California Real Estate License Exam Prep 2024-2025 (eBook)

The Ultimate Guide with 1,100 Practice Questions and Expert Explanations

Bouvier Carlos Daley (Autor)

eBook Download: EPUB

2024 | 1. Auflage
253 Seiten
Jstone Publishing (Verlag)
978-0-00-064196-0 (ISBN)

Infos

Are you preparing for the California Real Estate License Exam and aiming to pass on your first attempt? California Real Estate License Exam Prep 2024-2025 is your ultimate guide to mastering every aspect of the exam, offering a comprehensive and up-to-date resource designed to build your confidence and real estate knowledge.

This book includes:

1,100 Practice Questions: Realistic, exam-style questions covering all essential topics, including property ownership, California-specific real estate laws, financing, contracts, and more.

Detailed Answer Explanations: Each question comes with an in-depth explanation to enhance your understanding and reinforce key concepts.

California-Specific Content: Tailored to California's real estate laws, regulations, and exam requirements, ensuring that you are fully prepared for the state-specific challenges.

Exam Strategies: Proven tips and techniques to improve your test-taking skills and help you pass with confidence.

Textauszug

Questions

A. Real Property vs. Personal Property (40 Questions)

1. Which of the following is considered real property?
   a) A car b) A house c) A lawnmower d) A painting
2. Personal property in real estate transactions typically includes:
   a) Built-in cabinets b) Landscaping c) Freestanding appliances d) Garage door opener
3. A fixture is best defined as:
   a) A movable object b) Personal property that is permanently attached to the property c) A decoration d) An appliance on wheels
4. Which of the following is an example of personal property?
   a) A chandelier b) A fence c) A refrigerator d) A swimming pool
5. Real property generally refers to:
   a) Moveable items b) Land and anything attached to it c) Financial assets d) Personal belongings
6. When a buyer purchases a home, which of the following is typically considered real property?
   a) A freestanding oven b) A ceiling fan c) A washer and dryer d) A car parked in the garage
7. A key distinction between real property and personal property is:
   a) Real property can be moved easily b) Real property includes land and fixtures c) Personal property is permanently affixed d) Personal property cannot be sold
8. The term "chattel" refers to:
   a) Fixtures b) Real property c) Personal property d) Land
9. Which of the following would likely be considered personal property in a real estate sale?
   a) A tree planted in the yard b) A built-in kitchen cabinet c) A freestanding bookshelf d) A garage door opener
10. In a real estate transaction, which of the following would generally be included as part of real property?
    a) Curtains b) An in-ground swimming pool c) A couch d) A refrigerator
11. Which of the following is a characteristic of real property?
    a) Movable b) Permanently affixed to the land c) Used for personal purposes d) Unattached to the land
12. Personal property is also referred to as:
    a) Fixtures b) Real estate c) Chattel d) Real property
13. What type of property is a built-in bookcase considered to be?
    a) Real property b) Personal property c) Movable property d) Temporary property
14. A portable air conditioning unit would most likely be classified as:
    a) Real property b) Personal property c) Fixture d) Land
15. Personal property becomes a fixture when:
    a) It is rented out b) It is attached to real property c) It is inherited d) It is given away
16. Which of the following is an example of real property?
    a) A patio furniture set b) A built-in outdoor grill c) A freestanding television d) A car parked in the driveway
17. Real property includes:
    a) Movable items like furniture b) Anything permanently affixed to the land c) Personal belongings d) Household goods
18. Which of the following would be excluded from a real estate transaction unless otherwise specified?
    a) Built-in cabinets b) A window air conditioner c) A hot water heater d) A fence
19. Real property rights include:
    a) Ownership of movable goods b) Ownership of land and structures c) Temporary usage rights d) Rental agreements
20. A wall-mounted flat-screen TV would typically be considered:
    a) Real property b) Personal property c) A fixture d) A permanent improvement
21. When a homeowner sells their property, which of the following would typically remain with the property?
    a) A lawnmower b) A built-in microwave c) A refrigerator d) A washing machine
22. Which of the following best describes real property?
    a) It includes everything within a home b) It includes land and any permanent improvements c) It can be moved d) It refers to household goods
23. Personal property is transferred using a:
    a) Deed b) Bill of sale c) Lease d) Title
24. Which of the following items would likely be considered a fixture in a real estate sale?
    a) A freestanding bookshelf b) A kitchen sink c) A throw rug d) A lawn chair
25. Personal property is also referred to as:
    a) A fixture b) Chattel c) An easement d) A lien
26. A tree planted on the property is considered:
    a) Personal property b) Real property c) Movable property d) Temporary property
27. Which of the following would be classified as personal property in a home sale?
    a) A garage door opener b) A refrigerator c) A built-in oven d) A fireplace
28. Real property can include:
    a) A car parked in the garage b) An underground swimming pool c) A freestanding microwave d) A dishwasher
29. Which of the following is considered a fixture?
    a) A garden hose b) A fence c) A chair d) A clock
30. A chandelier permanently attached to the ceiling would be considered:
    a) Real property b) Personal property c) Movable property d) Temporary property
31. Real property includes:
    a) A car in the driveway b) A house and land c) A television d) A book collection
32. Which of the following would be considered personal property?
    a) A tree growing in the yard b) A custom-built garage c) A sofa d) A pool
33. The term "real estate" refers to:
    a) Personal property b) Land and anything attached to it c) Movable assets d) Temporary fixtures
34. Which of the following is an example of real property?
    a) A freestanding stove b) A built-in kitchen cabinet c) A lawnmower d) A washing machine
35. Personal property can be described as:
    a) Fixtures that remain with the land b) Items that can be easily moved c) Property that cannot be sold d) Land and buildings
36. A home seller typically leaves which of the following behind as part of the real property?
    a) Curtains b) A refrigerator c) Built-in shelves d) A television
37. Which of the following is an example of real property?
    a) A freestanding lamp b) A ceiling fan c) A refrigerator d) A sofa
38. The difference between real property and personal property is that real property is:
    a) Movable b) Fixed and attached to land c) Used for temporary purposes d) Unrelated to land
39. When selling a home, which of the following items would likely be considered real property?
    a) A car b) A built-in stove c) A television d) A coffee table
40. Real property includes:
    a) Movable goods b) Items permanently attached to the land c) Items that can be easily transported d) Vehicles

