1 sources of law and the judicial system

Question 1

California bureau of real estate

Answer 1

Part of the California Department of Consumer Affairs, is the primary state agency to administer California real estate law.

Question 2

When was the California Bureau of real estate created?

Answer 2

1917

Question 3

Administrative agency

Answer 3

A government agency that makes rules and regulations to carry out the law

Question 4

Administrative procedure act

Answer 4

A procedural act that must be complied with before revocation, suspension, or denial of a real estate license.

Question 5

Arbitration

Answer 5

Nonjudicial process of resolution of disputes either by agreement or mandated by law

Question 6

Civil law

Answer 6

System of law codified by statutes

Question 7

MOST California real estate law originally came from?

Answer 7

English common law

Question 8

Reliance on previous decisions is BEST described as?

Answer 8

Stare decisis

Question 9

Our system of statutes in California could BEST be described as

Answer 9

Civil law

Question 10

The Equal Credit Opportunity Act is BEST described as?

Answer 10

Civil law

Question 11

The power of eminent domain is based on which amendment to the U.S. Constitution?

Answer 11

5th amendment

Question 12

Which constitutional amendment allows homeowners to place a For Sale sign on their home?

Answer 12

1st amendment

Question 13

Laws governing ownership rights are set forth in?

Answer 13

Federal statutes

Question 14

The regulation of real estate licensees is covered in the ?

Answer 14

Business and Professions code

Question 15

No uniform code for?

Answer 15

Real property

Question 16

The real estate commissioner conducts hearings in accordance with the ?

Answer 16

Administrative Procedure Act

Question 17

Exemplary damages

Answer 17

Damages awarded by a court in excess of actual damages suffered by a plaintiff

Question 18

Most real estate disputes are adjudicated in?

Answer 18

Superior courts

Question 19

MOST lawsuits involving real estate matters can be described as ?

Answer 19

Civil Actions

Question 20

Compensatory damages

Answer 20

Money awarded to an injured person for damages

Question 21

Equitable remedies

Answer 21

• Reformation
• Rescission
• Specific Performance

Question 22

Injunction

Answer 22

The remedy in which a person is ordered to cease and desist from an activity

Question 23

Quiet title

Answer 23

Is a legal action to determine the ownership or rights in real property.

Question 24

Liquidated damages

Answer 24

Damages agreed to, before a contractual breach, as the remedy in the event of a default.

Question 25

Stare decisis

Answer 25

Principle that previous decisions should be used to determine present rights and obligations.

Question 26

Specific performance

Answer 26

Requiring a person to perform as she agreed to perform.

Question 27

Statutory law

Answer 27

• Law that is based on enacted statutes rather than precedent
• Civil law

Question 28

Venue

Answer 28

The proper place for a lawsuit to be filed.