One borrowed money and executed a deed of trust against the property. A stream borders both Peter's and Patty's land. Write. When appraising a home build in 1910 the appraiser must use: Today's cost and today's reproduct ion cost. eLicensing. Pass your exam in a flash! SAM loans are recommended in a strong financial market, Has to be paid before a license is issued, It is not necessary for a broker to have one, Provides a secondary market for FHA and VA. is the amount of commission reamining to the broker after paying the salesperson and other possible commissions. California Real Estate Flashcard … With this … General concepts and terms with specific explanations on the reverse side of each flash card cover real estate… 2. California Real Estate Flash Cards Learn how to ace the California real estate exam by studying our huge section of flash cards. PLAY. With that CA real estate practice exam around the corner, the practice test below is designed to help you see how ready you are for the California real estate … Description. Success on the Broker's Exam depends on a thorough understanding of key terms and concepts. A property held in "Severalty" is owned by: What is the best way to depreciate a 20 year old commercial building, The land that is subject to an easemnt is, Subdivision reports must be filed with the, The agent most likely to earn a sales commission, Is the one who communicates acceptance of the offer from the seller to the buyer, the seller may sue for a specific performance, Is a wall that divides two apartment buildings, The construction member found above the doors and windows is called, Is a construction project completed (ready for occupancy), is a continuation of a non-conforming use, is the current use of a building to its highest and best use, Is to borrow money to the maximum extend possible, Is a contract replace entirely by a new one, permits the lender to call the loan for behind payments, Alienations. by CristaFlennerEsparza, This security instrument is used for loans when the collateral is … Add to folder[?] Your copy will typically ship within one business day from … Level. Under aliation, permits the lender to demand full payment of loan in the event title is transferred, If a lender accepts a deed in lieu of foreclosure he assumes, Metes are measures of length, inches, feet, yards and bounds are measures of boundaries, using, monuments or benchmarks nature or artificial, The members that support the roof loads is the, The new owner would probably prefer to have which items removed from his title report at the time of transfer, The maximum commission a broker may charge a seller for the sale of residential income property is, An offeror signed a contract under duress the contract is, A business opportunity sold with a document similar to a deed is called, Transfer of personal property, inventory or merchandise. Created. AL Alabama Real Estate Exam Prep; AK Alaska Real Estate Exam Prep ; AZ Arizona Real Estate Exam Prep ; AR Arkansas Real Estate Exam Prep ; CA California Real Estate Exam Prep ; CO Colorado Real Estate Exam Prep ; CT Connecticut Real Estate Exam Prep ; DE Delaware Real Estate Exam Prep ; FL Florida Real Estate Exam … With a lease option to buy,the broker must present disclosure to, Owner Tesoro listed a valand with Broker Gonzalez for $124,200, Buyer Carter made and. Which of the following is essential for an agency: Competency, Fiduciary, Agreement to the parties to the contract, Before communication to the perspective purchaser of the seller acceptance of an offer, the buyer may cancel for any reason, Buyer Hanson, contacted Broker Cohen, Hanson told Cohen that he wants to, The duty to preserve confidential information terminates, Buyer wilson signed an offer before the listing broker could obtain an unqualified acceptance Wilson died, The death of Wilson worked a revocation of the offer, The fiduciary duty to the seller is the same as. Real Estate Exam. Pass the California Real Estate exam with confidence! Match. Under the riparian rights system, which of the following correctly describes Peter and Patty's rights? 11/15/2008. Flash Cards for Real Estate Sales Agent Exam. Joint tenant estate held by two joint tenants is severed and ended by the following: A foreclosure by one of the joint tenants. Real Estate Sales Exam Flashcards Study System. Use LEFT and RIGHT arrow keys to navigate between flashcards; Use UP and DOWN arrow keys to flip the card; A large rural property is 36 miles square. Learn. Real Estate Flashcards. We'll bring you back here when you are done. Level. Spell. Simply the best California real estate exam … Quizzes, flashcards, glossary, downloadable content, California real estate exam hints and secrets, and more presented in an easy to use interface to promote learning and not frustration. Practice Tests Questions for the California Real Estate Sales Person Exam. Our online flashcards have everything you need to know to get your license ASAP! Use our free Real Estate practice exams (updated for 2020) to pass the Real Estate License Exam - an assessment taken by candidates who wish to become a Real Estate Agent or Broker.Real Estate Agents work to advise home buyers and sellers on market conditions, real estate … All of our California real estate practice exam questions are specifically written for the state of California, and are structured exactly like the California real estate exam. Free Flashcards for the Real Estate License Exam … RESP applies to which of the following properties? California Broker Exam. In terms of affecting title this action could: Place the beneficiary in a precarious position should the borrower die before the debt is paid. Quickly memorize the terms, phrases and much more. Real Estate & Planning >> California Broker Exam; Shared Flashcard Set. An easement can be canceled by signing a: the buy may reject to perform or to cancel, A standard policy of title insurance doesnt cover, Conflicts with the LA county codes and the uniform codes, the one with the highest standards of safety will apply, Communicate to the seller the type of deposit before acceptance, When appraising a site the appraiser applies the, The equity increases and interest rate decreases, an offer written on April 24th with a contingency, the seller, The seller must return the deposit to the buyer. 10. Create your own flash cards… Learn the terms, keywords, vocabulary, and much more about Real Estate Terminology with our flashcards quizzes. Professional. Click here to study/print these flashcards. Real Estate Principles; State exam Real estate law; State exam encumbrances; Free RE Exam Answers; Chapter 1 - Property, Estates, & Ownership; UNIT 2: Property, Estates, and Ownerships; Exam Prep RE principles; Chapter 2; Chapter 3; Principal; Unit 3: Real Property Interests; Unit 8 Escrow & Closing; Real Esatate Principles; Real Estate … These flash cards contain over 400 terms and definitions you need to know to pass the California Real Estate Agent’s Exam. Study Flashcards On California Real Estate Exam Practice (Multiple Choice) at Cram.com. Miles sold a home to North with the help of Olsten, if the buyer (North) finds out that something was not properly disclose by Miles and Olsten, this is called: Logan sold a home to Hughes, if Hughes backs out: The granting of doing business or to sell a product under a name with restrictions from the grantor is called: A person who is delegated in an intrument to legally do something for another person in his stead is called, The terms of exclusive right to sell listing are, The exact requirements of the sellers instructions, An advertisement to lease properties only to married couple is, Does not affect the interest rates directly. Please sign in to share these flashcards. Out-of-State Applicants. California Real Estate Flashcards. To hire self employed agents is an advantage: Is an advantage because the broker doesnt collect social security. Licenses is an important function of the parcels as security for a residential is... 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