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Gold Coast Real Estate Final Exam Study Guide | Questions with 100% Correct Answers | Verified | Latest Update 2026/2027

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Gold Coast Real Estate Final Exam Study Guide | Questions with 100% Correct Answers | Verified | Latest Update 2026/2027

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Gold Coast Real Estate Final Exam Study
Guide | Questions with 100% Correct
Answers | Verified | Latest Update
2026/2027

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Terms in this set (72)



Real Estate Brokerage (Ch. 1) A business in which real estate-related
activities are performed under the
authority of a licensed real estate broker


Farming (Ch. 1) concentrating on one type or style of
property in one particular area of
neighborhood


Property Transfer, Valuation & areas of expert knowledge that are
Marketing (Ch. 1) required for all real estate licensees

,Residential Transaction (Ch. 1) F.S 475
The sale of any improved residential
property of 4 units or fewer.
Unimproved property intended for 4 units
or fewer.
Agricultural properties 10 acres or less


Tract Building (Ch. 1) when a developer acquires a large tract
of land, records a subdivision plat map,
and uses a model center from which sales
may be made


Local Level of Government control planning and zoning, property
(Ch. 1) taxation, building and health code
regulations


also impose a moratorium or temporary
delay for a building project


building permits would be held until the
situations are corrected


Florida Real Estate License the purpose is to protect the public
Law F.S 475 (Ch. 2)


Commission (Ch. 2) Florida Real Estate Commission (FREC)


Department (Ch. 2) Department of Business and Professional
Regulation (DBPR)

, Licensee (Ch. 2) any person that has a permit, registration,
certificate, or license that's issued by the
Department


Sales Associate (Ch. 2) a person who performs real estate
activities while employed by a licensed
real estate broker


Broker (Ch. 2) a person who performs services of real
estate for another and receives
compensation for those services either
directly or indirectly


A sales associate who wishes have been employed under one or more
to a broker must: (Ch. 2) actively licensed brokers for at least 24
months within the previous 5 years


Broker Associate (Ch. 2) an applicant to become a "broker
associate" may chose to continue
employment in a sales associate position
with current employer after passing the
exam but will be registered under a
"broker associate" after passing the exam


an individual who meets the requirements
of a broker but who chooses to work in
real estate under the direction (employ)
of another broker.

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