Real Estate Principles Pre-licensing Flashcards
1
Q
Where can California real estate law be found.?
A
In the business and professions code
2
Q
Which of these describes the composition of the California department of real estate advisory commission?
A
Ten members, six are real estate brokers and four who are unlicensed consumers.
3
Q
What is the difference between real estate law and regulations of the real estate commissioner?
A
Regulations are used to enforce and clarify the law. Real estate licenses must be abide by both.
4
Q
What is the goal of real estate law?
A
Protect and promote public safety, health, order, and welfare
5
Q
What is an executor of estate?
A
A person who is appointed by the law to carry out the terms of their will. A person who produces some thing or put something into affect.
