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150 Cards in this Set

  • Front
  • Back
1
D
escalator clause geared to the cost of living
2
A
notice of accession
3
D
taking a note properly endorsed by the payee but not signed by the maker
4
D
a real estate contract signed on sunday is voidable
5
C
leverage
6
D
possession
7
D
lease
8
D
running stream
9
D
most intrest one may hold in land
10
C
not enforceable by law
11
D
private lenders
12
A
depreciation
13
D
husband overtime
14
A
real property securities
15
D
and open end loan
16
A
it must be kep 3 years
17
D
termination statement
18
D
21,120
19
C
lessee
20
C
trustor
21
D
may be general or specific on real or personal property
22
D
$18,000
23
D
jerry has title
24
C
at least 100 persons
25
C
january 1
26
B
creates a cloud on the title
27
A
the offeror
28
D
it is an interest which may be terminated at will by the possessor of the land
29
D
broker from the principal
30
C
check the by-laws and charter
31
D
deciduous
32
C
tittle VIII of the civil rights act of 1968`
33
B
commercial property
34
C
broker
35
B
buy additional land for development as subdivision
36
B
a balloon payment
37
C
economic life
38
B
the neighborhood in which the home is located
39
D
cash on hand
40
D
none of these
41
C
homestead
42
B
lave the apartment vacant and immediately sue mr.tan for the remaining 4 1/2 years rent
43
A
economic obsolescence
44
A
injunction
45
D
trustor to the trustee
46
C
an attachment lien is a general lien on all non-exempt real property in the county where it is recored
47
D
all of the above
48
D
a parcel 5,000 feet by 6,000 feet
49
D
acceleration clause
50
D
4 years
51
C
does not apply to a 6 year loan
52

53
D
type deposit receipts for the broker
54
D
any or all of the above
55
A
specific
56
A
turnover
57
A
joint tennancy
58
A
Death of listing agent
59
A
a person unable to prove his reputation of honesty, truthfullness, and integreity
60
A
3 years
61
C
less than the entire leasehold
62
A
third parites
63
B
a fence is removed by the owner from real property and piled on the property is still a real property
64
C
savings banks
65
A
a fee estate
66
C
health and safty code
67
C
FHA
68
B
area
69
D
vendee
70
D
any of the above
71
C
federal savings banks
72
B
an estate in fee simple
73
D
all of the above
74
B
constructive notice
75
C
ratification
76
B
after the court has approved teh terms of sale and the price
77
D
discounting
78
D
all of the above
79
D
patent
80
D
FHA
81
B
to make it a bilateral contract
82
D
trustor
83
C
loan value to the appraised value
84
A
cost
85
B
quarterly
86
C
prepaid rent
87
C
trustee
88
C
specific performance
89
B
5
90
C
expense of sale
91
B
lower
92
D
substitution
93
B
lien period has expired
94
C
purchasing order
95
B
interest on loan
96
B
effective gross income
97
B
$16,000.00
98
A
trustor to beneficiary
99
C
the acquisition for resale of 8 land contracts or 8 notes secured by trust deeds in one calendar year requires a license
100
D
none of the above
101
C
three years
102
C
minimum property requirement
103
A
dead end street
104
C
the maximum costs are limited by the Business and Profession Code
105
B
Constructive
106
B
state board of Equalization
107

108
C
incurable
109
C
Neither gain nor lose in the event of a claim
110
B
loan funds on better type porperties
111
A
1
112
D
none of the above
113
B
local health officer
114
C
leaking roof
115
D
security agreement
116
B
national association of real estate brokers
117
D
adjustable note
118
C
40 years
119
B
one year
120
B
borrowers
121
A
reserves
122
A
submit both offers and let the owner decide
123
D
b has a valid tittle
124
A
the lessor
125
A
industrial property vallued at $100,000
126
B
speculative value
127
B
on the purchase of a farm tractor
128
D
26%
129
B
earth fill
130
A
55'
131
A
an advantage of a metes and bounds description is its simplicity
132
C
selling price of comparable residences
133
D
an assignment
134
A
saving banks
135
D
grant deed
136
B
the financial condition and credit standing of the individual or company applying for the loan
137
D
none of the above
138
B
$22
139
C
the first statement is false and the secound statement is true
140
D
all of the above
141
B
ading it to his cost basis as a capital improvement
142
A
Americans with Disabilities Act
143
C
$837.00
144
D
all of them are correct
145
B
transfers to Mr. Sano
146
A
a seller may have to pay for all the points in order that the buyer may obtain an FHA loan
147
C
the band of investment theory
148
B
need not be recorded to convey title
149
C
directly to borrowers
150
D
either a or b