加州房地产经纪人考试真题库
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California Real Estate Salesperson Exam Practice - Question 1
Question sample question Selections A. B. C. D. Answer: D 5 Keys Summary • sample point 1...
California Real Estate Salesperson Exam Practice – Quesiton 2
Question A valid recorded homestead will not protect the homeowner against a foreclosure of: Selections A. A mortgage B. A trust ...
California Real Estate Salesperson Exam Practice – Quesiton 3
Question A valid deed vests title in the grantee when the deed is: Selections A. Signed B. Acknowledged C. Notarized D. ...
California Real Estate Salesperson Exam Practice – Quesiton 4
Question All of the following are personal property except: Selections A. Trade fixtures B. Easements C. Mortgages D. Tr...
California Real Estate Salesperson Exam Practice - Quesiton 5
Question A lease of real property for a fixed period of time at a set rate of rent creates: Selections A. A lien on the property B...
California Real Estate Salesperson Exam Practice - Quesiton 6
Question Under the law of Agency, a fiduciary relationship is created between the broker and the seller upon execution of the listing agreement. ...
California Real Estate Salesperson Exam Practice - Quesiton 7
Question Private restrictions on use can include Selections A. Deed restrictions B. Easements and rights of way C. Leases and...
California Real Estate Salesperson Exam Practice - Quesiton 8
Question Land which is subject to an easement is said to be Selections • A. Appurtenant thereto • B. Encroached upon • C. Enc...
California Real Estate Salesperson Exam Practice - Quesiton 9
Question When appraising a singlefamily residence, which factor is least important to the value? Selections • A. Location • B. Com...
California Real Estate Salesperson Exam Practice - Question 10
Question In comparing the cost of reproduction of two buildings of the same square footage, a twostory house usually: Selections • A. C...
California Real Estate Salesperson Exam Practice - Quesiton 11
Question One of the chief advantages of the market data approach in the appraisal of real property is that: Selections • A. It is the e...
California Real Estate Salesperson Exam Guide: Essential Concepts and Glossary
• Absolute and Unqualified (Acceptance): An acceptance of an offer that agrees to all terms without any changes or conditions. • Abstract of Judg...
California Real Estate Salesperson Exam Practice - Quesiton 12
Question If a loan ad is about negative amortizing, which of the following can be put on the advertisement? Selections • A. pay zero no...
California Real Estate Salesperson Exam Practice - Quesiton 13
Question A formal declaration before a notary public or other qualified official by a person who has executed an instrument, that such execution ...
California Real Estate Salesperson Exam Practice - Quesiton 14
Question The commission to be paid to a broker in a probate sale is set by the: Selections • A. Executor • B. Administrator •...
California Real Estate Salesperson Exam Practice - Quesiton 15
Question Which of the following is not considered in determining whether an item of property is a fixture? Selections • A. Method of at...
California Real Estate Salesperson Exam Practice - Quesiton 16
Question An appraiser in analyzing the data for his final estimate of value on a property would give least consideration to: Selections ...
California Real Estate Salesperson Exam Practice - Quesiton 17
Question Which of the following is generally demanded in every sale of real property in California? Selections A. A warranty deed ...
California Real Estate Salesperson Exam Practice - Quesiton 18
Question According to the provisions of both federal and state civil rights legislation, discrimination due to race, color, creed or national ori...
California Real Estate Salesperson Exam Practice - Quesiton 19
Question A cautious buyer paid $200 for a fourmonth option to purchase a property for $30,000. Under these circumstances, each of the following a...
California Real Estate Salesperson Exam Practice - Quesiton 20
Question Most real estate contracts are in writing on preprinted forms. Some of the terms of these contracts must be written in and other parts a...
California Real Estate Salesperson Exam Practice - Quesiton 21
Question Which of the following represents a gross misrepresentation by an agent? Selections A. The representation is an obvious falseh...
California Real Estate Salesperson Exam Practice - Quesiton 22
Question Broker finds a cooperating broker without noticing the principal, who does the cooperating broker owe fiduciary duties to? Selectio...
California Real Estate Salesperson Exam Practice - Quesiton 23
Question When a listing is signed by a seller and a broker, a fiduciary relationship is created between the broker and the: Selections ...
California Real Estate Salesperson Exam Practice - Quesiton 24
Question Which one is considered unlawful compensation? Selections A. Agent received compensation directly from seller B. Agent re...
California Real Estate Salesperson Exam Practice - Quesiton 25
Question An estate of inheritance or a perpetual estate would be: Selections A. An estate for years B. A fee simple estate C....
California Real Estate Salesperson Exam Practice - Quesiton 26
Question The lease contract is considered: Selections A. Real property B. Personal property C. A freehold estate D. None...
