Ch. 31 Basics Of CA RE law

Question 1

Common law

Answer 1

And English legal system in which disputes or decided on a case-by-case basis before a judge a plane codes in prior cases.

Question 2

Civil law

Answer 2

Hey Spanish legal system in which an elaborate system address per month for contact of the people in advance of disputes.

Question 3

Police power

Answer 3

The basis for an acting local ordinances such as zoning, traffic, health and safety regulations and rent control.

The power to protect the public well-being.

Question 4

Eminent domain

Answer 4

The right of the government to take private property for public use on payment to the owner of the property is fair market value

Question 5

Administrative agencies

Answer 5

A government entity created by the state or federal legislators and local governing bodies to oversee specialize matters. Most have legislative, executive and judicial authority.

Question 6

Stare Decisis

Answer 6

Reliance on an earlier decision to decide the current case

Question 7

What four main constitutional powers authorizes the California legislature to enact laws regulating real estate activities?

Answer 7

• Police power,
• power of eminent domain,
• power to tax,
• escheat, the reverting of property to the state and the owner dies and there are no capable heirs to inherit it.

Aka PETE

Question 8

What is PETE?

Answer 8

• police POWER
• power of EMINENT domain
• power of TAX
• ESCHEAT

Question 9

What does Police Power Govern?

Answer 9

• highway construction and maintenance
• rental control
• zoning
• traffic