If the documentary transfer tax rate is $.55 per $500 of consideration, what was the documentary transfer tax? After the grant deed had been signed and delivered into escrow, the title company discovered the young man who signed the deed was not yet 18 years old and was not emancipated. We offer a variety of services for Real Estate, Insurance, Construction, Barber, Cosmetology and other professional licenses and certifications. It does this through FHA mortgage default insurance. The ultimate test of functional utility is: The owner of land owns riparian rights to water on, under, or adjacent to the land in which of the following? Our real estate exam prep courses, study guides, exam prep tests, questions and answers are designed to make sure that you do not have any surprises on your real estate exam date. Of the 100-150 questions, 60-80 will be state-specific questions, while the other 80-100 will be general real estate concepts. Over 97% of our students have used our real estate practice test and other exam prep products to pass their real estate exam … Test-Taking Tip: Before the state exam, make sure to review the Statute of Frauds so that you know which contracts must be in writing to be enforceable. These Online Training Exam-Prep Courses with Guides and Answers are to help you pass your Sales Associate ( Pre-License ) “California : Real Estate Principles” Course Exam AND/OR the “California: Real Estate Practice” Course Exam AND/OR the “California: Legal Aspects of Real Estate” Course Exam. The school does not offer prelicensing or continuing education classes and, instead, specializes in exam prep. Incorrect answer. Additional protection for those afflicted with AIDS or HIV-positive can be found in the federal Fair Housing Act Amendments of 1988. This federal law prohibits the anticompetitive behavior shown by the brokers in the test question (e.g., collusion, price fixing, and dividing up territories). Our online real estate Salesperson test prep comes with over 500 real estate practice test questions, and 450 vocabulary test questions with detailed answer explanations, real estate study flashcards, a 50 question math prep test, and real estate test prep study videos. The real estate salespersons exam … A package loan is secured not only by real estate, but also by personal property being sold with the real estate. A valid bill California Laws of Agency and Fiduciary Duties, Section 3. No mention was made of the corn in the sales agreement and/or escrow instructions. Real estate agents must be knowledgeable of the communities in their area, particularly in the facets that matter most to people: schools, safety, job opportunities, healthcare, and activities. Make sure to look at a Real Estate practice exam … Study Flashcards On California Real Estate Exam Practice (Multiple Choice) at Cram.com. But, it does not alter the level of supervision the broker of record must exercise over every associate licensee, whether they are hired as employees or as independent contractors. It involves the appraiser estimating the cost to build the improvements new, deducting for accrued depreciation, and, finally, adding the value of the land. The estimate would include a cure for any outdated design (i.e., a cure for "functional obsolescence"). PSI has the following practice exams … California Real Estate Practice; California Real Estate Principles; Real Estate Finance; Online Exam Prep Solution; All ebooks included; Additional material available for extra cost: +$51 for hardcopy textbooks (excluding tax and shipping fee) +$129.99 for full online … California Real Estate School Online, Real Estate Exam Crash Course, Access License Schools, Pass Pack, Real Estate Practice Test, effective California real estate license exam courses, Real Estate Principles, Practice, Legal Aspects of Real Estate, 135 course real estate education, DRE approved real estate … Answer Choices "B" and "C" both include what's called the "right of survivorship." A real estate agent is designed to give some help to someone who is looking to buy a house in a specific location. Each of our practice tests are carefully put together to simulate the test format and question content of the California Real Estate Licensing Test. The buyer assumed an existing $30,000 trust deed and paid cash for the balance of the purchase price. Coronavirus Facts Quiz: Test Your Pandemic Knowledge. Practice Tests, Study Guides, and Flashcards for the Real Estate License Exam. You will be given 2-4 hours to complete the exam. Specifically designed to effectively prepare for the California State Licensing Exam. If there is a right of survivorship and one co-owner dies, the survivor immediately--through operation of law--acquires the ownership interest of the deceased.