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California Real Estate Questions And Answers With Verified Solutions Already Passed Latest Updated 2024
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California Real Estate Questions And Answers With Verified Solutions Already Passed Latest Updated 2024

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  • October 9, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • california real estate questions and answers with
  • gerard a nevada real estate licensee has been ad
  • which regulations or sections apply to the use o

Written for

  • California Real Estate
  • California Real Estate

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California Real Estate Questions And
Answers With Verified Solutions Already
Passed Latest Updated 2024
Gerard, a Nevada real estate licensee, has been advertising his services online to
California citizens. He sells resort property outside Las Vegas and believes the
California market could be very lucrative. Is it permissible for Gerard to advertise
in this manner? Why or why not? - ANSWER✔✔It is not permissible for Gerard to
solicit California residents. He must hold a California real estate license in addition
to his Nevada license.


Penny, a California licensee, has been advertised on the Internet. She specializes in
the sale of upscale homes in the Hollywood Hills area. Penny has been violating
the Business and Professions Code, Sections 10235.5 and 10140.6. What has she
done? - ANSWER✔✔Penny failed to indicate in the advertisement her license
status.


Which regulations or section(s) apply to the use of the Internet for advertising in
California? - ANSWER✔✔Commission's Regulation 2770


Which portion of the California Business and Professions Code consists of the
Subdivided Lands Law? - ANSWER✔✔Part 2, Sections 11000 to 11200 of the
Business and Professions Code


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 California real
estate license is required.


The law judge has just issued a decision based upon the findings in a formal
hearing of a real estate salesperson for various ethical violations. What could the

, California Real Estate Commissioner do at this point in the proceeding? -
ANSWER✔✔Reject or Accept the proposed decision, or reduce the proposed
penalty and make an official decision.


The main purpose of the California Department of Real Estate is -
ANSWER✔✔To protect the public


Hannah is a newly licensed California real estate salesperson. She has aspirations
of one day being the California Real Estate Commissioner. How does she get there
and what does she do once she's there? - ANSWER✔✔Hannah would need the
appointment of the Governor of California. Her primary duty as Commissioner
would be to enforce the laws in a manner in which maximum protection for real
estate consumers is achieved.


Katrina had her license suspended for making false promises to clients. She had a
habit of telling clients what they wanted to hear and never being able to state the
facts. Of course, she could never follow through with her statements and several
complaints were filed. Which guidelines constitute most suspensions? -
ANSWER✔✔Sections 10176 and 10177 of the Business and Professions Code.


Miranda helps her friend Lupe purchase a home. She researches the neighborhood,
assists her with a mortgage -- she essentially acts as Lupe's real estate agent. There
is only one issue, Miranda does not have a California license and Lupe has paid
Miranda for her help. Is this acceptable? - ANSWER✔✔It is certainly not
acceptable. Miranda is accepting compensation for representing another person in a
real estate transaction and she does not hold a California real estate license.


Susan is thinking of putting her home up for sale but doesn't want to use a real
estate agent. What are her options? - ANSWER✔✔Susan may sell her property
herself without obtaining a real estate license. Although she will be compensated
for the sale of her home, she is not representing another person.

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