California Real Estate Exam - Question List

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61. The term “note rate” refers to:
  1. the speed at which a musician plays scales
  2. the interest rate stated on a mortgage note
  3. the interest rate stated on a personal loan
  4. the rate at which a note is amortized
62. Which of the following would normally install conduit?
  1. Plumbers
  2. Electricians
  3. Roofers
  4. Carpenters
63. One who establishes the value of a property for taxation purposes is called:
  1. a government tax appraiser
  2. an assessor
  3. an appraiser
  4. all of the above
64.

Occasionally, the title to real property becomes unmarketable. Which of the following causes would be least likely to result in that eventuality?

  1. Imperfect title, due to a breach caused by adverse possession of a prior owner
  2. A lis pendens filed by the husband of the owner of record
  3. Restrictions imposed by a private owner through a deed notation
  4. Public restrictions contained in zoning ordinances and building codes
65. An assessment does which of the following?
  1. Places a value on property for the purpose of real estate sales
  2. Is the same as a competitive market analysis
  3. Places a value on property for the purpose of taxation
  4. Is usually carried out by the mayor of a town

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