100% Correct Answers
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. - correct answers ✔✔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 - correct answers ✔✔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 - correct answers ✔✔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 survey
A boundary survey - correct answers ✔✔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 - correct answers ✔✔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 - correct answers ✔✔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. - correct answers ✔✔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 - correct answers ✔✔Unity of Origination
The collection of Roman law contributed the model for which type of law?
Civil law
Criminal law
Case law
Common law - correct answers ✔✔Civil law
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 - correct answers ✔✔Tenancy
Who serves as the chief executive of the Department of Real Estate in California?
The CEO of CalDRE
The California Real Estate Commissioner
The California Executive Branch
The Chief Executive Officer of California - correct answers ✔✔The California Real Estate
Commissioner
What have lenders established to protect borrowers from unlimited increases in the interest
rate?
Mortgage caps