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colibri real estate law Questions with Detailed Verified Answers (100% Correct Answers) /Already Graded A+

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colibri real estate law Questions with Detailed Verified Answers (100% Correct Answers) /Already Graded A+colibri real estate law Questions with Detailed Verified Answers (100% Correct Answers) /Already Graded A+

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colibri real estate law Questions with Detailed
Verified Answers (100% Correct Answers) /Already
Graded A+
Quiz: 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.

Ans: each party gathers information from each other and third parties.



Quiz: 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

Ans: Senior discount



Quiz: 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

18:36:59

,The zoning committee

Ans: The HOA



Quiz: 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 survey

A boundary survey

Ans: A house location survey



Quiz: 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

Ans: A general lien




Examstudy - Stuvia US

,Quiz: 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

Ans: Novation



Quiz: 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.

Ans: protect the client's interest.



Quiz: 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



Examstudy - Stuvia US

, Ans: Unity of Origination



Quiz: The collection of Roman law contributed the model for which

type of law?

Civil law

Criminal law

Case law

Common law

Ans: Civil law



Quiz: What term, in the California Civil Code addressing mobile home

residency, describes the right of a homeowner to use the site within a

mobile home park?

Leasehold

Specific use

Tenancy

Propriety

Ans: Tenancy



Quiz: Who serves as the chief executive of the Department of Real

Estate in California?

The CEO of CalDRE

The California Real Estate Commissioner

Examstudy - Stuvia US

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