CA Real Estate Principles 2019

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This Federal law requires that private entities, including business establishments, are accessible to individuals who are disabled, and that those business establishments that are accessible to the public make reasonable accommodations...?

Americans with Disabilities Act

An executor or administrator must have a real estate license to dispose of a deceased person's real estate assets?

False

An item of personal property after being attached to real property is known as a...?

Fixture

The right of any political body to enact laws and enforce them, for the order, safety, health, morals and general welfare of the public is known as...?

Police Power

What does metes and bounds measure...?

Distance and Direction

The rights of a landowner or land occupier to use flowing water (such as a river) that is adjacent to the land are known as...?

Riparian rights

Lenders must perform what when determining if an individual qualifies for a loan, which is based on objective measures...?

Credit Based Lending

If the HUD Fair Housing Equal Opportunity poster is prominently displayed in a place of business relating to housing, the burden of proof for any discriminatory act falls on who...?

The Accuser

How many multiple choice questions are on the California real estate salesperson exam...?

150

In order to get your real estate salesperson license in California, you must be at least what age...?

18

This Civil Rights Act expanded the protected classes beyond race to include color, religion, sex, and national origin...?

Civil Rights Act of 1964

Any right to, or interest, in the land interfering with its use or transfer, or subjecting it to an obligation is known as...?

Encumbrance

The eating away of a coastline or land by the action of water, ice, and/or wind, or wearing away of a surface by corrosion or traffic is known as...?

Erosion

The reversion of the State of property in event the owner thereof abandons it or dies, without leaving a will and has no distributees to whom the property may pass by lawful descent is known as...

Escheat

All that one owns is known as their...?

Estate

Generally speaking, which law prevails over State law...?

Federal Law

The linear distance along which a building faces a lot line or a roadway is known as...?

Frontage

The 'Strictest Standard Rule' applies when dealing with what...?

Health, Safety, and Welfare of the Public

For tax purposes, a real estate salesperson is considered what...?

Independent Contractor

Which of the following is a California counterpart to the Federal anti-discrimination laws with regards to redlining...?

The Holden Act

Which of the following is exempt from Federal anti-discrimination laws...?

The principal of an owner-occupied 1-4 unit residence

Who is responsible for paying the income taxes of a real estate salesperson...?

The real estate salesperson themselves

When is a real estate license NOT required...?

When you represent yourself

1 mile is equal to how many linear feet...?

5280

What percentage of questions must you answer correctly on the California real estate salesperson exam...?

70 (% Percent)

A real estate salesperson must work under who...?

A Broker

The potential right of ownership to land which is produced, then added or united to the owner's land is known as...?

Accession

An individual appointed by the court to dispose of a deceased person's property is known as...?

Administrator

Steering is the opposite of this illegal discriminatory act, which encourages individuals to sell...?

Blockbusting

Lots that touch at any point are known as...?

Contiguous

The rules of a profession created by a professional association are known as...?

Ethics

California offers reciprocity with every other State in the country...?

False

A person who has died without leaving a valid will is known as...?

Intestate

An attorney in the State of California is NOT required to get a real estate license...?

TRUE

Which of the following is an element used to determine if something is a fixture or real property...?

The method of attachment, The relationship of the parties to the object, The intention of the parties

1 acre is equal to how many square feet...?

43560

Something which is outside property itself but belongs to the land and adds to its greater enjoyment, such as a right-of-way, is known as...

Appurtenances

Which of the following are already licensed and do not require their employees to get individual real estate licenses...?

Banks Insurance companies Escrow companies

An advertisement that remains anonymous as to who is advertising is known as...

Blind Advertisement

Prior to January 1, 2013, the California Bureau of Real Estate was known as the...?

California Department of Real Estate

An inheritable estate in land providing the greatest interest of any form of title is known as...?

Fee Simple Absolute

All property that is NOT considered real property is considered...?

Personal Property

Window curtains are considered what...?Personal

Property

A person who has died leaving a will is known as ?

Testate

If the HUD Fair Housing Equal Opportunity poster is NOT prominently displayed in a place of business relating to housing, the burden of proof for any discriminatory act falls on who...?

The place of business

The bundle of rights includes which of the following...?The right to possess

The right to encumber 'The right to quiet enjoyment

Who is liable for the actions of a real estate salesperson...?

The sponsoring broker

An individual acting as Power of Attorney is exempt from needing a license...?

True

Funds held by a real estate broker, in trust, for clients and/or customers are known as...?

Trust Funds

The rights of a landowner and/or land occupier to use adjacent bodies of water in a reasonable fashion are known as...?

Water rights

The division of an area into zones, as to restrict the number and types of buildings and their uses is known as...?

Zoning

How many years of experience as a real estate salesperson do you need in order to be eligible to obtain your broker's license in California...?

