CA Real Estate Principles Course » 2021 » Section 9 Unit 3 Exam
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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 type of title insurance that reimburses the policyholder if the neighborhood is noisier than normal
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.
Seller guarantees
B.
Title insurance
C.
Litigation
D.
Buyer Trust Fund
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 disclosures
B.
Seller credits
C.
Her buyer's agent
D.
Her title insurance
Question #4
Which document establishes path and proof of ownership?
A.
Deed
B.
Title insurance
C.
Chain of title
D.
Abstract of title
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