Real Estate 101 - Real Estate Principles » Fall 2021 » Chapter 13 Quiz
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Question #1
"Eminent domain" allows the government to:
A.
tax private property.
B.
use 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.
Public Report.
B.
Formal Development Report.
C.
County Disclosure 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.
conversion.
B.
redevelopment.
C.
none of the answers are correct.
D.
inverse condemnation.
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.
health.
C.
safety.
D.
welfare.
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.
Jones v. Mayer.
C.
13th Amendment to the U.S. Constitution.
D.
Title VIII of Civil Rights Act of 1968.
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 one year
C.
For two years
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.
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.
none of the answers are correct.
B.
conditional zoning.
C.
commercial zoning.
D.
spot zoning.
Question #9
A manufactured home is transferred with a:
A.
bill of sale.
B.
none of the answers are correct.
C.
quitclaim deed.
D.
certificate of title.
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.
is approved by the lending institution.
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.
tentative public report.
C.
final subdivision public report.
D.
preliminary 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.
interested realtor.
C.
fellow developer who requests one, prospective purchaser, and interested realtor
D.
fellow developer who requests one.
Question #13
With regards to zoning, what does the symbol “R” usually designate?
A.
Recreation areas
B.
Restaurant areas
C.
Restricted areas
D.
Residential 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.
not approve the preliminary report.
C.
use police power.
D.
issue a desist and refrain order.
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.
Unruh Civil Rights Act.
B.
Federal Civil Rights Act of 1968.
C.
none of the answers are correct.
D.
Open Housing Law.
Question #17
Who can petition for zone changes?
A.
Government agencies, Subdividers, and Owners
B.
Government agencies
C.
Subdividers
D.
Owners
Question #18
Zoning is police power that controls the:
A.
taxing of property.
B.
use of property.
C.
none of the answers are correct.
D.
ownership of property.
Question #19
Regulatory authority of the housing and construction industry is NOT accomplished through:
A.
local building codes.
B.
state housing law.
C.
state contractor license laws.
D.
Mello-Roos bonds.
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.
Subdivision Map Act.
C.
Preliminary Public Report.
D.
Subdivided Lands Act.
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