Property Ownership and Land Use Practice Question
Question
An investor is comparing two properties involving private restrictions. Which statement is the most accurate exam answer? (Item 109)
Answer choices
- A. Identify deed restrictions and CC&Rs as private land-use controls.
- 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. It removes the need for written disclosure if the licensee believes the client already knows.
Correct Answer
A. Identify deed restrictions and CC&Rs as private land-use controls.
Explanation
The correct answer is A because private restrictions requires candidates to identify deed restrictions and CC&Rs as private land-use controls. 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: Property Ownership and Land Use
- Objective: private restrictions