Bundle for California Real Estate Exam Questions and Answers 100% Verified

Two friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could: Place the beneficiary in a precarious position should the borrower die before the debt is paid. Joint tenant estate held by two joint tenan...

A contract created under duress is: voidable Of the following, which is most correct concerning the Statute of Frauds? It classifies most oral real estate contracts as unenforceable. When a seller sells his home "as is," which of the following is true? The seller must still give the buyer a re...

How are ownership rights and interest in real property established by way of a court proceeding? A - cloud on title B - equitable use C- quiet title action D - quitclaim C - quiet title action Answer Feedback: A quiet title action is proceeding to establish an individual's right to ownership...

Broker A receives two offers on Seller B's house, which is listed for sale at $250,000. The first offer is for all cash at $200,000. The second offer is for 20% down with 80% financing for the full price. What should the broker do with respect to both offers? Present both offers to the seller as...

What type of entry door is required between the garage and entrance to the house? Fire door; Self-closing. A buyer purchases a house for $300,000 and applies for a $250,000 loan. The buyer is asked to pay one discount point. How much money will the buyer have to pay? $2,500; a discount point is ...

In reference to Property Taxes, "basis" or "cost" is Purchase price of prop plus cost of improvements. How is a condominium unit owned? Separate interest How are common interests in a condo owned? Equally in undivided interest Subdivided Land Laws refer to Subdivisions of 5+ parcels on 160 a...

Purpose of CalBRE The California Bureau of Real Estate (CalBRE) protects the public through the enforcement of laws and requirements for salespersons' and brokers' real estate licenses. The California Real Estate Commissioner The California Real Estate Commissioner has the authority to investi...

1.1. A title was recorded for a parcel of real property vested in the name of Johan Wilson, a single woman. After her marriage to William Roberts, she executed a deed to the property only in the name of Johan Roberts, a married woman. The discrepancy in the grantors name is: A. Valid if William R...