Online Search, Alerts & Beyond
Taxation
Investing & Other Broker Related Fields
Escrow: How to Navigate the Journey
Property Management
100
Social media sites that can be used to encourage people to purchase a specific property include all of the following except: a. bre.ca.gov b. Facebook.com c. Twitter.com d. LinkedIn.com & Instagram.com
a. bre.ca.gov
100
The person who receives a gift is called a: a. trustor b. donee c. donor d. none of the above
b. donee
100
A real estate syndicate can be a: a. corporation b. partnership c. trust d. all of the above
d. all of the above
100
Which of the following is an annual recurring charge? a. County recording fees b. Title insurance fees c. Escrow fees d. Property tax fees
d. Property tax fees
100
The refusal of a loan or insurance based upon a property’s location (zip code) is called: a. bluelining. b. redlining. c. yellowlining. d. greenlining.
b. redlining.
200
Most buyers check out what service before contacting an agent? a. Billboards and signs b. Newspaper classifieds c. Search online d. Magazines
c. Search online
200
Proposition 13 set the maximum amount property taxes can increase each year at: a. 1 percent b. 2 percent c. 5 percent d. 10 percent
b. 2 percent
200
Operating expenses DO NOT include: a. loan payments. b. depreciation allowances. c. income tax provisions. d. all of the above.
d. all of the above.
200
Escrow reports real estate transactions to the: a. CalBRE. b. F.B.I. c. I.R.S. d. all of the above
c. I.R.S.
200
The Unruh Civil Rights Act is a: a. California act. b. federal act. c. city act. d. none of the above.
a. California act.
300
The study and prediction of things people do as they age is called: a. marketing. b. demographics. c. anthropology. d. progressive consumerism.
b. demographics.
300
Income tax rates are an example of: a. regressive taxes. b. progressive taxes. c. both a and b. d. none of the above.
b. progressive taxes
300
A business opportunity sale can include: a. the sale of a business. b. the lease of a business. c. the goodwill of a business. d. all of the above.
d. all of the above.
300
The "Real Estate Settlement Procedures Act" allows the buyer to request the settlement statement: a. whenever he or she wants to. b. one business day before closing. c. one week before closing. d. ten business days before closing.
b. one business day before closing
300
Which of the following is an example of blockbusting? a. Installing new streets within a city block. b. Persuading property owners to sell by telling them minorities are moving into the neighborhood c. Offering incentives to renters, like free utilities d. Denying a loan to a qualified borrower based on location of a property
b. Persuading property owners to sell by telling them minorities are moving into the neighborhood
400
What is the segment of the U.S. population born between 1982 and 2004 referred to as? a. Millenials b. Baby boomers c. Generation X d. Generation Y
a. Millenials
400
Anything that increases the usefulness of the structure, such as the addition of a bedroom or bathroom, is an example of: a. a taxable alteration. b. new construction. c. routine upgrade. d. reconstruction.
a. a taxable alteration
400
The most preferred form of legal organization is: a. general partnership. b. limited partnership. c. unlimited partnership. d. none of the above
b. limited partnership.
400
No title insurance protects against: a. a document not properly signed. b. unmarketability of title. c. zoning changes. d. defective delivery of a document.
c. zoning changes.
400
What form of lease is increased at specified intervals? a. Net lease b. Gross lease c. Percentage lease d. Graduated lease
d. Graduated lease
500
According to the U. S. Census Bureau, at what is the "Average Peak Age” that people will purchase a starter house? a. Mid twenties b. Early thirties c. Late thirties d. Early forties
b. Early thirties
500
Which of the following can be depreciated for tax purposes? a. Only the buildings or other improvements on income, trade or business property b. Only the buildings or other improvements on residential property c. The land and the buildings on residential property d. The land and the buildings on income, trade or business property
a. Only the buildings or other improvements on income, trade or business property
500
A Subchapter S Corporation is taxed: a. only once. b. twice. c. unlimited times. d. none of the above.
a. only once.
500
A written summary of the property’s documents that evidences title is called the: a. abstract of title. b. absurdity of title. c. prospectus of title. d. prohibition of title.
a. abstract of title.
500
The California Act that prohibited steering and blockbusting was the: a. Unruh Corporations Act. b. Unruh Civil Rights Act. c. Civil Rights Act of 1900. d. none of the above.
b. Unruh Civil Rights Act.
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