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COLIBRI REAL ESTATE CA Salesperson READINESS ASSESSMENT GUIDE Q & S 2026/2027
1. When considering land use controls, which entity is typically
responsible for zoning ordinances?
a) State government
b) Local municipalities
c) Federal government
d) Homeowners associations
Correct Answer: b) Local municipalities
2. In California, a real estate agent's fiduciary duty to their client
includes all of the following EXCEPT:
a) Confidentiality
b) Disclosure
c) Accounting
d) Providing legal advice
Correct Answer: d) Providing legal advice
3. Which appraisal method estimates the value of a property by
comparing it to similar properties with known sale prices?
a) Income approach
© 2026/2027
b) Cost approach
c) Sales comparison approach
d) Investment method
Correct Answer: c) Sales comparison approach
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