CA Real Estate Law - CA RE 2023 Exam Questions And Answers(graded 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
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