California Real Estate Salesperson Exam Practice - Quesiton 27
Question To hold real property as tenants in common, individuals must: Selections A. Be husband and wife B. Hold equal interests ...
California Real Estate Salesperson Exam Practice - Quesiton 28
Question A person that is employed by another to act on his or her behalf may be considered: Selections A. An employee B. An agent...
California Real Estate Salesperson Exam Practice - Quesiton 29
Question If there is a conflict between the signed escrow instructions and the signed deposit receipt, which of the following would be binding? ...
California Real Estate Salesperson Exam Practice - Quesiton 30
Question State law requires that every city or county create a planning commission: Selections A. When funds have been appropriated by ...
California Real Estate Salesperson Exam Practice - Quesiton 31
Question The stated policy of the Real Estate Commissioner is to create a "colorblind" industry which can help society obtain voluntary, equal op...
California Real Estate Salesperson Exam Practice - Quesiton 32
Question Enforcement of the State Housing Law is accomplished through the: Selections • A. Local building inspectors • B. Real Es...
California Real Estate Salesperson Exam Practice - Quesiton 33
Question In a real estate transaction, who is not responsible for agency disclosure? Selections A. Principal B. Listing Broker ...
California Real Estate Salesperson Exam Practice - Quesiton 34
Question A title plant is a: Selections • A. Policy of title insurance • B. Clause in a grant deed • C. Collection of real e...
California Real Estate Salesperson Exam Practice - Quesiton 35
Question Which of the following would not be classified as a specific lien? Selections • A. An attachment • B. Property tax lien ...
California Real Estate Salesperson Exam Practice - Quesiton 36
Question A restrictive covenant contained in a deed which prohibits sale to persons of a particular race will: Selections • A. Invalida...
California Real Estate Salesperson Exam Practice - Quesiton 37
Question All of the following would have an effect on the final estimate of value when making an appraisal of an old family residence except: ...
California Real Estate Salesperson Exam Practice - Quesiton 38
Question If the Federal Reserve wants to increase the amount of money available to member banks to ease a tight money market, it could: Sele...
California Real Estate Salesperson Exam Practice - Quesiton 39
Question An estate in which a tenant who rightfully came into possession retains possession after the expiration of the term without the consent ...
California Real Estate Salesperson Exam Practice - Quesiton 40
Question The person who most likely would make use of the legal remedy known as "Unlawful Detainer" would be a: Selections • A. Trustor...
California Real Estate Salesperson Exam Practice - Quesiton 41
Question Which state agency is empowered to prevent acts of discrimination in housing? Selections • A. Real Estate Commission • B....
California Real Estate Salesperson Exam Practice - Quesiton 42
Question Which of the following is not a reason why agency relationship disclosure is required in a real estate transaction? Selections ...
California Real Estate Salesperson Exam Practice - Quesiton 43
Question An appraiser intends that the estimate of value as disclosed in his or her appraisal report on a property be valid: Selections ...
California Real Estate Salesperson Exam Practice - Quesiton 44
Question A client hires a broker to buy a parcel of land for a specified sum on his behalf. The broker however purchases it for himself at a lowe...
California Real Estate Salesperson Exam Practice - Quesiton 45
Question When a broker advertises a listed property for sale, the broker may not legally use an ad: Selections A. Which does not give ...
California Real Estate Salesperson Exam Practice - Quesiton 46
Question An executor of an estate is: Selections A. Appointed by the probate court B. Named in the decedent's will C. Select...
California Real Estate Salesperson Exam Practice - Quesiton 47
Question Recording a deed: Selections A. Conveys title B. Gives actual notice C. Presumes delivery of the deed D. Guaran...
California Real Estate Salesperson Exam Practice - Quesiton 48
Question Under a construction loan, the final payment to the borrower is generally released when the: Selections A. Lien period has exp...
California Real Estate Salesperson Exam Practice - Quesiton 49
Question FHA has established certain MPR's that apply to loans that they insure. MPR is an abbreviation for: Selections A. Market Price...
California Real Estate Salesperson Exam Practice - Question 50
Question To an appraiser, a definition of value is: Selections A. A relationship between desirous persons and things desired B. Th...
California Real Estate Salesperson Exam Practice - Question 51
Question Permissive use of a road across real property would cause a prescriptive easement in Selections A. 5 years B. 10 years if...
California Real Estate Salesperson Exam Practice - Question 52
Question Deed restrictions may be terminated in all of the following ways, except: Selections A. Voluntary cancellation by grantee ...
California Real Estate Salesperson Exam Practice - Question 53
Question Private mortgage insurance is required for residential mortgage loans if the loantovalue ratio is in excess of: Selections A. ...
