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California: Real Estate Principles Practice Exam 1 Questions and Answers 100% Pass

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California: Real Estate Principles Practice Exam 1 Questions and Answers 100% Pass 1 of 50 - Which form of payment is most common for a property manager? A. A percentage of income. B. A salary. C. A flat fee. D. All of the Above - Correct Answer ️️ -A. A percentage of income. 2 of 50 - Which of the following is exempt from the Natural Hazards Disclosure? A. A special flood area. B. A geological hazard. C. A wildland high fire severity area. D. A seismic hazard zone. - Correct Answ...

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California Real Estate Exam #2 Questions and Answers 100% Pass

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California Real Estate Exam #2 Questions and Answers 100% Pass The maximum commission a broker may charge for the sale of residential property is: (a) set forth in the Real Estate Law. (b) determined by the broker's contract with his principal. (c) six percent of the total sales price of a residence. (d) determined by local custom. - Correct Answer ️️ -B There is currently no law which controls what amount may be charged by the broker. Therefore, it is set by agreement between the p...

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California Real Estate - State Test Prep Questions and Answers 100% Passb

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California Real Estate - State Test Prep Questions and Answers 100% Pass If property is sold while in probate - Correct Answer ️️ -Commission is only controlled by law under two situations. One being the Real Property Loan Law and... Real Property Loan Law - Correct Answer ️️ -Commission is only controlled by law under two situations. One being If property is sold while in probate and... agent of the broker - Correct Answer ️️ -The Broker is the Agent of the seller. The salesp...

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Real Estate Principles Final Exam Questions and Answers 100% Pass

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Real Estate Principles Final Exam Questions and Answers 100% Pass Anything that is fastened or attached to real property permanently is considered to be: - Correct Answer ️️ -Real Property A quitclaim deed releases all present claims, rights and title of the: - Correct Answer ️️ -Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: - Correct Answer ️️ -Obtain a writ of execution Before a mechanics lien is effective ...

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California Real Estate Broker Exam - Real Estate Law Questions and Answers 100% Pass

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California Real Estate Broker Exam - Real Estate Law Questions and Answers 100% Pass Zoning laws are one example of - Correct Answer ️️ -police power The holder of a life estate based on the holder's own life may not - Correct Answer ️️ - devise (leave by will) the property to anyone. A bill of sale must have - Correct Answer ️️ -the signature of the seller. An appraiser determines the value of an income producing property as of a "given date" to indicate the market - Corre...

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Updated 2024 California Real Estate Exam Prep Questions and Answers 100% Pass

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Updated 2024 California Real Estate Exam Prep Questions and Answers 100% Pass What type of entry door is required between the garage and entrance to the house? - Correct Answer ️️ -Fire door; Self-closing. A buyer purchases a house for $300,000 and applies for a $250,000 loan. The buyer is asked to pay one discount point. How much money will the buyer have to pay? - Correct Answer ️️ -$2,500; a discount point is 1% of the loan amt An offer or counteroffer could be expressed in all...

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CA Real Estate Principles Exam Questions and Answers 100% Pass

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CA Real Estate Principles Exam Questions and Answers 100% Pass Acre - Correct Answer ️️ -Measures to 43,560 square feet, or 160 rods. Allodial Tenure - Correct Answer ️️ -Type of system where individuals own land Feudal Tenure - Correct Answer ️️ -Type of system where the government/monarchy owns land Treaty of Guadalupe Hidalgo (1848) - Correct Answer ️️ -Signed by Mexico giving California to the USA. 1850 - Correct Answer ️️ -California was admitted to the Union Me...

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