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DRE salesperson exam| COMPLETE QUESTIONS AND ANSWERS LATEST UPDATED | GET IT CORRECT !!!

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DRE salesperson exam| COMPLETE QUESTIONS AND ANSWERS LATEST UPDATED | GET IT CORRECT !!!

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DRE salesperson
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Uploaded on
March 28, 2025
Number of pages
61
Written in
2024/2025
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Exam (elaborations)
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DRE salesperson exam| COMPLETE QUESTIONS AND ANSWERS 2024-

2025 LATEST UPDATED | GET IT CORRECT !!!

How many baseline and meridian systems in CA? - (answers)3




A resident of Nebraska who owns property in CA dies while in Vermont. The

probate procedures for this property are in? - (answers)CA




In the order in which they are to occur, the three steps of agency discosure are? -

(answers)disclose, elect, confirm
你是想要一篇“眼睛容易阅读
的”中文文章

The value of a residential property is best measured by which of the following

groups of characteristics? - (answers)Demand, utility, scarcity, and transferability




Collateralized loan - (answers)A loan secured by another loan, rather than a

property




Excess Land - (answers)Used for practical purposes such as storage

,Frank leased a property to Chester. Chester gave Mark an easement over the

property. At the end of the lease term: - (answers)the easement may not extend

beyond the term of Chester's lease




In a newspaper advertisment, Annual percentage rate (APR) - (answers)May stand

alone as financial info without providing any additional financial info




When a lease is for a period greater than one year, the contract does not require the
你是想要一篇“眼睛容易阅读
signature of - (answers)Does not requiree the signature of the owner, only the
的”中文文章
tenant




A landlord is required to provide a copy of the written lease to the tenant within: -

(answers)15 calendar days




In an escrow statement, "recurring costs" refers to - (answers)Impound account

items

,A subdivider needs to give a copy of the real estate commisionners public report

to: - (answers)Anyone upon request




Quiet title: - (answers)A court action to clear clouds on the title of a property.




FHAs and mortgage - (answers)The FHA insures mortgages but DOES NOT fund

them




The existance of a military establishment that contains explosives needs to be
你是想要一篇“眼睛容易阅读
disclosed if it is located within how miles of the property? - (answers)1 mile
的”中文文章




Option adjustable rate mortgatge (ARM) - (answers)has negative amortization,

meaning that the monthly payments are less than the interest accruing




Executor/Executrix - (answers)as a testator or person making a will, you are

allowed to designate an executor or executrix as the representative to carry out

your will when you die.

, If the Real Estate Commissioner feels the need to retract approval of a

subdivision... - (answers)they issue a desist and refrain order




Appraising a multi-million dollar home requires: - (answers)A certified residential

license and a certified general license




The calendar date that is of most concern to an appraiser is the date: -

(answers)The date That the purchase contract was signed
你是想要一篇“眼睛容易阅读
的”中文文章

How long does an easement last when no termination or date length is stated? -

(answers)Perpeuity




Civil rights act of 1968 - (answers)Outlawed sexual discrimination in house sales

and rentals

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