California Real Estate Salesperson Exam Practice - Question 54
Question A real estate subdivider who resides in Hawaii is required to comply with various laws if he wants to offer his property located in Hawa...
California Real Estate Salesperson Exam Practice - Question 55
Question When a veteran wishes to purchase a home and use his or her California veteran's benefits, he or she would make application to the: ...
California Real Estate Salesperson Exam Practice - Question 56
Question The trust deed and note on a conventional loan is held by the: Selections A. Lending institution B. Federal Government ...
California Real Estate Salesperson Exam Practice - Question 57
Question Which of the following is not an essential to the validity of a deed? Selections A. Payment of financial consideration B....
California Real Estate Salesperson Exam Practice - Question 58
Question Which of the following is not a requisite for creation of an undeclared leasehold agreement? Selections A. Amount of rental pa...
California Real Estate Salesperson Exam Practice - Question 59
Question A lender agrees to make a loan on a large commercial complex provided the borrower gives the lender a 2% interest in the ownership. This...
California Real Estate Salesperson Exam Practice - Question 60
Question A first trust deed can usually be distinguished from a second trust deed by the: Selections A. Heading of the recorded documen...
California Real Estate Salesperson Exam Practice - Question 61
Question When land gradually builds up as a result of the action of water, it is known as: Selections A. Avulsion B. Reliction ...
California Real Estate Salesperson Exam Practice - Question 62
Question Charles died intestate and left a $60,000 estate but no heirs. His estate would: Selections A. Revert to the state B. Esc...
California Real Estate Salesperson Exam Practice - Question 63
Question A corporation is prohibited from holding title to real property in California with anyone as a joint tenant because: Selections ...
California Real Estate Salesperson Exam Practice - Question 64
Question Which of the following acts by a real estate broker would not be a violation of the real estate law? Selections A. Taking a ne...
California Real Estate Salesperson Exam Practice - Question 65
Question The government's control over land use, planning and zoning are an important example of: Selections A. Eminent domain B. ...
California Real Estate Salesperson Exam Practice - Question 66
Question Which of the following would be considered a quiet title action? Selections A. Purchasing property through a dummy buyer ...
California Real Estate Salesperson Exam Practice - Question 67
Question When a property is sold during a tight money market and the existing loan contains an alienation clause, which of the following is most ...
California Real Estate Salesperson Exam Practice - Question 68
Question The phrase in a loan contract that specifies "all due and payable upon the happening of a certain event" would be classified as: S...
California Real Estate Salesperson Exam Practice - Question 69
Question Blank, special, restrictive, and qualified are all terms used to specify types of: Selections A. Liens B. Leases C. ...
California Real Estate Salesperson Exam Practice - Question 70
Question The gross multiplier method of appraisal would be of little value when appraising: Selections A. Commercial property B. ...
California Real Estate Salesperson Exam Practice - Question 71
Question The California State agency that governs the issuance of liquor licenses is the: Selections A. State Board of Equalization ...
California Real Estate Salesperson Exam Practice - Question 72
Question The term "Realtor" is a trade name and only persons who are members of which organization have the right to use it? Selections ...
California Real Estate Salesperson Exam Practice - Question 73
Question Which of the following statements is true with respect to an option? Selections A. Valid without consideration B. Valid ...
California Real Estate Salesperson Exam Practice - Question 74
Question "Duress" is a term which is most closely associated to matters concerning: Selections A. Easements B. Contracts C. C...
California Real Estate Salesperson Exam Practice - Question 75
Question Due to Prop 13, the minimum annual property tax rate is: Selections A. 1% of full cash value B. 2% of full cash value ...
California Real Estate Salesperson Exam Practice - Question 76
Question Once an abstract of judgment is recorded it remains a lien on all real property for: Selections A. One year B. Three yea...
California Real Estate Salesperson Exam Practice - Question 77
Question Which of the following appraisal reports would be the most comprehensive and complete? Selections A. Narrative B. Certif...
California Real Estate Salesperson Exam Practice - Question 78
Question An agent is putting both his funds from property management and his residential sales in the same trust account. This is okay if: S...
California Real Estate Salesperson Exam Practice - Question 79
Question When an appraiser analyzes rent using the income approach, he should base his appraisal on which characteristic of the income? Sele...
California Real Estate Salesperson Exam Practice - Question 80
Question A grant deed Selections A. Warrants that there are no encumbrances on the property being conveyed B. May be used to trans...
California Real Estate Salesperson Exam Practice - Question Set - Contract - Test - 1
Question 1: A safety clause is found in a: Selection: A. Deposit receipt B. Lease C. Loan broker's statement D. Listing ...