attendance credit quiz 1

Items of personal property that are attached to (or incorporated into) the land in such a manner as to become real property are called:

a.  attachments.

b.  fixtures.

c.  incorporated items.

d.  furniture.

b.  fixtures.

Anything attached to the land, such as buildings, fences, walls, walks and shrubs, are called:

a.  permitted items.

b.  incorporated items.

c.  improvements.

d.  enhancements.

c.  improvements.

Township lines divide the land into a series of east-west strips called:

a.  levels.

b.  streets.

c.  tiers.

d.  sections.

c.  tiers.

An area of land that contains 43,560 square feet is called a(n):

a.  hectare.

b.  township.

c.  acre.

d. perimeter.

c.  acre.

Which of the following can transfer ownership of trade fixtures and personal property?

a.  Invoice

b.  Bill of Sale

c.  Transfer document

d. Bill of Lading

b.  Bill of Sale

 How many principal base and meridian line intersections does California have?

a.  2

b.  3

c.  4

d. 1

b.  3

Which of the following is NOT a basic right of ownership included in the “Bundle of Rights”?

a.  Disposition

b.  Possession

c.  Enjoyment

d.  Sustainability

d.  Sustainability

Anything permanently attached or affixed to the land is called:

a.  fixtures.

b.  real property.

c.  personal property.

d.  attachments.

b.  real property.

An interest, share, right, or equity in real estate that varies from the minimal right of a renter to the maximum right of full owner is called a(n):

a.  ownership.

b.  equity share.

c.  lease.

d.  estate.

d.  estate.

Susie owns a life estate based upon her own life. She leases the property to a tenant on a three-year lease. Susie, the life tenant, dies two years later. What happens to the lease?

a.  The lease is terminated.

b.  The lease remains intact.

c.  The lease can be renegotiated.

d.  The lease is automatically renewed.

a.  The lease is terminated.

A signed or verbal statement by the named person that he/she has signed that document of his/her own free will is known as:

a.  verification.

b.  acknowledgment.

c.  recording.

d.  actual notice

b.  acknowledgment.

When two or more people have identical interests in the whole property with the same right of possession and the right of survivorship, it is called:

a.  a limited partnership.

b.  joint tenancy.

c.  corporate interests.

d.  unity in possession.

b.  joint tenancy.

All property acquired by a husband and wife during their marriage other than separate property is called:

a.  community property.

b.  combined property.

c.  inheritances.

d.  community goods.

a.  community property.

The two major types of freehold estates are:

a.  remainder and reversion.

b.  fee simple and life estate.

c.  life and remainder.

d.  fee simple and defeasible.

b.  fee simple and life estate.

When a landlord discovers that work is being done on the property without the landlord’s consent, he or she should:

a.  file a mechanic’s lien against the tenant.

b.  issue a 3-day pay and quit notice.

c.  terminate the tenancy.

d.  post a Notice of Non-Responsibility on the property.

d.  post a Notice of Non-Responsibility on the property.

A document that uses a property to secure the payment of a debt or the discharge of an obligation is called a(n):

a.  lien.

b.  I.O.U.

c. tax Assessment.

d.  grant deed.

a.  lien.

An easement that is “created for and beneficial to” the owner of adjoining or attached lands is which type of easement?

a.  Easement appurtenant

b.  Easement abutting

c.  Easement approximate

d.  Easement non-encumbering

a.  Easement appurtenant

 An Easement by Prescription requires which of the following to be valid?

a.  5 years continuous use

b.  Open and notorious use

c.  Hostile use

d.  All answers are correct

d.  All answers are correct

A lien filed against a property by a person who was not paid after furnishing labor or materials for construction work on that property is called a(n):

a.  mechanic’s lien.

b.  unpaid lien.

c.  voluntary lien.

d.  security lien.

a.  mechanic’s lien.

The restriction on the use of private property by the local government agency is called:

a.  regulations.

b.  zoning.

c.  code enforcement.

d.  government restrictions.

b.  zoning.

 A voluntary lien, for money owed, placed over more than one parcel, is called a:

a.  tax lien.

b.  blanket encumbrance.

c.  multi-parcel lien.

d.  none of the answers are correct.

b.  blanket encumbrance.

A wrongful unauthorized placement of improvements or permanent fixtures on a property by a non-owner of that property is called:

a.  wrongful use.

b.  prescriptive use.

c.  zoning ordinance.

d.  an encroachment.

d.  an encroachment.

Which of the following forms are included in CAR's® "Listing Package"?

a.  Disclosure Regarding Real Estate Agency Relationship

b.  Wire Fraud and Electronic Funds Transfer Advisory

c.  Sellers Advisory

d.  All answers are correct

d.  All answers are correct

A licensed real estate broker working in the capacity of a salesperson for another broker or corporation is known as a:

a.  principal broker.

b.  unlicensed agent.

c.  licensed agent.

d.  broker associate.

d.  broker associate.

The steps of agency disclosure include:

a.  disclose.

b.  elect.

c.  confirm.

d.  all answers are correct.

d.  all answers are correct.

