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CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL EXAM

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CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL EXAM

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CALIFORNIA LEGAL ASPECTS OF REAL ESTATE
Course
CALIFORNIA LEGAL ASPECTS OF REAL ESTATE

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CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL
EXAM
2024-2025
CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL EXAM
2024-2025 A
promissory note is:

a. evidence of the debt
b. evidence of a sale
c. a security interest in the property for the lender
d. the same as a mortgage or trust deed - ANSWER ->a.
evidence of the debt

In order to be considered an emancipated minor and
have the capacity to contract, a minor must:

a. be married, widowed, or divorced; have entered
military service on active duty; or have received a
declaration of emancipation from a court

b. just state that he is an emancipated minor

c. be employed

d. act mature enough to make his own decisions -
ANSWER ->a. be married, widowed, or divorced; have
CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL EXAM
2024-2025

, CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL
EXAM
2024-2025
entered military service on active duty; or have
received a declaration of emancipation from a court

An agency coupled with an interest will not be
terminated by death of the:

a. lender
b. principal
c. escrow holder
d. customer - ANSWER ->b. principal

A lease that provides renewal options on a tenancy for
years on agricultural land for more than 51 years would
be:

a. enforceable
b. a violation of the tenant's rights
c. unenforceable
d. a violation of the landlord's rights - ANSWER ->c.
unenforceable




CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL EXAM
2024-2025

, CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL
EXAM
2024-2025
After the three-day notice is served and the tenant still
does not cure the default, the landlord may:

a. have a friend remove the tenant and the tenant's
belongings from the property

b. go to the sheriff to get the tenant thrown out

c. initiate a peaceful eviction proceeding

d. initiate an unlawful detainer action - ANSWER ->d.
initiate an unlawful detainer action

Procuring cause is best defined as an agent who is
entitled to a commission because the agent was the one
who:

a. introduced the buyer to the property

b. met the buyer at an open house




CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL EXAM
2024-2025

, CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL
EXAM
2024-2025
c. initiated an uninterrupted series of events that led to
that state

d. wrote up the offer - ANSWER ->c. initiated an
uninterrupted series of events that led to that state

A homestead declaration does not protect an owner
from liens such as:

a. trust deeds
b. mechanic's liens
c. all of these
d. tax liens - ANSWER ->c. all of these

Under the Uniform Electronic Transactions Act, a person
can scan documents and send them by email as long as
the person can:

a. send the email with a notary present

b. verify that the document was not modified in a
program such as Photoshop

CALIFORNIA LEGAL ASPECTS OF REAL ESTATE FINAL EXAM
2024-2025

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CALIFORNIA LEGAL ASPECTS OF REAL ESTATE
Course
CALIFORNIA LEGAL ASPECTS OF REAL ESTATE

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