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.

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Which of the following is a generic term for a group of people joining together to invest in real estate?

corporation
partnership
syndicate
association

The correct answer is: syndicate

A syndicate is a generic term for a group of people joining together to invest in real estate, making all the other choices incorrect. Although a corporation, partnership, and association may involve investing in real estate, they are not a specific term for the group of people but rather legal entities with distinct features. For example, a corporation is a business owned by shareholders and a partnership involves 2 or more individuals working together, while an association is a group of people with a common interest. Therefore, C syndicate is the only option that specifically refers to a group of people joining together to invest in real estate.