84. A fee estate that is subject to particular limitations imposed by the grantor of the estate is called. a. a restricted fee estate. b. an imperfect fee estate. c. a fee simple defeasible estate d. none of the answers are correct.
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71. In a trust deed, the beneficiary is the: a. escrow. b. …
71. In a trust deed, the beneficiary is the: a. escrow. b. third party. c. lender. d. borrower’s spouse.
78. Which of the following would best describe an open listi…
78. Which of the following would best describe an open listing? a. Bilateral contract b. Illegal in California c. Nonexclusive d. Exclusive
64. In real estate, the person who acts for and with the aut…
64. In real estate, the person who acts for and with the authority of another is called a(n): a. agent. b. principal. c. buyer. d. third party.
80. The “Purchase Agreement Package” includes which of the f…
80. The “Purchase Agreement Package” includes which of the following forms? a. Disclosure Regarding Real Estate Agency Relationship (AD) b. Buyer’s Inspection Advisory (BIA) c. Wire Fraud and Electronic Funds Transfer Advisory (WFA) d. All of the answers are correct
93. Which of the following is NOT usually prorated in escrow…
93. Which of the following is NOT usually prorated in escrow? a. Rents b. Title insurance c. Property taxes d. Interest
41. Of the following, who is permitted to purchase property…
41. Of the following, who is permitted to purchase property in California without court approval? a. Convicts b. Minors c. Incompetents d. Foreign persons (aliens)
75. How many square feet are in an acre? a. 345 b. …
75. How many square feet are in an acre? a. 345 b. 100,000 c. 435 d. 43,560
100. The bottom portion lining a doorway or window is the: a…
100. The bottom portion lining a doorway or window is the: a. joist. b. sill. c. ridge board. d. flashing.
91. Real property subject to a lien is referred to as: a. a…
91. Real property subject to a lien is referred to as: a. attached. b. restricted. c. encumbered. d. all of the answers are correct.