1. Buyers ________ to worry about their own child or spousal support issues in a real estate escrow transaction.

-- Select One -- need don't need

2. A ________ involves a court-appointed guardian acting on behalf of a "protected person".

-- Select One -- conservatorship living will conservatory probate

3. In most cases, powers of attorney authorize attorneys-in-fact to execute documents on behalf of ________. -- Select One -- trusts corporations partnerships individuals children

4. A title company can insure that access exists to a property when ________. -- Select One -- the owner’s neighbors write a letter that the owner has the right to cross their land there is a recorded easement agreement to benefit the property there is a paved road to the property the owner says so

5. Most often, a _________ is required to clear child and/or spousal support issue. -- Select One -- notarized Full Satisfaction of Judgment signed by payor notarized Partial Satisfaction of Support Judgment signed by the payee "Paid-in-full" statement signed by payee handwritten promise signed by the payor

6. __________ is an acceptable form of “collected” closing funds. -- Select One -- A check drawn on a Morgan, Dean, Stanley, Witter account A paycheck endorsed to "Pacific Northwest Title" Cash (as long as it is in the largest denominations possible) A bank cashier’s check

7. Parents who are not court-appointed guardians ________ sign deeds of behalf of their children.

-- Select One -- can cannot

8. A power of attorney _________ acceptable evidence for a title company that Mr. Smith is authorized sign all documents for Mrs. Smith, who is an incompetent person.

-- Select One -- is always may not be

9. Divorcing sellers should consider ________ before coming to the escrow signing for their sale.

-- Select One -- how to advise escrow agent to prepare the final Dissolution of Marriage how the net sale proceeds are to be distributed among the sellers who is responsible for any credit card debt who will have custody of any children from the marriage

10. A power of attorney is _________ valid and effective when the principal dies.

-- Select One -- still no longer

11. It is a good idea for legal access to the property to be verified _______. -- Select One -- right before the close of escrow before or when taking a listing agreement when the new buyer moves in when somebody asks if there is legal access to the property