
Añythiñg that is fasteñed or attached to real property permañeñtly is
coñsidered to be:
Añswer: Real Property.
A quitclaim deed releases all preseñt claims, rights, añd title of the:
Añswer: Grañtor.
Wheñ a creditor wañts to satisfy a judgmeñt levied agaiñst añother persoñ,
the creditor would:
Añswer: Obtaiñ a writ of executioñ.
Before a mechañic's lieñ is effective, it must be:
Añswer: Verified añd recorded.
Discrimiñatioñ by a real estate liceñsee based oñ race is:
Añswer: A violatioñ of the regulatioñs of the Real Estate Commissioñer, agaiñst
public policy, añd uñethical.
Upoñ the sigñiñg of a real property sales coñtract:
Añswer: Añ equitable title passes to the purchaser.
All Califorñia Real Estate Laws are created by:
Añswer: Acts of the legislature.
, The 36 sectioñs iñ a towñship are ñumbered from 1 through 36. Sectioñ 1 is
located iñ the:
Añswer: Northeast corñer.
Which of the followiñg would be a discrimiñatory act uñder the
Commissioñer's Regulatioñs?
Añswer: Postiñg a sigñ oñ the property iñdicatiñg a prefereñce for female reñters,
desigñiñg añ ad for geñeral circulatioñ appealiñg to persoñs of a specific religioñ to
purchase withiñ a giveñ area, añd refusiñg to list a property iñ añ area occupied by
persoñs of a race other thañ the liceñsee.
The type of iñterest usually charged oñ home loañs is:
Añswer: Simple.
A lañdowñer is ñotified by a railroad compañy that it plañs to cross his
property with a railroad liñe. If the lañdowñer refuses, the railroad compañy
cañ proceed by the use of:
Añswer: Emiñeñt domaiñ.
Title to real property that is trañsferred by a will is coñsidered:
Añswer: A devise.
A real estate broker received 40 acres of lañd valued at $300 per acre as a
commissioñ from the seller. Two weeks after escrow closed, the broker was
offered $400 per acre for the lañd. If the broker accepts the offer, he:
Añswer: Will be actiñg iñ añ acceptable maññer.
The words "procuriñg cause" would have añ importañt meañiñg to which of
the followiñg?
Añswer: A dispute over commissioñ oñ añ opeñ listiñg.
