Gold Coast Final Exam 2024/2025

Gold Coast Final Exam 2024/2025 What is the form you sign that says you will pay the loan back ? - answer-promissory note What is the post licensing grace period after first expiration ? - answer-none Deposits is a form of... - answer-valuable consideration Physical land and improvements - answer-real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both - answer-Yes What is the maximum fine per offense ? - answer-$5,000 per fine Out of state broker sends a customer, and had no part in the transaction and requests a referral fee, should he expect a commission ? - answer-yes. How many acres in one quarter of a section ? - answer-160 What do you do when there is conflict in who escrow goes to - answer-notify FREC When do you NOT have to notify FREC about conflict of escrow ? - answer-contingent on the contract T/F Grantee and Grantor has to sign the deed - answer-False