California Real Estate Exam|questions and
answers with rationales/graded A+/2026
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Terms in this set (208)
In reference to Property Taxes, Purchase price of prop plus cost of improvements.
"basis" or "cost" is
How is a condominium unit owned? Separate interest
How are common interests in a Equally in undivided interest
condo owned?
Subdivided Land Laws refer to Subdivisions of 5+ parcels on 160 acres, regulated
marketing & financing, and requires disclosures in
public report.
, How long is a disclosure in public 5 Years
report for Subdivided Land Laws
good for?
When does a tax year run? July 1-June 30
Legally combining smaller, adjacent Plottage or assemblage
parcels of land to form a larger
parcel.
Separating large parcels into smaller Subdividing or separating
lots
Amount or size of land being Accretion
increased by natural forces such as
deposits by wind or water.
Gradual uncovering of land Reliction
previously covered by water such as
when a stream changes course.
The Statute of Limitations in the state 4 years
of California allows how long to take
action?
The process by which the court may Attachment
seize real or personal property as
security for a satisfaction of
monetary judgement.
answers with rationales/graded A+/2026
update/100% correct /instant download
Save
Terms in this set (208)
In reference to Property Taxes, Purchase price of prop plus cost of improvements.
"basis" or "cost" is
How is a condominium unit owned? Separate interest
How are common interests in a Equally in undivided interest
condo owned?
Subdivided Land Laws refer to Subdivisions of 5+ parcels on 160 acres, regulated
marketing & financing, and requires disclosures in
public report.
, How long is a disclosure in public 5 Years
report for Subdivided Land Laws
good for?
When does a tax year run? July 1-June 30
Legally combining smaller, adjacent Plottage or assemblage
parcels of land to form a larger
parcel.
Separating large parcels into smaller Subdividing or separating
lots
Amount or size of land being Accretion
increased by natural forces such as
deposits by wind or water.
Gradual uncovering of land Reliction
previously covered by water such as
when a stream changes course.
The Statute of Limitations in the state 4 years
of California allows how long to take
action?
The process by which the court may Attachment
seize real or personal property as
security for a satisfaction of
monetary judgement.
