CALIFORNIA REAL ESTATE ACTUAL FINAL

CALIFORNIA REAL ESTATE ACTUAL FINAL

EXAM WITH QUESTIONS AND VERIFIED

CORRECT ANSWERS |GRADED A+ |

CALIFORNIA REAL ESTATE LA 2024-2025

BRAND NEW EXAM |GUARANTEED PASS!!

MOST California real estate law originally came from

• Spanish law.
• Mexican law.
• English common law.
• the commissioner's regulations. - ANSWER- c. English common law.

Reliance on previous decisions is BEST described as

• common law.
• stare decisis.
• equity.
• civil law. - ANSWER- b. stare decisis.

Our system of statutes in California could BEST be described as

• civil law.
• stare decisis. 1 / 4

• equity.
• constitutional law. - ANSWER- a. civil law.

The Equal Credit Opportunity Act is BEST described as

• stare decisis.
• common law.
• civil law.
• constitutional law. - ANSWER- c. civil law.

The power of eminent domain is based on which amendment to the U.S.Constitution?

• First
• Thirteenth
• Fifth
• Fourteenth - ANSWER- c. Fifth

The regulation of real estate licensees is covered in the

• Administrative Code.
• Corporation Code.
• Civil Code.
• Business and Professions Code. - ANSWER- d. Business and Professions Code.

There is no uniform code for

• personal property.
• commercial paper.
• real property.
• all of these. - ANSWER- c. real property. 2 / 4

The commissioner's regulations are

• considered to have the force and effect of law.
• known as the real estate law.
• included in the Business and Professions Code.
• none of these. - ANSWER- a. considered to have the force and effect of law.

In adopting regulations, an administrative agency must provide for

• alternative remedies
• arbitration of disputes.
• a public hearing.
• all of these. - ANSWER- c. a public hearing.

The real estate commissioner conducts hearings in accordance with the

• Administrative Procedure Act.
• Business and Professions Code.
• Labor Code.
• Public Resources Code. - ANSWER- a. Administrative Procedure Act.

Decisions of the Department of Real Estate

• are binding and final.
• may be appealed to the courts.
• must be made unanimously by the commission.
• must be concurred with by a majority of the commission. - ANSWER- b. may

be appealed to the courts.

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Damages awarded by a court more than actual damages suffered by a plaintiff are known as

• liquidated damages.
• nominal damages.
• exemplary damages.
• compensatory damages. - ANSWER- c. exemplary damages.

The California court that has original jurisdiction for a claim of $100,000 would be the

• California Supreme Court.
• superior court.
• small claims court.
• Court of Appeal. - ANSWER- b. superior court.

Most real estate disputes are adjudicated in

• federal courts.
• superior courts.
• Court of Appeal.
• the Supreme Court. - ANSWER- b. superior courts.

Which constitutional amendment allows homeowners to place a For Sale sign on their home?

• First
• Fifth
• Fourteenth
• Twenty-Sixth - ANSWER- a. First
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