CA Real Estate Exam- Practice/ 110 Q&A/ A+
Score Solution.
Two friends hold title as joint tenants. One borrowed money and executed a deed
of trust against the property. In terms of affecting title this action could: - Answer:
Place the beneficiary in a precarious position should the borrower die before the
debt is paid.
Joint tenant estate held by two joint tenants is severed and ended by the
following: - Answer: A foreclosure by one of the joint tenants. One of the joint
tenants transfers his interest to a third party. One of the joint tenants sell his
interest.
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, A man owns six separate parcels of real property. He wants to offer all of the
parcels as security for a mortgage loan. The mortgage that he will obtain will
probably be? - Answer: A blanket mortgage
All of the following acts of one joint tenant terminates a joint tenancy except
when the joint tenant: - Answer: Mortgages his or her share
Avulsion - Answer: Is the sudden tearing away of land by the the action of water
When appraising a home build in 1910 the appraiser must use: - Answer: Today's
cost and today's reproduct ion cost
The appraiser gives an 30 year old home a rating of 6 years is called: - Answer:
Effective age
a home painted in 1972, even if the seller repainted
the property a lead based paint booklet is required,
if not, the ommission allows the buyer to: - Answer: cancel the transaction.
Not funtional obsolescense - - Answer: Proximity of nuisances
Intestate means: - Answer: Someone that left no will
A principle may request an accounting from the real estate agent of his funds : -
Answer: At any time
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Score Solution.
Two friends hold title as joint tenants. One borrowed money and executed a deed
of trust against the property. In terms of affecting title this action could: - Answer:
Place the beneficiary in a precarious position should the borrower die before the
debt is paid.
Joint tenant estate held by two joint tenants is severed and ended by the
following: - Answer: A foreclosure by one of the joint tenants. One of the joint
tenants transfers his interest to a third party. One of the joint tenants sell his
interest.
Page 1 of 13
, A man owns six separate parcels of real property. He wants to offer all of the
parcels as security for a mortgage loan. The mortgage that he will obtain will
probably be? - Answer: A blanket mortgage
All of the following acts of one joint tenant terminates a joint tenancy except
when the joint tenant: - Answer: Mortgages his or her share
Avulsion - Answer: Is the sudden tearing away of land by the the action of water
When appraising a home build in 1910 the appraiser must use: - Answer: Today's
cost and today's reproduct ion cost
The appraiser gives an 30 year old home a rating of 6 years is called: - Answer:
Effective age
a home painted in 1972, even if the seller repainted
the property a lead based paint booklet is required,
if not, the ommission allows the buyer to: - Answer: cancel the transaction.
Not funtional obsolescense - - Answer: Proximity of nuisances
Intestate means: - Answer: Someone that left no will
A principle may request an accounting from the real estate agent of his funds : -
Answer: At any time
Page 2 of 13
