Ca Real Estate Exam Ch 1-15 Questions
And Answers With Verified Solutions
Already Passed Latest Updated 2024
Mikela wants to research and study the requirements for the California Real Estate
Examination Test. Where can she find the exam's purpose and requirements? -
ANSWER✔✔California Business and Professions Code Section 10153
Marc needs to score 12 points higher on the California State Licensing exam this
time to earn a passing score. What was his initial exam score? -
ANSWER✔✔Marc's initial exam score was 58% based on the required passing
score of 70%.
Miguel sits down, ready and prepared to take the examination. He neatly places his
slide rule, programmable calculator, single piece of scratch paper, answer sheet,
pencil and pocket-size electronic calculator on the desk and he is ready to begin.
Although extremely prepared, which item of Miguel's is NOT permitted in the
testing site? - ANSWER✔✔The programmable calculator
John completes the Salesperson Examination Application and submits it to the
California Department of Real Estate. Driving home from work, he realizes he
used his old address and not his new one on the application. What should he do? -
ANSWER✔✔Once a completed Salesperson Examination Application is
submitted to the DRE, no changes of any kind may be made to the application.
Raj is stressed. He is getting ready to take the salesperson examination and doesn't
know where to begin studying. Help Raj by telling him the examination topic(s)
with the largest concentration of questions. - ANSWER✔✔Practice of Real Estate
and Mandated Disclosures
,Lydia applied for the salesperson examination in January 2014. She sat for the
exam three times in 2014 and four times in 2015. Each time, Lydia did not receive
a passing score. How many times may Lydia sit through the examination in 2016?
- ANSWER✔✔Lydia may re-take the examination as many times as it takes to
earn a passing score, but her application will expire in January and she must
reapply first.
Lydia feared she did not pass the California State Licensing Exam AGAIN. As she
nervously opened the envelope that held the results, what was the first clue to the
outcome of her reexamination? - ANSWER✔✔She did NOT receive an actual
score this time in the mail. This means she finally passed the licensing exam, and
her license application is included in the envelope.
Sara waited and waited and waited for what she thought was a lifetime. Finally,
Thursday morning the results of her California real estate examination arrived.
What was the maximum length of "the lifetime" Sara waited and could she have
gotten her results by another method? - ANSWER✔✔Sara's lifetime wasn't too
long. The results are normally mailed out in five days. She could have also
received her results online through the eLicensing system and through the
Interactive Voice Response system.
Lydia has decided to actually spend a considerable amount of time STUDYING
for the exam this time, in hope of earning a passing score. Her application has
expired in the two years of fruitless reexaminations. What does she need to do to
reapply? - ANSWER✔✔File the Salesperson Examination Application
(RE400A)along with the appropriate fee.
Civil Rights Act of 1866. - ANSWER✔✔prohibits discrimination in housing based
on race. The prohibition relates to selling, renting, inheriting, and conveying real
estate.
,Executive Order 11063. - ANSWER✔✔In 1962, the President issued Executive
Order 11063 to prevent discrimination in residential properties financed by FHA
and VA loans. The order facilitated enforcement of fair housing where federal
funding was involved.
Civil Rights Act of 1968 Title VIII (Fair Housing Act) - ANSWER✔✔Title VIII
of the Civil Rights Act of 1968, known today as the Fair Housing Act, prohibits
discrimination in housing based on race, color, religion, or national origin.
New Fair Housing Regulation: "Equal Access to Housing in HUD Programs -
Regardless of Sexual Orientation or Gender Identity." - ANSWER✔✔This
regulation, effective March 5, 2012, applies to all HUD programs to ensure equal
access to housing for all Americans regardless of sexual orientation or gender
identity. The regulations add lesbian, gay, bisexual, and transgender (LGBT)
individuals to the protected classes.
Discriminatory misrepresentation - ANSWER✔✔An agent may not conceal
available properties, represent that they are not for sale or rent, or change the sale
terms for the purpose of discriminating.
Discriminatory advertising. - ANSWER✔✔An agent may not advertise residential
properties in such a way as to restrict their availability to any prospective buyer or
tenant.
Providing unequal services - ANSWER✔✔An agent may not alter the nature or
quality of brokerage services to any party based on race, color, sex, national origin,
or religion.
Steering - ANSWER✔✔the practice of directly or indirectly channeling customers
toward or away from homes and neighborhoods. Broadly interpreted, steering
, occurs if an agent describes an area in a subjective way for the purpose of
encouraging or discouraging a buyer about the suitability of the area.
Blockbusting - ANSWER✔✔Blockbusting is the practice of inducing owners in an
area to sell or rent to avoid an impending change in the ethnic or social makeup of
the neighborhood that will cause values to go down.
For example, Agent Smith tells neighborhood owners that several minority
families are moving in, and that they will be bringing their relatives next year.
Restricting MLS participation - ANSWER✔✔It is discriminatory to restrict
participation in any multiple listing service based on one's race, religion, national
origin, color, or sex.
Redlining - ANSWER✔✔residential financing practice of refusing to make loans
on properties in a certain neighborhood regardless of a mortgagor's qualifications.
In effect, the lender draws a red line around an area on the map and denies all
financing to applicants within the encircled area.
The Fair Housing Act allows for exemptions under a few specific circumstances. -
ANSWER✔✔-A privately owned single-family home where no broker is used and
no discriminatory advertising is used, with certain additional conditions.
-Rental of an apartment in a 1-to-4-unit building where the owner is also an
occupant, provided the advertising is not discriminatory.
-Facilities owned by private clubs and leased non-commercially to members.
-Facilities owned by religious organizations and leased non-commercially to
members, provided membership requirements are not discriminatory.
Jones v. Mayer - ANSWER✔✔In 1968, the Supreme Court ruled in Jones v.
Mayer that all discrimination in selling or renting residential property based on
race is prohibited under the provisions of the Civil Rights Act of 1866. Thus, while
