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33. Which of the following statements is true regarding Transaction Coordinators? a.  They organize forms.         b.  They organize disclosures               c.  They are often paid per transaction d.  All answers are correct

88. Which of the following is NOT a test to determine whether an item is a fixture? a.  Adaptability                     b.  Date of purchase                  c.  Intention d.  Agreement

12. The higher your credit score: a.  the greater your chance of default. b.  the better your interest rate and loan terms. c.  the greater the possibility you will file a bankruptcy. d.  none of the answers are correct.

3. The process of proportionally dividing rents, property taxes, and fire insurance is called: a.  subdividing.    b.  title splitting.    c.  proration. d.  escrow debiting.

29. The Real Estate Commissioner: a.  replaces a court of law.                   b.  gives legal advice.                 c.  enforces the Real Estate Law. d.  all answers are correct.

23. Installment sales and exchanges have as their primary purpose: a.  tax postponement.                b.  passing property to heirs.     c.  tax deduction. d.  none of the answers are correct.

73. The acronym “CLTA” stands for: a.  California Landlord Tenant Association.    b.  California Land Title Association.   c.  Community Lease Transaction Account. d.  California Land Tax Association.

94. The “Pest Control Inspection Report and Certification” is also called the: a.  structural damage inspection.                     b.  foundation condition inspection.             c.  termite inspection. d.  none of the answers are correct.

97. What is the term used when a person leasing a property remains after the expiration of the stated term? a.  Estate for years          b.  Estate from period-to-period c.  Estate at will d.  Estate at sufferance

27. A condominium does NOT have: a.  a separate grant deed.         b.  a separate trust deed. c.  private ownership of land and improvements. d.  a separate tax bill.