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. vendor (term in real estate)






2. Assuming a loa






3. Tenancy in partnershipm






4. Advance fee addendum






5. amortized note






6. Real Property Loan Law






7. Ademption






8. Agency by estoppel






9. Principle or 3rd party






10. MARIA






11. Balloon payment






12. Meridians






13. PITI






14. Beneficiary statement






15. depreciation






16. Accretion






17. Monthly house payment (ratio standard)






18. CMA






19. Ownership of real property






20. Aesthetic zoning






21. Bundle of rights






22. Encumbrance






23. Bankruptcy






24. The Recovery Account






25. Assignment of contract






26. Administrative agency






27. Economic obsolescence






28. Social obsolescence






29. Amendments to the escrow instructions






30. A valid deed does not have to contain






31. Alteration






32. RPSD






33. Antimerger clause






34. Open end mortgage






35. FTC






36. Appurtenance






37. 3 years - broker documents






38. REEA






39. Liquidated damages






40. If property is sold while in probate






41. Agent






42. Adam E Lee






43. GNMA






44. Bilateral contract - p4p






45. Institutional advertising






46. Burden of proof






47. Federal Housing Administration - role






48. Abatement






49. Assumable loan






50. OLDCAR