California Real Estate Practice Exam

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Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Practice this question and more.

Which of the following is not a legal form of property ownership or real estate investment?

Partnership
Corporation
Trust
Syndicate

The correct answer is: Syndicate

A partnership involves two or more individuals who own and manage the property together. A corporation is a separate legal entity that can own property and investments. A trust allows for a third party to hold and manage the property on behalf of the beneficiary. A syndicate is a group of individuals who pool their resources to invest in real estate. Therefore, all of the other options are legal forms of property ownership and investment.