California Real Estate Paper 15

In an option agreement, the consideration is

An exclusive authorization and right-to-sell agreement is considered an

A tenant who stays in rented property after the lease has expired without the consent of the landlord is said to have

The tenant’s interest in property is a

A periodic tenancy can be created from some other type of tenancy

In addition to providing the services contracted for, what one thing is necessary for a commission payment to be enforced as a result of the listing agreement?

Broker A receives two offers on Seller B’s house, which is listed for sale at $250,000. The first offer is for all cash at $200,000. The second offer is for 20% down with 80% financing for the full price. What should the broker do with respect to both offers?

The Mobilehome Residency Law covers agreements

The charging of interest on a note that is in excess of the statutory maximum rate is called

The two primary documents dealing with payment of a loan are the mortgage or deed of trust and a