Q&A
WITH RATIONALES TESTED AND APPROVED
NEWLY MODIFIED
In creating a joint tenancy, there are four unities. Which of the following is NOT one of the
four?
Unity of Time
Unity of Possession
Unity of Interest
Unity of Origination -- ANSWER--Unity of Origination
What type of contract consists of obligations arising from a mutual agreement and intent to
promise where the agreement and promise have not been expressed in words?
An unconscionable contract
An aleatory contract
An implied contract
A unilateral contract -- ANSWER--An implied contract
Who are the primary regulatory entities of the real estate business?
The real estate commission
Local governments
State governments
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,City governments -- ANSWER--State governments
The rectangular survey system divides a township into thirty six squares called blocks.
sections. parcels. lots. -- ANSWER--sections.
What describes plants or crops that are considered personal property since human
intervention is necessary for planting and harvesting?
Appurtenances
Conservation
Fodder
Emblements -- ANSWER--Emblements
What doctrine states that if a property owner is lax in protecting his or her rights, the property
owner may lose those rights?
The Doctrine of Reapportionment
The Doctrine of Laches
The Act of State Doctrine
The Cumulative Rights Doctrine -- ANSWER--The Doctrine of Laches
The collection of Roman law contributed the model for which type of law?
Civil law
Criminal law
Case law
Common law -- ANSWER--Civil law
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,What term, in the California Civil Code addressing mobile home residency, describes the
right of a homeowner to use the site within a mobile home park?
Leasehold
Specific use
Tenancy
Propriety -- ANSWER--Tenancy
Who serves as the chief executive of the Department of Real Estate in California?
The CEO of CalDRE
The California Real Estate Commissioner
The California Executive Branch
The Chief Executive Officer of California -- ANSWER--The California Real Estate
Commissioner
What type of lien is one placed against any and all real and personal property owned by a
particular debtor? A specific lien
A general lien
A senior lien
A junior lien -- ANSWER--A general lien
What describes when a borrower requests that the lender replace him or her on the loan
instrument with a new buyer who must go through a process of full substitution? Restoration
Novation
Successor
Renewal -- ANSWER--Novation
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, When working with any client, the broker's job is to protect the broker's interest. protect the
client's interest. get the best price. establish a good rapport. -- ANSWER--protect the client's
interest.
The discovery step of civil cases is where the parties use a mediator. the complaint is filed.
each party presents their case.
each party gathers information from each other and third parties. -- ANSWER--each party
gathers information from each other and third parties.
What phrase could a licensee use in advertising that would not discriminate on the basis of
familial status? Couples only
Empty nesters
No bicycles allowed
Senior discount -- ANSWER--Senior discount
Who is charged with the responsibility of making sure that owners do not use their property
in a way that will harm the public?
The Real Estate Commission
The HOA
The government
The zoning committee -- ANSWER--The HOA
What type of residential survey, also called a drive-by survey, is designed to show the
location of the house and other large structures on the property?
A house location survey
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