passionate tutor

CA Real Estate Exam- Practice/ 110 Q&A/ A+ Score Solution. Two friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could: - Answer: Place the beneficiary in a precarious position should the borrower die before the debt is paid. Joint tenant estate held by two joint tenants is severed and ended by the following: - Answer: A foreclosure by one of the joint tenants. One of the joint tenants transfe...

CA Real Estate Exam 2024 Practice Questions/ 175 Q&A. An insurance policy which combines personal liability insurance and hazard insurance coverage for a dwelling and its contents is called: Homeowner's insurance Buyer's insurance Errors and omissions insurance All of the above - Answer: Homeowner's insurance Homeowner's insurance ensures comprehensive protection for homeowners. What is the status of a contract when all terms have been fulfilled and the transaction ha...

California Real Estate Exam Multiple Choice Questions/ 510 Qs & Correct Ans. The county tax assessor is the best source for establishing the age of a home. "Gross multiplier" is used to determine value of certain types of income properties. It is determined by: a. dividing the gross rental income by the appraised value. b. multiplying the market price by the capitalization rate. c. dividing the sales price by the gross monthly rental. d. multiplying the gross monthly rental by ...

California Real Estate Exam/ 208 Questions with Certified Solutions. If a buyer has defaulted on on an original land contract which had been recorded, this would result in a defective title, requiring legal action to clear the title. This is called - Answer: a Quiet Title Action. A promise is also known as a - Answer: Covenant A court action is mandatory to evict a delinquent tenant. This process is called - Answer: Unlawful Detainer A verbal contract is considered - Answer: Valid ...

Manufactured Housing Test/ 116 Quizzes & Certified Ans. Structural, mechanical, plumbing, or electrical systems alterations to a manufactured/mobile home bearing or required to bear an HCD insignia must be: A. Approved by the local building department or other authority B. Approved by the Department of Housing and Community Development prior to such alterations. C. Approved by the Department of Motor Vehicles D. Approved by HUD if the estimated value is greater that $100. - Answer: B. ...

HUD Housing Counseling Exam/ 357 Quizzes & Correct Ans. Rental Obstacle + Solutions: Low Income - Answer: -Some Renters reject people whose Rent would be more than 30% of GMI -Solutions -Apply for Housing Assistance -Expand housing search areas -Get a roommate -Move in w/family or friends Strategies for decreasing expenses and debt - Answer: Prioritize "needs over "wants" -reduce or eliminate "wants" -cancel or downgrade services(e.g. cable, telephone) -limit misce...

HUD Exam- Homeownership/ Questions with Certified Answers. Which factor is best for housing counselors to use when determining how much a client can afford to spend on purchasing a home? A. Debt to-income ratios B. Annual gross income C. Savings D. Options A, B, C E. None of the above - Answer: D. Options A, B, and C A person or company that makes loans for real estate purchases. "Loan officer" is a related term that refers to a representative of a lending or mortgage company ...

Certified Apartment Manager (CAM) 383 Q&A/ A+ Score Solution. What percentage of Americans lives in rental housing? - Answer: Over 1/3 When renters decide where to rent, what three primary factors of location do they consider? - Answer: Proximity to work, schools, stores, etc. walkability proximity to public transportation When renters decide to rent, what 2 primary factors of life circumstances do they consider? - Answer: Flexibility & ability to move easily Reluctance to maintain ...

Fair Housing Exam/ Questions & Correct Answers. The 1972 amendment to the Fair Housing Act requires what? Select one: a. An equal opportunity poster to be displayed in all sales and rental offices in a conspicuous location b. Real estate agents to pledge to honor the Fair Housing Laws. c. All public facilities to post a list of the protected classes. d. Non-discriminatory advertising. - Answer: An equal opportunity poster to be displayed in all sales and rental offices in a conspicuo...

1 Exam (elaborations) Indiana QMA State Exam/ Questions & Correct Ans. 2 Exam (elaborations) Qma Practice Exam/ 195 Questions with Certified Solutions. 3 Exam (elaborations) QMA State Test NEED to Know/ 364 Q&A/ A+ Score Solution.