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DRE CA License Exam Questions and Answers 2025/2026 A+ Graded 100% Verified

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DRE CA License Exam Questions and Answers 2025/2026 A+ Graded 100% Verified

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DRE CA License
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Institution
DRE CA License
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DRE CA License

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Uploaded on
May 27, 2025
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Written in
2024/2025
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DRE CA License EXam Questions and
Answers 2025/2026 A+ Graded 100%
Verified
The first component of real estate is land , which includes:
soil. rock. reasonable airspace above the earth
Land is inclusive of all listed answer choices.


How many square feet are in three acres of land ?
130,680
a acre of land contains 43,560 square Feet.




AD
the northeast 1/4 of a section contains:
160 acres.
there are 640 acre IN A SECTION. divide this by fore to find the area of a quarter section.


an individual may obtain title by all the following means except:

escheat :
an individual may not
obtain title by escheat. only the state government may acquire title through escheat


Land zoned for use as the site for multi-family residential developments (such as apartment
buildings) would be denoted as:
R-3


Multi-family residential would be R-3 or R-4. A-4 designates agricultural zoning.


Which of the following would be treated as a credit on the seller's closing statement?

,Prepaid insurance.


Prepaid insurance is a credit on the seller's closing statement because it's a cost they must be
reimbursed for, while the others must be reimbursed to the buyer.


Concerning the first installment of real property taxes in California, the due date and delinquent
date are respectively:
November 1 and December 10;


Tax Calendar: With respect to Real Property Taxes: The First Installment is due November 1st,
and is delinquent December 10th. The Second Installment is due February 1st, and is
delinquent April 10th. (No Darn Fooling Around)


Which of the following persons is authorized to manage property for the general public?
A licensed real estate broker


You'll need a real estate broker's license or you must work for an individual who has one to
operate as a California property manager. You must demonstrate specific training in the field
and pass a written examination administered by the state's Department of Real Estate to get a
broker's license. Being a realtor is not sufficient unless you are working under a licensed broker.


A lease where the tenant pays the property taxes, maintenance and other expenses is a:
Net Lease

A net lease is a property lease in which the tenant pays all expenses normally associated with
ownership, such as utilities, maintenance, repairs, insurance, and taxes.


When a lender makes a loan regulated by the Real Estate Settlement Procedures Act, the loan
applicant must be provided with which of the following:
A loan estimate


When a homebuyer applies for a home loan, the TILA/RESPA Integrated Disclosure rule
requires the lender to provide a Loan Estimate to the buyer within 3 days of receipt of the loan
application, and all revisions have to be delivered at least 7 days before closing. The loan
estimate details the loan terms, mortgage payments, costs at closing and other costs and fees
related to the loan, many of which cannot change.

, A note on which only the interest is paid during its term is called:
A straight note

In a Straight Note there are no principal payments made. The entire principal amount of the loan
is paid off at maturity or the end. [The interest is paid off either at the end or during note's term.]


In a usual listing agreement, the broker is authorized
find a purchaser and accept a deposit.

In a usual listing agreement, the broker is authorized to find a purchaser and accept a deposit.
Earnest money is a deposit made to a seller indicating the buyer's good faith in an arrangement.
Often used in real estate transactions, earnest money allows the buyer additional time when
seeking financing. Earnest money is typically held jointly by the seller and buyer in a trust or
escrow account.




AD
When the preliminary title report reveals the existence of an easement on the property, it
indicates that the easement is a(n):
encumbrance.

Anything that limits a person's use of a property is an encumbrance. Easements limit use in that
they generally prohibit any kind of permanent structure on the area in question. For example, if
a homeowner wanted to build a swimming pool in an area of his back yard and the local sewer
company had an easement for pipes running under that area, he would have to find another
location for his pool, even if it was not as desirable.


A normal size section in the Government Rectangular Survey System contains
1 square mile.


a rectangular system of land survey that divides a district into 24-square mile quadrangles from
the meridian (north-south line) and the baseline (east-west line); the tracts are divided into
6-mile-square parts called townships, which are in turn divided into 36 tracts, each 1 mile
square, called sections.


Which of the following costs would be classified as a recurring cost
Impound account items

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