Real Estate Final Exam - 100 Questions

Zoning is under the control of:

A contract that is binding and enforceable in a court of law is said to be:

Escrows base monthly prorations on how many days?

The area of a rectangular lot that is 50 feet wide by 100 feet deep is:

For about how much assessed value is the Homeowner's Property Tax Exemption?

Misuse of the real estate appraisal report or coercion of the appraiser are now:

A person who is authorized by the Secretary of State to witness the acknowledgement of documents is known as a(n):

A broker who mixes personal funds with his or her principal's funds is guilty of:

Real property consists of:

Which of the following is NOT one of the forces that affect the value of a neighborhood?

The federal civil rights law that applies to people with disabilities and protects them from discrimination is the:

When prices rise due to shortages of available properties, it is known as a:

Other than the initial small deposit to open the account, when are money deposits the personal property of the broker?

Which "American" title insurance is usually requested by lenders?

Which of the following is a requirement of a lease?

Which of the following is NOT an essential element of a real estate contract?

The California Department of Veteran's Affairs loan program is commonly known as the:

The market data method (comparison approach) is the most common approach for:

What is the section in the Residential Listing Agreement (Exclusive Authorization and Right to Sell) that can entitle a broker to a commission even after the termination of the listing?

How many square feet are in 1 acre?

A month-to-month rental agreement is usually a:

You are a landlord who discovers that one of your tenants is having new carpet installed in his apartment without your consent. To protect yourself, you should file a(n):

Which of the following is FALSE concerning a grant deed?

Which of the following is NOT a type of property lot?

The rate the borrower is actually paying (including interest, points, and loan fees) is called:

For all practical purposes, discrimination laws evolved from Title VIII of the Civil Rights Act of 1968, 13th Amendment to the U.S. Constitution, and the U.S. Supreme Court Case?

The closing date is:

The Real Estate Commissioner:

When an improvement is permanently attached to real property it becomes:

If the "exact" terms of the listing agreement are met, the listing broker is entitled to a commission, even if the:

Which of the following is TRUE concerning negotiable instruments?

Which advisory form reminds the buyer and seller of the importance of investigating a property before the sale?

The term "EER" is used to measure:

A lien placed on more than one parcel, all parcels having the same owner, is known as a:

An ownership interest in real property that only exists for the life of any designated person or persons (often the grantee) is called a(n):

The salesperson exam requires what percent of correct answers to pass?

Of the following, who is permitted to purchase property in California without court approval?

The seller must provide the buyer of a condominium with:

Which of the following is considered the most popular real estate brokerage websites?

If the prospective investor of real property is most concerned with making money off the usefulness of the improvements, he or she would be most concerned with:

A recorded public history of a specific property is called a:

CC&Rs refer to:

Prior to receiving communication of its acceptance, a buyer can withdraw an offer:

The current status of items from the county records affecting the property's title is called the:

An appraiser using the market approach collects many recent comparable sales. If a comparable property has a feature that is NOT present in the subject property, the estimated value of the feature is:

An oath or affirmation made before a notary public that the content of an instrument is true is called a(n):

Which of the following is NOT a California starting point in the U.S. Government Survey system?

Which of the following statements constitutes and example of progression?

An agent who intentionally shows minorities homes for sale in a minority neighborhood only and refuses to communicate the availability of housing in other neighborhoods is guilty of:

Which of the following are considered non-institutional lenders?

An agency is terminated by operation of law when:

The nominal interest rate is:

If a rental property is sold, the rents of the tenants are:

An incompetent person:

An "REIT" is a:

The cost of approach is most effective:

In real estate, the person who acts for and with the authority of another is called a(n):

Which of the following forms are included in the "Listing Package?"

To be valid, a lease need NOT include the:

Which of the following is an example of a voluntary lien?

Which word best describes the effects of income taxes as your income increases?

If a property is to be returned to the grantor after a life estate is terminated, it is referred to as a(n):

An information booth is called a(n):

In a trust deed, the beneficiary is the:

The original housing law in California that deals with discrimination in business is called the:

The acronym "CLTA" stands for:

Which of the following is true about the salesperson's exam?

How many square feet are in an acre?

Which of the following is an important tax date to remember?

A document given to a tenant stating that he or she must pay past due rent or vacate is known as a(n):

Which of the following would best describe an open listing?

If a buyer defaults on a conditional sales purchase contract (land contract), who would file a quiet title action to remove the cloud on the title?

The "Purchase Agreement Package" includes which of the following forms?

Depreciation can be:

A mechanic's lien can be filed against a property by someone who has furnished which of the following services?

Noninstitutional lenders who usually lend their own money and then sell their loans to others and service the loans are called:

A fee estate that is subject to particular limitations imposed by the grantor of the estate is called:

Mello-Roos liens:

You enter a hardware store where you have an account, pick up a pair of $5.00 pliers, and wave them at the manager as you leave the store. This would be an example of a(n):

Which of the following is NOT a test to determine whether an item is a fixture?

Which of the following statements is FALSE concerning economic obsolescence?

A real estate professional who assists agents and brokers in the processing of a real estate transaction all the way through escrow is known as a(n):

Real property subject to a lien is referred to as:

Which of the following is NOT usually prorated in escrow?

The "Pest Control Inspection Report and Certification" is also called the:

A Federal Estate tax return must be filed for any U.S. resident whose gross estate exceeds:

An outdated kitchen would be an example of:

What is the term used when a person leasing a property remains after the expiration of the stated term?

A real estate license for both salesperson and a broker must be renewed every:

One-half of a section has how many acres?

The bottom portion lining a doorway or window is the:

In order for victims of domestic violence to terminate a lease, they must provide the landlord a copy of a police report that a domestic violence report has been filed and a written:

The Fair Employment and Housing Act prohibits:

If a landlord knows that there is a current bed bug infestation, he or she:

When the Federal Reserve wants a "loose" money market, it:

When a residential tenant vacates a residential rental unit, the landlord has how long to return any unused portion of the tenant's security deposit?

The fundamental goal of the California Housing Finance Agency (Cal HFA) is to:

Under the Department of Real Estate Commissioner's rules and regulations, which of the following would be required to have a written employment contract with a broker?

When property is legally described using the U.S. Government Rectangular Survey System, the intersections of the north-south lines with the east-west lines are known as:

The type of misrepresentation which occurs least often in a real estate sale would be: