escrow class

from R.E. 540

Cal BRE self evaluation checklist is

3 years

a broker must maintain a property transaction file for at least

uses the word "grant" in the title, conveys freehold estate

a grant deed

the life time of the grantee

a life state is a title given for

incompetent

a person who is not of sound mind or legally insane is considered

ownership,,,liens and encumbrances,,,easements,,,

a preliminary title report contains details about a piece of real estate, incluiding

transaction coordinator

a real estate professional who assist the agent and broker in the processing of the legacy complaint real estate property transaction file is known as a

transaction coordinator

a real estate professionals who assists the agent and broker in processing of the legally compliant real estate property transaction file is know as a

real property,,,personal property

a refrigerator is

a tickler file

a review system that reminds you can check each file periodically is called

free up time for prospecting and making appointments,,,maintain a transaction file,,,,remember important details of a specific transaction

a transaction coordinator (TC) can help the agent

certified transaction coordinator

a transaction management program for all real estate licensees and unlicensed transaction coordinators who want to build and establish a transaction coordinator business is the

transaction offer, total offset,transfer officer

frequently used in the escrow an title insurance industry, the term T.O. refers a

excel

if you want to create your own checklist , which of the following would probably be the best application to use?

a neutral party,,,,a stakeholder,,,,the third person

in an escrow , the escrow holder is

a person who have never been married

in the escrow instructions the single status applies to

both principals sign written instructions

it is entirely proper for a broker to by both principals whether it be an exchange or even a simple sale, provider

means the escrow holder has a duty to act in the highest good faith,,,,requires the escrow holder to protect the trust and confidence of the principals,,,,is a fiduciary relationship

the relationship of an escrow agent with the parties to an escrow

deed transfer

throughout the world , the most common method of acquiring ownership (title) to real property is by

the item or notes become inactive

what happens happens when the property passes to the new owners if the preliminary report of title contains an exceptions or notes concerning a declarations of homestead?

agency disclosure ,,,,transfer disclosure statement (TDS),,,foreign investment in real property tax act (FIRPTA)

which of the following are benchmark documents included in the C.A.R. reg transaction checklist

san bernardino, mt. diablo,hum

which of the following is a reference point in california

the follow the written instructions from the principals,,,,,their information is strictly confidential,,,,their position is strictly neitral

which of the following is true concerning the appropriate behavior of escrow holders

escrow holders can only act on written instructions, every aspect of an on escrow must be initiated by written, signed instructions, written escrow instructions constituted a contract

which of the following is true regarding escrow

bilateral instructions

which of the is following is a single escrow instructions signed by both the buyers and sellers?

documents using a power of attorney must show that the attorney-in fact is conveying or conveying or receiving tittle , not the principal

which or the following is false concerning transaction involving an attorney-in fact?

obviously illegal

you should refuse to accept any escrow that is

stakeholder

an escrow holder is also known as a

both the buyer and seller

an escrow holder is an agent, limited by the escrow instructions to

sensitive to clients need, strictly impartial

an escrow officer must be

warranty deeds

deeds that spell out in specific wording exactly what they warrant are called

advise clients about legal metters

escrow holders should never

real property

escrow involves the sale, exchange, or loan transaction of

anything that can be owned or possessed that is not real property

personal property is

prior to the transfer f property

prorations apply to charges incurred by either party

hypotecation

putting up a property as collateral for a loan without giving up possession of it is called

the country where the property is located

real property transfers must be recorded in

transaction management system

the C.A.R. reg. app that helps track and manage transactions from listing to closing is the

dotloop

the app allows clients,lenders,brokers,inspectors and agents to work together in one place ans guides users through the transaction loop sequentially is