A State-Run Program Where Real Estate License Fees Are Used

question 39

Multiple Choice

A state-run program where real estate license fees are used, in part, to pay uncollected judgements against licensees is a

• A) bonding program.
• B) recovery fund.
• C) multiple listing service.
• D) equalization fund.

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Definitions:

Predicted Dates

Estimated dates or time periods for future events based on current knowledge or analysis.

Historical Earthquakes

Historical earthquakes are seismic events that have occurred in the past, whose impacts and characteristics have been recorded and studied through history and geology.

Seismic Gaps

Regions along active faults where no recent earthquakes have occurred, but where strong earthquakes are thought to be likely to occur in the future.

San Andreas Fault

A major geological fault in California known for producing significant earthquakes.