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Chapter 16: California Real Estate License Law Questions And Answers With Verified Solutions Already Passed Latest Updated 2024 $13.49   Add to cart

Exam (elaborations)

Chapter 16: California Real Estate License Law Questions And Answers With Verified Solutions Already Passed Latest Updated 2024

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  • Course
  • California Real Estate
  • Institution
  • California Real Estate

Chapter 16: California Real Estate License Law Questions And Answers With Verified Solutions Already Passed Latest Updated 2024

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  • October 9, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • lar
  • California Real Estate
  • California Real Estate
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Chapter 16: California Real Estate
License Law Questions And Answers
With Verified Solutions Already Passed
Latest Updated 2024
California real estate laws are found in the: - ANSWER✔✔Business and
Professions Code.


The California real estate laws are found in the California Business and
Professions Code.


The first renewal of a real estate license requires completion of __________ hours
of continuing education during the previous four years. - ANSWER✔✔45


45 hours of continuing education completed within the previous four years are
required for first renewal of a salesperson or broker real estate license.


A real estate license entitles a licensee to represent a client in: -
ANSWER✔✔*property management activity.


*business opportunities.


*loan brokerage.


*All of the above (correct answer)


All of the activities listed may be performed by a real estate licensee.

, Larry is a broker representing Mark Wood in the sale of his house. Mark is in
Europe for two weeks and cannot be reached. Kellie Jones, the buyer of the
property, contacts Larry to advise him that the closing needs to be extended for one
week. Larry, knowing that Mark will benefit from the extension because he will
not be given possession of the house he has purchased until his sale closes, signs
Mark's name to an addendum extending the closing. - ANSWER✔✔exceeded the
scope of his authority and violated real estate law.


A licensee can never alter any term of a contractual agreement without the express
written authority of a principal.


A licensee hired by a broker to engage in real estate activity on behalf of the broker
must: - ANSWER✔✔*never infer to a customer or client that they are in business
for themselves.


*be employed under the terms of a written agreement that documents their
employment relationship.


*receive all compensation from the broker.


*All of the above (correct answer)


All of the conditions are required


A licensee can advertise a listed property by means of a blind ad when: -
ANSWER✔✔The licensee can never distribute a blind advertisement.

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