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Exam (elaborations)

Lare Section A Questions And Answers Updated 2026

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LARE SECTION A QUESTIONS AND ANSWERS UPDATED 2026

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LARE SECTION A QUESTIONS AND ANSWERS UPDATED
2026


# Term Definition



1 Yes because it places the professional's financial
Is inflating the cost estimate of bid interests before the client's.
documents when the firm's fee is
based on percentage of construction
costs a breach of ethics?


2 subdivision regulations
What controls the division of land and
the land use intensity of a
development?

3 building codes
the methods, materials, systems,
strengths, minimum standards, and
overall quality of development at a site


4 no
do environmental regulations address
the division of land?


5 lot coverage limits
what is used to control the size of
pavement or building coverage in
relation to the total site size?

6 land use intensity
the extent of coverage of a lot (10% vs.
90%) is considered _______ and is
addressed by zoning codes that might
include land use tables or lists of
allowable, conditional, and prohibited
uses


7 arterial street
what kind of street is used to carry the
highest number of vehicles, usually at
higher rates of speed in relation to
other street types

, 8 local streets and collector streets
what kinds of streets have smaller
traffic volume than arterial streets


9 boulevard
what kind of street normally has a
landscape space in the center and at
the edges




# Term Definition



10 capital improvement program
what is a long-life major expenditure by
a public agency


11 specific area plan
a particular type of plan, authorized
by California state law, that would
include a capital improvement
program or capital improvement
project

12 local improvement district (LID)
a defined area or zone with specified
properties that benefit from a specific
capital improvement project, and has
many local variations, such as the
rural improvement district (RID) or the
utility improvement district (ULID)


13 tort
a civil or private wrong or injury
involving the violation of an individual's
private personal rights, causing injury
to a person or to property


14 lien
a formal written claim against the
property record, for the value or work
performed or materials provided

,15 negligence
a duty not performed, omitted, or
performed incorrectly so as to cause
harm to a person or to property


16 impact
the force or impression of one thing on
another


17 statute of limitations
the limit that sets out terms and
times under which certain actions can
be brought forward in court


18 performance conditions
specifications for construction work
performance or materials quality




# Term Definition



19 prescriptive conditions
the manner in which an action is
performed


20 misfeasance
a legal term that means a wrongful act


21 limited liability company (LLC)
a form of business organization that
can protect a company's assets from
creditors

22 trust
a financial arrangement organized to
protect and transfer assets, usually for
favorable taxation purposes

, 23 mutual fund
a type of investment that includes
several different securities (stocks,
bonds, etc), regulated and organized
to be traded in an active market for
the ease of purchase or sale


24 sole proprietorship
a type of business organization where a
single individual is the business owner


25 arbitration
the process or action used to resolve
contract disputes outside of the court
system, usually with the use of a
mediator or a neutral party to
facilitate talks and record the
resolution after it is reached


26 remand
an action ordered to remake a decision
that was already made


27 disavow
to repudiate, or reject as unauthorized


28 malfeasance
an improper action by a public official




# Term Definition



29 financial guarantee
the general category of financial
forms, typically issued by an entity
other than the contractor, that
ensures the owner or a municipal
agency that the contract obligation for
the monetary amount of the work will
be met


30
name some examples of a financial surety bonds, cash deposits, assignment of funds,
guarantee irrevocable letters of credit

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