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부동산

Chapter 3 Quiz

2019.04.13 18:28 Views : 330

1 of 10 - When must a listing agent present the Disclosure Regarding Real Estate Agency Relationships to the seller?
Prior to bringing an offer to purchase.
 
Prior to accepting the listing.
 
As soon as possible.
Prior to conducting any showings.
You answered incorrectly
According to California Code, the listing agent must provide the agency relationship disclosure to the seller prior to securing the listing agreement.
2 of 10 - The principles of an agency relationship include all of these factors except which one?
Mutual consent
 
Authorization
 
Compensation
Fiduciary duties
You answered incorrectly
An agency relationship is not dependent upon compensation and may exist without compensation. It must, however, include mutual consent, authorization, and fiduciary duties.
3 of 10 - Which booklet is not part of the Combined Hazards Book?
The Residential Environmental Hazards Guide
Protect Your Family From Lead In Your Home
The Homeowners Guide to Earthquake Safety
 
Consumer Guide to Disclosure for Buyers
You answered correctly
4 of 10 - If an agent does not comply with the requirement of conducting a visual inspection of a property, how long after possession does the buyer have to file a suit?
6 months
12 months
 
24 months
36 months
You answered correctly
5 of 10 - Which disclosure is required by the Real Estate Settlement Procedures Act?
 
Good faith estimate
Rights regarding discrimination
Transfer of the loan collection
 
All of the above
You answered incorrectly
RESPA requires that borrowers receive a good faith estimate of closing costs within 3 days of loan application for federally-related loans. This disclosure is provided by the lender or mortgage broker.
6 of 10 - Which disclosure form gives detailed information about the property's condition?
 
Real Estate Transfer Disclosure Statement
Agency Disclosure
Natural Hazard Disclosure Statement
 
Mello-Roos Report
You answered incorrectly
The Real Estate Transfer Disclosure Statement includes information on items contained in the home and whether they are operational, significant defects or malfunctions in the home, and other items such as environmental hazards, alterations, easements, etc.
7 of 10 - Agent Paul is bound to inform his client of all facts that might affect the client's interests -- both what Paul knows and what he "should have known." Which of these situations would not be something Paul "should know"?
There is a crack in the basement wall.
 
The owner of the property is HIV positive.
The air conditioner does not work.
The casement windows have broken seals.
You answered correctly
8 of 10 - Which of the following types of agency is not allowed in California?
Dual agency
Buyer's agency
Single agency
 
Designated agency
You answered correctly
9 of 10 - Which of the following is not a fiduciary duty an agent owes to his or her principal?
Loyalty
Confidentiality
Accountability
 
Blind obedience
You answered correctly
10 of 10 - Timeshare buyers have the right to rescind a transaction within what timeframe after signing the purchase contract?
1 day
 
3 days
 
7 days
Never
You answered incorrectly
Purchasers of timeshares have an unqualified right of rescission which gives then 7 calendar days to rescind the purchase after receiving the public report or after signing the purchase agreement, whichever is later.

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Notice 부동산 용어사전 2019.04.15 2084
Notice 부동산 용어 (A to Z) 2019.03.03 1336
291 Real Estate Law 51 2019.05.10 96
290 Real Estate Law 50 2019.05.10 97
289 Real Estate Law 49 2019.05.10 89
288 Real Estate Law 48 2019.05.10 105
287 Real Estate Law 47 2019.05.10 94
286 Real Estate Law 46 2019.05.10 95
285 Quiz 7 2019.05.09 9900
284 Real Estate Law 45 2019.05.09 97
283 Real Estate Law 44 2019.05.09 90
282 Real Estate Law 43 2019.05.09 99
281 Real Estate Law 42 2019.05.09 94
280 Real Estate Law 41 2019.05.09 108
279 Real Estate Law 40 2019.05.09 108
278 Real Estate Law 39 2019.05.08 154
277 Real Estate Law 38 2019.05.08 113
276 Quiz 6 2019.05.08 7653
275 Real Estate Law 37 2019.05.08 98
274 Real Estate Law 36 2019.05.08 100
273 Real Estate Law 35 2019.05.08 112
272 Real Estate Law 34 2019.05.08 107
271 Real Estate Law 33 2019.05.08 98
270 Real Estate Law 32 2019.05.08 134
269 Real Estate Law 31 2019.05.08 303
268 Performance and Forbearance / Default and Breach 2019.05.08 144
267 Real Estate Law 30 2019.05.07 103
266 Quiz 5 2019.05.07 9035
265 Real Estate Law 29 2019.05.07 173
264 Real Estate Law 28 2019.05.07 86
263 Real Estate Law 27 2019.05.07 80
262 Real Estate Law 26 2019.05.07 89
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