- An important exception to this rule is the "trade fixture. Here, the commercial restaurant equipment that Dubois purchased and installed for her business is an example of a trade fixture that she will be able to remove--legally--prior to the end of...Link: https://medicexams.com/Health/BHL-eddie-long-lose-weight/
- C is incorrect. Answer Choice "C" states the general rule for fixtures. But, because this restaurant equipment is used in the tenant's business, it will be considered a "trade fixture" that the tenant can remove before the end of the lease. D is...Link: https://36gu5d4dxary1824ba1o7kkq6uc-wpengine.netdna-ssl.com/wp-content/uploads/SchoolTutoringAcademy-Alabama-ARMT-and-AHSGE-Tutoring-Program-Summary.pdf
- Forbidding paint color other than beige on the exterior of a home. Promoting diversity through restricting sales to unrepresented races. Banning people from owning large dogs weighing over 40 pounds. Private control is exercised by a non-governmental entity. Private control usually "runs with the land. The restrictions may be limited to a single parcel of land or they might cover an entire subdivision. In , in the landmark case of Shelley vs. Kraemer, the U.Link: https://ca.answers.yahoo.com/question/index?qid=20210218172944AAp7gkh
- Supreme Court held that the Federal Constitution prohibits racially-restrictive housing covenants in the United States. Therefore, limiting the sale of real estate to certain races, even with the goal of promoting diversity, is an example of illegal private control. Test-Taking Tip: Restricting the sale or rental of real estate on the basis of race is never legally permitted in the United States. A, B, and D are all common examples of lawful private controls. Section 2. California Laws of Agency and Fiduciary Duties 4. Late one afternoon, a listing broker was holding an open house at Woodriver Drive in CA. Seeing the "Open House" sign, a prospective buyer came in to look at the home. After several questions about the house and local school system, the inexperienced buyer asked the listing broker for suggestions on how to negotiate successfully for the Woodriver Drive residence.Link: https://autozone.com/suspension-steering-tire-and-wheel/shock-strut-front/hyundai/santa-fe
- The listing broker answered the questions as helpfully as possible. However, because the broker was tired, the broker did not raise the issue of agency representation, compensation, or even ask for the prospective buyer's name. The following morning, the prospective buyer started to act on the listing broker's advice. What type of agency, if any, was created with the prospective buyer? Implied agency c. An agency relationship cannot be formed without first learning basic information like names.Link: https://thoughtcatalog.com/samantha-newman/2020/03/harry-potter-trivia-questions-answers/
- Because compensation was never discussed, no agency relationship was created. In CA, an "implied agency" can be created unintentionally or by accident, and without any written formalities. By guiding the prospective buyer on the negotiation tactics needed to purchase the Woodriver Drive property, the listing broker was engaging in the advisory conduct that should be reserved for clients, thus accidentally creating an implied agency relationship. An express agency is created by the oral or written agreement of both parties. Here, the test question states that the subject of agency representation was never discussed. An unintended or implied agency can be created during a casual conversation where names have not been exchanged.Link: https://parade.com/1018413/marynliles/things-to-do-when-bored/
- An agency relationship can be created without compensation being discussed, or without even the expectation of compensation. This is one reason why real estate licensees do everything possible to prevent an implied agency: An implied agency can create fiduciary duties owed by the real estate professional before there is any type of agreement related to compensation. Note: The listing broker was already the agent of the seller. By advising the prospective buyer and establishing an implied agency, the listing broker created an undisclosed dual agency with the seller and the prospective buyer.Link: https://brainwonders.in/psychometric/iq-test.php
- An undisclosed dual agency is illegal, and will subject the listing broker to DRE discipline and the loss of any earned commission. Which duty owed only to the principal will require the listing broker to disclose the delinquent child support to Jon Brown? Honesty c. Disclosure d. Disclosure of material facts In CA, disclosure is a fiduciary duty owed by an agent to a principal. Here, the agent is the listing broker and the principal is the seller. The listing broker owes the seller the disclosure of relevant and pertinent information pertaining to the listing broker's duties.Link: https://chegg.com/homework-help/questions-and-answers/show-mean-poisson-distribution-intensity-parameter-1-2-show-taylor-series-xet-around-x-0-g-q72840796
- One of the listing broker's duties is to counsel the seller as to a prospective buyer's ability to complete a sale. Information related to the delinquent child support must be disclosed by the listing broker to Jon Brown as it pertains to Samantha Southerland's financial ability to buy the condominium. A, B, and D are incorrect. Real estate licensees owe both parties to a transaction the duties of honesty, good faith, fair dealing, and a full disclosure of all material facts related to the desirability or value of the property. Test-Taking Tip: Be careful to distinguish "the fiduciary duty of disclosure" from the "disclosure of all material facts related to the property.Link: https://ielts-thanhloan.com/goc-tu-van/ielts-listening-cam-7-test-4.html
- The fiduciary duty of disclosure is not owed to an unrepresented member of the public. In contrast, the "disclosure of all material facts related to the property" is owed by a real estate licensee to both parties in a transaction, and does not depend on an agency relationship. All of the following are correct statements related to a listing broker and a broker working as a property manager in CA except: a.Link: https://burkelab.com/eeecourses/BurkeLabClasses/eee.uci.edu/07f/18220/homeworkexams/Midterm%2Bsolution.pdf
- Both brokers owe fiduciary duties to their principals. Both brokers must supervise their associate licensees. Both brokers typically have a limited authority to bind their principals. A listing broker is a special agent, while a property manager is a general agent. In CA, the listing broker is a special agent, employed by the seller for a particular transaction or act i. A special agent is typically only an advisory position.Link: https://echovita.com/us/obituaries/ct/west-hartford/ida-marie-margolfo-12560573
- So, for example, while the listing broker can solicit offers and advise the seller as to the merits of each offer, the listing broker cannot accept an offer and bind the seller. In contrast, the real estate broker working as a property manager is a general agent.Link: https://chegg.com/homework-help/questions-and-answers/7-pt-let-crr-model-sn-5-21-zn-given-independent-zk-p-z-u-p-p-zx-d-1-p-0-q72770038
- This page will now refresh. Please refresh the page and try again How many questions are on the CA real estate exam? The California state real estate salespersons exam consists of multiple-choice questions with a 3-hour time-limit. Related Questions What are the exam policies at the state exam testing center? While taking the state exam, you must abide by the rules set forth by the Real Estate Commissioner. Cell phones are strictly prohibited in the exam room and cannot be used while out on a break. For security reasons, there are several items that are not permitted in the exam room. Read More Are there any testing accommodations available for the state exam? You must submit a Reasonable Accommodation Request for Examination form along with the required documentation. If you do not have a valid photo ID, you will not be permitted to sit for the state exam. No, you are not permitted to bring a calculator into the exam room. Instead, the testing center will provide you with a basic calculator to use for the exam.Link: https://quizlet.com/120022684/to-kill-a-mocking-bird-chapters-17-19-flash-cards/
- You can only apply to retake the state exam after you have received notification that you failed the exam. You have two years to pass the exam from the date your exam application is received by the DRE.Link: https://telangana.tetexams.in/ts-dsc-answer-key/
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Sunday 23 May 2021
California Real Estate Exam Questions And Answers
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