Real Estate Salesperson California State EXAM
TEST QUESTIONS & ANSWERS (A+ GRADED
100% VERIFIED) 2025 LATEST!!
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Terms in this set (150)
Which of the following is Market Analysis
most vital or important in
planning a subdivision:
When rent is computed Percentage Lease
on the gross sales of a
business occupying real
property, the lease is
correctly termed:
What is not an adequate Executive Sale
method of transferring
property?
What is considered Existing Mortgage
personal property?
$80,000
If an income property is
$100,000 Value of Property
valued at $100,000 based
x 0.08 Capitalization Rate
on an 8% capitalization
=$8,000 Net Income
rate, what would be the
value of the property if a
$8,000 Net Income
10% return is required:
÷ 0.10 of Return
=$80,000 Value of Property
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,5/27/25, 3:12 PM Real Estate Salesperson California State EXAM TEST QUESTIONS & ANSWERS (A+ GRADED 100% VERIFIED) 2025 LAT…
The value of the best Regression
property in the
neighborhood will be
adversely affected by the
presence of
comparatively
substandard property is a
statement relating to
value and is know as the
Principle of:
Which of the following Mutual consent of the parties
actions or events would
result in the termination
of a sales escrow:
The measure of goods Gross National Product
and services produced
by the nation during any
one calendar year is the
definition of which of the
following:
An easement on real A release signed by the holder of the dominant
property can be tenement
terminated by:
An appraiser's narrative The type of financing available
appraisal report of a
single-family residence
probably would contain
no reference to:
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, 5/27/25, 3:12 PM Real Estate Salesperson California State EXAM TEST QUESTIONS & ANSWERS (A+ GRADED 100% VERIFIED) 2025 LAT…
When identical or highly Substitution
similar properties are
offered for sale, the
property offered at the
lower price attracts the
greatest demand. That
statement is an
illustration of which of
the following principles
of appraising:
When the public records An abstract of title
have been examined in
order to determine the
chain of title to a parcel
of real property, a written
summary of that chain of
title is known as:
The remedy of unlawful Lessors
detainer action is used by
offended:
Freehold estates would A life estate
include which of the
following:
If a lender accepts a Will assume any junior liens
deed in lieu of
foreclosure from a
trustor, the lender:
Which of the following It's secured by real estate and given to a third party
would usually be true to obtain a cash loan
concerning a hard money
second trust deed:
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