Real Estate Principles Quiz
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Real Estate Principles Final Exam UNIT 12 - REAL ESTATE FINANCING... Chapter 4: Fair Housing Laws (Study... Real Es
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Terms in this set (38) Hide definitions
The homestead exemption applies to owner occupied A. Any of these
dwellings that include which of the following?
A. Any of these
B. House and land including condominiums
C. Mobile home and land
D. Boat
A license to act as an escrow agent can be held only by a A. Corporation
A. corporation
B. partnership
C. trust company
D. limited liability company
In a township, the section north of Section 10 is A. Section 3
A. Section 3
B. Section 7
C. Section 12
D. Section 22
, A real estate brokerage can operate as A. Any of these
A. any of these
B. sole proprietorship
C. corporation
D. partnership
A planned development consists of B. individually owned parcels as well as areas owned in common
A. individually owned properties with no common area
B. individually owned parcels as well as areas owned in
common
C. exclusive ownership of the airspace in a particular unit
plus an interest in common in the land and structure
D. Stock in a corporation that holds title to the property
and a right of exclusive occupancy in a particular unit.
In every agency relationship there are A. a principal, an agent, and a third person
A. a principal, an agent, and a third person
B. an agent, a subagent, and a customer
C. a dual agent, a third party, and a broker.
D. a broker, a salesperson, and a client
For a federally related residential mortgage loan, the D. the Closing Disclosure form
lender must give the borrower
A. a transfer disclosure statement form
B. an agency disclosure
C. a copy of the completed loan application
D. the Closing Disclosure form
When a salesperson changes employment from one D. the former employing broker must notify CalBRE immediately, in writing.
broker to another, the old/new employing broker must?
A. the new employing broker doesn't have to do anything
B. the salesperson must send his license certificate to
Sacramento
C. the salesperson must immediately file a certified
written statement of why he or she left
D. the former employing broker must notify CalBRE
immediately, in writing.
Zoning is a law or ordinance specifying the possible uses B. City or county government
of property imposed by
A. state government
B. city or county government
C. federal government
D. any of these
A man and a woman have two adjoining parcels of land. A. License
The man gives the woman a written, revocable,
nonexclusive right to cross over his land as a short cut to
his rear yard. What is this right called?
A. license
B. Prescriptive easement
C. Easement appurtenant
D. Easement in gross
Leave the first rating
Students also studied
Flashcard sets Study guides
Real Estate Principles Final Exam UNIT 12 - REAL ESTATE FINANCING... Chapter 4: Fair Housing Laws (Study... Real Es
100 terms 35 terms 20 terms Teacher
Layla_Armouchian Preview sweetdarkangel Preview P ricardo_lyons Preview Log
Terms in this set (38) Hide definitions
The homestead exemption applies to owner occupied A. Any of these
dwellings that include which of the following?
A. Any of these
B. House and land including condominiums
C. Mobile home and land
D. Boat
A license to act as an escrow agent can be held only by a A. Corporation
A. corporation
B. partnership
C. trust company
D. limited liability company
In a township, the section north of Section 10 is A. Section 3
A. Section 3
B. Section 7
C. Section 12
D. Section 22
, A real estate brokerage can operate as A. Any of these
A. any of these
B. sole proprietorship
C. corporation
D. partnership
A planned development consists of B. individually owned parcels as well as areas owned in common
A. individually owned properties with no common area
B. individually owned parcels as well as areas owned in
common
C. exclusive ownership of the airspace in a particular unit
plus an interest in common in the land and structure
D. Stock in a corporation that holds title to the property
and a right of exclusive occupancy in a particular unit.
In every agency relationship there are A. a principal, an agent, and a third person
A. a principal, an agent, and a third person
B. an agent, a subagent, and a customer
C. a dual agent, a third party, and a broker.
D. a broker, a salesperson, and a client
For a federally related residential mortgage loan, the D. the Closing Disclosure form
lender must give the borrower
A. a transfer disclosure statement form
B. an agency disclosure
C. a copy of the completed loan application
D. the Closing Disclosure form
When a salesperson changes employment from one D. the former employing broker must notify CalBRE immediately, in writing.
broker to another, the old/new employing broker must?
A. the new employing broker doesn't have to do anything
B. the salesperson must send his license certificate to
Sacramento
C. the salesperson must immediately file a certified
written statement of why he or she left
D. the former employing broker must notify CalBRE
immediately, in writing.
Zoning is a law or ordinance specifying the possible uses B. City or county government
of property imposed by
A. state government
B. city or county government
C. federal government
D. any of these
A man and a woman have two adjoining parcels of land. A. License
The man gives the woman a written, revocable,
nonexclusive right to cross over his land as a short cut to
his rear yard. What is this right called?
A. license
B. Prescriptive easement
C. Easement appurtenant
D. Easement in gross
