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.
take private property for compensation.
D.
tax private property.
Question #2
A formal disclosure of the important facts about a subdivision is called the:
A.
none of the answers are correct.
B.
Formal Development Report.
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.
redevelopment.
C.
conversion.
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.
safety.
B.
health.
C.
health, safety and welfare
D.
welfare.
Question #5
Federal discrimination laws evolved from:
A.
13th Amendment to the U.S. Constitution.
B.
Title VIII of Civil Rights Act of 1968.
C.
Jones v. Mayer.
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 three years
B.
For one year
C.
For 90 days after issuance
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.
streets and highways.
C.
districts.
D.
seismic safety.
Question #8
A small area that is zoned differently from the surrounding area is an example of:
A.
spot zoning.
B.
commercial zoning.
C.
none of the answers are correct.
D.
conditional zoning.
Question #9
A manufactured home is transferred with a:
A.
quitclaim deed.
B.
certificate of title.
C.
bill of sale.
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.
sets the highest standard of safety.
C.
is approved by the lending institution.
D.
most fits his or her needs.
Question #11
The Real Estate Commissioner’s Official (white) Report is the:
A.
tentative public report.
B.
preliminary report.
C.
final subdivision public report.
D.
desist and refrain order.
Question #12
A subdivider is always required to give a copy of the Commissioner’s Public Report about a project to a(n):
A.
fellow developer who requests one, prospective purchaser, and interested realtor
B.
fellow developer who requests one.
C.
prospective purchaser.
D.
interested realtor.
Question #13
With regards to zoning, what does the symbol “R” usually designate?
A.
Restricted areas
B.
Residential areas
C.
Restaurant 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.
CC&Rs of condo association.
B.
pink public report.
C.
financial statements of the 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.
Unruh Civil Rights Act.
C.
Open Housing Law.
D.
Federal Civil Rights Act of 1968.
Question #17
Who can petition for zone changes?
A.
Subdividers
B.
Government agencies
C.
Owners
D.
Government agencies, Subdividers, and Owners
Question #18
Zoning is police power that controls the:
A.
none of the answers are correct.
B.
taxing of property.
C.
use of property.
D.
ownership of property.
Question #19
Regulatory authority of the housing and construction industry is NOT accomplished through:
A.
state contractor license laws.
B.
Mello-Roos bonds.
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.
Subdivision Map Act.
B.
California Zoning Law.
C.
Subdivided Lands Act.
D.
Preliminary Public Report.
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