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150 Cards in this Set

  • Front
  • Back
1
D
voluntary alienation
2
D
description of the physical property
3
D
all of the above
4
B
Department of Veterans Affairs
5
C
equal ownership inerests
6
D
an outline of the procedures under which an office operates
7
B
board of supervisors
8
D
all of the above
9
D
r3
10
A
gross rental minus operating expenses minus payments on principal and interest
11
A
tort
12
B
appraising
13
D
none of the above
14
D
a blind ad
15
C
writ of execution
16
B
fingerprinted for the department of real estate
17
A
new properties
18
A
pro rata
19
B
$200,000
20
D
both d and c are correct
21
D
lessor
22
A
valid
23
B
in a foreclosure sale the priority of a holder of a mechanic's lien over a holder of a trust deed or mortgage lien would be established by the date and time of recording of the respective liens
24
B
information about a deed of trust with mia as trustor
25
D
quiet enjoyment
26
B
a temporary loan made on a borrower's equity in his or her home
27
D
reproduction cost
28
B
availability of interested buyers
29
C
obtain a statement from each tenant as to the amount of rent he pays
30
D
long term loan taken out after construction
31
D
none of the above
32
D
in any of the above ways
33
B
history of payments on the note
34
C
estate in fee
35
A
estate in fee
36
D
there is no penalty
37
D
any of the above
38
D
sales
39
C
fee simple defeasible
40
A
all of the following
41
C
metes and bounds
42
B
an estate for years
43
B
trustor
44
D
its bundaries are rang and township lines
45
C
an employee of a corporation buying property
46
B
eminent domain
47
C
it would be actual fraud
48
D
the availabilty of loan funds
49
B
signatures from both the lessor and the lessee
50
D
all of the above
51
B
contract of conveyance
52
C
zoning ordinance vary from city to city: however, the symbol R-3 generally refers to recreational use of property
53
B
$56.25
54
B
the amount of two months rent
55
B
the maker of the note
56
A
unilateral act and its legal consequences
57
C
chain of title
58
A
adverse possession
59
C
acquisition
60
B
producing the greatest net return on the investment over a given period of time
61
B
there is a valid lease, as lessee had moved in and paid 2 months rent
62
B
no the close of escrow
63
B
two years
64
D
a variable interest rate loan
65
B
tender
66
B
the bank could obtain a deficiency judgment against the father
67
C
floor joists and ceiling joists
68
A
$50,000
69
C
voidable
70
C
the brokers name
71
B
trustee
72
D
bearing walls sagging beyond a 30 degree angle is an example of physical dererioration-inucrable
73
D
any of the above
74
B
economic obsolenscence
75
A
$2,400
76
A
the local tax assessor appraises all real property in the county for the purpose of setting the assesseed value
77
D
maxumum interest obtainable
78
D
foreclosure by trustte's sale to recorver the 5 grandq
79
D
8 board feet
80
B
a loan recorded after a first trust deed
81
D
mortgage
82
B
promissory note
83
B
5 acres
84
D
both a and b
85
C
trust funds
86
D
hip roof
87
A
highest and best use
88
A
trustor
89
D
profit and loss statement
90
B
health department
91
B
lender
92
A
estate in fee
93
A
140 feet
94
B
comon ownership
95
D
a definite expiration date
96
C
40 acres
97
D
all of the above
98
A
a chain grocery store
99
A
beneficiary
100
B
structural pest control board
101
A
1/6 of a section
102
D
fictitious deed of trust
103
D
worth
104
D
insurance company
105
D
may bring court action against the community estate
106
A
I divided by R = V
107
C
c and w have tennancy in common
108
D
a deed of trust
109
C
completely and fully performed
110
D
all of the above
111
D
death or insanity of either party after acceptance
112
D
all of the above are correct statements
113
C
an agreement not to record
114
A
homestead
115
B
promissory note
116
A
renting the property
117
D
any of these
118
C
VA
119
C
$4.60
120
C
a document being executed by a corporation of which he is an employee but he has no personal interest in the transaction
121
D
40
122
C
360 days
123
B
buyer
124
C
financial arrangements to insure the completion of community facilities
125
D
live on the property
126
C
department of fair employment and housing
127
B
an expense of sale
128
D
all of the above
129
B
the proportion of tax to be paid by the property owner
130
A
$20,780
131
D
deceased
132
A
multiply the principal by 0.0006
133
D
listing
134
D
in any of the above ways
135
C
novation
136
C
sole plate
137
A
$18,229.86
138
C
expiration of time period of escrow
139
C
zoning regulations
140
B
the first statement is true and the secound statement is false
141
C
2 miles square
142
B
would make an increase in your adjusted cost basis
143
D
bringing a court action
144
A
forgery
145
B
streets and canals
146
C
25%
147
B
he can pay more than $118,000 and use his G.I. benefits but must pay cash for the excess above the &118,000
148
C
erosion
149
B
may be deducted from his taxes
150
B
principal