Ca dre salesperson - Study guides, Class notes & Summaries

CA DRE SALESPERSON EXAM 2024| ACTUAL EXAM QUESTIONS AND 100% VERIFIED ANSWERS

CA DRE SALESPERSON EXAM 2

How many baseline and meridian systems in CA? - ANSWER3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - ANSWERCA In the order in which they are to occur, the three steps of agency discosure are? - ANSWERdisclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? - ANSWERDemand, utility, scarcity, and transferability Collateralized loan - ANSW...

Stephanie is a real estate salesperson employed by Pacific Coast Properties. She sells a home listed by another broker, Island View Realty. After escrow was opened, but before closing, she asks the Island View broker for a $1,000 advance against her commission. What happens if the Island View broker agrees? -----CORRECT ANSWER--------A) It will be a violation of real estate law. If the Island View broker acted as Stephanie asked, it would, in fact, be a violation of the law on two counts. ...

Land - ANSWERThe physical property and any natural objects on it - like trees and bodies of water, often referred to as a "lot', "site", or "parcel". Real estate - ANSWERgenerally refers to land with permanent manmade improvements. Real property - ANSWERrefers not only to the land and its improvements, but also the bundle of rights, powers, and privileges ("bundle of rights") that are legally connected to ownership of that land. Transferred by deed. Tangible rights - ANSWERbased...

CA DRE Salesperson Exam-with 100% Verified solutions-2023

CA DRE SALESPERSON EXAM 2024/ REAL EXAM/QUESTIONS WITH CORRECT VERIFIED SOLUTIONS/PASS GUARANTEE

CA DRE SALESPERSON EXAM 2024/ REAL EXAM/QUESTIONS WITH CORRECT VERIFIED SOLUTIONS/PASS GUARANTEE

What are the two types of freehold estates? 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? 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 owner. a life estate The rights of tenants who rent or lease property is what type of...

CA DRE Salesperson Exam-with 100% Verified solutions 2023