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Real Estate Express: California Principles Exam Questions And Answers With Verified Solutions Already Passed Latest Updated 2024
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Real Estate Express: California Principles Exam Questions And Answers With Verified Solutions Already Passed Latest Updated 2024

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  • October 8, 2024
  • 54
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • real estate express california principles exam qu
  • is it permissible to advertise real estate associa
  • which regulation or sections apply to the use of
  • gerard a nevada real estate licensee has been ad
  • p

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  • CALIFORNIA Real Estate
  • CALIFORNIA Real Estate

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Real Estate Express: California
Principles Exam Questions And Answers
With Verified Solutions Already Passed
Latest Updated 2024
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.


Which regulation or section(s) apply to the use of the Internet for advertising in
California? - ANSWER✔✔Commission's Regulation 2770-- sets forth regulations
regarding both advertising and doing real estate business over the Internet for
individuals licensed in California and those not licensed in California.


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.


Anyone who is NOT a California licensed broker may not legally solicit California
residents, because acting in such a capacity is considered conducting activity for
which a real estate license is required.


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 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


3 types of legal descriptions: - ANSWER✔✔1. Lot and Block system.


2. The Metes and Bounds system


3. The Rectangular Survey System


3 types of legal descriptions: Lot and Block system. - ANSWER✔✔This legal
description lists the lot, block, subdivision, county, city, and state. Specifically, this
method lists lot and block numbers that refer to a recorded subdivision plat map
located in the public records of the county in which the land is located. If a parcel
of land is described using this method, it is necessary for there to be a PLAT MAP
to locate the parcel.


Any question you might see here or on the real test concerning the best example of
a "Legal description," based on the " Lot and Block" system, should be answered
without including the address of the property. (Lot 12, Block 6, Quiet Village
Subdivision, etc.)


3 types of legal descriptions: The Metes and Bounds system - ANSWER✔✔is
sometimes used to describe irregular pieces of property or in areas where a lot and
block system is not in place.

,A description starts at a designated place on a parcel called a Point of Beginning
(POB) and proceeds around the outside of the tract by reference to linear
measurements and directions.
Monuments are fixed objects used to establish real estate boundaries.
A property description using the metes and bounds system must BEGIN AND
END at the point of beginning (the same identifiable point). If the description does
not meet these guidelines, it is not a valid description.


3 types of legal descriptions: The Rectangular Survey System - ANSWER✔✔This
system is based on sets of intersecting lines.


-Principal Meridians run north and south.


-Base Lines run east and west.


-Township lines are lines running east and west, parallel with the base line and six
miles apart.


-Range Lines are lines on either side of a principal meridian and are divided into
six-mile-wide strips by lines that run north and south parallel to the meridian


a township - ANSWER✔✔is a 36-square-mile area formed by the intersection of a
township and range lines.


Each township square is divided into 36 Sections, each one mile square.


California has 3 sets of base lines and meridians: - ANSWER✔✔1. The Humboldt
Base Line and Meridian in the northwestern part of the State;

, 2. The Mt. Diablo Base Line and Meridian in the central part of the State; and


3. The San Bernardino Base Line and Meridian in the southern part of the State.


2 California subdivision laws are: - ANSWER✔✔1. Subdivision Map Act, found
in the Government Code, Sections 66410


2. Subdivided Lands Act, found in the Business and Professions Code, Sections
11000 - 11200.


The term "subdivision" includes all of the following: - ANSWER✔✔A
condominium project, a community apartment project, or the conversion of five or
more existing dwelling units to a stock cooperative.


The Subdivision Map Act - ANSWER✔✔This act regulates the DIVISION of 2 or
more lots for the purpose of selling, leasing, or financing said lots, either at that
time or in the future.


is administered by LOCAL OFFICIALS, and focuses on the PHYSICAL aspects
of a subdivision, including:


The streets;
The design of the subdivision;
The sewers; and
Other details that fall into the "physical aspects" category.

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