Học Thi Real Estate License ở California: The role of Escrow and Title Insurance Companies

A standard policy of title insurance covers:

On an escrow the daily prorated charge for a three-year insurance policy costing $97.20 would be:

On a real estate closing statement, prepaid rent is always a:

A buyer would get the least protection from:

A title company holding papers for an escrow is a(n):

Which of the following is false?

The signed escrow instructions disagree with the prior purchase contract. As to the disagreement, which of the following is true?

The usual way for a buyer to ensure that he or she is getting marketable title is to obtain:

An item such as "liens to be assumed by buyer" would be found in a seller's closing statement under:

On a closing statement, an existing mortgage that is to be assumed by the buyer would be shown as:

On aclosing statement, due and unpaid taxes would be:

A broker can, without being licensed as an escrow, handle the escrows on transactions where he or she:

A sale takes place on January 1. There is $1,800 in the impound account. Proration would be:

Escrow would be automatically canceled by:

In an escrow statement, the term recurring costs pertains to:

The broker's commission is normally paid:

Title plant refers to all records relative to real estate transactions in a:

An escrow company may:

Impounds refers to:

In the absence of a closing date, the escrow should close:

Which of the following may not engage in the escrow business?

Which of the following is not a credit in a seller's closing statement?

In a buyer's closing statement, the selling price is:

An extended-coverage policy of title insurance does not cover:

A fire insurance policy cost $360 for three years. Six-and-a-half months after the insurance policy is taken out, the building is sold, and the policy is assumed. On a closing statement.

Who has primary responsibility for reporting sale information to the IRS?

An impound account would belong to:

Which of the following is not covered by an extended-coverage policy of title insurance?

The closing statements the buyer and seller get from escrow:

An escrow officer alters a deed after it has been signed to convey property other than agreed.

A title insurance company is least likely to physically inspect property for:

A standard policy of title insurance does not cover:

A buyer assumes a trust deed. On the buyer's closing statement, it would be shown as a:

A preliminary title report:

Escrow companies are primarily under the jurisdiction of the:

A 30 day escrow cannot be completed during the set time.

A home is sold on August 31, with taxes being prorated.

Recording costs on an escrow would be paid by:

A buyer's escrow statement would not show:

Title insurance is not available if:

Possesion in a real estate sale, in the absence of any aggreement, should be given:

The files of a title company of recorded documents on microfilms are known as:

Which of the following, prorated, would be a credit on the seller's closing statement?

To obtain marketable title, a person who is claiming his or her interest under adverse possession could:

The exact history of vonveyances and encumbrances affecting title to a property is called:

Escrow closes on the 15th day of February (28 days). The seller receives $500 rent for the month of February. The seller:

A seller delivers a grant deed to escrow after escrow instructions have been signed. He asks that it be returned to him so that he can have an attorney check it.

An escrow prorates based on ___ days in a year.

A broker gets a deal into escrow. After all papers are signed, both the buyer and the seller die. The escrow agent should:

Closing is scheduled for May 20, 2012; the second property tax installment has been paid. On the buyer's closing statement, taxes are:

The Rebate Law:

The term binding contract and conditional delivery describes:

Which of the following will not terminate an escrow?

A buyer would be protected against a right of a party in possession by:

An escrow agent is most likely to get into trouble if he or she: