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Real Estate Principles Final Exam Questions with COMPLETE SOLUTION

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Anything that is fastened or attached to real property permanently is considered to be: - ✔✔Real Property A quitclaim deed releases all present claims, rights and title of the: - ✔✔Grantor ... When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: - ✔✔Obtain a writ of execution Before a mechanics lien is effective it must be: - ✔✔Verified and recorded Discrimination by a real estate licensee based on race is: - ✔✔A violation of the regulations of the Real Estate Commissioner, against public policy, and unethical Upon the signing of a real property sales contract: - ✔✔An equitable title passes to purchaser All California Real Estate Laws are created by: - ✔✔Acts of the legislature The 36 sections in a township are numbered from 1 through 36. Section 1 is located in the: - ✔✔Northeast corner Which of the following would be a discriminatory act under the Commissioner's Regulations? - ✔✔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. The type of interest usually charged on home loans is: [Show More]

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