GOLD COAST ALL CHAPTER FINAL EXAM ACTUAL
QUESTIONS AND CORRECT ANSWERS
Acts as an agent or intermediary between two or more The Broker
people in the negotiation of the sale, purchase, or
rental of real estate
many licensees will concentrate on one type or style of Farming
property or on one particular neighborhood, a practice
called
Finding and specializing in a particular neighborhood Farm area or Target market
or type of property is referred to as
Residential sales or rentals can provide a rewarding new or experienced real estate professionals
career for
The overwhelming majority of real estate licensees are involved in Residential brokerage
According to [F.S. 475.278(5)(a)], a residential The sale of any improved residential property of four units or fewer,
transaction is defined as Unimproved property intended for four units or fewer, agricultural properties
of ten acres or less
The sale of any improved residential property of four units or fewer
unimproved property intended for four units or fewer
agricultural properties of ten acres or less
when a developer acquires a large tract of land records Tract Building
a subdivision plat map, and uses a model center from
which sales may be made
planning and zoning, property taxation, building and Local Level
health code regulations, are controlled by local
governments.
local bodies can impose a temporary delay for a Moratorium
building project also known as a
Florida real estate license law, F.S 475, is to Protect the public
if a leasing is longer than 12 months A realtor cannot do it
, "A BAR SALE" - Appraising
- Buying
- Auctioning
- Renting
- Selling
- Advertising
- Leasing
- Exchanging
someone who performs services of real estate as an A Broker
agent for another and receives compensation for those
services directly or indirectly
sales associates and broker associates receive their Employing Broker
compensation from their
A licensed sales associate who wishes to apply to be a At least 24 months within the preceding five years before becoming eligible
broker must have been employed under one or more
actively licensed brokers for
An applicant for a broker license may choose to Broker associate
continue employment in a sales associate capacity with
a current employer subsequent to passing the state
broker examination
an applicant for a Florida real estate license is not Resident or citizen of the united states
required to be a
An application to take the state exam is denied when its denied by the department, then the applicant will be notified in writing. The
notification will identify the reasons for denial and advise the applicant that
they have 21 days from the date of receipt to request a formal hearing before
an administrative law judge in accordance with the Administrative Procedure
Act
when employed by and licensed under a broker a sales associate or broker associate acts as the brokers agent in performing
services of real estate
a sales associate or broker associate can only work for one broker at a time
Brokers are registered and licensed with the department
an individual or entity who is in the business of buying, An Owner-Developer
owning and/or developing real estate
The Owner-Developer must register with the department but does not receive a real estate license
A sales associate must complete a 45-hour post-license sales associate first renewal
course prior to the expiration date of their initial license
period
The license of a sales associate who fails to complete void and the licensee will be out of business
their sales associate first renewal requirement will
become
QUESTIONS AND CORRECT ANSWERS
Acts as an agent or intermediary between two or more The Broker
people in the negotiation of the sale, purchase, or
rental of real estate
many licensees will concentrate on one type or style of Farming
property or on one particular neighborhood, a practice
called
Finding and specializing in a particular neighborhood Farm area or Target market
or type of property is referred to as
Residential sales or rentals can provide a rewarding new or experienced real estate professionals
career for
The overwhelming majority of real estate licensees are involved in Residential brokerage
According to [F.S. 475.278(5)(a)], a residential The sale of any improved residential property of four units or fewer,
transaction is defined as Unimproved property intended for four units or fewer, agricultural properties
of ten acres or less
The sale of any improved residential property of four units or fewer
unimproved property intended for four units or fewer
agricultural properties of ten acres or less
when a developer acquires a large tract of land records Tract Building
a subdivision plat map, and uses a model center from
which sales may be made
planning and zoning, property taxation, building and Local Level
health code regulations, are controlled by local
governments.
local bodies can impose a temporary delay for a Moratorium
building project also known as a
Florida real estate license law, F.S 475, is to Protect the public
if a leasing is longer than 12 months A realtor cannot do it
, "A BAR SALE" - Appraising
- Buying
- Auctioning
- Renting
- Selling
- Advertising
- Leasing
- Exchanging
someone who performs services of real estate as an A Broker
agent for another and receives compensation for those
services directly or indirectly
sales associates and broker associates receive their Employing Broker
compensation from their
A licensed sales associate who wishes to apply to be a At least 24 months within the preceding five years before becoming eligible
broker must have been employed under one or more
actively licensed brokers for
An applicant for a broker license may choose to Broker associate
continue employment in a sales associate capacity with
a current employer subsequent to passing the state
broker examination
an applicant for a Florida real estate license is not Resident or citizen of the united states
required to be a
An application to take the state exam is denied when its denied by the department, then the applicant will be notified in writing. The
notification will identify the reasons for denial and advise the applicant that
they have 21 days from the date of receipt to request a formal hearing before
an administrative law judge in accordance with the Administrative Procedure
Act
when employed by and licensed under a broker a sales associate or broker associate acts as the brokers agent in performing
services of real estate
a sales associate or broker associate can only work for one broker at a time
Brokers are registered and licensed with the department
an individual or entity who is in the business of buying, An Owner-Developer
owning and/or developing real estate
The Owner-Developer must register with the department but does not receive a real estate license
A sales associate must complete a 45-hour post-license sales associate first renewal
course prior to the expiration date of their initial license
period
The license of a sales associate who fails to complete void and the licensee will be out of business
their sales associate first renewal requirement will
become