Real estate laws in California apply to:

a.  1- to 4-unit residential property.

b.  commercial property.

c.  vacant land.

d.  all answers are correct.

d.  all answers are correct.

What's included in the Residential Listing Agreement (RLA) that may allow a broker to collect a commission even after the termination of the listing?

a.  Penalty Clause

b.  Safety Clause

c.  Restrictive Clause

d.  Termination Clause

b.  Safety Clause

An authorization to sell a property which may be given to several brokers, or the property may be sold by the owner, is called:

a.  free-for-all.

b.  non-exclusive listing.

c.  general property listing.

d.  open listing.

d.  open listing.

A person who works under the direct control and supervision of the employer is known as a(n):

a.  independent contractor.

b.  employee.

c.  subagent.

d.  all of the above.

b.  employee.

Mixing the funds of a principal and a licensee is known as:

a.  commingling.

b.  joint account.

c.  trust account.

d.  mixed funding.

a.  commingling.

A contract to employ a broker as an agent, to do certain things for the owner/seller, is known as a(n):

a.  employment contract.

b.  power of attorney.

c.  listing.

d.  agency.

c.  listing.

A required form, provided by the seller, which identifies items of value attached to the structure or land and states whether these items are operational, is called a(n):

a.  operational form.

b.  list of items working.

c.  transfer disclosure statement.

d.  none of the answers are correct.

c.  transfer disclosure statement.

A fiduciary relationship with the principal requires which of the following?

a.  Reasonable skill and care

b.  Honesty, loyalty, integrity

c.  Good faith and fair dealing

d.  None of the answers are correct

b.  Honesty, loyalty, integrity

The person who hires or employs an agent to work for him or her is known as a(n):

a.  employer.

b.  contractor.

c.  principal.

d.  third party.

c.  principal.

When a person misrepresents a material fact, knowing that it is not true, or is carelessly indifferent to the truth of the stated facts, it is known as:

a.  puffing.

b.  lying.

c.  fraud.

d.  none of the answers are correct.

c.  fraud.

The disclosure that reminds buyers and sellers of the importance of investigating a property before the sale is known as the:

a.  Disclosure Regarding Agency Relationship.

b.  Statewide Buyers and Seller Advisory.

c.  National Hazard Disclosure.

d.  None of the answers are correct.

b.  Statewide Buyers and Seller Advisory.

Which of the following is NOT a method of becoming an emancipated minor?

a.  reaching the age of 16 years old.

b.  marrying.

c.  being a member of the armed forces.

d.  being declared self-supporting by the courts.

a.  reaching the age of 16 years old.

Some of the ways in which contracts may be classified include:

a.  valid.

b.  voidable.

c.  void.

d.  all answers are correct.

d.  all answers are correct.

 A person who is judged to be of unsound mind is known as a(n):

a.  loony.

b.  minor.

c.  incapacitated youth.

d.  incompetent.

d.  incompetent.

You enter the coffee shop next door where you have an account, pour yourself a cup of coffee, hold it up to show the manager, and wave as you leave the store. This would be an example of a(n):

a.  privilege.

b.  express contract.

c.  implied contract.

d.  stealing.

c.  implied contract.

You promise to pay a painter $2,000 to paint your house and the painter agrees to do it.  What type of contract is formed?

a.  Unilateral contract

b.  Implied contract

c.  Void contract

d.  Bilateral contract

d.  Bilateral contract

In a contract, anything of value given by one party to another party to make the agreement binding is known as:

a.  a gift.

b.  consideration.

c.  a deposit.

d.  none of the answers are correct.

b.  consideration.

Which of the following can discharge a contract?

a.  Impossibility of performance

b.  Full performance

c.  Operation of law

d.  All answers are correct

d.  All answers are correct

The legal process of removing a tenant because there is a breach of the lease or rental agreement is called a(n):

a.  eviction.

b.  unlawful detainer.

c.  lawsuit.

d.  three-day notice to pay.

a.  eviction.

If a tenant does NOT leave after the expiration of the lease and retains possession, what has occurred?

a.  Hostage possession

b.  Reversionary right

c.  Estate at sufferance

d.  None of the answers are correct

c.  Estate at sufferance

Minimum requirements of a lease include which of the following?

a.  Description of property

b.  Amount of rent

c.  Length or duration of the lease

d.  All answers are correct

d.  All answers are correct

If tenant just moves out or vacates the premises without formal surrender and never returns, it is called:

a.  forbearance.

b.  surrender.

c.  lease termination.

d.  abandonment

d.  abandonment

The amount of money paid for the use of a property is known as:

a.  booty.

b.  rent.

c.  dues.

d.  fees.

b.  rent.

 Providing the landlord with funds to pay for damages or unpaid rent when the tenant vacates is called a:

a.  security deposit.

b.  vacating fee.

c.  trust account.

d.  goodwill.

a.  security deposit.

A legal document that informs the tenant that he/she has three straight days to pay all past due rent, vacate the premises, or face an unlawful detainer court action is known as a(n):

a.  court order.

b.  3-day notice to pay rent or quit.

c.  eviction notice.

d.  none of the answers are correct.

b.  3-day notice to pay rent or quit.