Real Estate 101 - Real Estate Principles » Fall 2021 » Chapter 13 Quiz

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Question #1
"Eminent domain" allows the government to:
A.   use private property.
B.   none of the answers are correct.
C.   tax private property.
D.   take private property for compensation.
Question #2
A formal disclosure of the important facts about a subdivision is called the:
A.   County Disclosure Report.
B.   Public Report.
C.   Formal Development Report.
D.   none of the answers are correct.
Question #3
The process of purchasing land in a run-down area and constructing new buildings, parks, and other new construction is called:
A.   inverse condemnation.
B.   none of the answers are correct.
C.   conversion.
D.   redevelopment.
Question #4
"Police Power" is the power to make rulings to control the use of private property for the protection of the public’s:
A.   health, safety and welfare
B.   welfare.
C.   safety.
D.   health.
Question #5
Federal discrimination laws evolved from:
A.   Title VIII of Civil Rights Act of 1968.
B.   Jones v. Mayer.
C.   Title VIII of Civil Rights Act of 1968, 13th Amendment to the U.S. Constitution and Jones v. Mayer
D.   13th Amendment to the U.S. Constitution.
Question #6
A purchaser must read a final public report and sign a receipt for it. How long must the subdivider keep this required receipt?
A.   For 90 days after issuance
B.   For one year
C.   For three years
D.   For two years
Question #7
The primary purpose of the master plan is to set forth existing and future matters concerning:
A.   seismic safety.
B.   districts.
C.   streets and highways.
D.   seismic safety, districts, and streets and highways.
Question #8
A small area that is zoned differently from the surrounding area is an example of:
A.   commercial zoning.
B.   spot zoning.
C.   none of the answers are correct.
D.   conditional zoning.
Question #9
A manufactured home is transferred with a:
A.   certificate of title.
B.   bill of sale.
C.   quitclaim deed.
D.   none of the answers are correct.
Question #10
If there is a discrepancy between local and state building codes, the subdivider will use the code that:
A.   is approved by the lending institution.
B.   sets the highest standard of safety.
C.   most fits his or her needs.
D.   is approved by the lending institution and most fits his or her needs
Question #11
The Real Estate Commissioner’s Official (white) Report is the:
A.   preliminary report.
B.   final subdivision public report.
C.   desist and refrain order.
D.   tentative public report.
Question #12
A subdivider is always required to give a copy of the Commissioner’s Public Report about a project to a(n):
A.   prospective purchaser.
B.   fellow developer who requests one, prospective purchaser, and interested realtor
C.   fellow developer who requests one.
D.   interested realtor.
Question #13
With regards to zoning, what does the symbol “R” usually designate?
A.   Restricted areas
B.   Residential areas
C.   Recreation areas
D.   Restaurant areas
Question #14
With regards to a subdivision, if the Real Estate Commissioner wanted to stop sales or any violations, he or she would:
A.   not approve the preliminary report.
B.   issue a desist and refrain order.
C.   institute a condemnation action.
D.   use police power.
Question #15
The seller of a 10-year-old condominium must provide, to the buyer, all the following, except:
A.   CC&Rs of condo association.
B.   financial statements of the condo association.
C.   pink public report.
D.   by-laws of the condo association.
Question #16
The California Fair Employment and Housing Act is also known as the:
A.   Open Housing Law.
B.   none of the answers are correct.
C.   Federal Civil Rights Act of 1968.
D.   Unruh Civil Rights Act.
Question #17
Who can petition for zone changes?
A.   Government agencies
B.   Government agencies, Subdividers, and Owners
C.   Owners
D.   Subdividers
Question #18
Zoning is police power that controls the:
A.   ownership of property.
B.   use of property.
C.   taxing of property.
D.   none of the answers are correct.
Question #19
Regulatory authority of the housing and construction industry is NOT accomplished through:
A.   local building codes.
B.   Mello-Roos bonds.
C.   state contractor license laws.
D.   state housing law.
Question #20
Coordinating subdivision plans and insuring that subdividers comply with the city or county’s master plan is the objective of the:
A.   California Zoning Law.
B.   Subdivided Lands Act.
C.   Preliminary Public Report.
D.   Subdivision Map Act.

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