CA Real Estate Exam Practice Test
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A real estate agent is designed to give some help to someone who is looking to buy a house in a specific location. Have a passion for selling houses? With that CA real estate practice exam around the corner, the practice test below is designed to help you see how ready you are for the California real estate salesperson. Give it a shot!
- 1.As used in real estate practices, the land of a riparian owner borders on:
- A.
A river;
- B.
A stream;
- C.
A watercourse;
- D.
Any of the above.
- 2.When the government has granted permission to a non-riparian owner of a ranch to use a nearby lake, the owner has received this right by:
- A.
Eminent domain
- B.
Prescription
- C.
Appropriation
- D.
Percolation
- 3.A lender paid a 3% commission to an agent in a real estate transaction. This must be revealed to:
- A.
The buyer only
- B.
The seller only
- C.
Both the buyer and seller
- D.
Neither the buyer nor the seller
- 4.Title to personal property is transferred with a bill of sale. A valid bill of sale must:
- A.
Be dated
- B.
Contain an acknowledgment
- C.
Have the seller's signature
- D.
Be verified and recorded
- 5.Legally and technically, a 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
- 6.All property is either real property or personal property. Which of the following would normally be considered real property?
- A.
Natural growing vegetation
- B.
Trade fixtures
- C.
Lumber in a lumber yard
- D.
Crops which have been sold prior to harvest
- 7.
- A.
The buyer would have the right to harvest the corn because he always intended to do so
- B.
The buyer would get to harvest the corn because it goes with the land and is considered real property
- C.
The buyer would get to harvest the corn because of his equity in the corn
- D.
The seller would get to harvest the corn because the corn is his personal property and was not mentioned in the sales agreement
- 8.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
- 9.Which of the following is an example of a freehold estate?
- A.
The interested created by a trust deed
- B.
An estate at will
- C.
A life estate
- D.
A leasehold estate
- 10.Which of the following appraisal reports would be (is) the most comprehensive and complete?
- A.
Narrative report
- B.
Abbreviated report
- C.
Letter form report
- D.
Short form report
- 11.When a judgment has been recorded, it provides:
- A.
Voidable notice
- B.
Constructive notice
- C.
Actual notice
- D.
Contingent notice
- 12.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
- 13.Gross leases are most often used with:
- A.
Residential property
- B.
Retail space
- C.
Office space
- D.
Shopping malls
- 14.A home sold for $90,750. The buyer assumed an existing $30,000 trust deed and paid cash for the balance of the purchase price. If the documentary transfer tax rate is $.55 per $500 of consideration, what was the documentary transfer tax?
- A.
$33.00
- B.
$66.83
- C.
$67.10
- D.
$100.10
- 15.When a tenant voluntarily moves out of his apartment with the intention to never return, it would be described as:
- A.
Abandonment
- B.
Notice to quit
- C.
Eviction
- D.
Adverse possession
- 16.Broker Jones represented a young man in the sale of his home. Broker Jones did not consider the age of the young man when he listed and sold the home. After the grant deed had been signed and delivered into escrow, the title company discovered the young man who signed the deed was not yet 18 years old and was not emancipated. The grant deed would be:
- A.
Illegal
- B.
Void
- C.
Binding
- D.
Valid
- 17.
- A.
Mortgagor
- B.
Mortgagee
- C.
Lender
- D.
Beneficiary
- 18.A contractor obtains a construction loan, and the loan funds are to be released in a series of progress payments. Most lenders disburse the last payment when the:
- A.
The building is completed
- B.
Notice of completion is filed
- C.
Buyer approves the construction
- D.
Period to file a mechanic's lien has expired
- 19.Each of the following elements must be established to obtain an easement by prescription, except:
- A.
Use of the property which is hostile and adverse to the true owner
- B.
The existence of a claim of right or color of title
- C.
Open and notorious use which is continuous and uninterrupted for a period of five years
- D.
A confrontation with the true owner
- 20.The ultimate test of functional utility is:
- A.
Maintenance costs
- B.
Design
- C.
Utility costs
- D.
Marketability
- 21.
- A.
Private land use controls
- B.
Written agreement
- C.
A developer's general plan restrictions a subdivision
- D.
All of the above
- 22.The owner of land owns riparian rights to water on, under, or adjacent to the land in which of the following?
- A.
Oceans and bays
- B.
Rivers or streams
- C.
Underground caves with water
- D.
All of the above
- 23.Government land use, planning, and zoning laws are important examples of:
- A.
The exercise of eminent domain
- B.
Use of police power
- C.
Deed restrictions
- D.
Escheatment
- 24.Generally, when the government forces the sale of private land for public use it is governed by the due process of law and is accomplished through:
- A.
The exercise of the police power
- B.
Eminent domain
- C.
Estate in reversion
- D.
Escheat
- 25.Linda applied for a real estate loan. The loan application requested her to disclose her race and marital status. What can she do?
- A.
Refuse to fill out that portion of the loan application
- B.
Sue the lender and the real estate broker
- C.
Nothing
- D.
Completely fill out the loan application if she wants to get the loan
Questions: 25 | Attempts: 4379 | Last updated: Jan 7, 2021
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Sample QuestionThree of the following real estate terms are closely associated. Which term does not belong to the group?
Questions: 50 | Attempts: 2128 | Last updated: Mar 3, 2021
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Sample QuestionA real estate broker is reviewing a profit and loss statement for an apartment house, which lists expenses under the headings shown below. Under which heading would she most likely find taxes and fire insurance?
Questions: 10 | Attempts: 6456 | Last updated: Apr 6, 2021
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Sample QuestionIn real estate the definition of land includes ONLY what is on the surface of the earth and attached by nature such as trees.
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