CE Shop Real Estate - Principles Real Estate Course - 45 hour – CA exams questions and answers
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CE Shop Real Estate - Principles Real Estate Course - 45 hour – CA exams questions and answers
CE Shop Real Estate - Principles Real Estate Course - 45 hour – CA exams questions and answers
CE Shop Real Estate - Principles Real Estate Course - 45 hour – CA exams questions and answers
CE Sh...
CE Shop Real Estate - Principles Real
Estate Course - 45 hour – CA exams
questions and answers
What do riparian rights give landowners the ability to do? - correct Answers ✔✔ -Use a river running
through the property.
A cabin has 120 feet of lake frontage. The cabin owner's ability to access the lake is based on ______. -
correct Answers ✔✔ -Littoral rights
What are improvements with regard to property? - correct Answers ✔✔ -Artificial attachments to land
that include items such as fencing, buildings, and walkways
Along with property ownership, rights are granted to use the land's physical components. Which right
allows a property owner to use or sell the underground resources, such as natural gas and minerals? -
correct Answers ✔✔ -Sub-surface
Which of the following is true about air rights? - correct Answers ✔✔ -They allow the owner to use the
open space above buildings.
John and Tara have lived in their home for 23 years and are excited to move to Florida for retirement. As
homeowners, what right allows them to sell their home? - correct Answers ✔✔ -Disposition
Alluvion describes new deposits of land that are the result of what natural process? - correct Answers
✔✔ -Accretion
Annette really wants to move to San Francisco, but she's unsure whether she'll be able to afford to live
there. Housing is very expensive because there simply is no room to build any new housing units. Which
economic characteristic does this reflect? - correct Answers ✔✔ -Scarcity
If Sima entered a plea of no contest in a criminal case she ______. - correct Answers ✔✔ -Must report
this to California DRE under all circumstances
If a licensee commits a violation and it's found the broker didn't adequately supervise the licensee,
whose license in jeopardy? - correct Answers ✔✔ -Both the broker's and licensee's
, Requiring a licensee to submit detailed reports related to trust fund accounting is an example of a
condition that may be placed on a licensee with a ______ license. - correct Answers ✔✔ -Restricted
If Jan is using the designation GRI (Graduate of the Real Estate Institute), but she has not paid her annual
membership dues, is this a violation? - correct Answers ✔✔ -Yes, because it is dishonest
Maura is a real estate salesperson who does not have an MLO endorsement. Which of these actions can
she perform for her client, who is financing the purchase of a single-family home? - correct Answers ✔✔
-Offer to provide the client with a list of lenders they could consider working with to obtain the loan.
Brenda is a real estate salesperson. Jim is her sponsoring broker. Brenda is moving to a different area in
the state and will no longer be able to work with Jim. Her new sponsoring broker will be Cindy. What
must take place for Brenda to transfer her license to Cindy? - correct Answers ✔✔ -Jim must notify the
California DRE and give Brenda her license certificate. Brenda and Cindy complete a change application.
Jackson holds a real estate broker license with an MLO endorsement. How many hours of continuing
education must he complete each year to renew this endorsement? - correct Answers ✔✔ -Eight hours
Bradley has a real estate salesperson's license. He's done some traveling recently and missed the
deadline to renew his license. It's now 30 days past the expiration date. What must he do to renew his
license? - correct Answers ✔✔ -Complete the continuing education requirements and submit a renewal
and late fee.
Sally is a real estate salesperson. How many hours of continuing education must she complete before
the license expiration date in order to renew it for another four years? - correct Answers ✔✔ -45 hours
Jackson holds a real estate broker license with an MLO endorsement. How often must he renew his MLO
endorsement? - correct Answers ✔✔ -Every year
Which of these real estate licensees may be exempt from the continuing education requirements for
license renewal? - correct Answers ✔✔ -Al is 70 years old and has been licensed in good standing for 30
consecutive years.
Years ago, Rachel held a real estate license. She took some time off to travel and start a family. Now
she's ready to get back in the saddle. Her license expired three years ago. What must she do to renew
her license and start practicing real estate again? - correct Answers ✔✔ -Requalify for a real estate
license by completing pre-licensing courses and passing the state licensing exam.
What is the goal of real estate law? - correct Answers ✔✔ -Protect and promote public safety, health,
order, and welfare
How many members on the Real Estate Advisory Commission are real estate brokers licensed in
California? - correct Answers ✔✔ -Six
How is an individual selected to act as Real Estate Commissioner? - correct Answers ✔✔ -The individual
is appointed by the governor
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