Property Ownership and Land Use Practice Question
Question
An investor is comparing two properties involving lot and block descriptions. Which response best protects the client and keeps the transaction compliant? (Item 157)
Answer choices
- A. Identify subdivision map references as legal descriptions.
- B. It removes the need for written disclosure if the licensee believes the client already knows.
- C. It can be ignored if the transaction is expected to close quickly.
- D. It requires the licensee to favor the other party over the licensee’s own client.
Correct Answer
A. Identify subdivision map references as legal descriptions.
Explanation
The correct answer is A because lot and block descriptions requires candidates to identify subdivision map references as legal descriptions. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.
Question details
- Difficulty: medium
- Domain: Property Ownership and Land Use
- Objective: lot and block descriptions