81. Assume that after you purchased a property you find that your neighbor has mistakenly built a fence three feet over the property line, this is an example of:

A. An easement

B. An encroachment

C. An appurtenance

D. Adverse possession

Answer: B. An encroachment

82. If the U.S. Government obtained a lien against a taxpayer for unreported rental income, it would be classified as:

A. General

B. Voluntary

C. Specific

D. None of the above

Answer: A. General

83. Which of the following is not a requirement of a grant deed?

A. Adequate description

B. Signature of grantee

C. Written document

D. Signature of grantor

Answer: B. Signature of grantee

84. All of the following acts would be a violation of the California Fair Housing Law (Rumford Act) except:

A. An owner refuses to sell to two parties because the buyers are unmarried

B. An owner refuses to rent a room within their residence to a tenant because of their religious beliefs

C. An owner of a duplex refuses to rent one unit to a tenant because of the prospect’s race

D. An owner of a large apartment complex refuses to lease to a single person because most tenants are married

Answer: B. An owner refuses to rent a room within their residence to a tenant because of their religious beliefs

85. A married couple selling their residence of the past 10 years may exclude what maximum amount of capital gain?

A. $250,000

B. $500,000

C. $100,000

D. $750,000

Answer: B. $500,000

86. An attorney-in-fact can best be described as:

A. A real estate broker who has a signed listing

B. An authorized party that represents both parties in a sales transaction

C. An attorney appointed by the court to administer an estate of a deceased person

D. A legally competent person who has been given the power of attorney by another competent person

Answer: D. A legally competent person who has been given the power of attorney by another competent person

87. A group of neighbors who had pleaded with their neighbor Charles to stop burning garbage on his property, finally obtained a court order to stop him from continuing to do so. This court order would be known as:

A. A judgment

B. An injunction

C. Inverse condemnation

D. An indenture

Answer: B. An injunction

88. A landlord would be in violation of the California Fair Housing Law if he or she required each prospective tenant to:

A. Provide references from the past two landlords

B. Secure a co-signer for the lease if the prospect is an unmarried individual

C. Be gainfully employed and meet minimum credit requirements

D. Pay the first month’s rent in advance plus two month’s as a security deposit

Answer: B. Secure a co-signer for the lease if the prospect is an unmarried individual

89. The maximum allowable commission for the negotiation of a lease agreement is limited by:

A. Law, regardless of the lease term

B. Agreement between the parties

C. Law, if the lease is for a term of less that one year

D. The Realtor’s Code of Ethics

Answer: B. Agreement between the parties

90. A broker needs to provide which of the following to licensees if they are independent contractors:

A. Health insurance

B. Worker’s compensation

C. Disability insurance

D. Unemployment insurance

Answer: B. Worker’s compensation