The CE Shop » Sales License » CA Real Estate Principles Course » 2021

Question #1

What is the definition of a blanket encumbrance?

A. When more than one lot, unit, or interest in a subdivision is used to secure payment of a trust deed note or other lien of encumbrance

B. A security bond that protects against encumbrances to subdivided property

C. Both personal and real property are used as security for a loan

D. An encumbrance on subdivisions with an intended use for industrial textile factories

Question #2

Which act requires an environmental impact report before a subdivision may be approved?

A. The Alquist-Priolo Act

B. Grassland Protection Act

C. California Coastal Act

D. CEQA

Question #3

What type of encumbrance exists when one or more property in a subdivision is used to secure a loan?

A. Mechanic's lien

B. Blanket encumbrance

C. Easement by appurtenant

D. Judgment lien

Question #4

What does a D&R stand for when issued by the state real estate commissioner?

A. Delivery and Research

B. Demolition and Recovery

C. Desist and Refrain

D. Do Not Resuscitate