Real Estate- Practice And Disclosures

Suggest that her client contact a roofing expert to make a determination.
Buying and selling homes is Samantha's area of expertise, not identifying roof leaks. She shouldn't offer an opinion about whether the roof leaks, but she should suggest contacting

Samantha is a real estate licensee. She's showing her client a property. The client asks about some spots on the ceiling and wonders if they're an indication of a roof leak. What should Samantha do?
Climb on the roof and perform an inspection.
Hire a home

No, this is not an adverse material defect.

You're conducting your visual inspection of your client's property and come across a room painted in psychedelic colors. Should you note this as an adverse material defect for disclosure to potential buyers?
No, this is not an adverse material defect.
Yes

Since Rhonda purchased an existing building and business, the ADA requirements aren't as strict as with new construction and vary by building.
There is no required minimum for existing buildings; instead, each business must make a reasonable effort to res

Rhonda purchased an existing pet store in her neighborhood, and she's so excited! Her animal-loving aunt is thrilled for Rhonda but disappointed that she won't be able to visit the store in her wheelchair, as the aisles are narrow and there isn't enough r

Move them into a separate trust account that holds excess funds.

Beverly's trust account has an overage, and she has no idea to whom the funds belong. What does the law permit Beverly to do with these funds?
Donate them to the state's Consumer Recovery Account.
Move them into a separate trust account that holds excess

Allows you to specialize

What is one advantage of joining a real estate team within a brokerage?
Allows you to specialize
Gives you broad experience
Includes free advertising
Offers higher commission per transaction

The owner may raise the rate to any desired level.
Although California has rent control laws that limit the amount the rent can be raised for an existing tenant, when the landlord signs a lease with a new tenant of an unoccupied unit, the landlord is allo

A tenant has just voluntarily moved out of a rental unit in a multi-unit apartment building in a California city without local rent control ordinances. How much can the owner raise the rent before signing a lease with a new tenant?
The owner may raise the

Monthly
Records for trust fund bank accounts should be reconciled monthly. A good practice is to do so when the monthly bank statement is received.

How often should accounting records for trust fund accounts be reconciled?
Annually
Monthly
Periodically
Weekly

Showing the property to prospective buyers
Showing properties or hosting open houses can only be performed by licensees. Unlicensed assistants can assist by preparing and distributing materials about the property and answering factual information.

Adam is an unlicensed assistant working with Sarah, a licensed salesperson. The following tasks are on their plates. Which of these actions can only Sarah performed?
Placing a for sale sign on a property
Preparing marketing materials for the property
Prov

Ten members, six of whom are real estate brokers and four who are unlicensed consumers

Which of these describes the composition of the California Department of Real Estate Advisory Commission?

The buyers have a right to rescind the offer without penalty if the disclosure is received after their offer is made rather than before.

Licensee Carla has been representing sellers Marie and Harvey for three months, and they've finally accepted an offer on their home. The buyers' agent contacts Carla the next day and asks for the Natural Hazards Disclosure statement. Carla is sure she alr

Their license will be suspended until they pay back the amount paid to the victim, plus interest.

What happens to a California real estate licensee if they are involved in a case and cannot pay the judgment amount, and the consumer is awarded money from the real estate Recovery Account?
Nothing! That is what the fund is for!
Their commissions will be

In the Homeowner's Guide to Earthquake Safety
This disclosure form is found at the end of the booklet called Homeowner's Guide to Earthquake Safety.

Where is the Residential Earthquake Hazards Report found?
In the Homeowner's Guide to Earthquake Safety
In the Natural Hazards Disclosure Statement
In the Real Estate Transfer Disclosure Form
In the Residential Environmental Hazards booklet