GOLD COAST ALL CHAPTERS FINAL EXAM 3 ACTUAL EXAM 3 REAL QUESTIONS AND CORRECT ANSWERS (100% CORRECT ANSWERS) LATEST UPDATED VERSION

GOLD COAST 2023 u u u




PRACTICE EXAMS QUESTIONS AND ANSWERS
u u u u




"Homeownersuwhoufileuitemizedutaxureturnsuareuallowedudeductionsuforuwhichuofutheufollowinguitems?
A.uRealuestateutaxesuandurepairsu
B.uHazarduinsuranceuandudepreciationu
C.uRealuestateutaxesuandumortgageuinterest
D.uMortgageuinterestuanduutilitiesu-uCorrectuAnsweruC.uRealuestateutaxesuandumortgageuinterest"

"Fixeduexpensesutypicallyuincludeuwhichuofutheufollowing?
A.uRealuestateutaxesuanduhazarduinsuranceu
B.uManagementufeesuandudepreciationu
C.uUtilitiesuandurepairs
D.uMortgageupaymentsuanduincomeutaxesu-uCorrectuAnsweruA.uRealuestateutaxesuanduhazarduinsurance"

"Whatuisutheuformulautoudetermineutheuloan-to-valueuratio?
A.uLoanumultipliedubyuvalue
B.uValueudividedubyuloanu
C.uLoanudividedubyuvalueu
D.uLoanusubtractedufromuvalueu-uCorrectuAnsweruC.uLoanudividedubyuvalue"

"Whatuisutheurationaleubehindugovernmentuplanninguofurealuestateudevelopment?
A.uToumanageufutureurealuestateugrowth
B.uTouencourageumoreulandscapingu
C.uToulimitucommercialuareas
D.uToumaintainutheucharacteruofutheucommunityu-
uCorrectuAnsweruA.uToumanageufutureurealuestateugrowth"




"InuFloridauwhichuentityuisuprimarilyuresponsibleuforuestablishinguanduimplementingutheuroles,uprocesses,u
andupowersuofucomprehensiveuplanninguandufutureudevelopment?
A.uFlorida'sugovernoru
B.uLocalugovernmentuanduplanninguagencies
C.uRegionaluplanningucouncilsu
D.uStateucomprehensiveuplanninguadministratorsuunderutheuFloridaudepartmentuofueconomicuopportunity
u-uCorrectuAnsweruB.uLocalugovernmentuanduplanninguagencies"




"Whichustatementubestudescribesutheumasteruplan?
A.uItumustubeuinflexible
B.uItuisupreparedubyutheustateulegislatoru
C.uItustopsugrowth

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,D.uItuservesuasuauguideuforuanuarea'sufutureugrowthu-
uCorrectuAnsweruD.uItuservesuasuauguideuforuanuarea'sufutureugrowth"




"Aurealuestateulicenseeuattemptsutouinduceuseller'sutoulistuandusellutheirupropertiesubyustartingurumorsuthatu
minoritiesuareutakinguoverutheuneighborhood.uWhatucouldutheulicenseeubeuchargeduwith?
A.uSteering
B.uBlockbustingu
C.uRedlining
D.uChannelingu-uCorrectuAnsweruB.uBlockbusting"

"TheuFairuHousinguActuofu1968uprohibitsudiscriminationubaseduonuwhichuofutheufollowing?
A.uAge
B.uMaritalustatus
C.uOccupation
D.uNationaluoriginu-uCorrectuAnsweruD.uNationaluorigin"

"Whichuofutheufollowinguwoulduauchurchuneeduinuorderutoubuilduinuauresidentialuneighborhood?
A.uPublicuzoningupermit
B.uSpecialuexception
C.uVariance
D.uNonconforminguuseupermitu-uCorrectuAnsweruB.uSpecialuexception"

"Whatuisutheupurposeuofutheuzoninguboarduofuadjustment?
A.uTousettleumonetaryuclaimsubyupropertyuownersu
B.uTougrantuvariancesuanduspecialuexceptions
C.uToudeveloputheucomprehensiveuplanu
D.uToudetermineuinfrastructureurequirementsu-
uCorrectuAnsweruB.uTougrantuvariancesuanduspecialuexceptions"




"Whichutermuisuusedutoudescribeuaupropertyuuseuthatupredatesutheucurrentuzoninguordinanceubutuisuallowe
dutouexistuforuatuleastuauperioduofutime?
A.uLegallyuconforming
B.uProgressive
C.uLegallyunonconforming
D.uCapitalizedu-uCorrectuAnsweruC.uLegallyunonconforming"

"WhichustatementuwhichubestudescribesuauPlanneduUnituDevelopmentu(PUD)?
A.uAuPUDuoffersufeweruamenitiesuthanuareupossibleuwithumoreutraditionaluformsuofuzoning
B.uAuPUDuimpactsutheuenvironmentutouaugreaterudegreeuthanumostuzoninguclassificationsu
C.uAuPUDuprohibitsutheuuseuofuzeroulotulineudevelopment
D.uAuPUDuisualsoucalleduclusteruzoningu-uCorrectuAnsweruC.uAuPUDuisualsoucalleduclusteruzoning"

"WhichustatementuisucorrectuwithurespectutouauDevelopmentuofuRegionaluImpactu(DRI)?


