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Q1 2024 CA DRE Exam Prep (Chapter 6: Practice Of Real Estate And Disclosures) Questions And Answers With Verified Solutions 100% Correct!!! $13.49   Add to cart

Exam (elaborations)

Q1 2024 CA DRE Exam Prep (Chapter 6: Practice Of Real Estate And Disclosures) Questions And Answers With Verified Solutions 100% Correct!!!

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  • Course
  • California real estate
  • Institution
  • California Real Estate

Q1 2024 CA DRE Exam Prep (Chapter 6: Practice Of Real Estate And Disclosures) Questions And Answers With Verified Solutions 100% Correct!!!

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  • October 9, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • California real estate
  • California real estate
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Q1 2024 CA DRE Exam Prep (Chapter 6:
Practice Of Real Estate And Disclosures)
Questions And Answers With Verified
Solutions 100% Correct!!!
Requirements for licensing as a real estate salesperson include all except -
ANSWER✔✔Ownership of property

A real estate brokers advertisements need to include - ANSWER✔✔the name of
the broker and license number

An unlicensed assistant may - ANSWER✔✔prepare a comparative market
analysis(CMA) for a client

Roland, a broker, arranges a sale and opens escrow. Before escrow closes, his
license is revoked by the Department of Real Estate (DRE). What happens to
Roland's commission? - ANSWER✔✔Roland gets his commision

A salesperson commision is paid by - ANSWER✔✔the broker

Real estate licenses are issued for - ANSWER✔✔4 years

Robert, a developer who is unlicensed, hires Yvonne, a broker, to sell his
properties. While Yvonne is out of town, Robert shows property, quotes prices and
makes sales. Have Robert or Yvonne violated the Real Estate Law? -
ANSWER✔✔Neither Robert nor Yvonne has done anything wrong

An advertisement must include - ANSWER✔✔Licensees name & License number

The prohibits an employer from discriminating against a person with a disability
seeking employment based on their disability - ANSWER✔✔Americans with
Disabilities Act (ADA)

Salesperson Sally advertised in a newspaper that anyone who bought a home
through her services would receive a free home appliance valued up to $500. Such

, an advertisement is: - ANSWER✔✔legal, provided full disclosure is made to all
interested parties.

What is the free flow of commercial information? - ANSWER✔✔First
Amendment

A Prohibition against a "For Sale" sign in a residential neighborhood: -
ANSWER✔✔violates the First Amendment.

If a group of brokers agreed to divide a market area or set commission rates, it
would - ANSWER✔✔violate Anti-Trust Law

Any suggestion by a licensee that the racial makeup of a neighborhood is changing
to induce panic selling is an example of: - ANSWER✔✔Blockbusting

The Uniform Commercial Code, which pertains to a bulk sale transfer, exists
primarily for the protection of - ANSWER✔✔Creditors

When purchasing a business, the buyer needs to be certain a certificate of clearance
has been issued by the - ANSWER✔✔State Board Of Equalization (SBOE)

The best guideline whether an action is ethical can be found in - ANSWER✔✔The
business and professions code

A prospective buyer is interested in purchasing a vacant lot in a rural subdivision.
The buyer wishes to know about sewer assessments, liens, utilities to the lot,
blanket encumbrances and street maintenance. The source that provides all of this
information is the: - ANSWER✔✔Real estate commissioner

If a licensee's name is on a list of obligors who have not complied with a court-
ordered payment of child support, the licensee's renewal application will: -
ANSWER✔✔renew as a temporary license, but the debt must be paid within 150
days

State regulations in California contain a statement that prohibits discrimination due
to race, color, religion, marital status, national origin, or ancestry. Discrimination
in which of the following areas would not be a direct violation of the Rumsford
Act? - ANSWER✔✔Unimproved land to be used for a commercial development.

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