Leasing and Property Management Practice Question
Question
An investor is comparing two properties involving rent control awareness. Which statement best describes rent control awareness? (Item 89)
Answer choices
- A. Recognize that local and state rent rules may affect rental practice.
- B. It removes the need for written disclosure if the licensee believes the client already knows.
- C. It can be ignored if the transaction is expected to close quickly.
- D. It requires the licensee to favor the other party over the licensee’s own client.
Correct Answer
A. Recognize that local and state rent rules may affect rental practice.
Explanation
The correct answer is A 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: hard
- Domain: Leasing and Property Management
- Objective: rent control awareness