11. The availability of funds in the primary market depends on the existence of the: a. secondary market. b. stock market. c. commodities market. d. foreign exchange market.

Home ownership for many groups of Americans has not always been fair. Over the years, federal laws have been enacted to prohibit discriminatory housing practices. These laws provide anti-discriminatory protection based on race, color, religion, sex, national origin, familial status, and disability. What is the name attributed to this group of Americans?

52. To be classified as a mobile home (manufactured housing), a vehicle must be: a. 15 feet wide, 60 feet long. b. 20 feet wide, 50 feet long. c. 12 feet wide, 30 feet long. d. 8 feet wide, 40 feet long.

98. In California the Real Estate Commissioner can:   a.  deny any license issued by the Department of Real Estate.   b.  suspend any license issued by the Department of Real Estate.   c.  revoke any license issued by the Department of Real Estate.   d.  all of the above.

50. In a foreclosure under a Deed of Trust the Notice of Sale must be published in a newspaper for: a. 6 weeks.                               b. 3 weeks. c. 5 days.                        d. 3 days.

99. In addition to any individual state requirements, pre-requisites for licensing by NMLS include: a.  testing. b.  a criminal background check. c.  pre-licensing education. d.  all of the above.

45. The seller in a real estate land contract is known as the: a. pawn.                             b. vendor.                                   c. vendee.                          d. none of the above.

75. A charge to the borrower for paying off all or part of a loan balance before the due date: a. is illegal in California. b. is called a prepayment penalty. c. is called an impound account. d. all answers are correct.

26. In a trust deed, the party who is lending the money is called the: a. trustor. b. trustee. c. beneficiary. d. none of the answers are correct.

90. The listing contract is a: a. unilateral contract. b. bilateral contract. c. negotiable contract. d. none of the answers are correct.