Gold Coast real estate 63 hour course
EXAM, comprehensive questions Merged
With Correct Verified And Well Analyzed
Solutions || Already Graded A+ || 2020-
2027 Latest Update!!!
Account which cannot conmingle funds - ANSWER-Escrow account
accretion - ANSWER-Increase of land by water...opposite of erosion
Active licensed broker - ANSWER-Limited partnership with at least one
general partner that is a licensed broker
Adverse Possession - ANSWER-A person takes possession & use of a
property belonging to another. Possession must be open, notorious,
hostile & uninterrupted for a certain period of time.
Advertising - ANSWER-Must include the registered name or trade
name of the brokerage firm- broker responsible for content
Americans with Disabilities Act (ADA) - ANSWER-
Assessor's parcel number (APN) is - ANSWER-A number that is
assigned to a parcel of real property by a county property assessor to
uniquely identify that property within the jurisdiction.
, Attorneys-in-fact - ANSWER-persons who are granted authority under
a power of attorney to act for others in some capacity, such as signing
a document.
Background questions - ANSWER-Must disclose any convictions
Blind ads - ANSWER-Illegal advertisements that does not contain
registered / trade name of broker
Blockbusting - ANSWER-Telling an owner to list or sale because of
neighborhood decline
Example-influx of minority persons
Branch office requirements - ANSWER-Must be registered individually
as branch office with fee paid
$2100- per office
Broker Associate - ANSWER-A person who holds a broker's license but
chooses to register and work in real estate under the direction of
another broker.
Broker’s license suspended or revoked - ANSWER-All employed
automatically inactive
Bundle of Rights - ANSWER-possession, control, enjoyment,
Concealment - ANSWER-Broker fails to disclose information to party
Condemnation Proceeding - ANSWER-A legal procedure by which a
government body seeks a court's permission to seize private property
by eminent domain
Constructive Notice - ANSWER-What kind of notice if documents are
recorded
EXAM, comprehensive questions Merged
With Correct Verified And Well Analyzed
Solutions || Already Graded A+ || 2020-
2027 Latest Update!!!
Account which cannot conmingle funds - ANSWER-Escrow account
accretion - ANSWER-Increase of land by water...opposite of erosion
Active licensed broker - ANSWER-Limited partnership with at least one
general partner that is a licensed broker
Adverse Possession - ANSWER-A person takes possession & use of a
property belonging to another. Possession must be open, notorious,
hostile & uninterrupted for a certain period of time.
Advertising - ANSWER-Must include the registered name or trade
name of the brokerage firm- broker responsible for content
Americans with Disabilities Act (ADA) - ANSWER-
Assessor's parcel number (APN) is - ANSWER-A number that is
assigned to a parcel of real property by a county property assessor to
uniquely identify that property within the jurisdiction.
, Attorneys-in-fact - ANSWER-persons who are granted authority under
a power of attorney to act for others in some capacity, such as signing
a document.
Background questions - ANSWER-Must disclose any convictions
Blind ads - ANSWER-Illegal advertisements that does not contain
registered / trade name of broker
Blockbusting - ANSWER-Telling an owner to list or sale because of
neighborhood decline
Example-influx of minority persons
Branch office requirements - ANSWER-Must be registered individually
as branch office with fee paid
$2100- per office
Broker Associate - ANSWER-A person who holds a broker's license but
chooses to register and work in real estate under the direction of
another broker.
Broker’s license suspended or revoked - ANSWER-All employed
automatically inactive
Bundle of Rights - ANSWER-possession, control, enjoyment,
Concealment - ANSWER-Broker fails to disclose information to party
Condemnation Proceeding - ANSWER-A legal procedure by which a
government body seeks a court's permission to seize private property
by eminent domain
Constructive Notice - ANSWER-What kind of notice if documents are
recorded
