CA Real Estate Exam 2025 Practice
Questions & Answers Rated 100%
Correct
Homeowner's insurance
Homeowner's insurance ensures comprehensive protection for homeowners. - correct answer
✔✔An insurance policy which combines personal liability insurance and hazard insurance
coverage for a dwelling and its contents is called:
Homeowner's insurance
Buyer's insurance
Errors and omissions insurance
All of the above
Fully executed
This means that both parties have performed their obligations under the contract and there are
no further actions required. At this point, the contract has been completely executed and both
parties are typically released from any further obligations under the agreement. - correct
answer ✔✔What is the status of a contract when all terms have been fulfilled and the
transaction has been closed?
Fully executed
Terminated
Voidable
,Unenforceable
Severable rights
Surface rights, air rights, and subsurface rights can be sold separately and are called severable
rights. - correct answer ✔✔Surface rights, air rights, and subsurface rights are all rights that can
be sold by a property owner while still retaining the property itself. These rights are known as:
Severable rights
Littoral rights
Owner's rights
Riparian rights
Easement in appurtenant
Appurtenant means "runs with the land." - correct answer ✔✔When an easement allows the
use of a neighboring property which automatically transfers upon the sale of either dominant or
servient property, it is called what type of easement?
Easement by prescription
Easement appurtenant
Easement in gross
Easement of utility
Resort timeshare
Vacation timeshare resorts sell a fee simple form of ownership to a buyer for the private and
exclusive use of a unit for one week a year. There is title work, a closing, and the buyer is
,conveyed a deed. - correct answer ✔✔Linda purchased a fee simple interest for the private use
of a residential property for one week every single year. What did Linda purchase?
Shares in a cooperative building
A condominium
Common elements
Resort timeshare
Fee simple absolute
Fee simple absolute freehold estate is the highest level of property ownership giving the
ownership giving the owner the right of possession, control, exclusion, enjoyment, and
disposition. - correct answer ✔✔What is the highest form of land ownership which includes the
full and complete bundle of property rights?
Fee simple defeasible
Fee simple determinable
Fee simple condition subsequent
Fee simple absolute
Tenancy in common
Tenancy in common grants owners to have an equal, undivided interest in a property, but also
allows owners to have varying percentages of unequal ownership as well. - correct answer
✔✔What type of ownership would allow two or more owners to have various unequal
percentages of ownership?
Joint tenancy with rights of survivorship
, Joint tenancy
Tenancy in common
Tenancy in severalty
One property owner
Severing all other owners, when a single person is the sole owner of a property. - correct
answer ✔✔Tenancy in severalty is best described as:
Two property owners
One property owner
More than two property owners
Property owned by a corporation
Intestate
The four public land use controls in real estate are: police power, escheat, eminent domain, and
taxation. Intestate is a person who died without making a will. - correct answer ✔✔Which of
the following is not one of the four land use controls?
Police power
Intestate
Escheat
Eminent domain
To require a minimum level of construction standards
Questions & Answers Rated 100%
Correct
Homeowner's insurance
Homeowner's insurance ensures comprehensive protection for homeowners. - correct answer
✔✔An insurance policy which combines personal liability insurance and hazard insurance
coverage for a dwelling and its contents is called:
Homeowner's insurance
Buyer's insurance
Errors and omissions insurance
All of the above
Fully executed
This means that both parties have performed their obligations under the contract and there are
no further actions required. At this point, the contract has been completely executed and both
parties are typically released from any further obligations under the agreement. - correct
answer ✔✔What is the status of a contract when all terms have been fulfilled and the
transaction has been closed?
Fully executed
Terminated
Voidable
,Unenforceable
Severable rights
Surface rights, air rights, and subsurface rights can be sold separately and are called severable
rights. - correct answer ✔✔Surface rights, air rights, and subsurface rights are all rights that can
be sold by a property owner while still retaining the property itself. These rights are known as:
Severable rights
Littoral rights
Owner's rights
Riparian rights
Easement in appurtenant
Appurtenant means "runs with the land." - correct answer ✔✔When an easement allows the
use of a neighboring property which automatically transfers upon the sale of either dominant or
servient property, it is called what type of easement?
Easement by prescription
Easement appurtenant
Easement in gross
Easement of utility
Resort timeshare
Vacation timeshare resorts sell a fee simple form of ownership to a buyer for the private and
exclusive use of a unit for one week a year. There is title work, a closing, and the buyer is
,conveyed a deed. - correct answer ✔✔Linda purchased a fee simple interest for the private use
of a residential property for one week every single year. What did Linda purchase?
Shares in a cooperative building
A condominium
Common elements
Resort timeshare
Fee simple absolute
Fee simple absolute freehold estate is the highest level of property ownership giving the
ownership giving the owner the right of possession, control, exclusion, enjoyment, and
disposition. - correct answer ✔✔What is the highest form of land ownership which includes the
full and complete bundle of property rights?
Fee simple defeasible
Fee simple determinable
Fee simple condition subsequent
Fee simple absolute
Tenancy in common
Tenancy in common grants owners to have an equal, undivided interest in a property, but also
allows owners to have varying percentages of unequal ownership as well. - correct answer
✔✔What type of ownership would allow two or more owners to have various unequal
percentages of ownership?
Joint tenancy with rights of survivorship
, Joint tenancy
Tenancy in common
Tenancy in severalty
One property owner
Severing all other owners, when a single person is the sole owner of a property. - correct
answer ✔✔Tenancy in severalty is best described as:
Two property owners
One property owner
More than two property owners
Property owned by a corporation
Intestate
The four public land use controls in real estate are: police power, escheat, eminent domain, and
taxation. Intestate is a person who died without making a will. - correct answer ✔✔Which of
the following is not one of the four land use controls?
Police power
Intestate
Escheat
Eminent domain
To require a minimum level of construction standards
