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Difficult question for RE test

10/10/2013

3 Comments

 
The obligation of a buyer to deposit closing funds is subject to the seller
first performing, called a: 



 
  •          
     


  •          a) condition
    precedent.
  •    b) condition
    concurrent.

  •    c) condition
    subsequent.

  •    d) none of the
    above
  • ---

    If one spouse, without the consent of the other, sells community real estate,
    the non-consenting spouse has _______________ from the recording of the
    non-consented-to transaction to file an action to set the transaction aside.





  •    a) one year



  •    b) two years



  •    c) three years



  •    d) four years

  • ---

    Encumbrances of title include:
  •    a) covenants
    restricting use.

  •    b) easements.

  •    c) leases.

  •    d) all of the
    above.

  • --
    preliminary title report is:




  •    a) a representation
    of the condition of title.



  •    b) an offer to
    issue a title insurance policy.



  •    c) can be relied on
    by a buyer like an abstract of title.



  •    d) none of the
    above


  • --
    3 Comments
    francis link
    10/20/2013 07:51:32 am

    replacement reproduction cost approach
    https://www.youtube.com/watch?v=F9kTLnbMSWY

    income approach = cap approach https://www.youtube.com/watch?v=76yZiuvt3eA

    Reply
    student
    10/23/2013 11:33:45 am

    thank you sir
    https://www.youtube.com/watch?v=ivOEV-xnhCQ

    Reply
    vesting student link
    10/23/2013 11:35:34 am

    https://www.youtube.com/watch?v=6j7mj7T2t9g

    Reply



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