I have online quiz ,I need help for it as soon as possible class is Real Estate

Chapter 8 Question 1 Most agents meet with prospective homebuyers: Select one: a. after the buyers have done extensive research online. b. before the buyers have done extensive research online. c. during a sponsored webcast. d. during a free dinner presentation. Question 2 Businesses that have physical (rather than virtual or online) presences are referred to as: Select one: a. big box. b. vintage. c. brick and mortar. d. kiosk. Question 3 The majority of the people in the U.S: Select one: a. have smartphones. b. have access to the internet. c. utilize some sort of social media. d. all of the above. Question 4 MLS data is updated every: Select one: a. 15 seconds. b. 30 seconds. c. 15 minutes. d. 30 minutes. Question 5 Which of the following real estate websites is NOT open to the public? Select one: a. Realtor.com b. Zillow .com c. Trulia.com d. Multiple Listing Service Question 6 The entire process of communicating the benefit of your real estate service to your customers is best described as:

Select one: a. real estate marketing. b. office management. c. information dissemination. d. none of the above. Question 7 Not yet answered Marked out of 1 Flag question Question text The ability to select and cultivate a subgroup of people to whom you directly promote your services in a way strategically designed to satisfy their specific needs and preferences is best described as: Select one: a. selective marketing. b. target or niche marketing. c. neighborhood marketing. d. local advertising. Question 8 Not yet answered Marked out of 1 Flag question Question text The people in your target market are collectively referred to as your: Select one: a. Facebook friends. b. sphere of influence. c. constituency. d. none of the above. Question 9 Not yet answered Marked out of 1 Flag question Question text Paid promotion used to help persuade a buyer or seller to talk to you is best described as: Select one: a. advertising. b. marketing. c. publicity. d. payola. Question 10 Not yet answered Marked out of 1 Flag question Question text Unpaid communication and relationships with various public audiences is best described as: Select one: a. public relations. b. publicity.

c. advertising. d. a waste of time. Question 11 Not yet answered Marked out of 1 Flag question Question text A software application that runs in a smartphone, tablet, or other portable device is called: Select one: a. an operating system. b. a mobile application. c. a driver. d. a router. Question 12 Not yet answered Marked out of 1 Flag question Question text The process of getting a listing’s information displayed on numerous other websites around the internet is called: Select one: a. advertising. b. collaborating. c. a listing syndication. d. promotion. Question 13 Not yet answered Marked out of 1 Flag question Question text Which is by far the most often visited social networking site on the internet? Select one: a. My Space b. e-Harmony c. LinkedIn d. Facebook Question 14 Not yet answered Marked out of 1 Flag question Question text A type of barcode that consists of square dots arranged in a square grid on a white background which can be read by an imaging device and processed is called a(n): Select one: a. tweet code. b. quick response (QR) code. c. pin code. d. an e-post code. Question 15

Not yet answered Marked out of 1 Flag question Question text A “red flag" warning of a potential rental fraud is: Select one: a. an advertised rental rate low for the area. b. a requirement that advance payment of rents and deposits be made via cash or wire transfer. c. the unwillingness of the prospective landlord or agent to meet in person. d. all of the above. Question 16 Not yet answered Marked out of 1 Flag question Question text The study and prediction of things people do as they age is called: Select one: a. marketing. b. demographics. c. anthropology. d. progressive consumerism. Question 17 Not yet answered Marked out of 1 Flag question Question text What is the segment of the U.S. population born between 1982 and 2004 referred to as? Select one: a. Millenials b. Baby boomers c. Generation X d. Generation Y Question 18 Not yet answered Marked out of 1 Flag question Question text Which segment of the U.S. population is predicted to eventually make up 50% of the workforce? Select one: a. Baby boomers b. Rappers c. Millennials d. Veterans Question 19 Not yet answered Marked out of 1 Flag question Question text

According to the U. S. Census Bureau, at what is the "Average Peak Age” that people will purchase a starter house? Select one: a. Mid twenties b. Early thirties c. Late thirties d. Early forties Question 20 Not yet answered Marked out of 1 Flag question Question text If marketing starter homes, which marketing tools are more likely to be most effective? Select one: a. Direct Mail b. E-mails c. Social Media d. Both b and c Chapter 9 Question 1 Not yet answered Marked out of 1 Flag question Question text The key to most real estate transactions is: Select one: a. financing. b. advertising. c. commissions. d. all of the above. Question 2 Not yet answered Marked out of 1 Flag question Question text The rate stated in the note is the: Select one: a. effective interest rate. b. nominal interest rate. c. both a and b. d. none of the above. Question 3

