CA Real Estate Principles Course » 2021 » Section 18 Unit 1 Exam

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Question #1
Your client, Eric, is interested in purchasing an industrial property to start a new business. You've recommended that soil, air, and water testing be done, but Eric is on a tight budget and doesn’t feel these tests are necessary. What should you do?
A.   Perform the tests yourself.
B.   Support Eric in his decision and do nothing further.
C.   Keep records of your recommendations and a written response from Eric.
D.   Refuse to be a part of the transaction.
Question #2
If you suspect there might be an environmental issue with a property you're selling but you're not sure, what should you do?
A.   Sell the property as quickly as possible and cash that commission check.
B.   Ask a lot of questions, ask for help, and disclose everything if issues do exist.
C.   Ignore your hunch; it's not your responsibility.
D.   Refuse to sell the property.
Question #3
Mercedes is assisting a buyer who wants to purchase a home in a particular neighborhood. When looking at homes with her client, where should Mercedes look for potential environmental concerns?
A.   The outdoor areas of the property
B.   The area where the home is built, outside the home, and inside the home
C.   At her broker's office
D.   Inside the home and other structures
Question #4
A licensee must understand risks and provide disclosure of known environmental issues. A licensee must also do which of the following?
A.   Be an expert in every aspect of environmental science.
B.   Perform environmental testing.
C.   Hire professional inspectors.
D.   Know when to ask questions.

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