CA Real Estate Law - CA RE 2023 Exam Questions & Answers 100% Correct(SCORED A)

If an attorney has general powers, he can do all of he following, except: - ANSWERSDeal in the principal's real property without recording the power of attorney In addition to the Real Estate Commissioner, the Real Estate Advisory Commission consists of: - ANSWERSTen members An attorney-in-fact is: - ANSWERSAny legally competent person who has received a power of attorney from another person An owner of a single-family residence sold his home with the aid of an unlicensed person. If the owner pays that person for his assistance, the one who would prosecute the unlicensed person for a violation of the Real Estate Law would be the: - ANSWERSDistrict Attorney of the respective county The Commissioner's regulations require that there be a written employment contract between the broker and each salesperson employed by that broker. Such employment agreements must be kept by: - ANSWERSBoth broker and salesperson, for three years from the date of the cancellation of the agreement The Real Estate Commissioner issues permits in all of the following cases, except: - ANSWERSPurchase of state land If a seller's agent in a real property sale transaction pays part of his commission to the buyer of property, the agent: - ANSWERSMust inform the seller that he is doing so All of the following activities of a licensee are in violation of the Real Estate Law, except: - ANSWERSFailure to inform a prospective buyer that his principal would sell for less than the listed price If a salesman obtains a better price for the property than the listed price: - ANSWERSHe is to be complimented Broker Murdock was hired by Buyer Hudson to find Hudson a particular type of residential property. Buyer Hudson agreed to compensate Broker Murdock for such services. Broker Murdock then solicited for and obtained an exclusive right to sell listing on a desirable property, in which the owner promised to pay the broker compensation at the conclusion of the sale. Buyer Hudson made an offer to purchase that property, and t