Not yet answered Marked out of 1 Flag question Question text The charge for borrowing money is called: Select one: a. boot. b. usury. c. interest. d. chattel. Question 4 Not yet answered Marked out of 1 Flag question Question text Points are figured on the: Select one: a. amount of the new loan. b. the selling price of the property. c. amount of commission. d. all of the above. Question 5 Not yet answered Marked out of 1 Flag question Question text A charge to the borrower for paying off all or part of a loan balance before the due date is: Select one: a. called usury. b. called interest. c. illegal. d. called a prepayment penalty. Question 6 Not yet answered Marked out of 1 Flag question Question text A prepayment penalty for a one- to four-unit home loan is only enforceable during the first: Select one: a. twenty years of the loan. b. ten years of the loan. c. five years of the loan. d. two years of the loan. Question 7 Not yet answered Marked out of 1 Flag question Question text Impound accounts are prepaid items consisting of reserves for:

Select one: a. property taxes. b. hazard insurance. c. mortgage insurance. d. all of the above Question 8 Not yet answered Marked out of 1 Flag question Question text Which of the following is considered an institutional lender? Select one: a. Savings banks b. Commercial banks c. Life insurance companies d. All of the above Question 9 Not yet answered Marked out of 1 Flag question Question text Which of the following are direct lenders who fund loans themselves using an investor’s guidelines then sell the loan to that investor? Select one: a. Mortgage bankers b. Mortgage brokers c. Mortgage loaners d. None of the above Question 10 Not yet answered Marked out of 1 Flag question Question text Which of the following are licensed and shop for a lender for the borrowers and earn a fee by putting lender and borrower together? Select one: a. Mortgage bankers b. Mortgage brokers c. Mortgage finders. d. None of the above Question 11 Not yet answered Marked out of 1 Flag question Question text Savings and lender interest rates are generally determined by the market but influenced by actions of the: Select one: a. Federal Housing Finance Board and the Federal Reserve Board.

b. Federal Deposit Insurance Corporation and the U.S. Treasury. c. Federal Housing Administration and the Veterans Administration. d. all of the above. Question 12 Not yet answered Marked out of 1 Flag question Question text A loan for which the payments are usually the same each month for the life of the loan is a(n): Select one: a. adjustable rate mortgage. b. fixed rate mortgage. c. graduated payment mortgage. d. all of the above Question 13 Not yet answered Marked out of 1 Flag question Question text What occurs when monthly installment payments are insufficient to pay the interest accruing on the principle balance, so that the unpaid interest must be added to the principle due? Select one: a. Reverse amortization b. Forensic amortization c. Negative amortization d. Accelerated amortization Question 14 Not yet answered Marked out of 1 Flag question Question text With which loan product can the borrower receive monthly installments, or a lump sum, and the loan is usually only due and payable if the borrower discontinues occupying the property? Select one: a. Unamortized Mortgage Loan b. Reverse Mortgage Loan c. FEMA Mortgage Loan d. SBA Mortgage Loan Question 15 Not yet answered Marked out of 1 Flag question Question text FNMA stands for: Select one: a. Fannie Mae. b. Federal National Mortgage Association. c. both a and b. d. none of the above.

Question 16 Not yet answered Marked out of 1 Flag question Question text Which of the following federal acts allows loan applicants who have data collected to see their files? Select one: a. The Truth in Lending Act b. The Equal Credit Opportunity Act c. The Equal Access Act d. The Fair Credit Reporting Act Question 17 Not yet answered Marked out of 1 Flag question Question text What is the difference between market value and existing loans against the property called? Select one: a. Equity b. Boot c. Profit d. Proceeds Question 18 Not yet answered Marked out of 1 Flag question Question text The SAFE Act stands for the: Select one: a. State and Federal Expedience Act. b. Secure and Fair Enforcement Mortgage Licensing Act. c. Securitization After Funding Enforcement Act. d. State and Federal Experience Act. Question 19 Not yet answered Marked out of 1 Flag question Question text As a broker, you must keep the "Mortgage Loan Disclosure Statement" on file for: Select one: a. one year. b. two years. c. three years. d. five years. Question 20 Not yet answered Marked out of 1 Flag question

