GOLD COAST EXAMINATION TEST
COMPLETE QUESTIONS AND SOLUTIONS
●● Local level
Answer: Planning, zoning, property taxation, building and health codes
and regulations, and building moratoriums that affect development play
a significant role in the cost and desirability of real estate
●● Broker associate
Answer: A licensed broker working for another broker
●● False
Answer: A florida real estate license applicant must be a resident and
citizen (true or false)
●● Application Denial
Answer: You have 21 days to send a formal letter to the department for a
hearing if:
●● One
Answer: How mang brokers can a sales or broker associate work for
●● Post license requirements
,Answer: No grace period
●● Sales associate first renewal
Answer: No grace period
●● Exempt from licensure
Answer: Attorney in fact/ Attorney at Law
●● Attorneys at law
Answer: My perform legal services on behalf ofntheir clients; they may
prepare documents, handle closings, and give legal advice.
●● Involuntary inactive
Answer: An individual who does not request renewal of their second or
subsequent lecense, pay the required fees, or maintain their continuing
education requirements will have their license placed in
●● 2 years
Answer: A license may remain in involuntary inactive status for no
longer than
●● Special Agent
, Answer: A special agent is authorized under agency law by the employer
to perform a single act. The employment contract between the employer
and agent establishes the limit of authority granted
●● Presenting offers
Answer: A broker has a buty to transmit any and all offers to the
employer including oral offers or offers made without a binder deposit
●● Limited
Answer: A transaction broker provides what kind of representation
●● Single agent
Answer: this agency relationship is created when a broker accepts
employment under a single agency agreement. A broker may represent a
seller or buyer , or a landlord or tenant.
●● Principal
Answer: In a single agency relationship, the employer becomes the
●● For sale By owner
Answer: Non Representation or (No Brokerage Relationship can also be
called)
●● FSBO
COMPLETE QUESTIONS AND SOLUTIONS
●● Local level
Answer: Planning, zoning, property taxation, building and health codes
and regulations, and building moratoriums that affect development play
a significant role in the cost and desirability of real estate
●● Broker associate
Answer: A licensed broker working for another broker
●● False
Answer: A florida real estate license applicant must be a resident and
citizen (true or false)
●● Application Denial
Answer: You have 21 days to send a formal letter to the department for a
hearing if:
●● One
Answer: How mang brokers can a sales or broker associate work for
●● Post license requirements
,Answer: No grace period
●● Sales associate first renewal
Answer: No grace period
●● Exempt from licensure
Answer: Attorney in fact/ Attorney at Law
●● Attorneys at law
Answer: My perform legal services on behalf ofntheir clients; they may
prepare documents, handle closings, and give legal advice.
●● Involuntary inactive
Answer: An individual who does not request renewal of their second or
subsequent lecense, pay the required fees, or maintain their continuing
education requirements will have their license placed in
●● 2 years
Answer: A license may remain in involuntary inactive status for no
longer than
●● Special Agent
, Answer: A special agent is authorized under agency law by the employer
to perform a single act. The employment contract between the employer
and agent establishes the limit of authority granted
●● Presenting offers
Answer: A broker has a buty to transmit any and all offers to the
employer including oral offers or offers made without a binder deposit
●● Limited
Answer: A transaction broker provides what kind of representation
●● Single agent
Answer: this agency relationship is created when a broker accepts
employment under a single agency agreement. A broker may represent a
seller or buyer , or a landlord or tenant.
●● Principal
Answer: In a single agency relationship, the employer becomes the
●● For sale By owner
Answer: Non Representation or (No Brokerage Relationship can also be
called)
●● FSBO
