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19. A lien filed against a property by a person who was not…

19. A lien filed against a property by a person who was not paid after furnishing labor or materials for construction work on that property is called a(n): a.  mechanic’s lien. b.  unpaid lien. c.  voluntary lien. d.  security lien.

Published August 26, 2024
Categorized as Uncategorized

3. Township lines divide the land into a series of east-west…

3. Township lines divide the land into a series of east-west strips called: a.  levels. b.  streets. c.  tiers. d.  sections.

Published August 26, 2024
Categorized as Uncategorized

24. A licensed real estate broker working in the capacity of…

24. A licensed real estate broker working in the capacity of a salesperson for another broker or corporation is known as a: a.  principal broker. b.  unlicensed agent. c.  licensed agent. d.  broker associate.

Published August 26, 2024
Categorized as Uncategorized

23. Which of the following forms are included in CAR’s® “Lis…

23. Which of the following forms are included in CAR’s® “Listing Package”? a.  Disclosure Regarding Real Estate Agency Relationship b.  Wire Fraud and Electronic Funds Transfer Advisory c.  Sellers Advisory d.  All answers are correct

Published August 26, 2024
Categorized as Uncategorized

14. The two major types of freehold estates are: a.  remaind…

14. The two major types of freehold estates are: a.  remainder and reversion. b.  fee simple and life estate. c.  life and remainder. d.  fee simple and defeasible.

Published August 26, 2024
Categorized as Uncategorized

6. How many principal base and meridian line intersections d…

6. How many principal base and meridian line intersections does California have? a.  2 b.  3 c.  4 d. 1

Published August 26, 2024
Categorized as Uncategorized

18. An Easement by Prescription requires which of the follow…

18. An Easement by Prescription requires which of the following to be valid? a.  5 years continuous use b.  Open and notorious use c.  Hostile use d.  All answers are correct

Published August 26, 2024
Categorized as Uncategorized

4. An area of land that contains 43,560 square feet is calle…

4. An area of land that contains 43,560 square feet is called a(n): a.  hectare. b.  township. c.  acre. d. perimeter.

Published August 26, 2024
Categorized as Uncategorized

5. Which of the following can transfer ownership of trade fi…

5. Which of the following can transfer ownership of trade fixtures and personal property? a.  Invoice b.  Bill of Sale c.  Transfer document d. Bill of Lading

Published August 26, 2024
Categorized as Uncategorized

9. An interest, share, right, or equity in real estate that…

9. An interest, share, right, or equity in real estate that varies from the minimal right of a renter to the maximum right of full owner is called a(n): a.  ownership. b.  equity share. c.  lease. d.  estate.

Published August 26, 2024
Categorized as Uncategorized

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