California Real Estate Paper 56

1

What is the first tax installment on a property whose assessed value is $180,000, assuming the property is eligible for a homeowner’s exemption?






2

Commingling is






3

How long may a deposit generally be held before an offer is accepted before it must be deposited in the broker’s trust fund?






4

Which of the following is not an exemption under the federal fair housing laws?






5

If a local city passes a law prohibiting discrimination on the basis of sexual orientation, it is






6

A real estate broker advertised a mobile home for sale that was located on a privately owned piece of property that has six months remaining on a oneyear lease. Which of the following is correct?






7

An ad that does not state the name of the brokerage representing the seller is called






8

Assuming a transaction closes, what is the earliest date a broker can discard the records of that transaction?






9

An employment agreement between a salesperson and a broker would cover






10

An unlicensed assistant is permitted to assist a salesperson or a broker with






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