CA Real Estate State Exam Crash
Course (2022/2023) Graded A+
How are ownership rights and interest in real property established by way of a court proceeding?
A - cloud on title
B - equitable use
C- quiet title actio
...
CA Real Estate State Exam Crash
Course (2022/2023) Graded A+
How are ownership rights and interest in real property established by way of a court proceeding?
A - cloud on title
B - equitable use
C- quiet title action
D - quitclaim
C - quiet title action
Answer Feedback: A quiet title action is proceeding to establish an individual's right to
ownership of real property against one or more adverse claimants.
The recording of an instrument gives:
A - actual notice
B - passive notice
C - absolute notice
D - constructive notice
D - constructive notice
Answer Feedback: Constructive notice is given by taking physical possession or by recording an
instrument.
Federal income tax rates on ordinary income are:
A - progressive
B - equal
C - flat
D - digressive
A - progressive
Answer Feedback: The more you make, the more you are taxed.
When title of a property is voluntary transferred without any money consideration, this would be
considered:
A - avulsion
B - eminent domain
C - a gift
D - foreclosure
C - a gift
Answer Feedback: This describes a gift which is the only right choice of a voluntary transfer
without consideration (money).
Who would you contact if you feel your property has been over assessed by the county assessor?
A - Local housing council
B - Board of equalization
C - County tax collector
D - Assessment appeals board
D - Assessment appeals board
Answer Feedback: You would contact this department to plead your case.
A single family home that had an assessed value that was much lower than the current market
value was sold on November 3rd at its current market value. What will the new owners have to
pay?
A - supplement tax based on the diffe
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