CA Real Estate Exam- Practice Q&As
(Latest Update 2024)
Two friends hold title as joint tenants. One borrowed money
and executed a deed of trust against the property. In terms of
affecting title this action could: - Correct Answer ✅ Place
the beneficiary in a precarious position should the borrower
die before the debt is paid.
Joint tenant estate held by two joint tenants is severed and
ended by the following: - Correct Answer ✅ A foreclosure
by one of the joint tenants. One of the joint tenants transfers
his interest to a third party. One of the joint tenants sell his
interest.
A man owns six seperate parcels of real property. He wants to
offer all of the parcels as security for a mortgage loan. The
mortgage that he will obtain will probably be? - Correct
Answer ✅ A blanket mortgage
All of the following acts of one joint tenant terminates a joint
tenancy except when the joint tenant: - Correct Answer ✅
Mortgages his or her share
,CA Real Estate Exam- Practice Q&As
(Latest Update 2024)
Avulsion - Correct Answer ✅ Is the sudden tearing away of
land by the the action of water
When appraising a home build in 1910 the appraiser must
use: - Correct Answer ✅ Today's cost and today's reproduct
ion cost
The appraiser gives an 30 year old home a rating of 6 years is
called: - Correct Answer ✅ Effective age
a home painted in 1972, even if the seller repainted
the property a lead based paint booklet is required,
if not, the ommission allows the buyer to: - Correct Answer
✅ cancel the transaction.
Not funtional obsolescense - - Correct Answer ✅ Proximity
of nuisances
Intestate means: - Correct Answer ✅ Someone that left no
will
, CA Real Estate Exam- Practice Q&As
(Latest Update 2024)
A principle may request an accounting from the real estate
agent of his funds : - Correct Answer ✅ At any time
The seller's responsibility is to transfer the property: -
Correct Answer ✅ Free and clear
When compare to real estate, stocks and bonds are: -
Correct Answer ✅ More liquid
Which of the following are liens? - Correct Answer ✅
Incometax
Judgements
Attachment
subagents: - Correct Answer ✅ They work for the seller
If a builder pays $35 an hour to a hostess, to perform an open
house, to answer questions: - Correct Answer ✅ a license
is required to answer questions
(Latest Update 2024)
Two friends hold title as joint tenants. One borrowed money
and executed a deed of trust against the property. In terms of
affecting title this action could: - Correct Answer ✅ Place
the beneficiary in a precarious position should the borrower
die before the debt is paid.
Joint tenant estate held by two joint tenants is severed and
ended by the following: - Correct Answer ✅ A foreclosure
by one of the joint tenants. One of the joint tenants transfers
his interest to a third party. One of the joint tenants sell his
interest.
A man owns six seperate parcels of real property. He wants to
offer all of the parcels as security for a mortgage loan. The
mortgage that he will obtain will probably be? - Correct
Answer ✅ A blanket mortgage
All of the following acts of one joint tenant terminates a joint
tenancy except when the joint tenant: - Correct Answer ✅
Mortgages his or her share
,CA Real Estate Exam- Practice Q&As
(Latest Update 2024)
Avulsion - Correct Answer ✅ Is the sudden tearing away of
land by the the action of water
When appraising a home build in 1910 the appraiser must
use: - Correct Answer ✅ Today's cost and today's reproduct
ion cost
The appraiser gives an 30 year old home a rating of 6 years is
called: - Correct Answer ✅ Effective age
a home painted in 1972, even if the seller repainted
the property a lead based paint booklet is required,
if not, the ommission allows the buyer to: - Correct Answer
✅ cancel the transaction.
Not funtional obsolescense - - Correct Answer ✅ Proximity
of nuisances
Intestate means: - Correct Answer ✅ Someone that left no
will
, CA Real Estate Exam- Practice Q&As
(Latest Update 2024)
A principle may request an accounting from the real estate
agent of his funds : - Correct Answer ✅ At any time
The seller's responsibility is to transfer the property: -
Correct Answer ✅ Free and clear
When compare to real estate, stocks and bonds are: -
Correct Answer ✅ More liquid
Which of the following are liens? - Correct Answer ✅
Incometax
Judgements
Attachment
subagents: - Correct Answer ✅ They work for the seller
If a builder pays $35 an hour to a hostess, to perform an open
house, to answer questions: - Correct Answer ✅ a license
is required to answer questions
