Real Estate Principles Final Exam QUESTIONS AND ANSWERS 100% CORRECT!
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Course
Real Estate Principles Fin
Institution
Real Estate Principles Fin
Anything that is fastened or attached to real property permanently is considered to be: - ANSWER Real Property
A quitclaim deed releases all present claims, rights and title of the: - ANSWER Grantor
When a creditor wants to satisfy a judgement which was levied against another person, the cr...
, Real Estate Principles Final Exam
QUESTIONS AND ANSWERS 100%
CORRECT!
Anything that is fastened or attached to real property permanently is considered to be: -
ANSWER Real Property
A quitclaim deed releases all present claims, rights and title of the: - ANSWER Grantor
When a creditor wants to satisfy a judgement which was levied against another person,
the creditor would: - ANSWER Obtain a writ of execution
Before a mechanics lien is effective it must be: - ANSWER Verified and recorded
Discrimination by a real estate licensee based on race is: - ANSWER A violation of the
regulations of the Real Estate Commissioner, against public policy, and unethical
Upon the signing of a real property sales contract: - ANSWER An equitable title passes
to purchaser
All California Real Estate Laws are created by: - ANSWER Acts of the legislature
The 36 sections in a township are numbered from 1 through 36. Section 1 is located in
the: - ANSWER Northeast corner
Which of the following would be a discriminatory act under the Commissioner's
Regulations? - ANSWER Posting a sign on the property indicating a preference for
female renters, designing an ad for general circulation appealing to persons of a specific
religion to purchase within a given area, and refusing to list a property in an area
occupied by persons of a race other than the licensee.
The type of interest usually charged on home loans is: - ANSWER Simple
A landowner is notified by a railroad company that it plans to cross his property with a
railroad line. If the landowner refuses, the railroad company can proceed by the use of: -
ANSWER Eminent domain
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