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

Question #1

What's a quiet title action?

A. An action to locate and notify all who may have some claim on the title, and determine the validity of all claims

B. A lien placed against a potential land owner for property purchased by another

C. A way to anonymously purchase property without filing the title or transfer on record

D. A type of title insurance that reimburses the policyholder if the neighborhood is noisier than normal

Question #2

Your client, Ray, is worried about title issues that may arise after closing. Remind Ray of his secret protection: ______.

A. Litigation

B. Title insurance

C. Buyer Trust Fund

D. Seller guarantees

Question #3

Anita is a new buyer. Luckily, ______ will help her before the sale and can reimburse her after the sale if a title issue arises.

A. Seller credits

B. Her title insurance

C. Seller disclosures

D. Her buyer's agent

Question #4

Which document establishes path and proof of ownership?

A. Abstract of title

B. Title insurance

C. Deed

D. Chain of title