GOLD COAST ACTUAL PAPER SOLVED
QUESTIONS
◉ One mile is how many feet
Answer: 5280 feet
◉ Plat or recorded plat is also known as
Answer: Lot and block
◉ 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.
◉ Township
Answer: Is 6 mikes sq and contains 36 square miles.
◉ MLS (Multiple Listing Service)
Answer: Marketing tool for licensees
◉ Residential sales
,Answer: The sale of improved residential property of 4 or less
units, the sale of unimproved residential property intended for
use as 4 or less, or the sale of agricultural property of 10 or fewer
acres.
◉ Tract building
Answer: 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.
◉ moratorium
Answer: a suspension of activity; an authorized delay of building
project
◉ Florida real estate license law
Answer: To protect public
◉ Leasing
Answer: For commercial properties
◉ Renting
Answer: For residential properties
◉ Sales associate that wants to be broker
Answer: Needs to actively licensed 24 months within 5 years
, ◉ 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.
◉ Florida rea estate license
Answer: Does not require to be resident of state or be a citizen of
united states
◉ Background questions
Answer: Must discolse any convictions
◉ What 5 things happens when application denial
Answer: Denied by department, notified by writing, 21 days from
reciept, request formal , attend before administrative hearing
◉ Law 475
Answer: Law requires sales associate or broker associate to be
employed as an agent of either a broker or owner developer not
both
◉ Owner-developer
Answer: Must register with department but does not receive real
estate license
QUESTIONS
◉ One mile is how many feet
Answer: 5280 feet
◉ Plat or recorded plat is also known as
Answer: Lot and block
◉ 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.
◉ Township
Answer: Is 6 mikes sq and contains 36 square miles.
◉ MLS (Multiple Listing Service)
Answer: Marketing tool for licensees
◉ Residential sales
,Answer: The sale of improved residential property of 4 or less
units, the sale of unimproved residential property intended for
use as 4 or less, or the sale of agricultural property of 10 or fewer
acres.
◉ Tract building
Answer: 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.
◉ moratorium
Answer: a suspension of activity; an authorized delay of building
project
◉ Florida real estate license law
Answer: To protect public
◉ Leasing
Answer: For commercial properties
◉ Renting
Answer: For residential properties
◉ Sales associate that wants to be broker
Answer: Needs to actively licensed 24 months within 5 years
, ◉ 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.
◉ Florida rea estate license
Answer: Does not require to be resident of state or be a citizen of
united states
◉ Background questions
Answer: Must discolse any convictions
◉ What 5 things happens when application denial
Answer: Denied by department, notified by writing, 21 days from
reciept, request formal , attend before administrative hearing
◉ Law 475
Answer: Law requires sales associate or broker associate to be
employed as an agent of either a broker or owner developer not
both
◉ Owner-developer
Answer: Must register with department but does not receive real
estate license
