Broker Revision:

1 what does it really mean in JT?
undivided interest?
2 measuring life in life estate is what?
3 fee and clear == estate inheritance == simple absolute

and  Alquist Priolo...related to what? [I have an easy way to remember!]
and Easton and Strabusser case related to what? [my easy way is ST ....STSS....so TDS (transfer disclosure statement)

4 HOA + bylaw + financial statement + CC and R ...=== related to what?

you know the difference between
5 condition qualified and condition defeasible == which is subsequent? which is precedent?
6 reversion and remainder
7 intestate and testate (testator...etc) ......like devise (rp) and bequest (PP)
8 holographic will and printed
9 interim loan is short term WHEREAS long term loan is take out loan
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9/4/2010 CraiglizOweeblize
8/18/2010 一个人有神的话，不会逃避，真心承受，
7/18/2010 见有事的时候，一个人的能力是跟神的能力不一样的：明天是礼拜天
6/18/2010 考試前一天.兩次

Licensing

Picture
All OR - EE
 
All YEARS: 
 maximum rental years for Urban 51 year & 99 year for Agriculture

Create your Own Vocabulary, your Own way 2 memorize;

HOLDER

AGE

TAX

construction terms

chinese terms

LEGAL TERMS translated in Chinese

A-UN-DIS-UN

SKILLS


proposition 13; Alquist-Priolo Act?; natural hazard disclosure law

Congress could regulate the sale of private property in order to prevent racial discrimination:    unruh
************************
Blockbusting

ABBREVIATION ;

Legal terms (Latin) & French origin:

what is PEWS? HVAC? MARIA? DUST? TTIP ? PITI? LAND? PETE?

 
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The usual listing contract authorizes a broker to:     
 
If the stock of a business is sold in bulk rather than through the ordinary course of business and a Notice of Intended Sale has not been recorded, the contract of sale is:     
 
The real estate commissioner would prohibit which of the following mortgage broker advertisements:     
 
Sam, who does not have a real estate license, is the owner and president of an investment firm. He advertises and sells properties for his clients. Since these transactions involve real estate, who will prosecute him for violating the real estate law:     
 
A broker receives a deposit, together with an offer to purchase. The seller signs and accepts the offer. Without the consent of the broker, and through no fault of his, the buyer and seller get together, cancel the agreement, and seller instructs the broker to return the deposit. The broker may:     
 
Which of the following is not essential to the creation of an agency relationship?     
 
In the agency transfer relationship, according to the Civil Code, you must apply it to:     
 
Copies of termite reports filed with the Structural Pest Control Board within the preceding two years can be obtained upon request and the payment of a fee by:     
 
When a salesperson takes a listing which does not authorize the listing broker to accept a deposit from an offeror toward purchase of the property, the broker should advise his salesperson that:     
 
When the selling agent is a subagent of the listing broker:     
 
Which of the following statements is most nearly correct concerning buyer’s agency:     
 
The main purpose of “RESPA” (Real Estate Settlement Procedures Act) is to:     
 
An agency could be terminated by all EXCEPT:     
 
An agency relationship may be terminated by all of the following methods EXCEPT:     
 
Which of the following would create a dual agency situation:     
 
When dealing with the public, a broker may not:     
 
A buyer relied upon the fraudulent statement of the seller’s agent and was damaged. The seller was unaware of the agent’s false statement, and he tried to enforce the agreement. The buyer:     
 
It is illegal in California to violate anti-trust laws. In the field of real estate, which of the following would be such a violation:     
 
If a listing to sell a mobile expires and is not extended or renewed, how long does the broker have to remove all yard signs and stop all advertising of the mobile home?     
 
Jane, a real estate salesperson, advertised in the newspaper that anyone who purchased a home through her would receive a free color television. Such action is:     
 
A real estate licensee has a buyer agency agreement. What is the seller in this situation?     
 
When a man bought a property, he was not told about the septic tank installation. The buyer's right would be to:     
 
Which of the following would be a violation of Antitrust laws?     
 
If a broker is an agent of a seller, he owes to the buyer:     
 
When a listing agreement includes a provision to extend the agreement “by any period of time in which the property was in escrow or taken off the market,” the agent needs also to include:     
 
One of the following actions, taken in relation to advertising the sale of real property, is considered prima facie evidence by the Real Estate Commissioner in California as being misleading or deceptive advertising. Which one is so regarded:     
 
Ethical practices of a real estate licensee most nearly means:     
 
A seller has listed her home with a broker for $90,000, and the broker tells a prospective buyer to submit a low offer because the seller is desperate to sell. The buyer offers $85,000 and the seller accepts it. In this situation:     
 
The acts and representations of all of the following are binding on a seller of real property EXCEPT:     
 
When a real estate agent acts as a dual agent for both the buyer and the seller in a 1031 exchange, and does not disclose his dual agency to both parties, he may:     
 
There is a spectacular house that a salesperson from Firm A has been trying for several weeks to list for sale. The owners have been interviewing salespeople from different firms. They tell A's salesperson that Firm B will charge 2% less commission for selling the house. What should A's salesperson say to the owner to get the listing?     
 
A real estate broker charges owners of the businesses a fee for advertising their businesses for sale in a special pamphlet he publishes. He does not take a listing to sell or lease the business. He is required to do which of the following:     
 
A prospective buyer would be entitled to damages from a real estate broker in the event the broker:     
 
The fiduciary obligation to protect a client’s confidential information continues:     
 
To create an agency relationship, there must be:     
 
The broker who most qualifies for a commision is the one who:     
 
A broker who is hired by an owner to sell his property must reveal all significant and material information to the principal. Which of the following would be considered material information and must be revealed:     
 
A real estate agency relationship may be terminated in several ways, according to the California Civil Code. Which of the following is included in that list?     
 
The buyer's earnest money deposit may be:     
 
Suppression of truth would most appropriately be defined as:     
 
Which of the following would not be legally proper for a licensee to do?