California Real Estate Practice Exam

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Master the California Real Estate Exam with our comprehensive practice quiz. Get expert tips, detailed content review, and insider strategies to pass on your first try.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Owner A wants to make additional money from a 3-story building on a zone for a 20-story building. What can he do?

Convert it into commercial space
Sell his air rights
Rent it out
Sell the building

The correct answer is: Sell his air rights

Owner A is only able to build a 3-story building in a zone that allows for a 20-story building. By selling his air rights, he can profit from the potential for a taller building despite only being able to build a smaller one himself. Additionally, converting the building into commercial space or renting it out may provide additional income, but it does not address the potential for a larger building on the property. Selling the entire building would also not take advantage of the air rights and would not provide additional income opportunities. Therefore, option B is the best answer.