Ca escrow Study guides, Class notes & Summaries

A violation of a condition is more severe than a covenant and might result in the loss of title. - ANSWERSWhich of the following statements regarding deed restrictions is TRUE? Continue with the escrow - ANSWERSShortly after a valid escrow is established, both the buyer and seller die. What should the escrow agent do? 3 days - ANSWERSA buyer signs the purchase agreement and the seller accepts. The agent personally delivers acceptance of the offer to the buyer and also drops off the seller...

a running stream is considered - ANSWER-real property water found on the land in watercourses, such as natural springs, streams, or rivers and in bodies of water, such as ponds or lakes is called - ANSWER-surface water What is riparian rights - ANSWER--riparian property owners have reasonable use of the follow water - the owner of property bordering a stream or river has riparian rights -the owner of adjacent land may not lawfully divert all available waterand thereby deprive a riparian ...

Real Estate Principles Final Exam Colibri 1. Disclosures Provided Upon Sale of Real Property: Which of the following is NOT a disclosure? - ️ Mold Disclosure Required - Lead-based Paint Disclosure Required - Natural Hazards Disclosure Required - Radon Detection Test Disclosure - NOT REQUIRED IN CA (Correct) 2. Escrow Termination: Escrow cannot be terminated in which of the following ways? - ️ Death of one of the principals 3. Funding Roof Replacement in a Condominium Associ...

How many baseline and meridian systems in CA? 3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? CA In the order in which they are to occur, the three steps of agency discosure are? disclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? Demand, utility, scarcity, and transferability Collateralized loan A loan secured by another loan, rather...

Cryptography provides 5 basic protections, what are they? Confidentiality Integrity Availability Authentication Non-repudiation What are some Symmetric key disadvantages. Key management depends on all users to keep key secret Not easily scalable to large groups Symmetric key advantages. (List 2) Symmetric key algorithms are very fast High security especially with large key sizes Name 2 encryption methods. Block Cipher Stream Cipher _____ cipher encry...

Long Beach salesperson Eric Janey is providing sellers Julie and Zach Roberts with the necessary disclosures they must be given upon the sale of real property. Which of the following is NOT a disclosure that is given upon the sale of real property? - Mold Disclosure Required Lead-based Paint Disclosure Required Natural Hazards Disclosure Required Radon Detection Test Disclosure - NOT REQUIRED IN CA Escrow cannot be terminated in which of the following ways? - Death of one of the princip...

How many baseline and meridian systems in CA? - ANSWER3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - ANSWERCA In the order in which they are to occur, the three steps of agency discosure are? - ANSWERdisclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? - ANSWERDemand, utility, scarcity, and transferability Collateralized loan - ANSW...

Real Estate Principles Final Exam Colibri Questions and Answers 100% Pass Long Beach salesperson Eric Janey is providing sellers Julie and Zach Roberts with the necessary disclosures they must be given upon the sale of real property. Which of the following is NOT a disclosure that is given upon the sale of real property? - Answer- Mold Disclosure Required Lead-based Paint Disclosure Required Natural Hazards Disclosure Required Radon Detection Test Disclosure - NOT REQUIRED IN CA Escrow ...

ESCROW FINAL REVIEW QUESTIONS AND ANSWERS 100% PASS 50 When a buyer assumes an existing loan, he or she signs: - Correct Answer ️️ -B. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: - Correct Answer ️️ -Notice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording - Correct Answer ️️ -Declaration of homestead 53 Which of the ...

ESCROW FINAL REVIEW QUESTIONS AND ANSWERS 100% PASS 50 When a buyer assumes an existing loan, he or she signs: B. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: Notice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording Declaration of homestead 53 Which of the following is a reference point in CA All of the above. 54 The right of a l...