REE Ch. 14 Q's Practice EXAM PREP ALREADY PASSED

REE Ch. 14 Q's Practice EXAM PREP
ALREADY PASSED
All new construction requires


- A land survey


- A property inspection


- A certificate of occupancy


- A certificate of completion - =A certificate of occupancy


How is the Lawyer's Fund financed?


- Attorney registration fees


- Attorney fines


- State taxes


- Client charges - =Attorney registration fees


Which of the following is not a sufficient property description for many contracts?


- Street address


- Survey

, - Subdivision plat map


- Tax map - =Street address


How does the Lawyer's Fund help legal clients?


- The Fund provides money for attorney fees for low-income clients


- The Fund pays title research fees so clients obtain clear titles


- The Fund pays claims based on illegal practices by real estate brokers


- The Fund reimburses losses caused by attorney misconduct - =The Fund reimburses losses
caused by attorney misconduct


Agency disclosure forms were first required for cooperatives in


- 2008


- 2009


- 2010


- 2011 - =


An attorney review clause


- tells all parties that the preprinted forms have been approved by an attorney