c.
an accusation
(page 457)
The Real Estate Commissioner will start an action against a licensee with:
a. an injunction.
b. a lawsuit.
c. an accusation
d. a lis pendens.
c.
$20,000.
(page 459)
The maximum fine the Real Estate commissioner can levy against a broker who pays an unlicensed person for soliciting borrowers or negotiating loans is:
a. $2000.
b. $5000.
c. $20,000.
d. $30,000.
d.
all of the above.
(page 466)
to use a fictitious business name, the broker must:
a. file a fictitious business name statement in the county where he or she intends to operate.
b. publish the fictitious business name in a newspaper of general circulation.*
c. obtain approval of the na
d.
all of the above are included in the 45 hours of continuing education
(page 468)
Which of the following is included as part of the required 45 hours of continuing education?
a. Agency and Ethics
b. Trust Fund Handling and Fair Housing
c. 18 hours of Consumer Protection
d. all of the above are included in the 45 hours of continuing edu
a.
late child support payments.
(page 471)
When the Bureau of Real Estate obtains live-scan fingerprints and performs a background check on a potential licensee, the bureau is looking for:
a. late child support payments.
b. past job history.
c. credit report.
d. all of the above.
a.
obtain a temporary license for 150 days.
(page 471)
A real estate salesperson owes the Department of Child Support Services for back child support payments. He may:
a. obtain a temporary license for 150 days.
b. not obtain a license until the past due funds are paid.
c. obtain a license after a hearing by
c.
a blind ad.
(page 473)
*A broker runs the following ad on his listings:"4 BR, 3 BATH home with swimming pool and spa for sale for $154,000. Call 555-1234." This is called:
a. misleading.
b. a false ad.
c. a blind ad.
d. a violation of Regulation Z
b.
the Business and Professions Code.
(page 472)
In order to obtain information about the ethical or unethical conduct of a real estate licensee, one would most likely consult:
a. the "REALTOR'S Golden rule"
b. the Business and Professions Code.
c. the California Criminal Code.
d. generally accepted bus
b.
$250,000 per individual licensee ($50,000 maximum per occurrence).
(page 476
the maximum recovery from the Recovery fund is:
a. unlimited.
b. $250,000 per individual licensee ($50,000 maximum per occurrence).
c. $20,000 per individual licensee.
d. None of the above.
a.
a violation of the California Real Estate Law.
(page 478)
Misuse of the name " REALTOR" is:
a. a violation of the California Real Estate Law.
b. a violation of the Business and Professions code.
c. a violation of the Civil Code.
d. a violation of common law.
d.
Selling your own real estate
(page 460)
Which of the following does NOT require a real estate license?
a. Selling real estate for others
b. Buying real estate for others
c. Negotiating leases for others
d. Selling your own real estate
d.
Real Estate commissioner.
(page 471)
Who has the power to revoke, restrict, or suspend a real estate license?
a. California Legislature
b. NAR
c. CAR
d. Real Estate commissioner.
b.
pocket listing
(page 473)
An unethical real estate office policy that keeps a listing "in house" for a period of time, in order to try to sell it first is called a:
a. blind listing.
b. pocket listing
c. classified listing
d. paid listing
a.
blind advertisement.
(page 473-474)
A false advertisement (Section 10177 of the Business and Professions Code) that gives the impression that the agent is the owner of the property is called a:
a. blind advertisement.
b. pocket advertisement.
c. classified advertisement.
d. paid advertiseme