Test your basic knowledge |

California Real Estate Test

Subject : certifications
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. A valid deed does not have to contain






2. Bundle of rights






3. MLS






4. Community Property






5. Joists






6. Advance costs






7. Ownership of real property






8. A broker selling a property on which he holds an option should notify the purchaser...






9. Salesperson can only work for...






10. Concurrent ownership or co-ownership






11. Encumbrance






12. Acknowledgment






13. Ad valorum taxes






14. Uniform Settlement Statement






15. Sole ownership






16. Major repairs in the past 5 years ( house for sale )...






17. Fully amortized loan






18. CMA






19. FIRPTA






20. Housing Financial Discrimination Act of 1977 (Holden Act)






21. Alteration






22. Accretion






23. FIRREA






24. Agency coupled with an interest






25. Three most common methods of describing property






26. Bilateral contract - p4p






27. Appraisals of single-family dwellings






28. Tax delinquent real property not redeemed by the owner during the five-year statutory redemption period...






29. Agent of the broker






30. CoCa CoLa






31. 3 years - broker documents






32. Social obsolescence






33. Adverse possession






34. Balloon payment






35. American Land Title Association






36. Meridians






37. Attorney-in-fact






38. Attachment






39. Which corner does the township numbering system start in?






40. After-acquired title






41. Examples functional obsolescence






42. OLDCAR






43. Antimerger clause






44. Cloud on the title






45. Beneficiary statement






46. Abstract of title






47. Federal Truth-in-Lending Law






48. FNMA






49. Abstract of judgment






50. 1 square mile =