California Real Estate Practice Exam

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Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

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How many times may a mobile home owner cure a default in payment in a 12-month period?

Once
Twice
Three times
Unlimited

The correct answer is: Unlimited

Mobile home owners may cure a default in payment as many times as needed within a 12-month period. Option A is incorrect because it states that the owner may only cure a default once within a 12-month period, which is not true. Option B is incorrect because it states that the owner may only cure a default twice within a 12-month period, which is also not true. Option C is incorrect for the same reason as options A and B. Option D is correct because it states that the owner has unlimited times to cure a default in payment within a 12-month period, which is the correct answer.