Accurate Solutions 2025\2026 A+ Grade.
How are members selected to serve on the Real Estate Advisory Commission?
- accurate answer-They are appointed by the Real Estate Commissioner
How many members make up the Real Estate Advisory Commission? -
accurate answer-10
What is the role of the Real Estate Commissioner? - accurate answer-Act as
chief executive officer of the California DRE
Which of these describes the composition of the California Department of Real
Estate Advisory Commission? - accurate answer-Twelve members, six of
whom are real estate brokers and six who are unlicensed consumers
What must be true for a corporation to conduct real estate activities? -
accurate answer-At least one officer must hold a broker license
Which of the following actions can an individual holding only a prepaid rental
listing service (PRLS) license perform? - accurate answer-Providing listings of
residential properties available for rent to prospective tenants for a fee
Angela is an unlicensed assistant working with Sam, a licensed salesperson.
The following tasks are on their plates. Which of these actions can only Sam
perform? - accurate answer-Negotiate on the client's behalf
Which real estate brokerage ownership types require a separate license? -
accurate answer-Corporations only
Amy acts like a salesperson and is supervised by a broker, but she holds her
broker's license. What is her job title? - accurate answer-Associate broker
Which real estate brokerage ownership types may do business under a
fictitious name? - accurate answer-Sole proprietorships, partnerships, and
corporations
,Which of the following statements best describes a sole proprietor? - accurate
answer-A brokerage owned by a single person
Which of the following statements best describes a real estate corporation? -
accurate answer-An entity owned by one or more parties
Which of these real estate licensees may be exempt from the continuing
education requirements for license renewal? - accurate answer-Al is 70 years
old and has been licensed in good standing for 30 consecutive years.
How many hours of continuing education must a California licensee complete
in order to renew a real estate license? - accurate answer-45 hours
Jackson holds a real estate broker license with an MLO endorsement. How
often must he renew his MLO endorsement? - accurate answer-Every year
What is the minimum amount of full-time real estate industry experience that
an individual must have to qualify for a broker's license? - accurate answer-
Two years
California licensee Donald has a new listing for the house next door to his.
He's never had problems with these neighbors and hopes to keep it this way
by making sure the "right" people move in. He doesn't show the property to
any prospective buyers with children. These actions soon bring complaints of
a fair housing violation. What effect does this have on Robert (Donald's
sponsoring broker)? - accurate answer-Robert is liable for Donald's actions
and could be sanctioned along with Donald as a result of Donald's fair housing
violation.
To best prevent risk associated with licensee non-compliance with real estate-
related federal regulations, brokerage firms should do which of the following?
- accurate answer-Include a review of related federal legislation in the policies
and procedures manual and provide appropriate training.
As a managing broker, you're responsible for your associate brokers' actions.
Which of the following risk management techniques helps prevent the risk
associated with vicarious liability? - accurate answer-Providing training and
policies/procedures documentation to staff
,Steve holds a real estate license in Oregon but would also like to perform real
estate activities in California. What must he do? - accurate answer-California
does not have reciprocity agreements with any other states. Individuals
licensed in other states must complete all of the requirements that an
unlicensed individual completes.
Bobby is representing his fiancé in a real estate transaction. Does he have any
special disclosure requirements? - accurate answer-Yes, because all special
relationships must be disclosed
If your license is suspended, it's only temporary. If your license is revoked, it is
permanently removed and requires ______. - accurate answer-A new license
application after the penalty period
Seamus sent a letter to the residents of Maywood Park, stating, "The Mormons
are moving in! Sell your houses before property values plummet." This is a fair
housing violation, and also ______. - accurate answer-A license law violation
If a licensee commits a violation and it's found the broker didn't adequately
supervise the licensee, whose license in jeopardy? - accurate answer-Both the
broker's and licensee's
Which physical characteristic of land addresses the concept that land isn't
interchangeable, and one piece of land isn't exactly like another? - accurate
answer-Uniqueness
What are improvements with regard to property? - accurate answer-Artificial
attachments to land that include items such as fencing, buildings, and
walkways
Shannon's rural property in San Diego County has a small stream that runs
across one corner where her horses are pastured, and her horses use it as a
water source. What's true about this situation? - accurate answer-Shannon
has a riparian right to use the water flowing across her property as a water
source for her animals, though she may not divert the water.
Which physical characteristic of land addresses the concept that while
improvements may deteriorate over time, the land itself cannot be destroyed?
- accurate answer-Indestructibility
, The right to access rivers, streams, and other flowing bodies of water adjacent
to a property is called ______. - accurate answer-Riparian
Sally and Pete are city dwellers who have always dreamed of living in a rural
setting. When Pete inherits a 600-acre cattle ranch from his uncle, they don't
waste a moment packing up and moving to the ranch. What category of real
estate is their new home considered? - accurate answer-Agricultural
Display shelves installed by a business owner in a rented building are a good
example of ______. - accurate answer-Trade fixtures
Juan has decided to invest his small inheritance in real estate. He is drawn to
the fact that he can add a building where there wasn't one previously and
immediately increase the value of his investment. Which economic
characteristic of real property is this? - accurate answer-Improvements
Bart just toured his fourth patio home of the day. To help him remember what
he saw in each one, he's making notes about décor, updates, and inclusions
that will stay with the property. Which of the following items is NOT
considered personal property and would therefore stay with a home? -
accurate answer-The chandelier in the foyer
Which of the following are included in the transfer of real property unless
specifically excluded in writing? - accurate answer-Fixtures
Which of the following would used to describe an item that is both a fixture
and real property? - accurate answer-In-ground
What's contained in a UCC security agreement? - accurate answer-A complete
description of the personal property used as collateral
Dan and Rita are a married couple in California. Which of these items will NOT
become community property for them? - accurate answer-The ruby slippers
Rita inherits from her Auntie Em.
Debbie and Chris are a married couple in California. When they purchase their
first home together, they want to make sure that if one of them dies, the other
will inherit ownership of the property. How should their ownership be