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부동산

Real Estate Law 103

2019.05.17 18:07 Views : 120

  1. List three parties exempt from real estate licensing requirements in California. (Additional correct answers on page 9.) 
    • The employees of banks or other lending institutions
    • Cemetery authorities
    • Short-term (vacation) rental agents
       
  2. What is California’s policy regarding compensation for an unlicensed person acting in the capacity of a real estate salesperson?

    That individual cannot receive any compensation for such acts.
     
  3. If a broker authorizes an unlicensed person to act in the capacity of a licensed salesperson, including providing compensation for real estate services, who will be disciplined under the law?

    Both the unlicensed person and the broker
     
  4. What are the penalties for engaging in unlicensed real estate activity?

    The penalties for engaging in unlicensed real estate activity are a fine of up to $20,000 and/or six months imprisonment for an individual, and a fine up to $60,000 for a corporation.
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378 Warehousing 2019.05.24 433
377 Real Estate Settlement Procedures Act (RESPA) 2019.05.23 141
376 advance 2019.05.22 269
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374 Equitable title 2019.05.22 114
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372 void contract 2019.05.22 108
371 requirement be restored 2019.05.22 146
370 discriminate 2019.05.22 177
369 culmination 2019.05.22 150
368 Exclusive agency vs Exclusive right to sell 2019.05.22 227
367 ground floor handicapped accessible 2019.05.22 530
366 violation of the Federal Fair Housing Act 2019.05.22 263
365 Valuable consideration 2019.05.22 208
364 quiet title 2019.05.22 188
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362 Quiz 15 2019.05.17 8701
361 Chapter 15 Conclusion 2019.05.17 693
360 Real Estate Law 107 2019.05.17 293
359 Real Estate Law 106 2019.05.17 109
358 Real Estate Law 105 2019.05.17 128
357 Real Estate Law 104 2019.05.17 181
» Real Estate Law 103 2019.05.17 120
355 Real Estate Law 102 2019.05.17 216
354 Quiz 14 2019.05.16 9445
353 Chapter 14 Conclusion 2019.05.16 134
352 Real Estate Law 101 2019.05.16 105