1. What are the 2 main types of Deeds?Under what circumstance do you use them.Who are the parties? What warranties are implied with each of the types? (20 points)
2. What are five types of concurrent ownership? List and define what the requirements for each one are. (20 points )
3. What are the two types of escrow process? What are the differences between the two. Which area of the state are each of the processes used. (20 points )
4. What is a proration? What is a Debit? What is a Credit? Pleaseprovide an accountingsample.(20 points )

5. Define escrow, who is involved andwhat happens in the process(20 points)

California Real Estate Escrow and Title