California Real Estate ENTRY Exam LATEST SOLUTION WITH 200+ QUESTIONS AND VERIFIED ANSWERS
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Course
California Real Estate
Institution
California Real Estate
California Real Estate ENTRY Exam
LATEST SOLUTION WITH 200+
QUESTIONS AND VERIFIED ANSWERS
California Real Estate ENTRY Exam
LATEST SOLUTION WITH 200+
QUESTIONS AND VERIFIED ANSWERS
California Real Estate ENTRY Exam
LATEST SOLUTION WITH 200+
QUESTIONS AND VERIFIED ANSWERS
2024-2025
The judge has just issued a decision for ethical violations of a real estate
salesperson. What is the role of the California Real Estate Commissioner in
the proceeding? - CORRECT ANSWER>>Dismiss the findings if the
charges are not sustained at the hearing, as well as to reduce the proposed
penalty and make an official decision.
Bill the broker received a very high offer on a piece of property from a
buyer. Bill makes a low offer through a dummy purchase, or an accomplice
who is not a buyer at all. Bill sells the property for the higher price. What's
the violation? - CORRECT ANSWER>>Secret Profit
Katrina had her license suspended for making false promises to clients.
She could never follow through with her statements and several complaints
were filed. Which guidelines constitute most suspensions? - CORRECT
ANSWER>>Sections 10176 and 10177 of Business and Professions Code
,California licensing laws define which of the following: - CORRECT
ANSWER>>Real Estate Brokerage, Handling Trust Funds, Managing
Escrow Account
Which portion of the California Business and Professions Code consists of
the subdivided lands law? - CORRECT ANSWER>>Part 2, Sections
11000 to 11200 of the Business and Professions Code
A Nevada real estate licensee has been advertising his services online to
California citizens. Is this permissible? - CORRECT ANSWER>>It is not
permissible to solicit California residents if you don't have a California real
estate license.
A California licensee has been advertising on the Internet. She has been
violating the Business and Professions Code, Sections 10235.5 and
10140.6. What has she done? - CORRECT ANSWER>>She failed to
indicate her license status in the ad.
Upon completion of this course, you should understand: - CORRECT
ANSWER>>The facts regarding disclosure of commissions earned to all
parties in a transaction, real estate taxes and special assessments,
encumbrances (a claim against a property by another party. Encumbrance
usually impacts the transferability of the property and can restrict its free
use until the encumberance is removed), liens, easements (non-
possessory right to use and/or enter onto the real property of another
without possessing it), and encroachments (property owner violates the
,property rights of his neighbor by building something on the neighbor's
land)
Which regulation apply to the use of the internet for advertising in
California? - CORRECT ANSWER>>Commission's Regulation 2770
Where can Mike find the exam's purpose and requirements? - CORRECT
ANSWER>>California Business and Professions Code Section 10153
John is trying to learn about "Professional Code". What sources have input
on this topic? - CORRECT ANSWER>>General and state legislation,
industry self-regulation through trade associations and institutes, state real
estate licensing regulation
Where does a person go with a complaint regarding discrimination? -
CORRECT ANSWER>>The Office of Fair Housing and Equal Opportunity
(OFHEO)
A couple with excellent credit and good careers are denied a loan. What's
the violation? - CORRECT ANSWER>>The couple has been denied the
full protection of the Equal Credit Opportunity Act (ECOA). The ECOA is a
part of the Fair Financing Laws.
Jane has filed her complaint of discrimination. She also wants to seek
punitive damages. What are her options? - CORRECT ANSWER>>Jane
may file suit within two years of the violation. She may seek a restraining
order, actual damages, and punitive damages of up to $1,000.
, What is the largest area of Standards and Practices? - CORRECT
ANSWER>>Article 16 - Ethics and Agency Relationships
There are shutters installed throughout the home, and the owner wants to
take them with him to his new home. Which of the five tests for real and
personal property applies? - CORRECT ANSWER>>Method of
attachment, adaptability (built-in vs. not), and intent (agents should write
into the offer items that may lead to misunderstandings, such as a ceiling
fan).
A family is clearing many trees to build a guest house. They plan on selling
the wood to the neighbors. What process applies? - CORRECT
ANSWER>>Severance- Changes real property to personal property.
Jonathan decides to sell his home and transfer all of his property ownership
rights to the new buyer. This bundling and selling of rights is known as: -
CORRECT ANSWER>>Livery of Seisin- when you sell the entire bundle of
rights.
Which are water rights? - CORRECT ANSWER>>Littoral Right (beaches),
Doctrine of Prior Appropriation (irrigation), and Riparian Right (River).
The beach has disappeared from John's property after a violent storm.
Which term describes the damage? - CORRECT ANSWER>>Avulsion-
The sudden loss of land by an act of nature.
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