re 3
Terms
undefined, object
copy deck
- 1
-
C
a bill of sale - 2
-
C
title - 3
-
C
you, the buyer - 4
-
D
both - 5
-
B
30 days - 6
-
A
$750 - 7
-
C
requires a title insurance company not only to charge for a report, but also to make a sincere effort to collect - 8
-
C
vacant land - 9
-
C
subtract the cost of removing the worthless building from the current value of the lot - 10
-
A
in exchange for cash - 11
-
A
$20,000 - 12
-
A
economic life - 13
-
D
secret profit - 14
-
D
a written summary of the chain of title - 15
-
A
the division of the total commission that comes to a brokerage between the broker and a salesperson - 16
-
A
4,000 square feet - 17
-
A
set the proportional assessment the property owner will pay on - 18
-
D
net effect on income - 19
-
A
valid - 20
-
C
contract of money - 21
-
D
FHA - 22
-
B
the receiver of title is called the grantee - 23
-
C
an estate for years - 24
-
C
obtain the written consent of the seller - 25
-
B
endorsement - 26
-
D
net listings are encouraged in california, because they avoide conflicts of interest in the agency relationship - 27
-
D
anything that effects or limits or burdens the title to property - 28
-
B
$97,100 - 29
-
C
the interest paid on the loan - 30
-
B
outside dimensions of a house - 31
-
C
10% - 32
-
C
a recorded deed is presumed delivered and accepted - 33
-
B
exclusive agent for the buyer informing buyer that the seller will accept lss - 34
-
A
three months after a notice of default is recorded - 35
-
B
$67,826 - 36
-
C
the promissory note is the instrument used to bring a deficiency action to court - 37
-
A
pprinciple of progression - 38
-
D
both b and c - 39
-
B
20 -
40
which of the following dimmensions is equivalent to an acre? -
D
all of the above
180' x 242'
1/640 of a section
43,560 square feet - 41
-
C
a corporation leasing 3 or more of its own properties - 42
-
A
a negotiable insturment - 43
-
A
assume the trust deed an note - 44
-
C
tort - 45
-
A
the property has already been sold and the escrow has closed - 46
-
C
land contract - 47
-
D
contract of pledge - 48
-
C
a wall with no windows or doors - 49
-
D
all of the above - 50
-
D
torrens title insurance - 51
-
B
loan funds on new construction and better type properties - 52
-
D
management costs - 53
-
D
it should be considered prior to remodeling - 54
-
C
return the deposit to the buyer - 55
-
D
assessed value - 56
-
B
based on capitalization of net income - 57
-
C
a sovereign grant - 58
-
C
limited partnership - 59
-
B
a court proceeding to sever a joint ownership - 61
-
D
no further notice is required because he has complied with both laws governing subdvided lands - 62
-
A
purchase price - 63
-
B
worth - 64
-
B
trustor - 65
-
A
1991 - 66
-
A
never - 67
-
D
all of the above - 68
-
B
for the benefit of the trustor and the beneficiary - 69
-
B
notify the buyer and sell and obtain written insturctions as which report to use - 70
-
C
a liability - 71
-
A
o - 72
-
D
a property tax bill for real property - 73
-
A
dominant tenement - 74
-
D
department of fair employment and housing - 75
-
D
functional obsolescence - 76
-
B
5 acres - 77
-
B
a section contains one square mile - 78
-
B
lessee - 79
-
A
private lenders - 80
-
C
unruh civil rights act - 81
-
D
dividing the verified sales price of the property by the gross monthly rental - 82
-
B
sections 12,24,14,11 and 23` - 83
-
D
signs the note as maker - 84
-
D
tittle VIII, civil rights act of 1968 - 85
-
C
selling price of comparable residences - 86
-
B
is shorter than its physical life - 87
-
B
reporduction - 88
-
B
99 years - 89
-
C
theory of surplus productivity - 90
-
D
any of the above - 91
-
C
the uniform commercial code - 92
-
A
the lien period has expired - 93
-
A
16-2/3% - 94
-
B
rent - 95
-
C
in community property - 96
-
B
an encroachment - 97
-
B
3 days - 98
-
D
a unilateral rescission - 99
-
C
in severalty - 100
-
B
ajoinment at there borders by the dominant and servient tenement - 101
-
D
vallid - 102
-
B
make sure that conditions an terms are met prior to the settlement of the transaction - 103
-
D
must disclose the planned freeway whether the prospect asks or does not ask - 104
-
B
date of recording - 105
-
A
Cal-Vet Financing - 106
-
C
four months - 107
-
C
political obsolescence - 108
-
B
U.S Rectangular survey - 109
-
D
segregate - 110
-
A
length of residency in california - 111
-
B
be given to the client - 112
-
D
none of the above - 113
-
A
appurentance - 114
-
C
estate for years - 115
-
D
the listing broker - 116
-
A
percentage lease based on the gross income with a minimum rental guarantee and the lessee to pay the taxes - 117
-
A
investigate as the law requires - 118
-
B
need not be recorded to convey title - 119
-
A
an outline of porcedures by which an office operates - 120
-
D
all of the above - 121
-
D
zoning limitations - 122
-
D
consideration - 123
-
C
land contract - 124
-
B
closely aligned pillars inside of a store - 125
-
B
stock in a mutual water company - 126
-
B
provide evidence of the change of title or transfer of interest - 127
-
B
fraudulent misrepresentation - 128
-
B
anchor bolt - 129
-
C
$147.000 - 130
-
B
appraisers - 131
-
A
the broker who is the procuring cause - 132
-
D
utility, scarcity, demand, and transferability - 133
-
B
he acts in excess of the terms of his contract - 134
-
D
tenants in common - 135
-
B
the institute of real estate management - 136
-
C
a contract to offer to sell - 137
-
C
leverage - 138
-
D
be color blind - 139
-
A
broker and seller for using fraudulent statements - 140
-
C
trustor - 141
-
A
1 - 142
-
C
vacancy factor - 143
-
A
the desirability and usefulness of the porperty are such that it would be easily marketable at the asked price - 144
-
A
homesteading - 145
-
D
no, water company stock runs with the land - 146
-
D
none of the above - 147
-
B
april 15 - 148
-
D
none of the above - 149
-
B
buyer - 150
-
B
principal of substitution