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Exam (elaborations)

California Real Estate Review Exam with Verified Answers

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California Real Estate Review Exam with Verified Answers

Institution
California Real Estate
Course
California Real Estate








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Written for

Institution
California Real Estate
Course
California Real Estate

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Uploaded on
April 9, 2024
Number of pages
4
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

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California Real Estate Review Exam with
Verified Answers
Gerard, a Nevada real estate licensee, has been advertising his services online to
California citizens. He sells resort property outside Las Vegas and believes the
California market could be very lucrative. Is it permissible for Gerard to advertise in this
manner? Why or why not? - Answer-It is not permissible for Gerard to solicit California
residents. He must hold a California real estate license in addition to his Nevada
license.

Penny, a California licensee, has been advertised on the Internet. She specializes in the
sale of upscale homes in the Hollywood Hills area. Penny has been violating the
Business and Professions Code, Sections 10235.5 and 10140.6. What has she done? -
Answer-Penny failed to indicate in the advertisement her license status.

Which regulations or section(s) apply to the use of the Internet for advertising in
California? - Answer-Commission's Regulation 2770

Which portion of the California Business and Professions Code consists of the
Subdivided Lands Law? - Answer-Part 2, Sections 11000 to 11200 of the Business and
Professions Code

Is it permissible to advertise real estate associated services or products in California
without a California real estate license? - Answer-Yes, as long as the products or
services do not include any actions for which a California real estate license is required.

The law judge has just issued a decision based upon the findings in a formal hearing of
a real estate salesperson for various ethical violations. What could the California Real
Estate Commissioner do at this point in the proceeding? - Answer-Reject or Accept the
proposed decision, or reduce the proposed penalty and make an official decision.

The main purpose of the California Department of Real Estate is - Answer-To protect
the public

Hannah is a newly licensed California real estate salesperson. She has aspirations of
one day being the California Real Estate Commissioner. How does she get there and
what does she do once she's there? - Answer-Hannah would need the appointment of
the Governor of California. Her primary duty as Commissioner would be to enforce the
laws in a manner in which maximum protection for real estate consumers is achieved.

Katrina had her license suspended for making false promises to clients. She had a habit
of telling clients what they wanted to hear and never being able to state the facts. Of
course, she could never follow through with her statements and several complaints

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