5 Agency - 1 AGENCY WHO RECEIVES YOUR AGENCY. 2 CHAPTER 5...

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Unformatted text preview: 1 AGENCY WHO RECEIVES YOUR AGENCY. 2 CHAPTER 5 HERE ARE THE ANSWERS 3 1. An easement on a parcel of land may be removed from the records by one of the following: a. reconveyance deed. b. unlawful detainer action. c. recording a quitclaim deed executed by the user of the easement to the servient tenement. d. lis pendens action. C 4 2. Materials were delivered to a building site for the construction of a commercial building. In order to be sure of collection for the cost of the material, the supplier should file a: a. homestead declaration b. preliminary notice c. surety bond d. subordination lien B 5 3. The terms ingress and egress refer to: a. utilities b. streams c. encroachments d. easements D 6 4. An easement is defined as: a. a general lien on real property b. an encumbrance on real property c. an equitable restriction on real property d. a specific lien on real property B 7 5. A formally declared homestead can be terminated in all of the following ways, except by: a. renting the property b. making untrue statements in the homestead declaration c. selling the property d. filing an abandonment of homestead A 8 6. When a property owner discovers that a neighbor has built a fence on a portion of his or her property, how long does the property owner have to bring an action against the neighbor? a. six months b. two years c. three years d. indefinitely C 9 7. A mechanic's lien can be filed and recorded for the benefit of: a. painters b. subcontractors c. material suppliers d. all of the above D 10 8. Which document does not need to be recorded to be valid? a. mechanic's lien b. deed c. formal homestead declaration d. none of the above need be recorded to be valid B 11 9. One way of acquiring an easement is by prescription. All of the following are required for the creation of this type of easement, except: a. pay the property taxes for five years b. use the property hostile to the true owner's wishes c, use the property open and notoriously d. have some right of claim or color of title A 12 10. A plaintiff takes a case to court and obtains a judgment. In order to create a lien on the defendant's property, the plaintiff must...
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5 Agency - 1 AGENCY WHO RECEIVES YOUR AGENCY. 2 CHAPTER 5...

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