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.   County Disclosure Report.
B.   none of the answers are correct.
C.   Formal Development Report.
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.   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.   health.
B.   health, safety and welfare
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.   Title VIII of Civil Rights Act of 1968.
C.   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 one year
B.   For two years
C.   For three 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.   streets and highways.
B.   districts.
C.   seismic safety.
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.   conditional zoning.
B.   commercial zoning.
C.   spot zoning.
D.   none of the answers are correct.
Question #9
A manufactured home is transferred with a:
A.   bill of sale.
B.   certificate of title.
C.   none of the answers are correct.
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.   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.   tentative public 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.
B.   prospective purchaser.
C.   fellow developer who requests one, prospective purchaser, and interested realtor
D.   interested realtor.
Question #13
With regards to zoning, what does the symbol “R” usually designate?
A.   Residential areas
B.   Recreation 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.   institute a condemnation action.
B.   not approve the preliminary report.
C.   issue a desist and refrain order.
D.   use police power.
Question #15
The seller of a 10-year-old condominium must provide, to the buyer, all the following, except:
A.   pink public report.
B.   by-laws of the condo association.
C.   financial statements of the condo association.
D.   CC&Rs of 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.   Subdividers
C.   Owners
D.   Government agencies
Question #18
Zoning is police power that controls the:
A.   taxing of property.
B.   none of the answers are correct.
C.   ownership of property.
D.   use of property.
Question #19
Regulatory authority of the housing and construction industry is NOT accomplished through:
A.   local building codes.
B.   state contractor license laws.
C.   Mello-Roos bonds.
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.   Subdivision Map Act.
C.   Preliminary Public Report.
D.   Subdivided Lands Act.

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