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CA Real Estate Final Exam F (Focus) Questions And Answers With Verified Solutions 100% Correct !!! $11.49   Add to cart
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CA Real Estate Final Exam F (Focus) Questions And Answers With Verified Solutions 100% Correct !!!
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  • CAlifornia Real Estate

CA Real Estate Final Exam F (Focus) Questions And Answers With Verified Solutions 100% Correct !!!

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  • October 9, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ca real estate final exam f focus questions and
  • the effective delivery of a deed under the law dep
  • when legal title is transferred as the result of t
  • deed restrictions may be terminated in all of the

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  • CAlifornia Real Estate
  • CAlifornia Real Estate

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CA Real Estate Final Exam F (Focus)
Questions And Answers With Verified
Solutions 100% Correct !!!
The effective delivery of a deed under the law depends on: - ANSWER✔✔The
intention of the grantor

When legal title is transferred as the result of the sale of real estate which is
encumbered by a deed of trust, it is always necessary: - ANSWER✔✔For the
grantor to deliver a deed

Deed restrictions may be terminated in all of the following ways, except: -
ANSWER✔✔Merger of ownership

If a non riparian owner is granted permission by the state to take water from a lake
or river he is said to take such water by: - ANSWER✔✔Appropriation

Mr. and Mrs. Lee owned a property in joint tenancy. Mrs. Lee has a daughter,
Kathy by a previous marriage and Mr. Lee has a son, George. Mrs. Lee dies and in
her will she gave all her interest in the property to Kathy and George. Under these
circumstances, Kathy and George: - ANSWER✔✔Received nothing

Mr. Smith entered into a two-year written lease with the owner of a residence. Mr.
Smith occupies the home for one year and then abandons the property. Under these
circumstances the lessor can do all of the following except: - ANSWER✔✔Leave
the premise unoccupied and sue for the entire rent due for the remaining term

A life estate in real property: - ANSWER✔✔Can exist tother with another estate in
the property

Easements may be terminated by all of the following acts, except: -
ANSWER✔✔Revocation by the servient tenement

Which of the following is not a type of soil or a soil condition? -
ANSWER✔✔Deciduous

, In analyzing a vacant parcel of land to estimate its value, the first logical step is to
determine: - ANSWER✔✔Highest and best use

With regard to the termination of an easement, all of the following are true
statements except: - ANSWER✔✔One founded on a grant may be extinguished by
nonuse

An appraiser was evaluating a house that had an actual age of 15 years. Due to
extremely good care he has assigned an age of only 10 years. This is an example
of: - ANSWER✔✔Effective age

A deed can be: - ANSWER✔✔Signed with a witnessed mark

The maximum penalty that may be charged on the prepayment of an FHA loan is: -
ANSWER✔✔none

Under a construction loan, the final payment to the borrower is generally release
when the: - ANSWER✔✔Lien has expired

A subdivider can legally begin selling subdivided lots when: - ANSWER✔✔The
Commissioner's Final Public Report has been issued

An existing contract was replaced by an entirely new contract. This would amount
to an act of: - ANSWER✔✔Novation

The Disclosure Statement that is required on some real estate loans under the
Truth-in-Lending Act will not show the: - ANSWER✔✔Real estate taxes

Which of the following would be a cost of home ownership? -
ANSWER✔✔Interest lost on owner's equity

Fire insurance policies provide for cancellation by the company: -
ANSWER✔✔After a specified number of days after the notice of cancellation is
given

An agreement in a promissory note which contains a clause that prohibits the
borrower from paying off the note before the maturity date is called: -
ANSWER✔✔A lock-in clause

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