Ca real estate Study guides, Class notes & Summaries

General Power of Attorney - ANSWER -No limits on powers to make decisions about donors financial and legal affairs -The one exception is decisions about the donors personal affairs such as consenting to health care or deciding where the donor should reside Special Power of Attorney - ANSWER -Has specific of limited powers in regards to the donor -Also referred to as a Limited Power of Attorney Immediate Power of Attorney - ANSWER -Makes financial and legal decisions on behalf of the ...

How many square feet in one acre? - There are 43,560 square feet in an acre Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? - $332,600 To solve this problem, set up an equation using P for the answer you seek: You know that the seller walked away with $306,000. If the agent was to take 8% of the selling price (P), then the seller received 92% of...

CA REAL ESTATE EXAM

CA REAL ESTATE STATE EXAM

A rectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purchased all three lots, what would be the front footage: A: 197; B: 189; C: 181; D: 176. - Answer-A: 197; When rent is computed on the gross sales of a business occupying real property, the l...

CA Real Estate License Mock Exam Rated A+ A contract created under duress is: voidable Of the following, which is most correct concerning the Statute of Frauds? It classifies most oral real estate contracts as unenforceable. When a seller sells his home "as is," which of the following is true? The seller must still give the buyer a real estate transfer disclosure statement. Which of the following would be the most favorable lease for an owner of an improved business property located in a ra...

CA Real Estate Salesperson Exam (2022/2023) Already Passed Land The physical property and any natural objects on it - like trees and bodies of water, often referred to as a "lot', "site", or "parcel". Real estate generally refers to land with permanent manmade improvements. Real property refers not only to the land and its improvements, but also the bundle of rights, powers, and privileges ("bundle of rights") that are legally connected to ownership of that land. Transferred by deed. ...

CA Real Estate Exam CH 1-15 questions and correct answers Mikela wants to research and study the requirements for the California Real Estate Examination Test. Where can she find the exam's purpose and requirements? - answer-California Business and Professions Code Section 10153 Marc needs to score 12 points higher on the California State Licensing exam this time to earn a passing score. What was his initial exam score? - answer-Marc's initial exam score was 58% based on the required...

Real Estate Principles Final Exam Colibri Questions and Answers 100% Pass Long Beach salesperson Eric Janey is providing sellers Julie and Zach Roberts with the necessary disclosures they must be given upon the sale of real property. Which of the following is NOT a disclosure that is given upon the sale of real property? - Answer- Mold Disclosure Required Lead-based Paint Disclosure Required Natural Hazards Disclosure Required Radon Detection Test Disclosure - NOT REQUIRED IN CA Escrow ...

CA Real Estate Exam Questions and Answers 2024