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10 Cards in this Set
- Front
- Back
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Salesperson Jackson and Salesperson Robinson work for the same broker, Stellar Properties. They've both worked closely with a particular buyer. When that buyer finally purchases a house, Stellar Properties receives the selling broker's share of the commission and pays Jackson half of it. Jackson then gives half of the share of the commission to Robinson. This is: |
Two salespersons working for the same broker may split a commission, but the commission split must be handled by their broker. A salesperson can only receive a commission through her broker |
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Violations of the Rumford Act are investigated by the: |
Under the Rumford Act, also known as the Fair Employment and Housing Act, housing discrimination complaints are investigated by the Department of Fair Employment and Housing |
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Which of the following is not an example of illegal steering? |
An agent can legitimately bring properties that are especially suited to the needs of a disabled buyer to the buyer's attention |
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Your advertising for residential properties should always include: |
Regardless of what type of advertising you use to market a home, it should always include the Equal Housing Opportunity logo or slogan |
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Which of the following actions is most likely to be considered discriminatory? |
Advertising can be considered discriminatory if it appears only in a publication directed toward the minority neighborhood where the property is located. the advertising should also appear where it will be seen by a broader spectrum of the population |
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Which of the following is an example of price fixing? |
Any communication between competing brokers about prices could be considered an invitation to engage in price fixing, even if the brokers don't explicitly decide to cooperate in fixing prices |
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Which law requires an environmental impact report (EIR) for projects that may have a significant effect on the environment? |
The California Environmental Quality Act (CEQA) requires an EIR for projects that may have a significant effect on the environment |
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Which law requires developers to obtain a permit from the U.S. Army Corps of Engineers? |
The Clean Water Act makes it illegal for a private landowner to fill or drain wetlands without a permit from the U.S. Army Corps of Engineers |
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Urea formaldehyde is found: |
Urea formaldehyde is found in the adhesives used in some pressed wood building materials |
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As a real estate agent, what is your responsibility with respect to environment issues? |
If there are environmental issues concerning a property, you should always recommend that your clients seek expert advice from an environmental engineer or attorney |
