Principles of Real Estate Ch.13 (Quiz 13)

0.0(0)
studied byStudied by 0 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/29

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

30 Terms

1
New cards

Every person who engages in the business of contracting:

1) Must be insured

2) Must be licensed by the state

3) Must be bonded

4) Must be a licensed broker

2) Must be licensed by the state

2
New cards

The subdivision law administered by the California Real Estate Commissioner, who requires the issuance of a public report, is the:

1) Subdivision Map Act

2) Subdivided Lands Act

3) Subdivision

4) Subdivided Interstate Act

2) Subdivided Lands Act

3
New cards

The Subdivision Map Act requires the filing of a subdivision map with:

1) Local government

2) State government

3) Federal government

4) All of the above

1) Local government

4
New cards

All subdivisions offered for sale in California must provide real estate commissioner-approved disclosures if the land is located in:

1) Any state in the nation

2) Rural areas of California only

3) Urban areas of California only

4) Any area of California

4) Any area of California

5
New cards

The type of development in which an owner obtains an individual deed to his or her living unit and has an undivided interest in all the land and common areas is a:

1) Planned unit development

2) Community apartment

3) Stock cooperative

4) Condominium

4) Condominium

6
New cards

If a person purchases the right to occupy a unit for a certain designated period each year, this is called:

1) Undivided ownership

2) Time share ownership

3) Cooperative ownership

4) Estate for years ownership

2) Time share ownership

7
New cards

The final step in urban planning is to:

1) Begin a comprehensive plan

2) Formulate the community goals

3) Implement the general plan

4) Provide long range goals

3) Implement the general plan

8
New cards

Redlining in California is illegal because of the:

1) Fair Housing Act

2) Rumford Act

3) Unruh Act

4) Housing Financial Discrimination (Holden) Act

4) Housing Financial Discrimination (Holden) Act

9
New cards

It is illegal to disqualify a person who wishes to buy or rent a home based on:

1) Physical handicap

2) Income levels

3) Credit rating

4) All of these

1) Physical handicap

10
New cards

The California law that makes it unlawful for private parties to discriminate illegally is the:

1) Fair Housing Act

2) Unruh Act

3) Equal Credit Opportunity Act

4) Housing Financial Discrimination (Holden) Act

1) Fair Housing Act

11
New cards

If a seller offers to give a real estate agent a listing that contains an illegal discriminatory clause, the agent should:

1) Refuse the listing

2) Take the listing, then tell the seller the clause is illegal

3) Take the listing and report it to the multiple listing services

4) Take the listing and follow the seller's wishes

1) Refuse the listing

12
New cards

A public report is good for:

1) Five years

2) Seven years

3) Two years

4) One year

1) Five years

13
New cards

Which of the following is the best definition of the term "zoning"?

1) Joining together non-harmonious land uses

2) A deviation from subdivision rules and regulations

3) Separating non-harmonious land uses

4) Enforcing the process of eminent domain

3) Separating non-harmonious land uses

14
New cards

The principal responsibility of a planning commission is to advise elected officials regarding:

1) Enforcement of the Subdivided Lands Act

2) Development of a general plan

3) Safety of street design

4) Taxing of real estate

2) Development of a general plan

15
New cards

The state and federal governments have instituted laws prohibiting illegal discrimination in real estate transactions. Which of the following is a federal law that affects all states?

1) Holden Act

2) Rumford Act

3) Civil Rights Acts of 1968 and 1988 Amendments

4) Unruh Civil Rights Act

3) Civil Rights Acts of 1968 and 1988 Amendments

16
New cards

All of the following are common interest developments, except:

1) Condominiums

2) PUDs

3) Stock cooperatives

4) Standard tract homes

4) Standard tract homes

17
New cards

State legislation gives cities and counties some control over real property in all of the following matters, except:

1) Lien and attachment laws

2) Local planning and zoning laws

3) Land use regulations

4) Rent controls

1) Lien and attachment laws

18
New cards

To exercise this power, government must have a public use and pay just compensation:

1) Eminent Domain

2) Police power

3) Planning

4) Zoning

1) Eminent Domain

19
New cards

Which of the following requires a certain number of units to be set aside for people of low and moderate income?

1) Holden Act

2) Fair Housing Act

3) Comprehensive zoning

4) Inclusionary zoning

4) Inclusionary zoning

20
New cards

The Subdivided Lands Act would apply to:

1) An apartment building in Modesto

2) A two lot subdivision in Sacramento

3) A five lot commercial subdivision in San Diego

4) A 10 unit condominium conversion in Los Angeles

4) A 10 unit condominium conversion in Los Angeles

21
New cards

A deviation from zoning requirements for a single parcel of land is a:

1) Rezoning

2) Variance

3) Appeal

4) Planning change

2) Variance

22
New cards

Which of the following is not a material change that requires an amended public report?

1) Placement of a billboard on a highway showing the location of the subdivision

2) Change in the purchase contract forms

3) Readjustment of lot sizes

4) Sale of five or more lots to a single buyer

1) Placement of a billboard on a highway showing the location of the subdivision

23
New cards

If a city planning commission turns down a variance request, the next level of appeal is to the:

1) City engineer

2) City assessor

3) City council

4) Courts

3) City council

24
New cards

Which of the following statements is not true in regard to the issuance of the preliminary public report on a subdivision project?

1) Subdividers may take reservations for purchase pending the issuance of the final public report

2) Preliminary public reports are ordinarily good for five years

3) It is canceled with the presentation of the final public report

4) It is good for only one year

2) Preliminary public reports are ordinarily good for five years

25
New cards

Which is not an example of police power:

1) A property zoned single family residential

2) A one story construction limitation

3) Smoke detectors required to be in homes

4) Taking someone's home to build a freeway

4) Taking someone's home to build a freeway

26
New cards

All of the following regarding housing and construction laws are true, except:

1) A person can build his or her own home without a contractor's license, but must follow housing codes

2) State housing codes are uniform throughout California

3) A major development will normally require an environmental impact report

4) A negative impact report is used when a development will have a significant impact on the environment

27
New cards

Which of the following is not controlled by zoning regulations?

1) Property use

2) Height limits

3) Deed restrictions

4) Type of building

3) Deed restrictions

28
New cards

Discrimination due to race, color, or creed in housing under both federal and state legislation is:

1) Illegal

2) Unlawful

3) Unenforceable

4) All of the above

4) All of the above

29
New cards

Which of the following would not be governed by the Subdivision Map Act?

1) A condominium project

2) A new single family residence

3) A 100 acre residential development in Los Vegas

4) A new commercial subdivision

3) A 100 acre residential development in Los Vegas

30
New cards

The famous case that ruled that the Civil Rights Act of 1866 was constitutional was:

1) Jones vs. Mayer

2) Rumford vs. State of California

3) Nobleman vs. Action Savings

4) Fassler vs. Williams

1) Jones vs. Mayer