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,A.uAuDRIuisudefineduasuanyudevelopmentuthatusubstantiallyuaffectsuhealth,usafety,uoruwelfareuofutheucitizen
suofumoreuthanuoneucounty
B.uTheustateuofuFloridauasunouauthorityuconcerninguguidelinesuforudevelopmentuorureviewuofuaudevelopme
ntsuofuregionaluimpact
C.uTheureviewuprocessuforuaunewuDRIuisuconcerneduonlyuwithuresidentialuconstructionu
D.uTheufederalugovernmentuhasunouinfluenceuonulocaludevelopmentu-
uCorrectuAnsweruA.uAuDRIuisudefineduasuanyudevelopmentuthatusubstantiallyuaffectsuhealth,usafetyuoruwel

fareuofucitizensuofumoreuthanuoneucounty"

"AdequateuinfrastructureuavailableutousupportugrowthuandudevelopmentuwasumandatedubyuFlorida'suGro
wthuManagementuActuanduisuspecifieduinuwhichuofutheufollowing?
A.uDRIureviews
B.uConcurrencyurules
C.uCountyuzoninguordinances
D.uLocalubuildingucodesu-uCorrectuAnsweruB.uConcurrencyurules"

"Whatuisutheucategoryuofuaubusinessuthatumeetsupayrolluexpenseubyuusingudollarsuaugeneratedubyupersonsu
whouliveuinutheuimmediateuvicinity?u
A.uService
B.uBasic
C.uExport
D.uRegenerativeu-uCorrectuAnsweruA.uService"

"Whichuofutheufollowinguwouldubeuconsidereduaubasicuindustryuwhenuperforminguanueconomicubaseuanaly
sis.
A.uFloristushop
B.uFireustationu
C.uUniversity
D.uMovieutheatreu-uCorrectuAnsweruC.uUniversity"

"WithuregardutouresidentialupropertiesulocateduwithinuauflooduhazarduZoneuV,uwhichustatementuisucorrect?
A.uBase-elevationurequirementsucanubeuachievedubyuusingufilludirt
B.uTheustructureuuseubeuonuelevateduconstruction
C.uFlooduinsuranceuisualwaysurequired
D.uThereuisuau1uinu500upercentuprobabilityuofuauflooduinuanyugivenuyearu-
uCorrectuAnsweruB.uTheustructureumustubeuonuelevateduconstruction"




"Whichustandarduoruprocessuestablishesutheuminimumustandardsuforudesignuanduconstructionuofubuildings
uorustructures?

A.uComprehensiveuplanning
D.uDRIureviews
C.uZoning
D.uBuildingucodesu-uCorrectuAnsweruD.uBuildingucodes"


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, "Touwhichuorganizationuisurealuestateutaxumostuimportant?
A.uTheufederalugovernment
B.uTheustateugovernment
C.uTheulocalugovernment
D.uLocalunonprofituorganizationsu-uCorrectuAnsweruC.uTheulocalugovernment"

"Whatudoesutheucountyupropertyuappraiserudetermine?
A.uTaxurate
B.uMarketuvalue
C.uAssesseduvalue
D.uJustuvalueu-uCorrectuAnsweruC.uAssesseduvalue"

"WhatudiscountupercentageuisugivenutoupropertyuownersuwhoupayutheirurealuestateutaxubilluinuNovember?
A.u1%
B.u2%
C.u3%
D.u4%u-uCorrectuAnsweruD.u4%"

"Whichustatementuwouldubeucorrecturegardinguausingleuhomeowneruwhousolduauprincipaluresidenceuanduit
emizedudeductionsuonuhisuoruherufederaluincomeutaxureturn?
A.uAnyucapitalugainurealizedufromutheusaleuisutaxableuatuaureducedurate
B.uAllucapitalugainuwouldubeusubjectutoutaxuatutheutaxupayer'sumarginalurateu
C.uAulossuofuuputou$3,000uonutheusaleumayubeudeductedufromuadjusteduincome
D.uUputou$25,000umayubeuexcludedufromutaxationuifutheutaxpayeruhaduoccupiedutheuresidenceuforuatuleastu
twouofutheupastufiveuyearsu-
uCorrectuAnsweruD.uUputou$25,000umayubeuexcludedufromutaxationuifutheutaxpayeruhaduoccupiedutheuresi

denceuforuatuleastutwouofutheupastufiveuyears"


"Completeuthisustatement.uInuFlorida,utheuowneruofuauhomesteadupropertyulocateduinuoutsideuofutheucityuli
mitsuisurequiredutoupayupropertyutaxesuleviedu___________________?
A.uOnutheutotaluassesseduvalueuofutheupropertyu
B.uByutheunearestucity
C.uByutheucountyuanduschooluboard
D.uByutheustateuofuFloridau-uCorrectuAnsweruC.uByutheucountyuanduschooluboard"

"Whoucanuappraiseupropertyuforupurposesuofutaxation?
A.uTheucountyupropertyuappraiser
B.uTheulocaluschooluboard
C.uTheucityuinuwhichutheupropertyuisulocated
D.uSpecialutaxingudistrictsu-uCorrectuAnsweruA.uTheucountyupropertyuappraiser"

"Howuisu10umillsuexpresseduasuaudecimal?
A.u1.00

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