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California Real Estate Test Questions
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California Real Estate Test Questions
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25 Questions

1. After paying a 7% commission to his broker, a seller receives $627,750 from the sale of his house. How much did the house sell for?
2. A mini-ranch is being established on a newly acquired 25-acre parcel of land. The new owner plans to enclose the property with a split-rail fence. The rectangular lot has 1,000 feet of frontage on the state road. How many feet of fencing will be needed?
3. If a forced sale fails to bring enough to pay off a lien on a 16-unit apartment building, the lender may seek a
4. Ed Klein has a large lake on his property. He sells a permit to his friend Phil, allowing Phil to fish in Ed's lake at any time for one year. Phil's right to use Ed's property is known as
5. Brad Butterworth wishes to establish the validity of his claim to Hickory Hill. He has met all of the requirements for a claim by adverse possession, so he should bring
6. The just-completed Grinch house has three bedrooms and one bathroom. It most likely suffers from
7. Which of the following acts or laws established requirements for access to places of public accommodation?
8. A pet owner loses a cat and puts an ad in the paper offering a reward for its safe return. What type of agreement is this?
9. The buyer gives his agent a check for $5,000 to serve as earnest money accompanying a purchase offer. He asks that the agent not deposit the check for two weeks and also asks him not to tell the seller about this. When the agent presents the offer he should
10. Lenders across the country are likely to offer a certain type of mortgage plan after an announcement that such mortgages with certain specifications will be purchased by
11. After delivering an offer to purchase to a seller, the buyer arranges to have the seller's family pet kidnapped and held until the seller accepts that offer. After ratification, the
12. The California law that prohibits discrimination by business establishments is the
13. If a jurisdiction requires private property for public use, the first step begins with
14. Capacity to enter into a contract is legally absent if a person
15. Which of the following statements is true of a tenancy in common?
16. What is the penalty for a delinquent property tax installment?
17. Which of the following would terminate a listing agreement?
18. A broker obtains an exclusive listing. Until the broker fulfills that contract, it is best described as
19. In determining the market value of the subject property, which of the following would be of most importance?
20. A homeowner has a balance remaining on the mortgage of $149,570.75. The interest rate is 9.5% and the monthly payment is $1,303.55. After the next two payments, the balance will be
21. Land can be owned apart from the buildings on it under the arrangement known as a
22. The statute of frauds requires that
23. Which of the following does an appraisal take into consideration?
24. Who can give advice to a prospective buyer on how much to offer for a property?
25. After John Rawlings bought his apartment, he started receiving his own property tax bills. This indicates that he has bought into a