California Real Estate Paper 10

The process by which payments such as taxes are allocated at closing is called

A seller has paid taxes of $2,400 in advance on July 1 for the following year. He closes sale of the property on November 1. Who owes how much to whom?

The opposite of marketable title can best be expressed as

Which of the following is true regarding title insurance policy coverage for changes in land use as a result of zoning changes?

The term ad valorem usually is associated with

Assuming that the current assessed value of a property after all exemptions have been applied is $55,000, what is the annual tax on that property?

What is the term used to describe the depositing of a client’s funds into the broker’s personal or business account?

What is the most desirable form of deposit from a seller’s point of view?

The act that extended antidiscrimination protection to business establishments is the

The California law that specifically prohibits redlining is the