67. What is NOT one of the four unities involved in the establishment of a joint tenancy? a. Conveyance b. Title c. Time d. Interest
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94. A clause allowing an owner to continue using property in…
94. A clause allowing an owner to continue using property in a way that is now prohibited by new zoning is called: a. a conditional use permit. b. police power. c. a grandmother clause. d. a grandfather clause.
HIE is: __________________.
HIE is: __________________.
52. An emancipated minor: a. has legal capacity. b. …
52. An emancipated minor: a. has legal capacity. b. is always emancipated. c. can acquire property. d. all answers are correct.
77. When a lessee (tenant) pays property taxes, insurance, a…
77. When a lessee (tenant) pays property taxes, insurance, and operating expenses, it is called a: a. graduated lease. b. gross lease. c. net lease. d. all answers are correct.
73. In a trust deed, the trustee is the: a. third (disinte…
73. In a trust deed, the trustee is the: a. third (disinterested) party. b. lender. c. borrower. d. state controller.
69. Which of the following is true regarding joint tenancy?…
69. Which of the following is true regarding joint tenancy? a. Joint tenants have the right of “survivorship” b. A joint tenancy can be willed c. The surviving joint tenant is responsible for unsecured debts d. None of the answers are correct
11. A zoning act that requires disclosure of a property’s vi…
11. A zoning act that requires disclosure of a property’s vicinity to hazardous earthquake faults is known as the: a. San Andreas State Earthquake Act. b. California Coastal Act. c. Alquist-Priolo Special Studies Zones Act. d. None of the answers are correct.
79. Banks will make loans for: a. first trust deeds. …
79. Banks will make loans for: a. first trust deeds. b. construction. c. home improvement. d. all answers are correct.
31. Rental agreements are designed for estates: a. from pe…
31. Rental agreements are designed for estates: a. from period-to-period. b. for no more than 10 years. c. in escrow. d. any of the answers are correct.