CSV #s Flashcards

2
Q

days after delivery of TDS in person to buyer, for buyer to terminate his offer in writing

A

3

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3
Q

business days after loan docs signed, Truth in lending right to rescind

A

3

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4
Q

days after delivery of TDS by mailing to buyer, for buyer to terminate his offer in writing

A

5

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5
Q

Week after closing, the broker / escrow must record trust deed

A

1

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6
Q

days to post and record a Notice of Non-Responsibility

A

10

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7
Q

days for a broker to recommend a lender record a trust deed

A

10

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8
Q

calendar days for agent to report sale of registered mobilehome to the Dept. of Housing and community Development

A

10

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9
Q

days landlord must return security deposit to tenant

A

21

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10
Q

days a broker must remove earned fees in excess of $200 from his trust account

A

25

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11
Q

a broker must reconcile his/her client trust account________

A

monthly

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12
Q

July 1-June 30

A

Property Tax Year

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13
Q

Oral Lease of Real Property

A

1yr or less

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14
Q

from the date you take the exam to apply for your RE Lic. After you pass the exam

A

1yr

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15
Q

to file a Rumford Act complaint / the Dept. of Fair Employment and Housing

A

1yr

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16
Q

grace period to renew your RE lic after it expires

A

2yrs

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17
Q

to sue an agent for failure to disclose the defects in the TDS

A

2yrs

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18
Q

keep all RE documents

A

3yrs

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19
Q

to sue a neighbor to have an encroachment removed

A

3yrs

20
Q

for overages in a trust account to be turned over to the Controllers Office

A

3yrs

21
Q

Promotional Note is no longer a real property security

A

37mo.

22
Q

must renew sales and broker Lic.

A

4yrs

23
Q

possession required to take title by adverse possession

A

5yrs

24
Q

usage to create an easement by prescription

A

5yrs

25
Q

non-use terminates an easement created by prescription

A

5yrs

26
Q

DBA expires

A

5yrs

27
Q

Min depreciation period for Resi Income Property

A

27.5yrs

28
Q

Min depreciation period for Comm’l Income Property

A

39yrs

29
Q

Jones V. Mayer established the 13th Amendment as a basis for Fair Housing Laws

A

1968

30
Q

9sq Feet

A

1sq Yard

31
Q

Min. Ceiling Height (FHA)

A

7.5’

32
Q

approx Width of an easement which is 1 mile long and covers 3 acres

A

25’

33
Q

43,560 sq ft (209’x209’)

A

1 Acre

34
Q

4,840 sq yrds (209’x209’)

A

1 Acre

35
Q

1/4 of a section, measuring 1/2 mi by 1/2 mi

A

160 Acres

36
Q

5,280 ft Long

A

1 Mile

37
Q

1 Section

A

1 Mile Sq

38
Q

640 Acres

A

1 Mile Sq

39
Q

640 Acres

A

1 Section

40
Q

1 township=36 sections=36 sq miles (1/2township=18sq mi)

A

6 Mile Sq

41
Q

36 sq miles

A

36 sections

42
Q

18 sq miles

A

1/2 township

43
Q

36 sections

A

1 township

44
Q

36 town ships

A

36 sq mi