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.   none of the answers are correct.
D.   take private property for compensation.
Question #2
A formal disclosure of the important facts about a subdivision is called the:
A.   Formal Development Report.
B.   none of the answers are correct.
C.   Public Report.
D.   County Disclosure 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.   inverse condemnation.
B.   conversion.
C.   redevelopment.
D.   none of the answers are correct.
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.
B.   safety.
C.   welfare.
D.   health, safety and welfare
Question #5
Federal discrimination laws evolved from:
A.   Jones v. Mayer.
B.   13th Amendment to the U.S. Constitution.
C.   Title VIII of Civil Rights Act of 1968.
D.   Title VIII of Civil Rights Act of 1968, 13th Amendment to the U.S. Constitution and 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 two years
B.   For three years
C.   For one year
D.   For 90 days after issuance
Question #7
The primary purpose of the master plan is to set forth existing and future matters concerning:
A.   seismic safety.
B.   streets and highways.
C.   seismic safety, districts, and streets and highways.
D.   districts.
Question #8
A small area that is zoned differently from the surrounding area is an example of:
A.   none of the answers are correct.
B.   commercial zoning.
C.   spot zoning.
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 and most fits his or her needs
B.   most fits his or her needs.
C.   is approved by the lending institution.
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.   tentative public report.
C.   preliminary 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.   interested realtor.
B.   prospective purchaser.
C.   fellow developer who requests one.
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.   Restricted areas
B.   Restaurant areas
C.   Residential areas
D.   Recreation 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.   institute a condemnation action.
B.   issue a desist and refrain order.
C.   not approve the preliminary report.
D.   use police power.
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.   pink public report.
C.   CC&Rs of condo association.
D.   by-laws of the condo association.
Question #16
The California Fair Employment and Housing Act is also known as the:
A.   none of the answers are correct.
B.   Open Housing Law.
C.   Unruh Civil Rights Act.
D.   Federal Civil Rights Act of 1968.
Question #17
Who can petition for zone changes?
A.   Government agencies, Subdividers, and Owners
B.   Subdividers
C.   Government agencies
D.   Owners
Question #18
Zoning is police power that controls the:
A.   none of the answers are correct.
B.   use of property.
C.   ownership of property.
D.   taxing of property.
Question #19
Regulatory authority of the housing and construction industry is NOT accomplished through:
A.   state housing law.
B.   local building codes.
C.   Mello-Roos bonds.
D.   state contractor license laws.
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.   Subdivision Map Act.
D.   Preliminary Public Report.

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