CALIFORNIA HOUSEHOLD MOVERS FINAL
PAPER UPDATED QUESTIONS VERIFIED
COMPLETE ANSWERS 100 PERCENT
CORRECT
◉ exemptions from licensing requirements
Answer: Individuals performing real estate activities on their own
behalf, such as 'for sale by owner'
Apartment resident managers or their employees
Corporate officers or general partners who receive no special
compensation for corporation or partnership real estate activities
Persons holding a duly executed power of attorney from the real
property's owner
Attorneys-at-law performing legal services for a client
Receivers, trustees in bankruptcy, or persons acting under court
order
,Trustees selling real property under a deed of trust
Persons or employees of banks, credit unions, insurance companies,
loan institutions, pension trusts, savings and loan associations, or
trust companies
Licensed securities brokers or dealers performing real estate
activities in that capacity
Nonprofit organizations
Cemetery authorities
Escrow agents
Residential mortgage lenders or servicers acting under that license
Individuals who, in a calendar year, make collections of 10 or fewer
payments, or amounts of $40,000 or less on loans secured by real
property
◉ who is exempt?
, Certain individuals in certain roles do not need to obtain a real
estate license to fulfill that role. Which of these individuals are
exempt from obtaining real estate licensure?
A person selling their own property
Answer: exempt
◉ who is exempt?
Certain individuals in certain roles do not need to obtain a real
estate license to fulfill that role. Which of these individuals are
exempt from obtaining real estate licensure?
A person holding (and acting as) a duly executed power of attorney
for a real property owner
Answer: exempt
◉ who is exempt?
Certain individuals in certain roles do not need to obtain a real
estate license to fulfill that role. Which of these individuals are
exempt from obtaining real estate licensure?
An attorney providing legal services for a client
PAPER UPDATED QUESTIONS VERIFIED
COMPLETE ANSWERS 100 PERCENT
CORRECT
◉ exemptions from licensing requirements
Answer: Individuals performing real estate activities on their own
behalf, such as 'for sale by owner'
Apartment resident managers or their employees
Corporate officers or general partners who receive no special
compensation for corporation or partnership real estate activities
Persons holding a duly executed power of attorney from the real
property's owner
Attorneys-at-law performing legal services for a client
Receivers, trustees in bankruptcy, or persons acting under court
order
,Trustees selling real property under a deed of trust
Persons or employees of banks, credit unions, insurance companies,
loan institutions, pension trusts, savings and loan associations, or
trust companies
Licensed securities brokers or dealers performing real estate
activities in that capacity
Nonprofit organizations
Cemetery authorities
Escrow agents
Residential mortgage lenders or servicers acting under that license
Individuals who, in a calendar year, make collections of 10 or fewer
payments, or amounts of $40,000 or less on loans secured by real
property
◉ who is exempt?
, Certain individuals in certain roles do not need to obtain a real
estate license to fulfill that role. Which of these individuals are
exempt from obtaining real estate licensure?
A person selling their own property
Answer: exempt
◉ who is exempt?
Certain individuals in certain roles do not need to obtain a real
estate license to fulfill that role. Which of these individuals are
exempt from obtaining real estate licensure?
A person holding (and acting as) a duly executed power of attorney
for a real property owner
Answer: exempt
◉ who is exempt?
Certain individuals in certain roles do not need to obtain a real
estate license to fulfill that role. Which of these individuals are
exempt from obtaining real estate licensure?
An attorney providing legal services for a client
