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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 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.                 b.  construction.               c.  home improvement. d.  all answers are correct.

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.

48. What must a potential listing agent do if a seller requires the agent to discriminate? a.  Discriminate   b.  Charge a higher commission          c.  Refuse the listing d.  Make a citizen’s arrest

92. The most common reason to terminate a lease or rental agreement is: a.  condemnation.           b.  unlawful detainer.      c.  expiration of the term. d.  destruction of the premises.

44. The most difficult part of the cost approach is: a.  finding a lender.                     b.  determining depreciation of older buildings.                     c.  finding an experienced appraiser. d.  all answers are correct.

89. FHA-backed loans: a.  generally have lower interest rates than conventional loans.                b.  generally have higher interest rates than conventional loans.              c.  generally have lower loan-to-value ratios than conventional loans. d.  are available only to veterans.

2. Who makes an offer on a property that is for sale? a.  Seller’s agent b.  Offeree (Seller)          c.  Offeror (Buyer) d.  All answers are correct

100.  The Safe Act requires all persons/entities performing acts such as mortgage loan originators to be registered with and/or licensed through the: a.  Securities and Exchange Commission(SEC). b.  Consumer Protection Bureau(CPB). c.  Nationwide Mortgage Licensing System and Registry (NMLS/NMLS&R). d.  all answers are correct.