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28. On the Residential Purchase Agreement form, the “Final Verification of Condition” occurs:a. when the buyer first visits the property.b. during the final walk-through.c. by pest inspectors.d. all answers are correct.

69. A resident manager: a. lives on the property.b. may also be referred to as an on-site manager.c. may also be referred to as a building superintendent.d. all answers are correct.

38. Which of the following is NOT one of the three requirements for a valid escrow? a. Signed escrow instructionsb. Legal advicec. Neutral third party as an escrow companyd. Conditional delivery of funds and documents  

84. Which of the following is a lender’s extended coverage policy? a. CLTAb. ALTAc. RSPAd. None of the answers are correct

45. Which of the following is true concerning the Transfer Disclosure Statement (TDS)? a. It must be provided to prospective buyers by sellers of one- to four-residential units.b. A buyer has two years to sue an agent and seller for failure to make proper disclosures.c. The listing agent is not legally allowed to complete the entire statement.d. All answers are correct.

76. Regulations regarding the allowance of service dogs in rentals can be found under the: a. Rules of the Real Estate Commissioner.b. Americans with Disabilities Act.c. 4th Amendment to the Constitution.d. California Rental Law.

88. Most property owners move on an average of every: a. 6 to 8 months.b. 6 to 8 years.c. 20 to 30 years.d. 30 to 40 years.

97. Which of the following lenders makes the majority of its funds available for short-term, high-interest loans like credit cards and automobile loans? a. Savings banksb. Commercial banksc. Life insurance companiesd. None of the answers are correct

92. When selling real estate, the MOST effective form of communication is: a. direct contact (face-to-face).b. by letter (one-way).c. by telephone (two-way).d. none of the answers are correct.

63. The Real Estate Settlement Procedures Act (RESPA) covers the sale of: a. 16 or more units.b. one- to four-residential units.c. only income producing property.d. none of the answers are correct.