A real estate broker may have difficulty with personal property because its ownership rights and identification may be difficult to determine. This is because personal property can:

A: Be alienated;
B: Be hypothecated;
C: Become real property;
D: All of the above.

Answer: D: All of the above.

Business

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The Subdivision Map Act requires:

A: Delivery of a copy of the Real Estate Commissioner's public report to all prospective purchasers; B: The subdivider to prepare a tentative map and file it with the city or county; C: Insertion of release clauses in all blanket mortgages covering subdivision property; D: Submission of proposed sales contracts for subdivision lots that a local governing agency had approved.

Business

Money is automatically drawn from the buyer's account and deposited into the supplier's account in an electronic funds transfer (EFT)

Indicate whether the statement is true or false.

Business