Questions and Answers 100% Correct| ASSURED SUCCESS !!
The Florida Realtors®/Florida Bar Residential Contract for Sale
and Purchase is
best for - ANSWER -a
residential sale.
It is a bad idea for sales associates to - ANSWER -
personally perform the
preclosing walk-through inspection to be certain all items are
in working order.
If the seller defaults, and the contract was written using the
Florida
Realtors®/Florida Bar Residential Contract for Sale and
Purchase, the buyer - ANSWER -may get the binder back and
cancel the contract
Which is correct about real estate licensees who prepare
an appraisal? -
ANSWER -The appraisal cannot be used by a bank for
a new loan.
,A property sold for $149,300. How much must be paid for the
documentary stamp
taxes on the deed? - ANSWER -
$1,045.10
When at least 80% of units in a complex have at least one occupant
who is at least
55 years of age, - ANSWER -the owners can advertise it as
"adults only."
Which is NOT a requirement for a successful listing
presentation? - ANSWER -
Must be younger than 60
years old
Which is an operating expense of an income property? - ANSWER
-Management
fee
A person who has an immediate need to buy is called -
ANSWER -a Priority 1
buyer.
, When you talk with a for sale by owner about her property, your
principal objective
should be to - ANSWER -make an
appointment.
The Civil Rights Act of 1866 prohibits discrimination based on -
ANSWER -race.
The sphere of influence is NOT - ANSWER -a farm area
Hearing, understanding, and evaluation are part of what
type of skill set? -
ANSWER -
Listening
A show list consists of - ANSWER -apartments that are currently
available for rent
and in excellent
condition.
A sales associate who asks a prospective buyer, "How many
bedrooms do you
need in the house?" is - ANSWER -qualifying the buyer's
housing objectives.