today:
163
yesterday:
242
Total:
1,004,321

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.

I want to
Update Delete List
No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2084
Notice 부동산 용어 (A to Z) 2019.03.03 1336
171 Chapter 15 Quiz 2019.04.29 158
170 Real Estate Law 62 2019.05.12 159
169 Secured Property Taxes file 2021.10.17 159
168 96003 2019.05.29 160
167 Real Estate Law 6 2019.05.04 161
166 Department of Real Estate - Commissioner 2019.06.01 161
165 1031 file 2022.01.04 162
164 Chapter 9 Quiz 2019.04.15 163
163 Chapter 2 Review (3) 2019.05.04 163
162 Chapter 2 Review (2) 2019.05.04 164
161 Sales of real property by a foreign person 2023.07.04 164
160 Chapter 10 Quiz 2019.04.16 168
159 Chapter 2 Review (5) file 2019.05.04 168
158 Real Estate Law 1 2019.05.03 169
157 A promissory note 2019.05.27 169
156 12555 Euclid Street #31 Garden Grove, CA 92840 2017.07.09 170
155 Chapter 12 Conclusion 2019.04.26 171
154 prohibit discrimination 2023.07.06 171
153 Real Estate Law 29 2019.05.07 173
152 If a contract for sale provides that the owner is selling his home in an "as-is" condition, then 2019.05.27 173
151 Open-End Mortgage 2019.06.05 173
150 3 2017.07.19 174
149 Chapter 7 Quiz 2019.04.14 177
148 (new) Anaheim, CA 92804 2017.06.20 179
147 Chapter 18 Conclusion 2019.03.23 179
146 discriminate 2019.05.22 179
145 Passive fraud 2019.05.31 180
144 route file 2021.09.01 180
143 Chapter 1 Quiz 2019.04.11 181
142 Real Estate Law 104 2019.05.17 181
Write Tag