1|Page
BBK99E1 FINAL EXAM LATEST 2026 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
This step of the general plan, sometimes known as the master
plan, should encompass all aspects of the projected growth,
including the social, economic, and physical features. Due to this
step, while considered long-range, the plan must allow for short-
range flexibility. Which step is described?
Resource Analysis
Plan Implementation
Formulation of Community Goals
Adaptation of Zoning Ordinances - ANSWER-C
A developer wants to build a sprawling two-story office complex.
The developer's and architect's vision is something low, modern,
and new. They are planning the complex in an urban area of
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town, replacing ten blocks of old high-rise buildings.
Unfortunately, the zoning commission's vision does not coincide
with either the developer's or the architect's. Which type of zoning
regulation applies?
Directive Zoning
Aesthetic Zoning
Bulk Zoning
None of the above - ANSWER-A
Which of the following is not a goal of a real estate appraiser?
To determine the market value of a property.
To determine the insurance value of a property.
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To determine the marketability of a property.
To determine the tax value of a property. - ANSWER-C
The Western Acres neighborhood is a highly desirable area in
which homes very seldom go on the market. The Western Acres
properties placed on the market sell very quickly and usually for
or above asking price. Which principal of real estate applies to the
homes in Western Acres?
Highest and Best Use
The Law of Supply and Demand
Anticipation
Competition - ANSWER-B
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In order to equalize business in their area, ABC Realty and RMH
Realty have an unwritten agreement. They have agreed to split up
their area with ABC taking everything north of the highway and
RMH everything south. Under this agreement, the real estate
agents licensed to each respective brokerage will not be
competing and all will profit. Is this a violation? If it is a violation,
what is it called and what is it violating?
Division of markets is not a violation. It is merely cooperation
between brokerages.
Division of markets is a violation of the Sherman Antitrust Act.
Bid rigging is a violation of the Clayton Antitrust Act.
Division of markets is a violation of the Clayton Antitrust Act. -
ANSWER-B
Which of the following parties are not exempt from the real estate
licensing requirements in California?
BBK99E1 FINAL EXAM LATEST 2026 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
This step of the general plan, sometimes known as the master
plan, should encompass all aspects of the projected growth,
including the social, economic, and physical features. Due to this
step, while considered long-range, the plan must allow for short-
range flexibility. Which step is described?
Resource Analysis
Plan Implementation
Formulation of Community Goals
Adaptation of Zoning Ordinances - ANSWER-C
A developer wants to build a sprawling two-story office complex.
The developer's and architect's vision is something low, modern,
and new. They are planning the complex in an urban area of
,2|Page
town, replacing ten blocks of old high-rise buildings.
Unfortunately, the zoning commission's vision does not coincide
with either the developer's or the architect's. Which type of zoning
regulation applies?
Directive Zoning
Aesthetic Zoning
Bulk Zoning
None of the above - ANSWER-A
Which of the following is not a goal of a real estate appraiser?
To determine the market value of a property.
To determine the insurance value of a property.
,3|Page
To determine the marketability of a property.
To determine the tax value of a property. - ANSWER-C
The Western Acres neighborhood is a highly desirable area in
which homes very seldom go on the market. The Western Acres
properties placed on the market sell very quickly and usually for
or above asking price. Which principal of real estate applies to the
homes in Western Acres?
Highest and Best Use
The Law of Supply and Demand
Anticipation
Competition - ANSWER-B
, 4|Page
In order to equalize business in their area, ABC Realty and RMH
Realty have an unwritten agreement. They have agreed to split up
their area with ABC taking everything north of the highway and
RMH everything south. Under this agreement, the real estate
agents licensed to each respective brokerage will not be
competing and all will profit. Is this a violation? If it is a violation,
what is it called and what is it violating?
Division of markets is not a violation. It is merely cooperation
between brokerages.
Division of markets is a violation of the Sherman Antitrust Act.
Bid rigging is a violation of the Clayton Antitrust Act.
Division of markets is a violation of the Clayton Antitrust Act. -
ANSWER-B
Which of the following parties are not exempt from the real estate
licensing requirements in California?
