Property Ownership and Land Use Practice Question

Question

A buyer and seller disagree about a transaction term involving variance. What should a California real estate licensee understand? (Item 132)

Answer choices

  1. A. It is valid only when the buyer pays cash and no lender is involved.
  2. B. It prevents any later disclosure, even when new facts become known.
  3. C. It applies only to commercial property and never to residential transactions.
  4. D. Recognize relief from zoning rules due to property-specific hardship.

Correct Answer

D. Recognize relief from zoning rules due to property-specific hardship.

Explanation

The correct answer is D because variance requires candidates to recognize relief from zoning rules due to property-specific hardship. 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: Property Ownership and Land Use
  • Objective: variance

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