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California Contract/Transaction Specifics

California · State License Law — free study notes for the real estate licensing exam.

🏛️ State License Law 📍 California

📖 What you need to know

Residential resale transactions in California require key disclosures, including the Transfer Disclosure Statement (TDS) and the Natural Hazard Disclosure (NHD), and the agent owes a duty of reasonable visual inspection under Civil Code 2079 (Easton v. Strassburger). Property taxes are shaped by Proposition 13, and homes in Mello-Roos districts carry additional special taxes that must be disclosed. At transfer, a documentary transfer tax of $0.55 per $500 of value applies, and California's community property framework affects how married owners hold and convey title.

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Questions students ask

Is California Contract/Transaction Specifics on the real estate exam?

Yes. State License Law is a scored domain on the California real estate licensing exam, and this topic appears in the state license-law portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.

Does California test this differently?

California applies its own license law on top of the national portion. This page covers the California rules specifically, which is what the state section of your exam tests.

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