Health stream exam stuvia - Study guides, Class notes & Summaries
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California Real Estate Exam Questions and Answers
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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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