• Homepage

Real Estate Law 103

admin 2019.05.17 18:07 Views : 171

  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.
I want to
Update Delete List
No. Subject Author Date Views
Notice 부동산 용어사전 admin 2019.04.15 2600
Notice 부동산 용어 (A to Z) admin 2019.03.03 1914
345 Property taxes in California admin 2019.05.22 198
344 Equitable title admin 2019.05.22 164
343 disinterested person admin 2019.05.22 177
342 void contract admin 2019.05.22 164
341 requirement be restored admin 2019.05.22 202
340 discriminate admin 2019.05.22 204
339 culmination admin 2019.05.22 214
338 Exclusive agency vs Exclusive right to sell admin 2019.05.22 276
337 ground floor handicapped accessible admin 2019.05.22 607
336 violation of the Federal Fair Housing Act admin 2019.05.22 330
335 Valuable consideration admin 2019.05.22 254
334 quiet title admin 2019.05.22 239
333 Subrogation admin 2019.05.22 330
332 Quiz 15 admin 2019.05.17 8667
331 Chapter 15 Conclusion admin 2019.05.17 711
330 Real Estate Law 107 admin 2019.05.17 345
329 Real Estate Law 106 admin 2019.05.17 162
328 Real Estate Law 105 admin 2019.05.17 170
327 Real Estate Law 104 admin 2019.05.17 225
» Real Estate Law 103 admin 2019.05.17 171
Write Tag