CP CP Real Property Law

Question 1

In California, title to real property held by two unmarried co-owners with equal shares and a right of survivorship is called:

Accepted Answer

Joint tenancy

Answer

Joint tenancy in California conveys equal shares with a right of survivorship, meaning a deceased co-owner's share automatically passes to the surviving co-owner(s).

Question 2

California's primary document used to transfer real property from a seller to a buyer is a:

Accepted Answer

Grant deed

Answer

A grant deed is the most common instrument for conveying real property in California; it implies covenants of title by the grantor.

Question 3

Under California's homestead exemption, the primary purpose is to:

Accepted Answer

Protect a portion of a homeowner's equity from general creditors in forced sale

Answer

California's homestead exemption (CCP § 704.710 et seq.) protects a specified amount of a debtor's home equity from execution by unsecured creditors.

Question 4

A deed of trust in California differs from a mortgage in that:

Accepted Answer

A deed of trust involves three parties (trustor, trustee, beneficiary) and allows non-judicial foreclosure

Answer

A California deed of trust involves a trustor (borrower), trustee, and beneficiary (lender), and permits non-judicial (trustee's sale) foreclosure under Civil Code § 2924.

Question 5

Which California statute governs residential landlord-tenant relationships, including security deposit limits?

Accepted Answer

California Civil Code § 1940 et seq.

Answer

California Civil Code § 1940 et seq. governs residential tenancies, including security deposit limits (generally two months' rent for unfurnished units).

(CP) California Certified Paralegal Practice Test

(CP) California Certified Paralegal Practice Test

CP CP Real Property Law