2

How many mandatory courses must an individual complete in order to obtain their California broker's license...?

8

The process of gradual growth or increase over a period of time from naturally occurring events, resulting in additional layers of matter is known as...?

Accretion

This court case determined that sellers, and their agents, must disclose all facts that they knew, or should have reasonably known...?

Easton vs. Strassburger

A right of the government to acquire property for necessary public use by condemnation is known as...?

Eminent Domain

The degree, quantity, nature, and extent of interest that a person has in real and personal property is known as

Estate

An individual named in a will who is given the legal responsibility to dispose of a deceased person's property is known as...?

Executor

A principal of an owner-occupied 4 family residence is exempt from Federal anti-discrimination laws if they use a licensed broker to help find a new tenant...?

False

Absolute ownership of real property is also known as...?

Fee Simple Estate

A person who receives title to real property by deed is known as the...?

Grantee

A person who conveys title to real property by deed is known as the...?

Grantor

This is defined as the soil, earth, and ground, which is the result of nature or man-made, as well as an indefinite extent upward into the air, and downward in a direct line from the surface to the center of the earth..

Land

The minimum standards of human behavior are known as...?

Law

A freehold estate created for the duration of the life or lives of certain named persons is known as a...?

Life Estate

The right of a property owner whose land borders on a body of water, such as a lake, ocean or sea, to reasonable use and enjoyment of the shore and water the property borders on is known as...?

Littoral rights

The education requirement for new real estate salespersons includes which of the following courses...?

One Elective Course Real Estate Practice Real Estate Principles

Removable personal property that a tenant attached to leased land for business purposes is known as a..

Trade Fixture

Sellers and agents should use this form to disclose any known defects with the property...?

Transfer Disclosure Statement

The law regulating the behavior of civilians among and between each other is known as...?

Civil law

Which of the following is a legal description of land...?

Lot and Block,BU.S. Government Survey System,Metes and Bounds

This is defined as land, and generally whatever is erected upon or affixed thereto, including but not limited to buildings, structures, landscaping, and fences...?

Real Estate

Who is responsible for overseeing the California Bureau of Real Estate...?

Real Estate Commissioner for the State of California

This Civil Rights Act prohibited discrimination on the basis of race only...?

Civil Rights Act of 1866

To mingle or mix, for example, a client's funds in the broker's personal or general account is known as...?

Commingling

An estate that will end automatically when the stated event or condition occurs is known as...?

Fee Simple Determinable

A non-freehold estate of limited duration, providing the right of possession and control but not title is referred to as a...?

Leasehold Estate

A term used in describing the boundary lines of land, seeing forth all the boundary lines together with their terminal points and angles is known as...?

Metes and Bounds

Which of the following is an example of misrepresentation...?

Puffing

Which of the following is a California counterpart to the Federal anti-discrimination laws with regards to discrimination in commercial and business establishments...?

The Unruh Civil Rights Act

Which of the following is a California counterpart to the Federal anti-discrimination laws...?

The Unruh Civil Rights Act The Rumford Act The Holden Act

In the State of California, race is NOT a material fact...?

True

All federal fair housing complaints should be filed with who...?

HUD

The rights, or interests, that an individual has in a particular piece of property is known as...?

Bundle of Rights

The California Bureau of Real Estate is responsible for issuing real estate salesperson licenses...?

True

This states that the stricter law (Federal vs. State) will prevail and take precedent...?

Strictest Standard Rule

Any fact that would influence the decision of a reasonably prudent person is known as a/an...?

Material Fact

A personal authorization, which authorizes a person to act on someone else's behalf is known as...?

Power of Attorney

This consumer protection statute helped eliminate kickbacks and referral fees that unnecessarily increased the costs of certain settlement services...?

RESPA

The refusal to lend money within a specific area is known as...?

Redlining

Which of the following is a California counterpart to the Federal anti-discrimination laws with regards to blockbusting...?

The Rumford Act

The use of prejudice to instill fear or panic in order to motivate individuals in a particular area or neighborhood to sell or dispose of their property because of the entrance, or potential entry, of a protected class is known as...?

Blockbusting

A licensee is a generic term that refers to all individuals that have a real estate salesperson or real estate broker's license...?

True

It is possible for an agent to follow the law and still violate an ethical rule...?

True

The HUD Fair Housing Equal Opportunity poster is required to be posted in a prominent position in any business that is related to housing...?

True

The authorization to improve or develop a particular property in a manner not authorized by zoning is known as...?

Variance

Using racial, ethnic, or religious criteria in suggesting, recommending, and/or influencing individuals regarding locations for the purchase or rental of a single family residence or rental dwelling is known as...?

Steering

Land, things affixed to land, and appurtenances that are immovable are considered...?

Real Property


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