UNIT 7 QUIZ

Real Estate Practice
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- CRE – Escrow 0%
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Question 1 of 10
1. Question
1 point(s)California law specifically states a real estate broker may
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Question 2 of 10
2. Question
1 point(s)The general qualifications to obtain a California real estate license state
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Question 3 of 10
3. Question
1 point(s)Under the general education requirements to obtain a California real estate salesperson license, an individual must
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Question 4 of 10
4. Question
1 point(s)Under California law, members of the state bar who want to obtain a California real estate license are
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Question 5 of 10
5. Question
1 point(s)Unless exempted under the law, to take the California real estate broker’s license exam an individual must have experience as a full-time California licensed salesperson for
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Question 6 of 10
6. Question
1 point(s)The California Association of REALTORS® Purchase Agreement and Joint Escrow Instructions calls for a loan contingency to be removed
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Question 7 of 10
7. Question
1 point(s)Under “Truth in Lending Disclosure” law, a borrower obtaining a loan subject to its provisions must obtain a revised TIL from the lender if the originally disclosed rate is increased by .125% or greater and must wait an additional
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Question 8 of 10
8. Question
1 point(s)By law, both smoke alarms/detectors and carbon monoxide devices are required to be installed in
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Question 9 of 10
9. Question
1 point(s)Under California law, a beneficiary acquiring a property through foreclosure and who is the seller in an escrow transaction
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Question 10 of 10
10. Question
1 point(s)Under federal law, the buyer must be given a booklet prepared by the government regarding the possibility of lead-based paint if residential one-to-four units and built before 1978, and be given
CorrectIncorrect