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CA Legal Aspects in Real Estate > Ch 11 CA RE Legal Aspect - Escrow > Flashcards

Ch 11 CA RE Legal Aspect - Escrow Flashcards

1
Q

The listing agent must sign the purchase contract, in addition to the buyer and seller…?
AT (True)
BF (False)

A

(True)

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2
Q 
Which of the following authorizes the escrow agent to carry out the escrow instructions…?
AThe listing contract
BThe buyer representation agreement
CThe escrow agreement
DThe title contract
A

The escrow agreement

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3
Q

A broker is never allowed to serve as an escrow agent in a transaction…?
AT (True)
BF (False)

A

False

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4
Q 
Escrow may be handled by which of the following…?
AInsurance companies
BTitle companies
CBanks
DAll of the above
A

All of the above

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CA Legal Aspects in Real Estate (16 decks)

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