D Question 31 4 pts If a local zoning ordinance that was in effect when the owner acquired the property has the effect of reducing the fair market value of that person's property, then that person can: Be fully compensated under condemnation Not be compensated, even if private property suffers a loss in value Be compensated, but the courts will have to decide how much O Be compensated, but only to the amount the government determines reasonable D Question 32 4 pts Under California law, a residential landlord has a right to evict a tenant for smoking and/or growing marijuana on the premises for personal use: Yes. because the use and growing of marijuana is illegal under federal law . Yes, if such use is prohibited under the lease All of these are correct Yes, if the landlord receives complaints from neighbors that the tenant's use and/or growing of marijuana is interfering with their use and enjoyment of their property. D Question 33 4 pts Under California law, since January 1, 2018, with regard to cannabis, a person over the age of 21D Question 33 4 pts Under California law, since January 1, 2018, with regard to cannabis, a person over the age of 21 may not: Smoke marijuana within 1000 feet of a school at any time Grow marijuana plants outdoors in a publicly visible yard Smoke marijuana in public where tobacco smoking is allowed . All of these are correct D Question 34 4 pts Which of the following is exempt from local property taxes? Churches, schools, and charity real property Property owned by the federal government Property owned by the state and local governments . All of the above D Question 35 4 pts The normal veteran's exemption is what annual amount taken off the normal property tax bill?D Question 35 4 pts The normal veteran's exemption is what annual amount taken off the normal property tax bill? $40 1% of the property value O $75 O $1,250 D Question 36 4 pts Which of the following is a change in ownership that is exempt from Proposition 13 tax re- appraisal? Transfer from one spouse to the other, by either gift or sale Three cotenants changing title from tenants in common to joint tenancy All of these are correct Transfers to child of parent's principal residence or first $1 million of real estate D Question 37 4 pts Mark just bought a condo in California for $500,000. Ignore any special assessments and any CD Question 37 4 pts Mark just bought a condo in California for $500,000. Ignore any special assessments and any homeowner or other exemptions. How much would his property taxes be for the current tax year? $5,000 $6,500 $5,300 $6,000 D Question 38 4 pts A residential landlord that is renting a San Diego apartment that lacks a permanent heating unit, but instead is provided with a portable space heater. Under California law, the landlord None of these are correct is able to rent the unit so long as the unit is habitable could be liable for all rents received from the tenant for the period of occupancy could face fines and penalties up to $15,000 D Question 39 4 pts Ted bought a home in California for $500.000 three years ago, Ignore any special assessments and any homeowner or other exemptions. Assume the property value has increased by 10% since its purchase. How much would his property taxes be on this third year of tax ownership?D Question 39 4 pts Ted bought a home in California for $500,000 three years ago. Ignore any special assessments and any homeowner or other exemptions. Assume the property value has increased by 10% since its purchase. How much would his property taxes be on this third year of tax ownership? $6.500 $5,000 $6,000 $5,500 D Question 40 4 pts Assume Ted is 26, single, and lives in a house that is worth $300,000 and is subject to a $250,000 purchase-money deed of trust. Ted homesteads. If a creditor has a judgment lien and tries to foreclose, how much equity is available to that creditor to attach? . None, no amount available $300,000 $250.000 $50.000 D Question 41 4 pts Most restrictions in real estate purchase agreements (RPA's) are:D Question 41 4 pts Most restrictions in real estate purchase agreements (RPA's) are: O Restriction Condition subsequent O Covenants Condition precedent D Question 42 4 pts California Government Code section 65850 regulates: The material used in the construction of buildings The architectural design of buildings All of these are correct . The use of buildings. lands and public spaces D Question 43 4 pts If Matt does not like the way zoning affects his property, he can go to the administrative bodies and seek to change the zoning based on the public good. This type of relief is calledD Question 43 4 pts If Matt does not like the way zoning affects his property, he can go to the administrative bodies and seek to change the zoning based on the public good. This type of relief is called: O Judicial override Conditional use permit O Zoning amendment Variance D Question 44 4 pts California Senate Bill 9 (2021), among other things, allows; Homeowners to split their lots in two and build duplexes on both parcels as long as they live in one of the units All of these are correct. . New multi-unit housing near transit or in urban infill areas, with up to 10 units per parcel Property owners to build duplexes on land zoned for single-family housing D Question 45 4 pts California does not recognize the following leasehold estate: Estate at Will . Estate at Sufferance wD Question 45 4 pts California does not recognize the following leasehold estate: Estate at Will Estate at Sufferance Estate for Years Estate from Period to Period D Question 46 4 pts In a residential purchase, the Buyer is unable to secure financing and defaults under the Purchase Agreement ("PSA"). Seller terminates the contract and demands that escrow release the Buyer's deposit to Seller as provided under the valid liquidated damages provision in the PSA, to which the Buyer objects. Escrow should: As a dual agent, refund half of the deposit to Buyer and release the balance to Seller. As a secondary party to the PSA, release the deposit to the Seller. . File an interpleader action with the court for a decision.. File an interloper action against the Buyer and Seller to perform on the PSA. D Question 47 4 pts WQuestion 47 4 pts Which of the following is true about title insurance? . All of these are correct. Generally, a lender will require title insurance before loaning money to buy the property. Most sellers want title insurance to guarantee title. It is used in all sales transactions in California. D Question 48 4 pts A material provider intends to file a mechanic's lien on a development to which it provided lumber. If the owner has recorded a notice of completion (or a notice of cessation of labor), then the time limit for filing the mechanic's lien is: 30 days 1 year 60 days 90 days D Question 49 4 pts Juan purchases a new home in a condo complex governed by CC&Rs that provide him with exclusive use common area(s). These would include:Question 49 4 pts Juan purchases a new home in a condo complex governed by CC&Rs that provide him with exclusive use common area(s). These would include: his locker in the community gym. the balcony/patio for the unit. the walkway leading to his front porch. the internal and external plumbing for the unit. D Question 50 4 pts A landlord, seeking to increase occupancy on its premises near SDSU, converts the existing attached two-car garage to a studio apartment (with its own kitchenette and bathroom) without obtaining building permits but on the belief that none were required. Thereafter, the landlord: May lawfully rent the unit only if there is available off-street parking to make up for the two spaces that were lost. May lawfully rent the unit so long as it is tenantable. May lawfully demand and collect rent for occupancy of the space. May neither lawfully demand nor collect rent for occupancy of the untenantable space