California real estate principles
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
All federal fair housing complaints should be filed with who...?
HUD
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
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
the rights, or interests, that an individual has in a particular piece of property is known as
bundle of rights
the minimum standards of human behavior as known as?
law
This is a contract whereby, for a consideration, usually termed rent, one who is entitled to the possession of real property transfers such rights to another for life, for a term of years, or at will...?
lease
the refusal to lend money within a specific area is known as
redlining
a person who has died leaving a will is known as?
testate
an estate for years is NOT automatically renewed
true
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 license in California?
2
1 acre is equal to how many square feet...?
43560
prior to jan 1, 2013 the california bureau of real estate was known as the
California department of real estate
When is a real estate license NOT required...?
When you represent yourself
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
an individual appointed by the court to dispose of a deceased person's property is known as?
administrator
which of the following are already licensed and do not require their employees to get individual real estate licenses
all of the above (banks, insurance companies, escrow companies)
an advertise that remains anonymous as to who is advertising is known as
blind advertisement
Steering is the opposite of this illegal discriminatory act, which encourages individuals to sell...?
blockbusting
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
The degree, quantity, nature, and extent of interest a person has in real property is known as
estate
the 'strictest standard rule" applies when dealing with what?
health, safety, and welfare to the public
for tax purposes, a real estate salesperson is considered what?
independent contractor
Window curtains are considered what...?
personal property
this consumer protection statue helped eliminate kickbacks and referral fees that unnecessarily increased the costs of certain settlement services
regulation z
the rights of a landowner or land occupier to use flowing water (such as rivers) that is adjacent to the land are known as
riparian rights
if the HUD fair housing equal opportunity posted is prominently displayed in a place of business relating to housing, the burden of proof for any discriminatory act falls on who
the accuser
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 parties
if the HUD fair housing equal opportunity poster is not prominently displayed in a place of business related to housing, the burden of proof for any discriminatory act falls on who
the place of business
which of the following is exempt from federal anti-discrimination laws?
the principle of an owner-occupied of a 1-4 unit residence
who is responsible for paying the income taxes of a real estate salesperson ?
the real estate salesperson themselves
the bundle of rights include which of the following
the right to possess the right to encumber the right to quiet enjoyment
which of the following is a California counterpart to the federal anti-discrimination law with regards to blockbusting
the rumford act
who is liable for the actions of a real estate salesperson?
the sponsoring broker
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
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
in the state of California, race is not a material fact
true
it is possible an agent to follow the law and still violate an ethical rule ?
true
Funds held by a real estate broker, in trust, for clients and/or customers are known as...?
trust funds
the authorization to improve or develop a particular property in a manner not authorized by zoning
variance
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
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
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
the law regulating the behavior of civilians among and between each other is known as
civil law
This Civil Rights Act prohibited discrimination on the basis of race only...?
civil rights act of 1866
This Civil Rights Act expanded the protected classes beyond race to include color, religion, sex, and national origin...?
civil rights act of 1964
to mingle or mix, for example, a client's funds in the brokers personal or general account is known as
commingling
Any disturbance of the tenant's possession of the leased premises by the landlord whereby the premises are rendered unfit or unsuitable for the purpose for which they were leased is known as...?
constructive eviction
Lots that touch at any point are known as...?
contiguous
lenders must preform what when determining if an individual qualifies for a loan, which is based on objective measures?
credit based lending
what does metes and bounds measure
distance and direction
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 the necessary public use by condemnation is known as
eminent domain
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
Continuing to occupy property after lawful authorization has expired is known as...?
estate at sufferance
a lease that automatically renews for successive periods unless terminated by either party is known as
estate at will
a leasehold estate for any specific period of time is known as
estate for years
the rules of a profession created by a professional association are known as ?
ethics
an individual named in a will who is given the legal responsibility to dispose of a deceased person's property is known as?
executor
California offers reciprocity with every other State in the country
false
a principal of an owner-occupied four family residence is exempt from federal anti-discriminatory laws if they use a licensed broker to find a new tenant?
false
an executor or administrator must have a real estate license to dispose of an deceased person's real estate assets?
false
generally speaking which law prevails over state law?
federal law
An inheritable estate in land providing the greatest interest of any form of title is known as...?
fee simple absolute
absolute ownership of real property is also known as
fee simple estate
an item of personal property after being attached to real property is known as
fixture
the linear distance along which a building faces a lot line or a roadway is known as
frontage
a person who has died without leaving a valid will is known as?
intestate
a person to whom property is rented under a lease is referred to as the
lessee
which of the following is a legal description of land
lot and block u.s government survey system metes and bounds
Any fact that would influence the decision of a reasonably prudent person is known as a...?
material fact
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
stating an inaccurate square footage of a property is an example of
misrepresentation
the education requirement for a new real estate salesperson includes which of the following courses?
one elective course real estate practice real estate principles
all property that is not considered real property is considered
personal property
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
a personal authorization, which authorizes a person to act on someone else's behalf is known as ?
power of attorney
this is defined generally 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
Land, things affixed to land, and appurtenances that are immovable are considered...?
real property
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
this states that the stricter law (fed vs. state) will prevail and take precedent
strictest standard rule
which of the following is a California counterpart to the federal anti-discrimination law with regards to redlining
the holden act
which of the following is a california counterpart to the federal anti-discrimination laws?
the holden act the rumford act the unruh civil right act
a licensee is a generic term that refers to all individuals that have a real estate salesperson or real estate broker license ?
true
an attorney in the state of california is not required to get a real estate license
true
an individual acting as power of attorney is exempt from needing a license?
true
the California bureau of real estate is responsible for issuing real estate salesperson licenses?
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
One who rents property to another under a lease is referred to as the...?
lessor
the right of a property owner whose land boarders 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
this is defined as the soil, earth, and ground, which is the result of nature or man made as well as an indefinite extent upwards into the air, and downward in a direct line from the surface to the center of the earth
land