Practice & ContractsCâu 111 / 120
A property manager who collects rents and leases units for owners in California generally must:
a.Be a licensed appraiser
b.Hold a contractor's license
c.Hold a real estate license or work under a licensed broker
d.Register with the IRS only
Giải thích
Leasing property and collecting rents for others for compensation are licensed real estate activities in California, so a property manager generally must be a licensee or work under a broker. Resident managers of apartment buildings are a limited exception. Property management agreements should be in writing.
Trích dẫn luật: CA Business & Professions CodeLuyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An investor buys a property for $250,000 and sells it for $300,000. The percentage of profit based on cost is:
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- A broker who holds client trust funds must generally deposit them into a neutral escrow depository or a trust account no later than:
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- Which of the following is an essential element of a valid contract?
- An option contract in real estate gives the optionee the:
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Đội Ngũ Biên Tập PrepPass · Đối chiếu với California DRE Real Estate Salesperson License Exam · Quy trình kiểm tra