Colibri Real Estate Law Questions & Answers | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version

The discovery step of civil cases is where the parties use a mediator. the complaint is filed. each party presents their case. each party gathers information from each other and third parties. - each party gathers information from each other and third parties. What phrase could a licensee use in advertising that would not discriminate on the basis of familial status? Couples only Empty nesters No bicycles allowed Senior discount - Senior discount Who is charged with the responsibility of making sure that owners do not use their property in a way that will harm the public? The Real Estate Commission The HOA The government The zoning committee - The HOA What type of residential survey, also called a drive-by survey, is designed to show the location of the house and other large structures on the property? A house location survey A cadastral land survey A site surveyA boundary survey - A house location survey What type of lien is one placed against any and all real and personal property owned by a particular debtor? A specific lien A general lien A senior lien A junior lien - A general lien What describes when a borrower requests that the lender replace him or her on the loan instrument with a new buyer who must go through a process of full substitution? Restoration Novation Successor Renewal - Novation When working with any client, the broker's job is to protect the broker's interest. protect the client's interest. get the best price. establish a good rapport. - protect the client's interest. In creating a joint tenancy, there are four unities. Which of the following is NOT one of the four? Unity of Time Unity of Possession Unity of Interest Unity of Origination - Unity of Origination