chp13

Question 1

Who are exempt from the real estate licensing education requirements in California…?
A Anyone licensed to practice law in California
B Architects
C Engineers
D All of the above

Answer 1

anyone licensed to practice law in California

Question 2

For new licensees, continuing education is required how many years after getting their license…?
A1 year
B2 years
C3 years
D4 years

Answer 2

4

Question 3

All new licensees are required to take which of the following continuing education courses…?
AEthics
BFair Housing
CConsumer Protection
DAll of the above

Answer 3

all of the above

Question 4

Real estate brokers must maintain records of all transactions for how many years from the date of the closing…?
A1
B2
C3
D4

Answer 4

3

Question 5

Which of the following enables a person who has been defrauded or had trust funds converted by a real estate licensee in a transaction requiring a license, to recover at least some of his/her actual loss when the licensee’s assets are insufficient…?
AThe California Real Estate Recovery Fund
BThe California Bill of Sale Fund
CThe California Escrow Fund
DAll of the above

Answer 5

the California Real Estate Recovery Fund

Question 6

A systematic regulation of construction of buildings within a municipality established by ordinance or law are known as…?
AZoning Ordinances
BBuilding Codes
CCertificate of Occupancy
DHousing Rules

Answer 6

Building Codes

Question 7

Building codes are an example of police power…?
AT (True)
BF (False)

Answer 7

true

Question 8

What is the job of a building inspector…?
ATo enforce the building codes
BTo provide advice on construction
CTo provide feedback to the home owner
DAll of the above

Answer 8

To enforce the building codes

Question 9

The Housing and Community Development do which of the following…?
ADevelop housing policy and building codes
BRegulate manufactured homes
CRegulate mobile home parks
DAll of the above

Answer 9

all of the above

Question 10

This is a contractor whose operations involve the performance of construction work requiring special skill and whose principal contracting business involves the use of specialized building trades or crafts…?
AGeneral Contractor
BConstruction Manager
CSpecialty Contractor
DUnion Contractor

Answer 10

Specialty Contractor

Question 11

A gift is subject to tax liability…?
AT (True)
BF (False)

Answer 11

true

Question 12

This refers to a contractor whose principal business is in connection with any structure being built (or to be built), requiring in its construction the use of at least two unrelated building trades or crafts…?
AGeneral Contractor
BConstruction Manager
CSpecialty Contractor
DUnion Contractor

Answer 12

General Contractor

Question 13

A plumber is an example of a general contractor…?
AT (True)
BF (False)

Answer 13

false

Question 14

Specialty contractors work under a general contractor on a project…?
AT (True)
BF (False)

Answer 14

true

Question 15

It is a misdemeanor for a licensed contractor to perform asbestos related work without prior certification…?
AT (True)
BF (False)

Answer 15

true

Question 16

Contractors in the State of California are governed by the…?
ACalifornia Bureau of Real Estate
BCalifornia Attorney General
CCalifornia Building Code Review Board
DContractors State Licensing Board

Answer 16

Contractors State Licensing Board

Question 17

A roof which is almost level is referred to as a…?
AMansard Roof
BHip Roof
CFlat Roof
DGable Roof

Answer 17

flat roof

Question 18

A drawing to scale, showing a view from above, of the relationships between rooms, spaces and other physical features at one level of a structure is known as a…?
APlot Plan
BFloor Plan
CFoundation Plan
DRoof Plan

Answer 18

floor plan

Question 19

A floor plan drawn to scale showing the location and size of the foundation walls of a building is known as a…?
AFoundation Plan
BGeometry Plan
CSlab Edge Plan
DPlot Plan

Answer 19

Foundation Plan

Question 20

A scaled plan diagram showing the buildings, utility runs, equipment layout, the position of roads, and other constructions of an existing or proposed project site is known as a…?
AFoundation Plan
BGeometry Plan
CSlab Edge Plan
DPlot Plan

Answer 20

Plot Plan

Question 21

An area of limited height under a floor or roof, giving access to wiring and plumbing is referred to as a…?
ASplayed Area
BFoundation Space
CCrawl Space
DParapet

Answer 21

crawl space

Question 22

Mobile homes are NOT subject to a sales and use tax…?
AT (True)
BF (False)

Answer 22

false

Question 23

A gift tax can be applied to both personal and real property…?
AT (True)
BF (False)

Answer 23

true

Question 24

A written instrument given to pass title of personal property from vendor to the vendee is known as a…?
ADeed
BPurchase Contract
CBill of Sale
DTransfer Document

Answer 24

Bill of Sale

Question 25

A bill of sale is required if the items being sold are valued over…?
A1
B100
C500
D1000

Answer 25

500

Question 26

This law is intended to prevent a business owner from selling the items in which they run their business…?
ABulk Sales Law
BCommerce Law
CBulk Business Law
DBill of Sale Law

Answer 26

Bulk Sales Law

Question 27

Which of the following is a requirement of a bulk sale by a business…?
AThe business owner must setup an escrow for all funds realized from the sale
BThe business owner must give notice to all of their creditors
CThe business owner must publish notice of the sale in a circulated publication
DAll of the above

Answer 27

all of the above

Question 28

A broker is required to supervise which of the following…?
AAll transactions that require a real estate license
BHandling of all trust funds
CFiling, storage, and maintenance of all transaction related documents
DAll of the above

Answer 28

all of the above