Ca dre real estate exam - Study guides, Class notes & Summaries

CA DRE Salesperson Exam Questions With Verified Answers. What are the two types of freehold estates? - answer1) an estate in fee (simple absolute) 2) a life estate. What is the most complete, largest type of estate that includes all rights associated with the estate? - answerAn estate in fee simple absolute What type of estate do you own if someone grants you real property for you to own only during your lifetime? When you die, the property reverts back to original estate owner. - answer...

How many square feet in one acre? - ANSWERThere are 43,560 square feet in an acre Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? - ANSWER$332,600 To solve this problem, set up an equation using P for the answer you seek: You know that the seller walked away with $306,000. If the agent was to take 8% of the selling price (P), then the seller rec...

A property owner has an easement appurtenant on her property. One day the property is sold to another party who is opposed to the easement. Following the closing, this particular form of easement does what? - ANSWERtransfers with the owner to a new property. A property owner is precluded by deed restriction from developing a thirty foot boat dock. The limitation prompts the owner to sell to another party. The new owner takes? - ANSWERtakes title subject to the same restriction. Which of th...

FL Real Estate Exam Practice Questions Which statement is true regarding the use of the term REALTOR? All real estate licensees are REALTORS All REALTORS are members of the National Association of REALTORS (NAR) The terms real estate licensee and REALTOR may be used interchangeably The Florida DBPR authorizes the use of the term REALTOR - Correct answer-All REALTORS are members of the National Association of REALTORS (NAR) The term follow up refers to...? - Correct answer-what a sales ass...

There are three main areas within this subject: Listing of real property Sales contracts Marketing - ANSWER-There are three main areas within this subject: Listing of real property Sales contracts Marketing Real Estate Practices describes government regulation of brokerage transactions, the operations of the Department of Real Estate, types of real estate licenses, requirements for obtaining broker and salesperson licenses, continuing education requirements, and, violations of real ...

CA Real Estate Exam Alien Registration Receipt Card - Identification card, also known as a green card, that provides proof of legal presence in the United State of someone who is a citizen of another country Associate Licensee - A real estate salesperson who works as the employee of a broker; sales asscoiate blind advertising - Ad in which the name of the person placing the ad is not mentioned broker office - A licensed broker who is an officer of a brokerage that is set up as a corp...

CA DRE Salesperson Exam with 100% Correct Answers 2023 What are the two types of freehold estates? - Correct Answer-1) an estate in fee (simple absolute) 2) a life estate. What is the most complete, largest type of estate that includes all rights associated with the estate? - Correct Answer-An estate in fee simple absolute What type of estate do you own if someone grants you real property for you to own only during your lifetime? When you die, the property reverts back to original estate...

There are three main areas within this subject: Listing of real property Sales contracts Marketing - ANSWER-There are three main areas within this subject: Listing of real property Sales contracts Marketing Real Estate Practices describes government regulation of brokerage transactions, the operations of the Department of Real Estate, types of real estate licenses, requirements for obtaining broker and salesperson licenses, continuing education requirements, and, violations of real ...