Other real estate dealings in California

Question 1

When do you need to be licensed as a mobile home dealer?

Answer 1

If the licensee is advertising for offering for sale two or more, mobile homes at their business office.

Question 2

When is the term “mobile home” tend to be used as a term?

Answer 2

The term is used to describe units built after 1976 and “manufactured home” is used to describe units built after 1976.

Question 3

What is a MOG property?

Answer 3

Mineral, oil, and gas property.

Question 4

Do I need a MOG license to sell mineral oil and gas properties?

Answer 4

Prior to 1994 emoji activities required a separate license. This is no longer the case.

Question 5

What is a PRLS license?

Answer 5

This is a license different from a real estate license. In exchange for a fee a PRLS provides listings of residential real property available for rent to prospective tenants, but is not involved in negotiating lease or rental agreements.

Question 6

Can a real estate licensee provide a PRLS?

Answer 6

Yes, but a PRLS licensee cannot perform activities requiring a real estate license.

Question 7

California law describes a mobile home as a structure transported in one or more sections, built on a chassis, and consisting of no more than two dwellings? True or false?

Answer 7

True

Question 8

Real estate professionals must be licensed as a mobile home dealers to be involved in sale or purchase of these units? True or false?

Answer 8

False, you only need to have this license if selling more than two in a year.

Question 9

MOG activities. What mineral, oil, and gas related activities can a real estate license perform?

Answer 9

Cell, purchase, exchange, or lease MOG properties.
Offer to sell, purchase, or lease MOG properties.
Solicit, MOG sellers, buyers, or listings .
Collect rent or royalties from MOG properties
Assist in completing MOG lease or purchase applications.

Question 10

Who can sell subdivisions?

Answer 10

Many real estate licenses will be involved in the sale of subdivided property or advertising a client in the preparation of a subdivision for market.

Question 11

Can a PRLS negotiate for the tenant or landlord?

Answer 11

No, PRLS only provides property rental lease services and cannot be involved with real estate activities.