CA Real Estate Principles Course » 2021 » Section 9 Unit 3 Exam

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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.   A way to anonymously purchase property without filing the title or transfer on record
D.   An action to locate and notify all who may have some claim on the title, and determine the validity of all claims
Question #2
Your client, Ray, is worried about title issues that may arise after closing. Remind Ray of his secret protection: ______.
A.   Title insurance
B.   Seller guarantees
C.   Buyer Trust Fund
D.   Litigation
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.   Her buyer's agent
C.   Seller credits
D.   Her title insurance
Question #4
Which document establishes path and proof of ownership?
A.   Deed
B.   Abstract of title
C.   Chain of title
D.   Title insurance

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