Question: Question 12 The CLTA extended coverage policy includes protection against -Building permit violations -Restrictive Covenant violations -Post-policy encroachment -All of the above Question 13 The

Question 12

The CLTA extended coverage policy includes protection against

-Building permit violations

-Restrictive Covenant violations

-Post-policy encroachment

-All of the above

Question 13

The elements of a contract include

-Mutual consent

-Lawful purpose

-Consideration

-all of the above

Question 14

A deed transferring land from the federal or state government to a private individual is a

-Patent

-Quiet Title action

-Quick Claim deed

-Government transfer deed

Question 15

The east-west line that runs through the survey's initial point is called the

-Prime Meridian

-Principal Meridian

-Base Line

-Prime Line

Question 16

The process of exercising the power of eminent domain is referred to as

-Condemnation

-Zoning

-Seizure

-Dedication

Question 17

title insurance and escrow business evolved in California to protect the

-All consumers

-Real estate agent

-Sellers only

-None of the above

Question 18

Under California law the escrow holder may not act as

-A mediator

-An advisor

-An agent with discretionary authority

-All of the above

Question 19

The escrow law under the California Financial Code is intended to protect

-The public

-Real estate licensees

-Certified escrow officers and escrow company employees

-Mortgage lenders

Question 20

Persons exempt from escrow license requirements include

-Banks

-Attorneys not actively engaged in escrow agency

-Title companies

-all of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!