Question text Charging more than the legally allowed percentage of interest is called: Select one: a. commingling. b. coercion. c. usury. d. none of the above. chapter 10 Question 1 Not yet answered Marked out of 1 Flag question Question text The Escrow Act is found in the: Select one: a. Financial Code. b. Mortgage Code. c. Penal Code. d. all of the above. Question 2 Not yet answered Marked out of 1 Flag question Question text When escrow closes: Select one: a. separate agency changes to dual agency. b. dual agency changes to separate agency. c. dual agency changes to triple agency. d. none of the above. Question 3 Not yet answered Marked out of 1 Flag question Question text An escrow holder can be: Select one: a. a corporation. b. an attorney. c. a real estate broker acting as a real estate agent in the transaction. d. all of the above. Question 4 Not yet answered

Marked out of 1 Flag question Question text A statement by a lender, under a Deed of Trust, that provides information, such as the unpaid balance, monthly payment, and interest rate is referred to as a(n): Select one: a. Payoff Demand Statement. b. Escrow Request Statement c. Beneficiary’s Statement. d. Loan History Statement. Question 5 Not yet answered Marked out of 1 Flag question Question text The closing date is the date the documents: Select one: a. are drawn up. b. are destroyed. c. are recorded. d. all of the above. Question 6 Not yet answered Marked out of 1 Flag question Question text The process of proportionately dividing expenses or income to the date escrow closes is called: Select one: a. escrowing. b. proration. c. accounting. d. reconciling. Question 7 Not yet answered Marked out of 1 Flag question Question text Property tax prorations are based on the amount: Select one: a. the seller is paying. b. the buyer is paying. c. the agency is paying. d. all of the above. Question 8 Not yet answered Marked out of 1 Flag question Question text The "Structural Pest Control Certification Report":

Select one: a. is a written report given by a licensed pest control company. b. identifies any wood-destroying pests. c. identifies conditions likely to cause pest infestation. d. all of the above. Question 9 Not yet answered Marked out of 1 Flag question Question text Escrow reports real estate transactions to the: Select one: a. CalBRE. b. F.B.I. c. I.R.S. d. all of the above Question 10 Not yet answered Marked out of 1 Flag question Question text Condominium insurance is chosen by: Select one: a. the managing agent. b. the homeowner’s association. c. the buyer. d. escrow. Question 11 Not yet answered Marked out of 1 Flag question Question text A written summary of the property’s documents that evidences title is called the: Select one: a. abstract of title. b. absurdity of title. c. prospectus of title. d. prohibition of title. Question 12 Not yet answered Marked out of 1 Flag question Question text In compiling a “chain of title,” a title insurance company searches the: Select one: a. Federal Lands Office. b. County Clerk’s Office. c. County Recorder’s Office. d. all of the above.

Question 13 Not yet answered Marked out of 1 Flag question Question text Ordering a "Preliminary Title Report" is the: Select one: a. first step in the title search. b. second step in the title search. c. third step in the title search. d. final step in the title search. Question 14 Not yet answered Marked out of 1 Flag question Question text The “standard” and most common title insurance policy in California is the: Select one: a. CLTA policy. b. ALTA policy. c. BLTA policy. d. CRTA policy. Question 15 Not yet answered Marked out of 1 Flag question Question text Which of the following title insurance policies requires a survey? Select one: a. CLTA b. ALTA c. Both a and b d. None of the above Question 16 Not yet answered Marked out of 1 Flag question Question text No title insurance protects against: Select one: a. a document not properly signed. b. unmarketability of title. c. zoning changes. d. defective delivery of a document. Question 17 Not yet answered Marked out of 1 Flag question Question text

The “R” in the ALTA-R policy R indicates the policy is: Select one: a. Regulatory. b. Residential. c. Required. d. Refundable. Question 18 Not yet answered Marked out of 1 Flag question Question text The "Real Estate Settlement Procedures Act" requires that the settlement statement must be delivered: Select one: a. as soon as possible. b. within three business days after the close of escrow. c. within three business days after the opening of escrow. d. on or before the date of settlement, at no charge. Question 19 Not yet answered Marked out of 1 Flag question Question text The "Real Estate Settlement Procedures Act" allows the buyer to request the settlement statement: Select one: a. whenever he or she wants to. b. one business day before closing. c. one week before closing. d. ten business days before closing. Question 20 Not yet answered Marked out of 1 Flag question Question text The ¨Real Estate Settlement Procedures Act¨: Select one: a. covers first loans on one-to-four unit residential dwellings. b. has disclosure requirements for federally related lenders. c. is abreviated as RESPA. d. all of the above. Chapter 11 Question 1

