Question
When an agent violates antidiscrimination regulations, the Real Estate Commissioner can: a. Sue for damages b. File a criminal action c. Revoke a license 2.Which
- When an agent violates antidiscrimination regulations, the Real Estate Commissioner can:
a. Sue for damages
b. File a criminal action
c. Revoke a license
2.Which of the following is NOT appurtenant or incidental to the land
a.An easement
b.Reasonable airspace
c.A picked crop
3.Which of the following best describes the requirements to acquire title by adverse possession?
a. Hostile, continuous use, pay mortgage, open and notorious
b. Color of title, continuous use, pay property taxes, hostile
c.Permission, color of title, pay property taxes, open and notorious
4.A valid deed passes title when it is:
a. Recorded
b. Delivered and accepted
c. Acknowledged
5.Which of the following is not required for a deed to be valid?
a. Granting clause
b. Date
c. Must be in writing
6.Chang deeds to Lopez and Lopez takes possession but does not record the deed. Chang then tells his friend Jones about the deed to Lopez. Chang then deeds the same property to Jones, who records the deed. Based on this information, title probably vests in:
a. Lopez
b. Jones
c. Both Lopez and Jones
7.A couple recently married and each person had children from aprevious marriage. They wish to take title to property so that they can pass their share to their own children by will. The best form of title from the choices below would be:
a. Severalty
b. Community property
c. Tenancy in whole
8.Which of the following two terms do not go together?
a. Joint tenancy - unity of title
b. Tenants in common - right of survivorship
c. Tenants in common - unequal interests
9.In which one of the following ways are joint tenancy and community property similar?
a. Title can only be held by husband and wife
b. All owners have the right to will their interest in the property
c. Ownerhip shares are equal
10.All of the following are true,EXCEPT:
a. A violation of a condition in a deed may cause loss of title
b. A suit for removal of an encroaching fence must be brought within 10 years from the date of encroachment
c. Easements can be eliminated when the dominant tenement deeds to the servient tenement
11.If an owner files a proper Notice of Completion in the County Recorder's office, the original contractor has 60 days in which to file a lien. How many days all other unpaid contractors have to file a lien?
a. 30 days
b. 60 days
c. 80 days
12.Ms. Bee showed Mr. Jack's Candlestick Lane property to Mr. Nimble & Ms. Quick without having an agency with Jack. Later Jack quickly accepted the offer to purchase, which was submitted by Bee on behalf of Nimble & Quick. Jack, Bee, Nimble and Quick jumped over the Candlestick agency hurdles and successfully closed escrow in just three days for all cash. Jack consented to Bee's unauthorized acts. Under these circumstances, an agency could be created by:
a. Fiduciary
b. Assumption
c. Ratification
13.A real estate broker states that the subject property conforms to all building codes, which is what the Seller told her. In fact, a bedroom was added without a permit. This is an example of:
a. Misrepresentation
b. Acting in a legal manner, since she was innocently repeating what the Seller told her
c. False promise
14.According to real estate law, for supervising purposes, the relationship between a salesperson and a broker is most similar to:
a. Independent Contractor
b. Employer-employee
c. Ostensible
15.Receiving a commission from both the buyer and seller without full disclosure and approval is:
a. Legal
b. Unenforceable
c. Illegal
16.An executed contract is a contract that is:
a. Signed
b. Completed
c.Recorded
17.Which of the following isNOTto be a part of the bundle of right? The right to:
a.Own property
b. Pay taxes
c.Encumber
18.Recording of a deed gives:
a.Actual notice
b. Constructive notice
c. Physical notice
19.According to the Statute of Limitations, a party must initiate a lawsuit within stipulated time periods. Which of the following isNOTa legally prescribed period according to this Statute?
a. 180 days after filing a mechanic's lien, the mechanic must bring a court foreclosure to enforce the lien
b. 3 years to bring an action for removal of encroachments
c. 5 years to bring an action for recovery of title to property
20.An owner gives Rapid Realty an exclusive right to sell listing for 90 days. Thirty days later the owner finds a buyer and seller the property with the services of Rapid Realty. The:
a. Owner owes Rapid Realty a commission
b. Owner does not owe a commission
c. Sale is voidable
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