Ca real estate Study guides, Class notes & Summaries

CA Real Estate Principles Test Aceable Agent Question and answer already passed 2023In what code is the Real Estate Law found? Business and Professions Code Who does the Real Estate Commissioner Report to? The governor A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the broker owns the remaining shares. Is the division ownership acceptable or unacceptable? Acceptable A salesperson is part owner of Rollo Realty Inc. In the broker's absence, the sa...

CA Real Estate Salesperson 2023 Exam- With 100% Verified Answers (Definition of terms)

CA REAL ESTATE PRACTICE EXAM #1

CHAPTER 3 Mortgage Loan Foundations: The Time Value of Money TRUE/FALSE 1. In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 2. One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 3. At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 4. The future value of $800 deposited ...

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An insurance policy which combines personal liability insurance and hazard insurance coverage for a dwelling and its contents is called: Homeowner's insurance Buyer's insurance Errors and omissions insurance All of the above - Answer-Homeowner's insurance Homeowner's insurance ensures comprehensive protection for homeowners. What is the status of a contract when all terms have been fulfilled and the transaction has been closed? Fully executed Terminated Voidable Unenforceab...

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 ...

CA REAL ESTATE EXAM 2023

CA Real Estate State Exam Crash Course Questions And Answers Solved 100% Correct!!