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California Real Estate Notes Questions And Answers With Verified Solutions Already Passed!!!
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California Real Estate Notes Questions And Answers With Verified Solutions Already Passed!!!
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California Real Estate Notes QuestionsAnd Answers With Verified Solutions
Already Passed!!!
Real Estate Law - ANSWER✔✔Part 1, Sections 10000 to 10580 of the Business
and Professions Code
Subdivided Lands Law - ANSWER✔✔Part 2, Sections 11000 to 11200 of the
Business and Professions Code
California Bureau of Real Estate (CalBRE) - ANSWER✔✔A real estate regulatory
body that is headed by the Real Estate Commissioner, administers the real estate
license laws, handles advertising, funds, clients, and customers
Commission's Regulation 2270 - ANSWER✔✔Anyone who advertises about
services over the Internet is NOT to be considered a real estate broker in
California, if ONE of these apply...
As an examinee, or a new licensee, where is the best, most accurate source for
current California Bureau of Real Estate information? - ANSWER✔✔The CalBRE
website
Is it permissible to advertise real estate associated services or products in
California without a California real estate license? - ANSWER✔✔Yes, as long as
the products or services do not include any actions for which a Califonia real estate
license is required.
California licensing laws define: - ANSWER✔✔- Real Estate Brokerage
- Handling Trust Funds
,- Managing Escrow Accounts
Which regulation or section(s) apply to the use of the Internet for advertising in
California? - ANSWER✔✔Commission's Regulation 2270
An examinee or licensee may perform what translations on the CalBRE website? -
ANSWER✔✔- Check test results
- Renew salesperson and broker license
- Obtin the current testing schedule
B&P Sections 10235.5 and 10140.6 - ANSWER✔✔Licensees who advertise on
the Internet are required by law to indicate their license status
CalBRE mission statement: - ANSWER✔✔To protect the public in real estate
transactions and provide related services to the real estate industry.
The California Legislature enacted the nation's first real estate license law in ____.
- ANSWER✔✔1917
Real Estate Commissioner - ANSWER✔✔Governs the entire California Bureau of
Real Estate, appointed by the Governor, and serves as the chief executive of the
Bureau of Real Estate
Police Power - ANSWER✔✔The right to state to enact and enforce laws for the
order, safety, health, morals, and general welfare of the public
, Commissioner's responsibility - ANSWER✔✔To enforce laws in a manner in
which maximum protection for real estate consumers is achieved
Commissioner's mission - ANSWER✔✔To enforce the Real Estate Law and the
Subdivided Lands Law in a manner that offers the maximum protection for persons
dealing with real estate licensees and for purchasers of subdivided real property
Commissioner qualifications - ANSWER✔✔The Commissioner candidate must
have served for a minimum of 5 years as a real estate broker actively engaged in
the real estate business in California, OR must posses 5 years' related experience
associated with real estate activity in California during the last 10 years.
Section 10132 - ANSWER✔✔Defines a real estate salesperson and the acts
requiring licensure and employment by a real estate broker
Fingerprint requirements - ANSWER✔✔In California, an applicant for any real
estate license must submit one set of classifiable fingerprints to the State
Department of Justice (DOJ).
All California real estate licenses are issues for a period of ____ years. -
ANSWER✔✔Four (4)
Continuing education - ANSWER✔✔The continuing education requirement in
California is 45 hours for every four years to renew a license.
The CalBRE does not accept an application for license renewal earlier than ____
days prior to the expiration of the license. - ANSWER✔✔60
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