45-HR. CA REAL ESTATE PRACTICE COURSE » Summer 2021 » Section 12 Unit 3 Exam

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Question #1
Glynnis is ready to close on her new house, but her agent told her that they have to wait for the homeowner to fix the electrical box as agreed. What clause in her contract allowed her to request the repair?
A.   Inspection contingency
B.   Appraisal contingency
C.   Home sale contingency
D.   Financing contingency
Question #2
To which of the following properties does an agency disclosure form apply?
A.   A five-plex and a four-plex
B.   A four-plex
C.   An office building
D.   A five-plex
Question #3
When Dashiell received the purchase offer for his bungalow, he was surprised to see a page added to the contract requesting that an attorney review the contract. What is Dashiell looking at?
A.   Annotation
B.   Appendix
C.   Addendum
D.   Amendment
Question #4
What is the purpose of the C.A.R. Sales Disclosure Chart?
A.   It's a template for creating your own disclosure forms.
B.   It's a checklist for items you must complete when presenting an agency disclosure form to your clients
C.   It's a reference guide for disclosure law.
D.   It provides examples of case studies in disclosure law.

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