CH 1 Intro to RE Principles Flashcards

1
Q

What law specifies the qualifications to obtain and maintain real estate licenses?

A

California Real Estate License Law

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2
Q

What law specifies who must obtain a license to practice real estate?

A

California Real Estate License Law

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3
Q

What law deals with the procedures for advertising, handling trust funds, managing escrow accounts, and dealing with clients/ customers?

A

California Real Estate License Law

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4
Q

What is the DRE?

A

the California Department of Real Estate

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5
Q

The __________ is the administrative body that administers AND enforces the real estate license laws and related regulation of California real estate licensees.

A

the DRE

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6
Q

Who heads the DRE?

A

the Real Estate Commissioner

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7
Q

All information advertised by a CA broker must…?

A

clearly state it is indeed made by a CA broker

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8
Q

The Business and Professions Code is also called what?

A

the B & P Code and The Code

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9
Q

The Code is divided into what two parts?

A

Part 1- Real Estate Law

Part 2 - Subdivided Land Law

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