Legal Aspects of Real Estate Ch. 9
Conveyances and Disclosures UPDATED
ACTUAL Exam Questions and CORRECT
Answers
What written disclosure is required when a property is located within one mile of an area
previously used for military training? - CORRECT ANSWER - A Military Ordinance
Location Disclosure
How many days does a buyer have to conduct a lead-based paint inspection in a sales
transaction? - CORRECT ANSWER - 10
When the transfer of title to real estate uses a written instrument, the transfer is called -
CORRECT ANSWER - conveyance
What prevents a person from claiming a right or interest that is inconsistent with the person's
previous statements or acts? - CORRECT ANSWER - Estoppel
What is a legal written instrument used by an owner to transfer title to real estate voluntarily to
another party? - CORRECT ANSWER - A deed
What does California law require the delivery of, before the transfer of title, on homes built
before January 1, 1960, that are one-to-four units? - CORRECT ANSWER -A
Homeowner's Guide to Earthquake Safety
When a licensee completes a TDS, the three main areas he or she will visually inspect includes
the exterior of the property, the interior of the property and - CORRECT ANSWER -
environmental hazards.
What is a court proceeding that generally settles a descendant's estate, whether the person has
died testate or intestate? - CORRECT ANSWER - Probate
Conveyances and Disclosures UPDATED
ACTUAL Exam Questions and CORRECT
Answers
What written disclosure is required when a property is located within one mile of an area
previously used for military training? - CORRECT ANSWER - A Military Ordinance
Location Disclosure
How many days does a buyer have to conduct a lead-based paint inspection in a sales
transaction? - CORRECT ANSWER - 10
When the transfer of title to real estate uses a written instrument, the transfer is called -
CORRECT ANSWER - conveyance
What prevents a person from claiming a right or interest that is inconsistent with the person's
previous statements or acts? - CORRECT ANSWER - Estoppel
What is a legal written instrument used by an owner to transfer title to real estate voluntarily to
another party? - CORRECT ANSWER - A deed
What does California law require the delivery of, before the transfer of title, on homes built
before January 1, 1960, that are one-to-four units? - CORRECT ANSWER -A
Homeowner's Guide to Earthquake Safety
When a licensee completes a TDS, the three main areas he or she will visually inspect includes
the exterior of the property, the interior of the property and - CORRECT ANSWER -
environmental hazards.
What is a court proceeding that generally settles a descendant's estate, whether the person has
died testate or intestate? - CORRECT ANSWER - Probate
