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

Question #1

What's a quiet title action?

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

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

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

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

Question #2

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

A. Litigation

B. Seller guarantees

C. Buyer Trust Fund

D. Title insurance

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. Her title insurance

B. Seller credits

C. Seller disclosures

D. Her buyer's agent

Question #4

Which document establishes path and proof of ownership?

A. Abstract of title

B. Deed

C. Chain of title

D. Title insurance