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Question
A deeds to B and B takes possession but does not record the deed. A then tells a friend C about the deed to B. A then deeds the same property to C, who records the deed. Based on this information, title probably vests in:(a) A
(b) B
(c) C
(d) both B and C
Answer
This answer is hidden. It contains 121 characters.
Related questions
Q:
A candidate for the real estate broker's examination must:
(a) be 21 years or older
(b) have completed 8 college-level real estate courses
(c) have at least 4 years' experience as a real estate salesperson
(d) be a resident of California
Q:
There are certain requirements that must be met before a transaction can be placed in escrow. They are:
(a) a binding contract between buyer and seller
(b) a neutral third party is employed
(c) conditional delivery of all documents related to sale
(d) all of the above
Q:
Regarding the sales comparison approach, which is false?
(a) the comps are adjusted to the subject property
(b) three is the minimum number of comps to use
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(a) new home
(b) new apartment
(c) five-year-old home
(d) special purpose property
Q:
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(a) economic obsolescence
(b) accrual for depreciation
(c) functional obsolescence
(d) physical deterioration
Q:
In a normal sale using both a grant deed and a trust deed (deed of trust) the buyer is the:
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(b) grantor and trustee
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Q:
A lot is sold for $180,000, making a 20% profit over cost. What was the cost?
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Q:
An owner gives Ace Realty an exclusive right to sell listing for 90 days. Thirty days later, the owner finds a buyer and sells the property without the services of Ace Realty. The:
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Q:
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Q:
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Q:
Which of the following two terms do not go together?
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Q:
The of the following are true, except:
(a) a violation of a condition in a deed may cause loss of title
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Q:
If an owner files a proper Notice of Completion in the County Recorder's office, unpaid subcontractors have how many days to file a lien?
(a) 30 days
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Q:
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Q:
In a business opportunity sale, the payment for continued patronage is called:
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Q:
The Real Estate Commissioner has the right to issue regulations for the interpretation of Real Estate Law. These regulations:
(a) must be approved by the California Association of REALTORS
(b) have the same force and effect as Real Estate Law
(c) become part of the California Administrative Code
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Q:
Commission rates for real estate agents are established by:
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Q:
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Q:
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Q:
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Q:
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(a) rezoning
(b) variance
(c) appeal
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Q:
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(a) eminent domain
(b) police power
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Q:
The state and federal governments have instituted laws prohibiting illegal discrimination in real estate transactions. Which of the following is a federal law that affects all states?
(a) Holden Act
(b) Rumford Act
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Q:
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Q:
The subdivision law administered by the California Real Estate Commissioner, who requires the issuance of a public report, is called the:
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Q:
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Q:
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(a) religion, sex, or age
(b) race, color, or creed
(c) physical handicap or marital status
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Q:
A licensed real estate broker states that a lot is 1/3 of an acre, when in fact the lot is 1/4 of an
acre. The agent is guilty of:
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(b) divided agency
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Q:
All of the following are acceptable ways to terminate an easement, except:
(a) express release
(b) abandonment
(c) merger
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Q:
The landlord has come by on the first of the month to collect rent from the tenant. He notices a work on a new patio has begun, which he has not authorized. The tenant is not at home to ask about this new structure. The landlord should immediately:
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(b) file a notice of cessation.
(c) file a notice of completion.
(d) file a notice of non-responsibility.