B. Types of Ownership and Rights (50 Questions)

1. Community property refers to property:
   a) Acquired during a marriage b) Owned before marriage c) Owned by one spouse only d) Passed down through a will
2. Under joint tenancy, if one owner dies, their share:
   a) Passes to the surviving joint tenants b) Goes to their heirs c) Must be sold d) Transfers to the government
3. In a tenancy in common, co-owners:
   a) Must have equal shares b) Can pass their share to heirs c) Cannot sell their share without consent d) Must live on the property
4. Community property includes:
   a) Property acquired during a marriage b) Inherited property c) Property owned before marriage d) Property given as a gift
5. A defining feature of joint tenancy is:
   a) Equal ownership shares b) Ownership passing to heirs upon death c) A lack of survivorship rights d) Division of ownership based on contribution
6. In California, separate property refers to property:
   a) Acquired before marriage b) Acquired during marriage c) Shared by both spouses d) Passed down to heirs
7. A tenancy in common allows:
   a) Survivorship rights b) Unequal ownership shares c) Equal shares only d) Ownership to pass to remaining co-tenants upon death
8. Which type of ownership is defined by equal shares and the right of survivorship?
   a) Joint tenancy b) Tenancy in common c) Sole ownership d) Community property
9. In a community property state, property acquired during the marriage:
   a) Is owned equally by both spouses b) Is owned solely by the spouse who purchased it c) Is treated as separate property d) Cannot be transferred without consent
10. What is the main difference between joint tenancy and tenancy in common?
    a) Survivorship rights b) Equal ownership shares c) Duration of ownership d) Use of property
11. Community property in California is typically:
    a) Owned by one spouse only b) Divided equally between both spouses c) Given to heirs upon death d) Owned by multiple family members
12. Joint tenancy offers which of the following advantages?
    a) Equal shares only b) Right of survivorship c) Unequal ownership shares d)...

Produkt-Details

• Erscheint lt. Verlag: 29.9.2024
• Sprache: englisch
• Themenwelt: Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Immobilienwirtschaft
• ISBN-10: 0-00-064196-0 / 0000641960
• ISBN-13: 978-0-00-064196-0 / 9780000641960