California Real Estate Practice Exam

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Study for the California Real Estate Exam. Engage with multiple choice questions and detailed explanations to sharpen your knowledge. Get ready to ace your real estate career!

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What is the time period after the notice of termination in which a homeowner in a mobile home park can pay the bills to avoid default?

15 days
30 days
45 days
60 days

The correct answer is: 30 days

This is because, according to most state laws, homeowners in mobile home parks are given 30 days from the date of the termination notice to pay their bills and avoid default. Option A and C are too short of a time period, and option D is longer than what is typically allowed by state laws. It is important to note that this time period may vary depending on the state and specific park regulations, so it is important to check local laws and contracts.