Question $1$

When a payment is made on your behalf from the Guaranty Fund, what happens to your real estate license?

Topic: Duties and Powers of the Real Estate Commission

$($X$)$ It depends upon the situation.

It is revoked.

It is suspended.

Nothing! That is what the fund is for!

Your license is suspended automatically when a payment is made on your behalf from the Guaranty Fund. Your

actions have resulted in significant losses to a buyer or seller. Your license cannot be reinstated until you repay

the fund the full amount owed, plus interest, and make formal application for reinstate

Who is MOST likely to pay to terminate an

appurtenant easement?

A$.$ The holder of the dominant tenement

B$.$ The holder of the servient tenement

C$.$ The city where the property is situated

D$.$ None of these