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Practice questions for this set
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Florida Fair Lending Act
Choose matching term
Which Florida law prohibits a lender from refinancing a loan to the same borrower
1 within the first 18 months of making a loan, if doing so does NOT reasonably benefit the
borrower
For single judgment against a licensee, the FL real estate recovery fund has a max of
2
how much?
What Law required that buyers be given a good estimate of closing costs prior to
3
closing?
Jim failed his state exam twice and believes some of the questions that he answered
4 were indeed correct. He can write a written obligation for consideration for the
questions to whom?
, Don't know?
Terms in this set (87)
The best protection that D. FREC and the license law
the public has during a Real
Estate transaction is
(are)
A. The national and state
association of REALTORS B.
The punishment of
licensees dealing
dishonesty
C. the high
ethicalstandards of real
estate agents
D. FREC and the
licenselaw
C. may be held by a sale associate or broker
A group license
A. allows a broker to
havea branch office
B. allows a sales
associateto work for more
than one broker
C. may be held by a
saleassociate or broker
associate
D.allows a broker to
qualify more than one
broker firm