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48. The amount of money paid for the use of a property is known as: a.  booty. b.  rent. c.  dues. d.  fees.

36. The disclosure that reminds buyers and sellers of the importance of investigating a property before the sale is known as the: a.  Disclosure Regarding Agency Relationship. b.  Statewide Buyers and Seller Advisory. c.  National Hazard Disclosure. d.  None of the answers are correct.

35. When a person misrepresents a material fact, knowing that it is not true, or is carelessly indifferent to the truth of the stated facts, it is known as: a.  puffing. b.  lying. c.  fraud. d.  none of the answers are correct.

4. The area of a rectangular lot that is 50 feet wide by 100 feet deep is: a.  2,500 sq. ft.           b.  500 sq. ft.        c.  5,000 sq. ft. d.  50,000 sq. ft.

28. An authorization to sell a property which may be given to several brokers, or the property may be sold by the owner, is called: a.  free-for-all. b.  non-exclusive listing. c.  general property listing. d.  open listing.

45. If a tenant does NOT leave after the expiration of the lease and retains possession, what has occurred? a.  Hostage possession b.  Reversionary right c.  Estate at sufferance d.  None of the answers are correct

31. A contract to employ a broker as an agent, to do certain things for the owner/seller, is known as a(n): a.  employment contract. b.  power of attorney. c.  listing. d.  agency.

41. You promise to pay a painter $2,000 to paint your house and the painter agrees to do it.  What type of contract is formed? a.  Unilateral contract b.  Implied contract c.  Void contract d.  Bilateral contract

42. In a contract, anything of value given by one party to another party to make the agreement binding is known as: a.  a gift. b.  consideration. c.  a deposit. d.  none of the answers are correct.

26. Real estate laws in California apply to: a.  1- to 4-unit residential property. b.  commercial property. c.  vacant land. d.  all answers are correct.