Do you want to be a real estate agent? Try this CA real estate exam practice test and check your knowledge regarding the same. Real estate agents aim to help people who are looking to buy a house at a specific place. With that CA Real Estate Exam around the corner, the practice test below is designed to help you see how ready you are for the California real estate salesperson. So, give it a shot, and let's see how much you can score. Wishing you the best of luck!
That which is capable of involuntary transfer
Things with buyers or sellers
Rights or interests which a person has in a thing owned
Only personal property
1952
1960
1960
1975
Residential property
Retail space
Office space
Shopping malls
Abandonment
Notice to quit
Eviction
Adverse possession
Illegal
Void
Binding
Valid
Mortgagor
Mortgagee
Lender
Beneficiary
Maintenance costs
Design
Utility costs
Marketability
Private land use controls
Written agreement
A developer's general plan restrictions a subdivision
All of the above
The exercise of eminent domain
Use of police power
Deed restrictions
Escheatment
The exercise of the police power
Eminent domain
Estate in reversion
Escheat
Refuse to fill out that portion of the loan application
Sue the lender and the real estate broker
Nothing
Completely fill out the loan application if she wants to get the loan
The age of the improvements as of a given date
The date the appraiser inspected the property
The market conditions influencing the value of the property as of a given point in time
The value of the seller's equity as of a given date
All capital gains for Joe are deferred
Joe has a new tax base for his future depreciation of the building
Joe's rent payments to the investor will be fully deductible for income tax purposes as a business expense
None of the above
Simply average out the value estimates
Reconcile or correlate the adjusted sales price of the comparables
Assign appropriate value to individual estimates and average the total number
Give an opinion of value
Actual damages
Attorney's fees, and court costs
Punitive damages
Any of the above
Square foot area of each home
Marketability and acceptability
Functional utility
The adjoining neighborhood
Asbestos
Lead based paint
Radon gas
All of the choice are correct
The date the contract was signed
The date the loan was funded
The date the transaction was recorded;
The date the escrow closed
Trustor and beneficiary
Mortgagor and mortgagee
Trustor and trustee
Trustee and beneficiary
Physical obsolescence
Functional obsolescence
Physical deterioration
Economic obsolescence
Give the owner absolute ownership of the water
Must be expressed in the trust deed
May be determined accurately from an examination of public records at the County Recorder's Office
Concern the use of moving water, such as a stream or brook within the watershed
The new owner can make the lessee pay-off the lease
The change in lessee's financial situation is none of the new owner's business
The new owner can increase the security deposit required from the tenant
The new owner can raise the rent
A listing on a 50 unit apartment building
A listing on a commercial building
A listing on a building used for manufacturing
A listing on one-to-four residential units
Applicable zoning laws
Highest and best use
Soil condition
Available amenities
A river;
A stream;
A watercourse;
Any of the above.