Ace the California Real Estate Exam 2026 – Your Key to Property Success!

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, and exam simulations.

Full question bankExam simulationsFlashcards
From $9.99Unlock all

1 / 20

According to California law, legal closing occurs at which of the following times?

When broker gets all required signatures and acceptance is acknowledged

The correct answer is when the broker gets all required signatures and acceptance is acknowledged. This is because in California, legal closing occurs when all parties have signed the necessary documents and acceptance is acknowledged. This step finalizes the transaction and signifies that all parties are in agreement with the terms of the contract. Escrow disbursing money, placing funds for a loan in escrow, or executing and recording title transfer instruments are important steps in the closing process, but they do not represent the official legal closing in California.

Get further explanation with Examzify DeepDiveBeta

When escrow disburses money (checks)

When funds for loan are placed in escrow

When all instruments necessary to transfer title have been executed and recorded

Next Question
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy