CA Real Estate Principles Final Exam/
Questions & Certified Solutions.
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
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, When a creditor wants to satisfy a judgement which was levied against another
person, the creditor would: - Answer: Obtain a writ of execution
Before a mechanics 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 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
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