Chapters 1-4 Star Items Gold Coast Real
Estate Exam Questions and Answers with
Verified Solutions | Latest Updated 2026
Farming Finding and specializing in a particular
neighborhood and neigboorhood or type
of property
MVP stands for Market, Valuation and property transfer
Tract Building Multiple buildingd on a large peice of
land that has divided into lots often using
a "model center" to show case what can
be bougth
When a developer completes Dedication
construction of a new
subdivision,all streets,
electric,water and sewer are
finsihed. What is this process
called?
What does the tearm "farming" Specializing in one geographic area
refer to in real estate?
A sales assosiate who wishes 24 months
to be a broker needs to be
active for atleast how long?
, How long is the brokers pre 72 hrs
licence cource?
Broker Assosiate an applicant for a brokers lisence who
chooses to continue employment as a
sales associate
WHat do u have to disclous? Any criminal convictions including felonys
and misdemeanor and things like DUI
If the application to take the You will be notified in writing and they
state exam gets denied.. have 21 days to request a formal hearing.
Employment by broker? sales associate and brokers associate can
only work for one broker
Employment by an owner- He has to register with a department but
developer does not need a real estate license. They
can hire unliced sales people as long as
they are just paid a salary.
Sales assosiate first renewal No Grace period. no acceptions NONE.
There licence will become void the
licence will be out of buisness.
Attorneys-in-fact People who are granted the authority
under a power of attorney to act for other
in some capacity such as signing
documents
Estate Exam Questions and Answers with
Verified Solutions | Latest Updated 2026
Farming Finding and specializing in a particular
neighborhood and neigboorhood or type
of property
MVP stands for Market, Valuation and property transfer
Tract Building Multiple buildingd on a large peice of
land that has divided into lots often using
a "model center" to show case what can
be bougth
When a developer completes Dedication
construction of a new
subdivision,all streets,
electric,water and sewer are
finsihed. What is this process
called?
What does the tearm "farming" Specializing in one geographic area
refer to in real estate?
A sales assosiate who wishes 24 months
to be a broker needs to be
active for atleast how long?
, How long is the brokers pre 72 hrs
licence cource?
Broker Assosiate an applicant for a brokers lisence who
chooses to continue employment as a
sales associate
WHat do u have to disclous? Any criminal convictions including felonys
and misdemeanor and things like DUI
If the application to take the You will be notified in writing and they
state exam gets denied.. have 21 days to request a formal hearing.
Employment by broker? sales associate and brokers associate can
only work for one broker
Employment by an owner- He has to register with a department but
developer does not need a real estate license. They
can hire unliced sales people as long as
they are just paid a salary.
Sales assosiate first renewal No Grace period. no acceptions NONE.
There licence will become void the
licence will be out of buisness.
Attorneys-in-fact People who are granted the authority
under a power of attorney to act for other
in some capacity such as signing
documents
