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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What criteria must a use meet to be considered the highest and best use of a property?

Physically possible and aesthetically pleasing
Legally permissible, financially feasible, maximally productive
Environmentally friendly and sustainable
Publicly beneficial and profitable

The correct answer is: Legally permissible, financially feasible, maximally productive

The other options are incorrect because they do not meet all the necessary criteria for a property's highest and best use. Option A only addresses the physical and aesthetic aspects of a use, but does not take into account the legal and financial feasibility. Option C only focuses on the environmental and sustainability factors, while option D only considers the public benefit and profitability, but neglects the legal and financial considerations. Therefore, option B is the most comprehensive and accurate answer as it covers all the necessary elements for determining the highest and best use of a property.