Not yet answered Marked out of 1 Flag question Question text Who is the county officer who has the responsibility of determining the assessed valuation of land, improvements, and personal property used in business? Select one: a. The county appraiser. b. The county assessor. c. The county tax collector. d. The county revenue bureau. Question 2 Not yet answered Marked out of 1 Flag question Question text Anything that increases the usefulness of the structure, such as the addition of a bedroom or bathroom, is an example of: Select one: a. a taxable alteration. b. new construction. c. routine upgrade. d. reconstruction. Question 3 Not yet answered Marked out of 1 Flag question Question text A “rough” estimate of property tax is approximately: Select one: a. 1.00 percent of the sales price. b. 1.25 percent of the sales price. c. 1.50 percent of the sales price. d. 2.00 percent of the sales price. Question 4 Not yet answered Marked out of 1 Flag question Question text In California, the annual property tax increase is limited to: Select one: a. 1.00 percent. b. 1.50 percent. c. 2.00 percent. d. 3.00 percent. Question 5 Not yet answered Marked out of 1 Flag question

Question text Escrow prorates property taxes using a(n): Select one: a. CalBRE chart. b. estimate provided by the county in which the property is located. c. amount agreed to by the lender. d. using the seller’s tax bill. Question 6 Not yet answered Marked out of 1 Flag question Question text The primary responsibility for disclosure of any Mello-Roos bonds lies with: Select one: a. the seller. b. the county. c. the buyer’s broker. d. escrow. Question 7 Not yet answered Marked out of 1 Flag question Question text Which of the following can be deducted from personal taxes? Select one: a. Interest paid on personal residence b. Property taxes on a personal residence c. Prepayment penalties paid on a personal residence d. All of the above Question 8 Not yet answered Marked out of 1 Flag question Question text Which of the following can be depreciated for tax purposes? Select one: a. Only the buildings or other improvements on income, trade or business property b. Only the buildings or other improvements on residential property c. The land and the buildings on residential property d. The land and the buildings on income, trade or business property Question 9 Not yet answered Marked out of 1 Flag question Question text Income tax rates are an example of: Select one: a. regressive taxes. b. progressive taxes.

c. both a and b. d. none of the above. Question 10 Not yet answered Marked out of 1 Flag question Question text Taxes where the rates increase as the amount to be taxed increases are an example of: Select one: a. adjusted rate taxes. b. wealth redistribution taxes. c. progressive taxes. d. regressive taxes. Question 11 Not yet answered Marked out of 1 Flag question Question text The sales of real estate in which the payments for the property extend over more than one calendar year is a(n): Select one: a. commercial sale. b. installment sale. c. adjusted sale. d. all of the above. Question 12 Not yet answered Marked out of 1 Flag question Question text In a 1031 exchange, boot is defined as: Select one: a. cash or mortgage relief. b. illegal tax evasion. c. free money. d. none of the above. Question 13 Not yet answered Marked out of 1 Flag question Question text Inventory of properties held primarily for sale to customers is referred to as: Select one: a. dealer property. b. hidden property. c. deferred property. d. all of the above. Question 14 Not yet answered

Marked out of 1 Flag question Question text Which of the following does NOT qualify for tax-free exchange? Select one: a. Investment property b. Business property c. Dealer property d. Income property Question 15 Not yet answered Marked out of 1 Flag question Question text Under IRS Section 1031, any real property held for investment that can be exchanged for another investment property is referred to as: Select one: a. boot. b. fair-trade property. c. like-kind property. d. exchange property. Question 16 Not yet answered Marked out of 1 Flag question Question text Taxes that use the same rate no matter how much is earned are referred to as: Select one: a. repressive taxes. b. regressive taxes. c. marginal taxes. d. progressive taxes. Question 17 Not yet answered Marked out of 1 Flag question Question text An example of a regressive tax is the: Select one: a. federal income tax. b. state income tax. c. sales tax. d. all of the above. Question 18 Not yet answered Marked out of 1 Flag question Question text The broker does not have to see that 10 percent of the sales price is held in escrow if:

Select one: a. the property is nonresidential. b. the residential property is less than $300,000. c. the seller signs an affidavit of nonforeign status. d. all of the above. Question 19 Not yet answered Marked out of 1 Flag question Question text Which of the following is a factor in classifying a broker as a dealer? Select one: a. Frequency of sales b. Dollar volume c. Subdivision activity d. All of the above Question 20 Not yet answered Marked out of 1 Flag question Question text If the seller is a foreigner or resident of another state, California tax collection requirements put the burden on: Select one: a. the seller. b. the buyer. c. both a and b. d. none of the above.