CALIFORNIA REAL ESTATE ACTUAL EXAM QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GRADED A+

CALIFORNIA REAL ESTATE ACTUAL EXAM
QUESTIONS AND 100% CORRECT


In reference to Property Taxes, "basis" or "cost" is -
B B B B B B B B B



B ANSWER Purchase price of prop plus cost of improvements.
B B B B B B B




How is a condominium unit owned? - ANSWER
B B B B B B B Separate interest B




How are common interests in a condo owned? - ANSWER
B B B B B B B B B Equally in undivided interest
B B B




Subdivided Land Laws refer to - B B B B B



BANSWER Subdivisions of 5+ parcels on 160 acres, regulated marketing & financing, and B B B B B B B B B B B B



requires disclosures in public report.
B B B B




How long is a disclosure in public report for Subdivided Land Laws good for? -
B B B B B B B B B B B B B B



B ANSWER 5 Years
B




When does a tax year run? - ANSWER
B B B B B B B July 1-June 30 B B




Legally combining smaller, adjacent parcels of land to form a larger parcel. -
B B B B B B B B B B B B



B ANSWER Plottage or assemblage B B




Separating large parcels into smaller lots - ANSWER
B B B B B B B Subdividing or separating B B




Amount or size of land being increased by natural forces such as deposits by wind or water. -
B B B B B B B B B B B B B B B B B



B ANSWER Accretion



Gradual uncovering of land previously covered by water such as when a stream changes cours
B B B B B B B B B B B B B B



e. - ANSWER
B B Reliction

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,The Statute of Limitations in the state of California allows how long to take action? -
B B B B B B B B B B B B B B B



B ANSWER 4 years
B




The process by which the court may seize real or personal property as security for a satisfactio
B B B B B B B B B B B B B B B B



n of monetary judgement. - ANSWER
B B B B B Attachment



When is a 20-day preliminary notice of a mechanics lien need to be issued? -
B B B B B B B B B B B B B B



BANSWER 20-
days after the claimant (contractor) has first furnished labor, services, equipment, or materials
B B B B B B B B B B B B



.



What is the purpose of issuing a preliminary notice of a mechanics lien to a claimant? -
B B B B B B B B B B B B B B B B



ANSWER
B To inform concerned parties that the property may be subject to liens arising
B B B B B B B B B B B B B



out of contract.B B




What is the brokers relationship to the customer? -
B B B B B B B B



B ANSWER The broker is the agent to the customer (customer employs the broker).
B B B B B B B B B B B




What is the agents (salesperson) relationship to the broker? -
B B B B B B B B B



ANSWER
B The salesperson is the agent to the broker (the broker gives the salesperson a B B B B B B B B B B B B B



uthority to act on his/her behalf). B B B B B




A Home Equity Line of Credit is - ANSWER
B B B B B B B B An Open Ended Mortgage
B B B




An Open Ended Mortgage is -
B B B B B



BANSWER A type of note that permits the borrower to obtain more money at a future da
B B B B B B B B B B B B B B B



te under the same deed of trust.
B B B B B B




Zoning is an example of - ANSWERB B B B B B Police power B




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Wicky

, Local jurisdictions have the authority to divide land into districts and impose land use regulati
B B B B B B B B B B B B B B



ons to promote health, safety, and welfare of the public--this is known as -
B B B B B B B B B B B B B



B ANSWER Zoning



When can restrictions placed on a deed be removed? - ANSWER
B B B B B B B B B B Never



What is the only restriction placed on a deed that is considered illegal? -
B B B B B B B B B B B B B



B ANSWER Race restrictions B




Is an option contract bilateral or unilateral? - ANSWER
B B B B B B B B Unilateral



What does an option contract NOT do? - ANSWER
B B B B B B B B Create a legal interest in a property
B B B B B B




If a buyer has defaulted on on an original land contract which had been recorded, this would r
B B B B B B B B B B B B B B B B B



esult in a defective title, requiring legal action to clear the title. This is called -
B B B B B B B B B B B B B B B



B ANSWER a Quiet Title Action.
B B B




A promise is also known as a - ANSWER
B B B B B B B B Covenant



A court action is mandatory to evict a delinquent tenant. This process is called -
B B B B B B B B B B B B B B



B ANSWER Unlawful Detainer B




A verbal contract is considered - ANSWER
B B B B B B Valid



California Statute of Frauds require a real estate agreement to be - ANSWER
B B B B B B B B B B B B In writing
B




What kind of listing agreement offers a listing broker to receive a commission regardless of wh
B B B B B B B B B B B B B B B



o is the "procuring" cause? Is also considered the greatest protection for the agent. -
B B B B B B B B B B B B B B



B ANSWER Exclusive right to sell B B B




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