Gold Coast Real Estate 2023 Questions and Answers with complete solution

Tract building - CORRECT ANS When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - CORRECT ANS 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 - CORRECT ANS A licensed broker working for another broker False - CORRECT ANS A florida real estate license applicant must be a resident and citizen (true or false) Application Denial - CORRECT ANS You have 21 days to send a formal letter to the department for a hearing if: One - CORRECT ANS How mang brokers can a sales or broker associate work for Post license requirements - CORRECT ANS No grace period Sales associate first renewal - CORRECT ANS No grace period Exempt from licensure - CORRECT ANS Attorney in fact/ Attorney at Law Attorneys at law - CORRECT ANS My perform legal services on behalf ofntheir clients; they may prepare documents, handle closings, and give legal advice. Involuntary inactive - CORRECT ANS 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 - CORRECT ANS A license may remain in involuntary inactive status for no longer than Special Agent - CORRECT ANS 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 - CORRECT ANS 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 - CORRECT ANS A transaction broker provides what kind of representation