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.   tax private property.
C.   take private property for compensation.
D.   none of the answers are correct.
Question #2
A formal disclosure of the important facts about a subdivision is called the:
A.   County Disclosure Report.
B.   Formal Development Report.
C.   none of the answers are correct.
D.   Public Report.
Question #3
The process of purchasing land in a run-down area and constructing new buildings, parks, and other new construction is called:
A.   redevelopment.
B.   inverse condemnation.
C.   none of the answers are correct.
D.   conversion.
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.   health.
D.   safety.
Question #5
Federal discrimination laws evolved from:
A.   Title VIII of Civil Rights Act of 1968, 13th Amendment to the U.S. Constitution and Jones v. Mayer
B.   Title VIII of Civil Rights Act of 1968.
C.   13th Amendment to the U.S. Constitution.
D.   Jones v. Mayer.
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 three years
B.   For 90 days after issuance
C.   For one year
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, districts, and streets and highways.
B.   seismic safety.
C.   districts.
D.   streets and highways.
Question #8
A small area that is zoned differently from the surrounding area is an example of:
A.   spot zoning.
B.   conditional zoning.
C.   none of the answers are correct.
D.   commercial zoning.
Question #9
A manufactured home is transferred with a:
A.   certificate of title.
B.   none of the answers are correct.
C.   bill of sale.
D.   quitclaim deed.
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.   is approved by the lending institution and most fits his or her needs
C.   most fits his or her needs.
D.   sets the highest standard of safety.
Question #11
The Real Estate Commissioner’s Official (white) Report is the:
A.   desist and refrain order.
B.   preliminary report.
C.   tentative public report.
D.   final subdivision 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.
C.   interested realtor.
D.   fellow developer who requests one, prospective purchaser, and interested realtor
Question #13
With regards to zoning, what does the symbol “R” usually designate?
A.   Recreation areas
B.   Residential areas
C.   Restaurant areas
D.   Restricted 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.   issue a desist and refrain order.
B.   use police power.
C.   not approve the preliminary report.
D.   institute a condemnation action.
Question #15
The seller of a 10-year-old condominium must provide, to the buyer, all the following, except:
A.   financial statements of the condo association.
B.   CC&Rs of 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.   Unruh Civil Rights Act.
B.   none of the answers are correct.
C.   Federal Civil Rights Act of 1968.
D.   Open Housing Law.
Question #17
Who can petition for zone changes?
A.   Subdividers
B.   Government agencies, Subdividers, and Owners
C.   Government agencies
D.   Owners
Question #18
Zoning is police power that controls the:
A.   taxing of property.
B.   ownership of property.
C.   none of the answers are correct.
D.   use of property.
Question #19
Regulatory authority of the housing and construction industry is NOT accomplished through:
A.   Mello-Roos bonds.
B.   state contractor license laws.
C.   local building codes.
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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