2026/ 2027 Update) Prep| 100% Verified
Questions & Answers | Grade A
A license surrender is not complete under RMLA until - correct answer its accepted by
the Commissioner
A license surrender is not complete under FLL until - correct answer 30 days after the
application is filed
Department of Business Oversight laws - correct answer The Residential Mortgage
Lending Act
The Finance Lenders Law
Bureau of Real Estate Law / Regulations - correct answer The Real Estate Law &
Regulations of the Commissioner of Real Estate
DOB Oversight regulates... - correct answer Non-depository lenders, mortgage
bankers, mortgage servicers (and their employees)
Bureau of Real Estate regulates... - correct answer Real estate licensees doing
business as mortgage brokers / lenders (and their employees)
Real Estate Law provides requirements for... - correct answer real estate professionals,
including mortgage brokers and MLOs
, California State Bail Bonds Exam (Latest
2026/ 2027 Update) Prep| 100% Verified
Questions & Answers | Grade A
Subdivided Lands Law provides provisions... - correct answer related to real estate,
including property definitions and provisions for sale of land
The Administrative Procedures Act establishes... - correct answer procedures for state
agencies to use for rule making
addresses the rights for administrative action by agencies
Unruh Civil Rights Act prohibits... - correct answer discrimination based on many
factors
Division 3 of Civil Code includes... (2) - correct answer Consumer Credit Reporting
Agencies Act &
Home Equity Loan Disclosure Act
CRMLA surety bond requirements - correct answer $50,000 initially
$100,000 if loans are over $50 mil
$200,000 if loans are over $500 mil
FLL surety bond requirement - correct answer $25,000 initially