Health stream exam stuvia - Study guides, Class notes & Summaries

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California Real Estate Exam Questions and Answers
  • California Real Estate Exam Questions and Answers

  • Exam (elaborations) • 18 pages • 2024
  • California Real Estate Exam Questions and Answers In reference to Property Taxes, "basis" or "cost" is - ANSWER-Purchase price of prop plus cost of improvements. How is a condominium unit owned? - ANSWER-Separate interest How are common interests in a condo owned? - ANSWER-Equally in undivided interest Subdivided Land Laws refer to - ANSWER-Subdivisions of 5+ parcels on 160 acres, regulated marketing & financing, and requires disclosures in public report. How long is a disclo...
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