Leasing and Property Management Practice Question

Question

An investor is comparing two properties involving maintenance responsibility. Which response best protects the client and keeps the transaction compliant? (Item 42)

Answer choices

  1. A. It is valid only when the buyer pays cash and no lender is involved.
  2. B. Distinguish emergency repair, routine maintenance, and owner authorization.
  3. C. It prevents any later disclosure, even when new facts become known.
  4. D. It applies only to commercial property and never to residential transactions.

Correct Answer

B. Distinguish emergency repair, routine maintenance, and owner authorization.

Explanation

The correct answer is B because maintenance responsibility requires candidates to distinguish emergency repair, routine maintenance, and owner authorization. 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: easy
  • Domain: Leasing and Property Management
  • Objective: maintenance responsibility

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