Free CA Real Estate Contracts Questions and Answers

Question 1

The least protection against blighting in any given area is provided by which of the following?

Accepted Answer

A neighborhood not fully developed

Answer

Zoning ordinances

Answer

Artificial and natural barriers

Answer

Residents aware of the hazards of blighting

Question 2

Which of the following is not included in the "Principle of Balance"?

Accepted Answer

Depreciation

Answer

Land

Answer

Management

Answer

Capital

Question 3

A purchaser of a home could not complete a legal contract because of which of the following?

Accepted Answer

Is not yet "of age" (is 17 years old)

Answer

Did not have sufficient cash for down payment and costs

Answer

Is not a citizen

Answer

None of the above

Question 4

When a broker sells six notes and trust deeds taken back by a developer of a new subdivision, he must give to each prospective purchaser a:

Accepted Answer

real property security statement.

Answer

final public report.

Answer

loan disclosure statements.

Answer

notice of intended sale.

Question 5

As compared with other commodities, capital turnover in real estate investments is:

Accepted Answer

slower.

Answer

slightly above the average.

Answer

faster.

Answer

about equal.