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 does a person with a time share always have?

A use interest
A property title
A rental agreement
A purchase option

The correct answer is: A use interest

A person with a time share always has a use interest, meaning they have the right to use a property or accommodation for a specific period of time each year. Option B, a property title, is incorrect because ownership of the property is usually divided among multiple time share owners and each only has access for a certain period of time. Option C, a rental agreement, is incorrect because time share owners don't rent the property; they have a use interest for a set period of the year. Option D, a purchase option, is incorrect because time share owners don't have the option to purchase the property outright, they only have the right to use it for a specific time period.