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Exam (elaborations)

Colibri Real Estate Exam Questions and Correct Answers

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Colibri Real Estate Exam Questions and Correct Answers

Institution
Colibri Real Estate
Course
Colibri Real Estate

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Colibri Real Estate Exam Questions and Correct
Answers
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.


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.


Upon completion of this course, you should understand: - ANSWER All of the above.


Penny, a California licensee, has been advertising 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 regulation or section(s) apply to the use of the Internet for advertising in California? -
ANSWER Commission's Regulation 2770


California licensing laws define which of the following: - ANSWER All of the Above


As an examinee, or a new licensee, where is the best, most accurate source for current
California Department of Real Estate information? - ANSWER The DRE website


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

, An examinee or licensee may perform what transactions on the DRE website? - ANSWER All of
the above.


Which of the following will not be covered in this course? - ANSWER How to advertise on the
Internet in other states


Commission's Regulation 2770 - ANSWER anyone who advertises about services over the
Internet is NOT to be considered a real estate broker in California if ONE of these apply:


(1) The advertisement involves a service, BUT IS:


NOT directed to any particular customer located within California;
LIMITED to general information about the services offered to the public in general;
Includes the words: "The services referred to herein are not available to persons located within
the State of California.".


(2) If the advertisement does not involve a service for which a real estate license is required;
(3) If the advertisement is not being published or transmitted on behalf of another person.


A person who advertises is NOT required to have a real estate license if:
The person who is publishing is exempt from license requirements as set forth in the Code;


Before there is any direct communication with a specific customer, the business person already
has implemented policies and procedures in place for such communication that does not
require a real estate license.


A candidate for an original real estate salesperson license must: - ANSWER 1. Be at least 18
years old to be issued a license (Surprisingly, there is no age restriction on taking the licensing
exam.);

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Institution
Colibri Real Estate
Course
Colibri Real Estate

Document information

Uploaded on
February 25, 2025
Number of pages
5
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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