CA Real Estate Practice Exam Test Questions with
Accurate Answers-Graded A.
A seller is required to deliver the Homeowner's Guide to Earthquake Safety to the buyer of
any one-to-four unit residential properties built prior to:
A. 1952
B. 1960
C. 1960
D. 1975 - Correct Answer-C. 1960
A Homeowners Guide to Earthquake Safety must be given to the buyer of any real
property improved with a residential dwelling built prior to 1960 and consisting of one-to-
four units, any of which are of conventional light-frame construction.
When calculating the Consumer Price Index (CPI), housing expenses is one of the largest
denominators because
A. CPI is based upon all consumer purchases;
B. More people buy homes than buy businesses;
C. Housing impacts economy;
D. Housing is one of the largest expenses for consumers. - Correct Answer
-D.Housing is one of the largest expenses for consumers.
When calculating the Consumer Price Index (CPI), housing expenses is one of the largest
denominators because housing is one of the largest expenses for consumers.
Which of the following is an appraiser's primary concern in the appraisal of a residential
subdivision?
A. Square foot area of each home;
B. Marketability and acceptability;
C. Functional utility;
D. The adjoining neighborhood. - Correct Answer-B.
,Marketability and acceptability;
Marketability and acceptability are the primary concern when appraising residential
property.
When a judgment has been recorded, it provides:
A. Voidable notice;
B. Constructive notice;
C. Actual notice;
D. Contingent notice.
- Correct Answer-B.Constructive notice;
Recording a judgment gives constructive notice.
Legally and technically, property is defined as:
A. That which is capable of involuntary transfer;
B. Things with buyers or sellers;
C. Rights or interests which a person has in a thing owned;
D. Only personal property. - Correct Answer-C.
Rights or interests which a person has in a thing owned;
Property is defined as the rights or interests a person has in the thing owned.
A seller (or agent for the seller) must give the buyer a "Natural Hazard Disclosure
Statement" if the property is within which of the following areas?
A. Special Flood Hazard Area;
B. Very High Fire Hazard Severity Zone;
C. Earthquake Fault Zone;
D. All of the above. - Correct Answer-D. All of the above.
, A seller (or agent for the seller) must give the buyer a Natural Hazard Disclosure
Statement if the property is within a Special Flood Hazard Area, Area of Potential
Flooding, Very High Fire Hazard Severity Zone, Wildland Area, Earthquake Fault Zone or
Seismic Hazard Zone
Which of the following represents an example of police power?
A. A condemnation action on property for construction of a freeway;
B. CC&Rs placed in a deed by a developer;
C. Enforcement of contracts by equitable civil proceedings in court;
D. Zoning laws which restrict and limit the use of land. - Correct Answer-D.
Zoning laws which restrict and limit the use of land.
Zoning laws are one example of police power.
Which of the following laws exert the greatest control over the California housing and
construction industries?
A. Uniform Building Code, National Electrical Code, Uniform Plumbing Code;
B. State Housing Law, Local building codes and Contractors License Law;
C. Subdivision Map Act, local building codes, city's master plan;
D. Eminent domain, zoning ordinances, State Housing Law. - Correct Answer-B.
State Housing Law, Local building codes and Contractors License Law;
State Housing Law, local building codes and the Contractors License Law exert the
greatest control over the housing and construction industries in California.
Government land use, planning and zoning laws are important examples of:
A. Exercise of eminent domain;
B. Use of police power;
C. Deed restrictions;
D. Escheatment. - Correct Answer-B.
Accurate Answers-Graded A.
A seller is required to deliver the Homeowner's Guide to Earthquake Safety to the buyer of
any one-to-four unit residential properties built prior to:
A. 1952
B. 1960
C. 1960
D. 1975 - Correct Answer-C. 1960
A Homeowners Guide to Earthquake Safety must be given to the buyer of any real
property improved with a residential dwelling built prior to 1960 and consisting of one-to-
four units, any of which are of conventional light-frame construction.
When calculating the Consumer Price Index (CPI), housing expenses is one of the largest
denominators because
A. CPI is based upon all consumer purchases;
B. More people buy homes than buy businesses;
C. Housing impacts economy;
D. Housing is one of the largest expenses for consumers. - Correct Answer
-D.Housing is one of the largest expenses for consumers.
When calculating the Consumer Price Index (CPI), housing expenses is one of the largest
denominators because housing is one of the largest expenses for consumers.
Which of the following is an appraiser's primary concern in the appraisal of a residential
subdivision?
A. Square foot area of each home;
B. Marketability and acceptability;
C. Functional utility;
D. The adjoining neighborhood. - Correct Answer-B.
,Marketability and acceptability;
Marketability and acceptability are the primary concern when appraising residential
property.
When a judgment has been recorded, it provides:
A. Voidable notice;
B. Constructive notice;
C. Actual notice;
D. Contingent notice.
- Correct Answer-B.Constructive notice;
Recording a judgment gives constructive notice.
Legally and technically, property is defined as:
A. That which is capable of involuntary transfer;
B. Things with buyers or sellers;
C. Rights or interests which a person has in a thing owned;
D. Only personal property. - Correct Answer-C.
Rights or interests which a person has in a thing owned;
Property is defined as the rights or interests a person has in the thing owned.
A seller (or agent for the seller) must give the buyer a "Natural Hazard Disclosure
Statement" if the property is within which of the following areas?
A. Special Flood Hazard Area;
B. Very High Fire Hazard Severity Zone;
C. Earthquake Fault Zone;
D. All of the above. - Correct Answer-D. All of the above.
, A seller (or agent for the seller) must give the buyer a Natural Hazard Disclosure
Statement if the property is within a Special Flood Hazard Area, Area of Potential
Flooding, Very High Fire Hazard Severity Zone, Wildland Area, Earthquake Fault Zone or
Seismic Hazard Zone
Which of the following represents an example of police power?
A. A condemnation action on property for construction of a freeway;
B. CC&Rs placed in a deed by a developer;
C. Enforcement of contracts by equitable civil proceedings in court;
D. Zoning laws which restrict and limit the use of land. - Correct Answer-D.
Zoning laws which restrict and limit the use of land.
Zoning laws are one example of police power.
Which of the following laws exert the greatest control over the California housing and
construction industries?
A. Uniform Building Code, National Electrical Code, Uniform Plumbing Code;
B. State Housing Law, Local building codes and Contractors License Law;
C. Subdivision Map Act, local building codes, city's master plan;
D. Eminent domain, zoning ordinances, State Housing Law. - Correct Answer-B.
State Housing Law, Local building codes and Contractors License Law;
State Housing Law, local building codes and the Contractors License Law exert the
greatest control over the housing and construction industries in California.
Government land use, planning and zoning laws are important examples of:
A. Exercise of eminent domain;
B. Use of police power;
C. Deed restrictions;
D. Escheatment. - Correct Answer-B.
