©THESTAR 2024/2025 ALL RIGHTS RESERVED 11:04PM.
Gold Coast 45 Hour Exam Questions And
Answers 2025 Update.
Property managers who are employed and compensated by community associations are
required to obtain and maintain which type of license?
CAM
What term is used for the practice of specializing in one particular residential neighborhood or
type of property?
Farming
empty
upon closing a sales transaction who pays the sales associate their contracted commission?
Employing Broker
Home sold for $250k with a garage, a home sold in the area for $230k with no garage. From this
information what can you determine the approximate value of the garage is?
$20000
empty
which source will most likely produce the greatest # of potential buyers for a listing?
Putting your listing on the MLS
empty
empty
The NAR code of ethics specifies duties of real-estate professionals according to ethical
standard of conduct. All of the following except?
Duties
empty
empty
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1
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 11:04PM.
What is primary purpose of building code regulations?
to protect public health, safety and general welfare
which auction system is involved with the enforcement of liens due to borrower default?
Courthouse Auction
Which type of listing allows an owner to list his or her property with more than one broker?
Open Listing
Which investment term refers to an asset that cannot be sold quickly without lowering the
price?
illiquid
empty
Which home staging and prep tip is suggested to help make home more appealing?
Brighten room, cleaning window & turning on lights
What does a "double entry" refer to on a closing disclosure statement?
Expenses between two parties to the transaction, with no third party involved.
What are the benefits of using a VA loan in a transaction?
little to no money down and low interest rates
What type of brokerage business specializes in selling or leasing income-producing properties
such as malls, offices, restaurants, gas stations, and office towers?
Commercial Brokerage
empty
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Which of the following statement best describes the practice of steering?
Is the practice of directing homebuyers toward or away from homes in certain neighborhoods
or in a multiunit building in order to preserve or alter the makeup of that neighborhood with
respect to race, religion, sex, or national origin.
It is important to qualify a seller by asking questions to understand there motive and
expectations. All of the following would be good questions except?
Which is always actually paid by a buyer?
empty
A pool cost $25,000 to install on a property, but only adds $15,000 to the appraised value of the
p[roperty. This is an example of which appraisal principle?
2
Gold Coast 45 Hour Exam Questions And
Answers 2025 Update.
Property managers who are employed and compensated by community associations are
required to obtain and maintain which type of license?
CAM
What term is used for the practice of specializing in one particular residential neighborhood or
type of property?
Farming
empty
upon closing a sales transaction who pays the sales associate their contracted commission?
Employing Broker
Home sold for $250k with a garage, a home sold in the area for $230k with no garage. From this
information what can you determine the approximate value of the garage is?
$20000
empty
which source will most likely produce the greatest # of potential buyers for a listing?
Putting your listing on the MLS
empty
empty
The NAR code of ethics specifies duties of real-estate professionals according to ethical
standard of conduct. All of the following except?
Duties
empty
empty
AD
1
, ©THESTAR 2024/2025 ALL RIGHTS RESERVED 11:04PM.
What is primary purpose of building code regulations?
to protect public health, safety and general welfare
which auction system is involved with the enforcement of liens due to borrower default?
Courthouse Auction
Which type of listing allows an owner to list his or her property with more than one broker?
Open Listing
Which investment term refers to an asset that cannot be sold quickly without lowering the
price?
illiquid
empty
Which home staging and prep tip is suggested to help make home more appealing?
Brighten room, cleaning window & turning on lights
What does a "double entry" refer to on a closing disclosure statement?
Expenses between two parties to the transaction, with no third party involved.
What are the benefits of using a VA loan in a transaction?
little to no money down and low interest rates
What type of brokerage business specializes in selling or leasing income-producing properties
such as malls, offices, restaurants, gas stations, and office towers?
Commercial Brokerage
empty
AD
Which of the following statement best describes the practice of steering?
Is the practice of directing homebuyers toward or away from homes in certain neighborhoods
or in a multiunit building in order to preserve or alter the makeup of that neighborhood with
respect to race, religion, sex, or national origin.
It is important to qualify a seller by asking questions to understand there motive and
expectations. All of the following would be good questions except?
Which is always actually paid by a buyer?
empty
A pool cost $25,000 to install on a property, but only adds $15,000 to the appraised value of the
p[roperty. This is an example of which appraisal principle?
2
