Difficult question for RE test

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

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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

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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

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