California Real Estate Salesperson

Which terms must a California buyer-broker representation agreement address?

Under California's adopted buyer-representation regulations, what is the general rebuttable presumption about practicable signing time for a buyer's agent?

For an ordinary California buyer-broker agreement with an individual buyer, how do the adopted regulations define the statutory maximum three-month term?

An individual buyer's California representation agreement is about to expire. Which renewal procedure is appropriate under the adopted rules?

Before an agent and buyer execute a California buyer-broker representation agreement, what must the agent provide under Civil Code section 1670.50?

A seller's agent does not represent the buyer. What duty still applies in dealings with that buyer?

A listing expires without a sale. Which statement about information learned during the agency is most accurate?

An ordinary personal agency is not coupled with an interest. What generally happens when the individual principal dies?

Which description best expresses market value rather than merely a transaction's sale price?

A buyer will not pay substantially more for one property than for an equally desirable available substitute. Which valuation principle is illustrated?

Which set of tests is normally used to analyze a property's highest and best use?

A swimming pool costs $60,000 to install, but credible market evidence shows it adds $20,000 to the property's value. What is its indicated contribution to value?

A modest home benefits in value from being surrounded by substantially more valuable, compatible homes. Which appraisal principle is most directly illustrated?

A very expensive home loses some market support because surrounding properties are substantially inferior. Which principle is most directly illustrated?

A comparable sold for $640,000 without a pool. The subject has a pool worth $20,000 more in the market, and all other features are equal. How should the comparable be adjusted?

A comparable sold for $680,000 and has a superior garage worth $20,000 more than the subject's garage. Everything else is equal. What is the adjusted comparable price?

A comparable sold a year ago for $600,000. Supported market data indicate a 5% increase since that sale, with no other differences. What time-adjusted price is indicated?

Under a basic cost approach, which calculation indicates property value?

An appraiser identifies a worn roof and deteriorated exterior paint. Which type of accrued depreciation is most directly involved?

A home's outdated floor plan has a bedroom accessible only through another bedroom. What type of depreciation may this represent?