Real Estate Principles Final Exam
Questions And Answers With Verified
Solutions 100% Correct!!!
Anything that is fastened or attached to real property permanently is
considered to be:
Answer: Real Property.
A quitclaim deed releases all present claims, rights, and title of the:
Answer: Grantor.
When a creditor wants to satisfy a judgment levied against another person,
the creditor would:
Answer: Obtain a writ of execution.
Before a mechanic's lien is effective, it must be:
Answer: Verified and recorded.
Discrimination by a real estate licensee based on race is:
Answer: A violation of the regulations of the Real Estate Commissioner, against
public policy, and unethical.
Upon the signing of a real property sales contract:
Answer: An equitable title passes to the purchaser.
All California Real Estate Laws are created by:
Answer: Acts of the legislature.
, The 36 sections in a township are numbered from 1 through 36. Section 1 is
located in the:
Answer: Northeast corner.
Which of the following would be a discriminatory act under the
Commissioner's Regulations?
Answer: Posting a sign on the property indicating a preference for female renters,
designing an ad for general circulation appealing to persons of a specific religion to
purchase within a given area, and refusing to list a property in an area occupied by
persons of a race other than the licensee.
The type of interest usually charged on home loans is:
Answer: Simple.
A landowner is notified by a railroad company that it plans to cross his
property with a railroad line. If the landowner refuses, the railroad company
can proceed by the use of:
Answer: Eminent domain.
Title to real property that is transferred by a will is considered:
Answer: A devise.
A real estate broker received 40 acres of land valued at $300 per acre as a
commission from the seller. Two weeks after escrow closed, the broker was
offered $400 per acre for the land. If the broker accepts the offer, he:
Answer: Will be acting in an acceptable manner.
The words "procuring cause" would have an important meaning to which of
the following?
Answer: A dispute over commission on an open listing.
Questions And Answers With Verified
Solutions 100% Correct!!!
Anything that is fastened or attached to real property permanently is
considered to be:
Answer: Real Property.
A quitclaim deed releases all present claims, rights, and title of the:
Answer: Grantor.
When a creditor wants to satisfy a judgment levied against another person,
the creditor would:
Answer: Obtain a writ of execution.
Before a mechanic's lien is effective, it must be:
Answer: Verified and recorded.
Discrimination by a real estate licensee based on race is:
Answer: A violation of the regulations of the Real Estate Commissioner, against
public policy, and unethical.
Upon the signing of a real property sales contract:
Answer: An equitable title passes to the purchaser.
All California Real Estate Laws are created by:
Answer: Acts of the legislature.
, The 36 sections in a township are numbered from 1 through 36. Section 1 is
located in the:
Answer: Northeast corner.
Which of the following would be a discriminatory act under the
Commissioner's Regulations?
Answer: Posting a sign on the property indicating a preference for female renters,
designing an ad for general circulation appealing to persons of a specific religion to
purchase within a given area, and refusing to list a property in an area occupied by
persons of a race other than the licensee.
The type of interest usually charged on home loans is:
Answer: Simple.
A landowner is notified by a railroad company that it plans to cross his
property with a railroad line. If the landowner refuses, the railroad company
can proceed by the use of:
Answer: Eminent domain.
Title to real property that is transferred by a will is considered:
Answer: A devise.
A real estate broker received 40 acres of land valued at $300 per acre as a
commission from the seller. Two weeks after escrow closed, the broker was
offered $400 per acre for the land. If the broker accepts the offer, he:
Answer: Will be acting in an acceptable manner.
The words "procuring cause" would have an important meaning to which of
the following?
Answer: A dispute over commission on an open listing.
