CA Real Estate Comprehensive Practice Exam Questions and Answers 2024

CA Real Estate Comprehensive Practice Exam Questions and Answers 2024 Which fair housing case tested discrimination in a private sale? - Answer-Jones vs. Mayer When a licensee has broad responsibility to handle all details of a specific transaction, what type of real estate agency relationship usually exists? - Answer-General Which of the following is the best example of a tie-in arrangement? - Answer-A business requires its clients to also purchase services from another business. Zack enters into a contract to buy Olivia's home. Per the terms of the contract, Zack must put down a $10,000 earnest money deposit and have the property inspected within five days. In reality, he puts down a $12,000 deposit and has the property inspected within two days. Of what is this an example? - Answer-Performance of the contract You've been practicing real estate for a while and decide to purchase a property as an investment along with a business partner (who's not a real estate broker). Since you're a licensee, which of these actions must you take? - Answer-You must disclose your licensed status, any conflicts of interest, and any relevant facts that might affect the seller's decision to accept your offer to the seller. A tax ____ is a legal claim to property as a means of satisfying a delinquent property tax debt. - Answer-Lien