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
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