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CA Real Estate State Exam Questions and Answers (Latest Update 2025) $13.49   Add to cart

Exam (elaborations)

CA Real Estate State Exam Questions and Answers (Latest Update 2025)

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  • Course
  • CA Real Estate State
  • Institution
  • CA Real Estate State

CA Real Estate State Exam Questions and Answers (Latest Update 2025)

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  • October 12, 2024
  • 472
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CA Real Estate State
  • CA Real Estate State
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Allivia
CA Real Estate State Exam Questions
and Answers (Latest Update 2025)
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 - Correct Answer ✅ C - quiet title action



Answer Feedback: A quiet title action is proceeding to
establish an individual's right to ownership of real property
against one or more adverse claimants.



The recording of an instrument gives:



A - actual notice

B - passive notice

C - absolute notice

D - constructive notice - Correct Answer ✅ D - constructive
notice

,CA Real Estate State Exam Questions
and Answers (Latest Update 2025)
Answer Feedback: Constructive notice is given by taking
physical possession or by recording an instrument.



Federal income tax rates on ordinary income are:



A - progressive

B - equal

C - flat

D - digressive - Correct Answer ✅ A - progressive



Answer Feedback: The more you make, the more you are
taxed.



When title of a property is voluntary transferred without any
money consideration, this would be considered:



A - avulsion

B - eminent domain

C - a gift

,CA Real Estate State Exam Questions
and Answers (Latest Update 2025)
D - foreclosure - Correct Answer ✅ C - a gift



Answer Feedback: This describes a gift which is the only right
choice of a voluntary transfer without consideration (money).



Who would you contact if you feel your property has been
over assessed by the county assessor?



A - Local housing council

B - Board of equalization

C - County tax collector

D - Assessment appeals board - Correct Answer ✅ D -
Assessment appeals board



Answer Feedback: You would contact this department to
plead your case.



A single family home that had an assessed value that was
much lower than the current market value was sold on

, CA Real Estate State Exam Questions
and Answers (Latest Update 2025)
November 3rd at its current market value. What will the new
owners have to pay?



A - supplement tax based on the difference between the old
assessed value and the new assessed value for the remaining
fiscal year

B - nothing

C - a prorated amount of tax

D - a flat tax of 10% - Correct Answer ✅ A - supplement tax
based on the difference between the old assessed value and
the new assessed value for the remaining fiscal year



Answer Feedback: When a property is sold for more than the
assessed value, the new buyer will receive a supplemental
tax bill based on the new assessed value.



An income property owner was figuring out their net income
for tax purposes. They took the gross income and deducted
certain expenses. What cannot be deducted?



A - management expenses

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