Gold Coast Real Estate Final
Examination
⏹ Tract building. Answer: When a dev. Acquired land, records a plat
map and uses a model center from which sales may be made
⏹ Local level. Answer: Planning, zoning, property taxation, building
and health codes and regulations, and building moratoriums that affect
development play a significant role in the cost and desirability of real
estate
⏹ Broker associate. Answer: A licensed broker working for another
broker
⏹ False. Answer: A florida real estate license applicant must be a
resident and citizen (true or false)
⏹ Application Denial. Answer: You have 21 days to send a formal letter
to the department for a hearing if:
⏹ One. Answer: How mang brokers can a sales or broker associate work
for
⏹ Post license requirements. Answer: No grace period
,⏹ Sales associate first renewal. Answer: No grace period
⏹ Exempt from licensure. Answer: Attorney in fact/ Attorney at Law
⏹ Attorneys at law. Answer: My perform legal services on behalf
ofntheir clients; they may prepare documents, handle closings, and give
legal advice.
⏹ Involuntary inactive. Answer: An individual who does not request
renewal of their second or subsequent lecense, pay the required fees, or
maintain their continuing education requirements will have their license
placed in
⏹ 2 years. Answer: A license may remain in involuntary inactive status
for no longer than
⏹ Special Agent. Answer: A special agent is authorized under agency
law by the employer to perform a single act. The employment contract
between the employer and agent establishes the limit of authority
granted
⏹ Presenting offers. Answer: A broker has a buty to transmit any and all
offers to the employer including oral offers or offers made without a
binder deposit
⏹ Limited. Answer: A transaction broker provides what kind of
representation
, ⏹ Single agent. Answer: this agency relationship is created when a
broker accepts employment under a single agency agreement. A broker
may represent a seller or buyer , or a landlord or tenant.
⏹ Principal. Answer: In a single agency relationship, the employer
becomes the
⏹ For sale By owner. Answer: Non Representation or (No Brokerage
Relationship can also be called)
⏹ FSBO. Answer: For sale by owner can also be called
⏹ Stationary Construction. Answer: An active broker is required to have
this open which must be registered with the department of Business and
Professional Regulation where Negotiations and the closing of real
estate transactions can be conducted with privacy
⏹ Others. Answer: Licencees should make clear that they are dealing on
their own account and not acting on the behalf of
⏹ Public. Answer: Licencees should make known their status as
licencees to members of the
⏹ Serious negotiations. Answer: This Disclosure should be made prior
to entering into
Examination
⏹ Tract building. Answer: When a dev. Acquired land, records a plat
map and uses a model center from which sales may be made
⏹ Local level. Answer: Planning, zoning, property taxation, building
and health codes and regulations, and building moratoriums that affect
development play a significant role in the cost and desirability of real
estate
⏹ Broker associate. Answer: A licensed broker working for another
broker
⏹ False. Answer: A florida real estate license applicant must be a
resident and citizen (true or false)
⏹ Application Denial. Answer: You have 21 days to send a formal letter
to the department for a hearing if:
⏹ One. Answer: How mang brokers can a sales or broker associate work
for
⏹ Post license requirements. Answer: No grace period
,⏹ Sales associate first renewal. Answer: No grace period
⏹ Exempt from licensure. Answer: Attorney in fact/ Attorney at Law
⏹ Attorneys at law. Answer: My perform legal services on behalf
ofntheir clients; they may prepare documents, handle closings, and give
legal advice.
⏹ Involuntary inactive. Answer: An individual who does not request
renewal of their second or subsequent lecense, pay the required fees, or
maintain their continuing education requirements will have their license
placed in
⏹ 2 years. Answer: A license may remain in involuntary inactive status
for no longer than
⏹ Special Agent. Answer: A special agent is authorized under agency
law by the employer to perform a single act. The employment contract
between the employer and agent establishes the limit of authority
granted
⏹ Presenting offers. Answer: A broker has a buty to transmit any and all
offers to the employer including oral offers or offers made without a
binder deposit
⏹ Limited. Answer: A transaction broker provides what kind of
representation
, ⏹ Single agent. Answer: this agency relationship is created when a
broker accepts employment under a single agency agreement. A broker
may represent a seller or buyer , or a landlord or tenant.
⏹ Principal. Answer: In a single agency relationship, the employer
becomes the
⏹ For sale By owner. Answer: Non Representation or (No Brokerage
Relationship can also be called)
⏹ FSBO. Answer: For sale by owner can also be called
⏹ Stationary Construction. Answer: An active broker is required to have
this open which must be registered with the department of Business and
Professional Regulation where Negotiations and the closing of real
estate transactions can be conducted with privacy
⏹ Others. Answer: Licencees should make clear that they are dealing on
their own account and not acting on the behalf of
⏹ Public. Answer: Licencees should make known their status as
licencees to members of the
⏹ Serious negotiations. Answer: This Disclosure should be made prior
to entering into
