Tag: california-real-estate
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California Real Estate Salesperson Exam Guide: Essential Concepts and Glossary
nnnnnnn• Absolute and Unqualified (Acceptance): An acceptance of an offer that agrees to all terms without any changes or conditions.nnnn•&…
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California Real Estate Salesperson Exam Practice – Quesiton 11
nnnnnnnQuestionnnnnOne of the chief advantages of the market data approach in the appraisal of real property is that:nnnnSelectionsnnnn• A. I…
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California Real Estate Salesperson Exam Practice – Question 10
nnnnnnnQuestionnnnnIn comparing the cost of reproduction of two buildings of the same square footage, a two-story house usually:nnnnSelectionsn…
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California Real Estate Salesperson Exam Practice – Quesiton 9
nnnnnnnQuestionnnnnWhen appraising a single-family residence, which factor is least important to the value?nnnnSelectionsnnnn• A. Locationn…
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California Real Estate Salesperson Exam Practice – Quesiton 8
nnnnnnnQuestionnnnnLand which is subject to an easement is said to bennnnSelectionsnnnn• A. Appurtenant theretonnnn• B. Encroached uponn…
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California Real Estate Salesperson Exam Practice – Quesiton 7
nnnnnnnQuestionnnnnPrivate restrictions on use can includennnnSelectionsnnnnA. Deed restrictionsnnnnB. Easements and rights of waynnn…
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California Real Estate Salesperson Exam Practice – Quesiton 6
nnnnnQuestionnnnnUnder the law of Agency, a fiduciary relationship is created between the broker and the seller upon execution of the listing agreement…
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California Real Estate Salesperson Exam Practice – Quesiton 5
nnnnnnnQuestionnnnnA lease of real property for a fixed period of time at a set rate of rent creates:nnnnSelectionsnnnnA. A lien on the prope…
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California Real Estate Salesperson Exam Practice – Quesiton 4
nnnnnnnQuestionnnnnAll of the following are personal property except:nnnnSelectionsnnnnA. Trade fixturesnnnnB. EasementsnnnnC. Mortga…
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California Real Estate Salesperson Exam Practice – Quesiton 3
nnnnnnnQuestionnnnnA valid deed vests title in the grantee when the deed is:nnnnSelectionsnnnnA. SignednnnnB. AcknowledgednnnnC. Nota…