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150 Cards in this Set

  • Front
  • Back
1
C
more than $2,500 but less than $3,000
2
B
personal property
3
D
none of the above
4
C
a loan made at the time of sale whose proceeds go to the seller
5
C
5% but less than 6%
6
C
injunction
7
D
must maintain a minimun balance
8
B
mineral rights
9
D
see to it that the trust deed is recorded an names the lender as the beneficiary
10
B
adequate financial arrangements to ensure completion of community recreational
11
D
all of the abouve
12
C
contractual relationship
13
D
listing
14
B
cost and expenses of sale, first trust dee, secound trust deed, balance to the trustor of sale
15
B
$25,000.00
16
C
an estate for years
17
D
time and date of recording
18
A
publishing a notice of intention to sell the property
19
D
any of the above
20
D
assurance that adequate provisions have been made for sewage disposal and flood control
21
D
his neighbor, for removal of the encroachment on grounds of trespass
22
A
encumbrances
23
D
there may be only on estate existing in a life estate at the same time and under the same circumstances
24
B
A lock-in clause
25
D
it is the rate of interest specified in the promissory note
26
C
he can purchase and own a home
27
B
1,099 square feet
28
D
none of the above
29
C
lessor
30
D
all of the above are correct
31
C
structural pest control board
32
D
all of the above
33
D
any of the above
34
C
unearned increment
35
A
36
B
define or state the problem
37
B
income tax
38
A
tenancy
39
C
businesses are precluded from discrimination gainst customers by the unruh Civil rights Act and since a real estate office is a business, the broker cannot discriminate
40
B
area
41
B
painting a bedroom
42
C
legacy
43
B
quiet title action
44
B
trustee
45
d
all of the above are requirements of Article 7
46
A
agency disclosure
47
A
apartments
48
D
$15,000
49
D

be encumbered
50
D
request trustee to record a notice of default
51
A
county board of supervisors
52
D

43,560 square feet 23,040 acres
53
C
a loan of cast to an existing owner of real property to buy an automobile
54
D
all of the above
55
C
both a and b are correct statements
56
D
dederal consumer credit protection act
57
b
The seller
58
A
an injunction
59
D
B can do everything A can do
60
C
is to be executed
61
C
realists
62
C
instruction by the selling real estate agent
63
C
beneficiary
64
D
360 feet
65
B
the neighborhood in which the home is located
66
D
3 years
67
D
broker table can only collect the legal commission of 15% which is $1,125
68
B
trustee and beneficiary
69
C
demand by qualified buyers
70
C
3
71
D
nothing
72
C
the seller could sue for liquidated damages, if the parties agreed to liquidated damages in the contract
73
D
revocable
74
B
investigate as required by real estate law
75
B
incurable
76
A
discharge all prior liens and encumbraces on the property
77
C
a subdivision
78
A
will
79
A
joint tennancy
80
C
25%
81
B
25%
82
B
a straight note
83
B
the fees are collected to pay appraisal and credit report fees and any excess funds are immediately refunded to the borrower
84
C
accusation
85
D
joists
86
D
the real estate commissioner has the power to create, amend, or repeal real estate laws when in the interest of the public welfare
87
A
$130.00
88
D
a deed
89
A
each occupant in each unit has an estate in real property
90
C
$220
91
A
beneficiary, trustor
92
B
the principal must pay money to the agent to create an agency relationship
93
D
land held for future income
94
D
all of the above
95
C
the money left over after all commissions are subtracted from gross income
96
C
reconciliation
97
A
the right of a tenant farmer to harvest his or her crops even though the lease may have expired
98
C
to appraise property
99
B
lessor
100
C
may not encumber the property in excess of the amount due on the contract
101
C
$190,000
102
B
leasehold estate in residential real property
103
D
cash flow
104
A
$400
105
C
delinquent interest on unsecured loans
106
B
promissory note
107
D
long term loan taken out after construction
108
A
net return
109
B
take out loans
110
B
tittle
111
B
some contour is desirable in a residential subdivision
112
A
straight line
113
D
its is a security device
114
C
primary evidence of a loan
115
B
voidable
116
C
listing agreement
117
A
the secound property
118
B
an unlocated easement given by the process of deed is considered invalid
119
B
bilateral executory contract
120
D
voidable
121
C
an estate for years
122
A
general
123
A
a judgment
124
B
subordination clause
125
A
things immovable by law are considered personal property
126
C
both a and b
127
C
implies title has not been previously conveyed
128
D
all of the above
129
C
$32,000.00
130
B
the commission will be paid to rose
131
C
department of fair employment and housing
132
B
secretary of state
133
C
ostensible
134
C
cal-vet
135
C
two story house costs less
136
D
institute a quiet title action
137
D
his death would be classified as testate:however, any real property would have to be probated in whatever state it is located
138
A
encumbrances
139
A
recording a deed presumes delivery
140
D
there is no notice required to terminate an estate at sufferance
141
D
severalty
142
C
the first statment is false and the second statement is true
143
B
grant deed
144
D
both
145
A
obtain a extended coverage policy
146
C
a contract where something remains to be done by one or both parites
147
A
is a person authorized to legally act on behalf of another
148
B
$437
149
A
within 10 days
150
B
a mortgage loan broker