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Real Estate Principles Final Exam Questions With Accurate Solutions A+ Grade

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Real Estate Principles Final Exam Questions With Accurate Solutions A+ Grade Real Estate Principles Final Exam Questions With Accurate Solutions A+ Grade

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Real Estate Principles
Vak
Real Estate Principles

Voorbeeld van de inhoud

Real Estate Principles Final Exam Questions
With Accurate Solutions 2025\2026 A+ Grade
Anything that is fastened or attached to real property permanently is
considered to be:
- accurate answer-Real Property

A quitclaim deed releases all present claims, rights and title of the:
- accurate answer-Grantor

When a creditor wants to satisfy a judgement which was levied against
another person, the creditor would:
- accurate answer-Obtain a writ of execution

Before a mechanics lien is effective it must be:
- accurate answer-Verified and recorded

Discrimination by a real estate licensee based on race is:
- accurate 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:
- accurate answer-An equitable title passes to purchaser

All California Real Estate Laws are created by:
- accurate answer-Acts of the legislature

The 36 sections in a township are numbered from 1 through 36. Section 1 is
located in the:
- accurate answer-Northeast corner

Which of the following would be a discriminatory act under the
Commissioner's Regulations?
- accurate 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:
- accurate 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:
- accurate answer-Eminent domain

Title to real property that is transferred by a will is considered:
- accurate 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:
- accurate answer-Will be acting in an acceptable manner

The words "procuring cause" would have an important meaning to which of
the following?
- accurate answer-A disputed over commission on an open listing

Which of the following is not an essential element of a contract?
- accurate answer-Performance

Under the Street Improvement Act of 1911, the city is authorized to assess
each owner for the work completed. These improvements are assessed on the
basis of:
- accurate answer-Front footage

The real estate tax fiscal year is for the period:
- accurate answer-July 1 to July 1

The landmark case of the United States Supreme Court which prohibited
discrimination in housing was:
- accurate answer-Jones vs. Mayer

Most real estate syndicates that have been created in California have taken the
form of a:
- accurate answer-Limited partnership

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