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69. If a property is to be returned to the grantor after a life estate is terminated, it is referred to as a(n): a.  estate for years.           b.  estate in remainder.             c.  life estate.          d.  estate in reversion.

10. Which of the following is NOT one of the forces that affect the value of a neighborhood? a.  Past sales considerations                  b.  Economic considerations                             c.  Physical considerations    d.  Social considerations

58. An agency is terminated by operation of law when: a.  the agency agreement expires.      b.  the broker or seller dies.       c.  the property is destroyed. d.  all of the answers are correct.

36. The term “EER” is used to measure: a.  water purity.                                                                b.  credit rating.                                                                c.  water pressure. d.  energy efficiency (the higher the better).

17. The California Department of Veteran’s Affairs loan program is commonly known as the: a.  CalVet Program.                 b.  FHA.                c.  California VFW Program. d.  VA.

6. Misuse of the real estate appraisal report or coercion of the appraiser are now: a.  misdemeanors.                                                                           b.  federal felonies.                                                              c.  infractions. d.  none of the answers are correct.

24. Which of the following is FALSE concerning a grant deed? a.  The key word is “grant.”               b.  It is signed only by the grantee.      c.  It is considered executed when signed by the grantor. d.  Grant deeds contain implied warranties.

47. Prior to receiving communication of its acceptance, a buyer can withdraw an offer: a.  in writing.         b.  personally.      c.  by registered mail. d.  all of the answers are correct.

22. You are a landlord who discovers that one of your tenants is having new carpet installed in his apartment without your consent. To protect yourself, you should file a(n): a.  cease and desist order.        b.  mechanic’s lien.         c.  unlawful detainer action. d.  notice of non-responsibility.

3. Escrows base monthly prorations on how many days? a.  28         b.  29         c.  30 d.  31