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

CA DRE SALESPERSON EXAM 2 LATEST VERSIONS (VERSION A & B) ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS What are the two types of freehold estates? - Answer️️ -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? - Answer️️ -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? ...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM CE Shop Real Estate - Principles Real Estate Course - 45 hour – CA Exam Questions And Correct Answers What do riparian rights give landowners the ability to do? - answerUse a river running through the property. A cabin has 120 feet of lake frontage. The cabin owner's ability to access the lake is based on ______. - answerLittoral rights What are improvements with regard to property? - answerArtificial attachments to land that includ...

A rectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purchased all three lots, what would be the front footage: - ANSWER197; When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWERA percen...

Two friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could: - ANSWERPlace the beneficiary in a precarious position should the borrower die before the debt is paid. Joint tenant estate held by two joint tenants is severed and ended by the following: - ANSWERA foreclosure by one of the joint tenants. One of the joint tenants transfers his interest to a third party. One of the joint tenants sell his...

Alien Registration Receipt Card - ANSWERIdentification 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 - ANSWERA real estate salesperson who works as the employee of a broker; sales asscoiate blind advertising - ANSWERAd in which the name of the person placing the ad is not mentioned broker office - ANSWERA licensed broker who is an officer of a brokerage that is set up as a cor...

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...

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 - ANS All REALTORS are members of the National Association of REALTORS (NAR) The term follow up refers to...? - ANS what a sales assoc...

easement in gross - ANSWERan easement that is not appurtenant to any one parcel license - ANSWERpersonal, revocable, un-assignable permission to use the property of another without possessory interest in it homestead - ANSWERstatus provided to a homeowner's principal residence that protects the home against judgments up to specified amounts intestate - ANSWERdying without leaving a will accession - ANSWERprocess by which there is an addition or reduction to property by the efforts o...

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...

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...