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Real Estate Principles Final Exam: QUESTIONs &
Answers: Updated A+ Score Solution.
### Answers to Real Estate QUESTIONs (California Focus)
1. **QUESTION:** Anything that is fastened or attached to
real property permanently is considered to be:
**Answer:** Real Property
**Rationale:** The document explicitly states "Real
Property" for items permanently attached to land.
2. **QUESTION:** A quitclaim deed releases all present
claims, rights and title of the:
**Answer:** Grantor
**Rationale:** The document specifies "Grantor," indicating
a quitclaim deed releases the grantor’s interest.
3. **QUESTION:** When a creditor wants to satisfy a
judgement which was levied against another person, the creditor
would:
**Answer:** Obtain a writ of execution
**Rationale:** The document states "Obtain a writ of
execution" to enforce a judgment (noting "judgement" likely means "judgment").
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4. **QUESTION:** Before a mechanics lien is effective it must
be:
**Answer:** Verified and recorded
**Rationale:** The document requires a mechanics lien to be
"Verified and recorded" to be effective.
5. **QUESTION:** Discrimination by a real estate licensee
based on race is:
**Answer:** A violation of the regulations of the Real Estate
Commissioner, against public policy, and unethical
**Rationale:** The document lists all three as consequences
of racial discrimination by a licensee.
6. **QUESTION:** Upon the signing of a real property sales
contract:
**Answer:** An equitable title passes to purchaser
**Rationale:** The document states "An equitable title passes
to purchaser" upon signing a sales contract.
7. **QUESTION:** All California Real Estate Laws are created
by:
**Answer:** Acts of the legislature
**Rationale:** The document specifies "Acts of the
legislature" as the source of California real estate laws.
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8. **QUESTION:** The 36 sections in a township are
numbered from 1 through 36. Section 1 is located in the:
**Answer:** Northeast corner
**Rationale:** The document states "Northeast corner" as the
location of Section 1 in a township.
9. **QUESTION:** Which of the following would be a
discriminatory act under the Commissioner's Regulations?
**Answer:** Posting a sign on the property indicating a
preference for female renters, designing an ad for general circulation appealing to persons of a specific religion to purchase within a given area, and refusing to list a property in an area occupied by persons of a race other than the licensee
**Rationale:** The document lists all three acts as
discriminatory under the Commissioner’s Regulations.
10. **QUESTION:** The type of interest usually charged on
home loans is:
**Answer:** Simple
**Rationale:** The document states "Simple" interest is
typically charged on home loans.
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11. **QUESTION:** A landowner is notified by a railroad
company that it plans to cross his property with a railroad line.If the landowner refuses, the railroad company can proceed by
the use of:
**Answer:** Eminent domain
**Rationale:** The document specifies "Eminent domain" as
the railroad’s authority to proceed.
12. **QUESTION:** Title to real property that is transferred by
a will is considered:
**Answer:** A devise
**Rationale:** The document defines property transferred by
will as "A devise."
13. **QUESTION:** A real estate broker received 40 acres of
land valued at $300 per acre as a commission from the seller.Two weeks after escrow closed, the broker was offered $400 per
acre for the land. If the broker accepts the offer he:
**Answer:** Will be acting in an acceptable manner
**Rationale:** The document states the broker’s action is
"acceptable," implying no legal or ethical violation.
14. **QUESTION:** The words "procuring cause" would have
an important meaning to which of the following?