Leasing and Property Management Practice Question
Question
A first-time buyer asks for exam-focused clarification involving rent control awareness. Which statement best describes rent control awareness? (Item 104)
Answer choices
- A. It can be ignored if the transaction is expected to close quickly.
- B. It requires the licensee to favor the other party over the licensee’s own client.
- C. It is primarily a tax rule with no effect on brokerage practice.
- D. Recognize that local and state rent rules may affect rental practice.
Correct Answer
D. Recognize that local and state rent rules may affect rental practice.
Explanation
The correct answer is D because rent control awareness requires candidates to recognize that local and state rent rules may affect rental practice. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.
Question details
- Difficulty: medium
- Domain: Leasing and Property Management
- Objective: rent control awareness