Gold Coast 45 Hour Exam Questions(exam version H 2023)
Study online at https://quizlet.com/_cp18cl
1. Property managers who are employed and CAM
compensated by community associations are
required to obtain and maintain which type of
license?
2. What term is used for the practice of specializ- Farming
ing in one particular residential neighborhood
or type of property?
3. empty
4. upon closing a sales transaction who pays the Employing Broker
sales associate their contracted commission?
5. Home sold for $250k with a garage, a home $20000
sold in the area for $230k with no garage.
From this information what can you determine
the approximate value of the garage is?
6. which source will most likely produce the Putting your listing on the MLS
greatest # of potential buyers for a listing?
7. The NAR code of ethics specifies duties of Duties
real-estate professionals according to ethical
standard of conduct. All of the following ex-
cept?
8. What is primary purpose of building code reg- to protect public health, safety and
ulations? general welfare
9. which auction system is involved with the en- Courthouse Auction
forcement of liens due to borrower default?
10. Open Listing
, Gold Coast 45 Hour Exam Questions(exam version H 2023)
Study online at https://quizlet.com/_cp18cl
Which type of listing allows an owner to list his
or her property with more than one broker?
11. Which investment term refers to an asset that illiquid
cannot be sold quickly without lowering the
price?
12. Which home staging and prep tip is suggested Brighten room, cleaning window &
to help make home more appealing? turning on lights
13. What does a "double entry" refer to on a clos- Expenses between two parties to the
ing disclosure statement? transaction, with no third party in-
volved.
14. What are the benefits of using a VA loan in a little to no money down and low inter-
transaction? est rates
15. What type of brokerage business specializes Commercial Brokerage
in selling or leasing income-producing prop-
erties such as malls, offices, restaurants, gas
stations, and office towers?
16. Which of the following statement best de- Is the practice of directing homebuyers
scribes the practice of steering? toward or away from homes in certain
neighborhoods or in a multiunit build-
ing in order to preserve or alter the
makeup of that neighborhood with re-
spect to race, religion, sex, or national
origin.
17. It is important to qualify a seller by asking
questions to understand there motive and ex-
Study online at https://quizlet.com/_cp18cl
1. Property managers who are employed and CAM
compensated by community associations are
required to obtain and maintain which type of
license?
2. What term is used for the practice of specializ- Farming
ing in one particular residential neighborhood
or type of property?
3. empty
4. upon closing a sales transaction who pays the Employing Broker
sales associate their contracted commission?
5. Home sold for $250k with a garage, a home $20000
sold in the area for $230k with no garage.
From this information what can you determine
the approximate value of the garage is?
6. which source will most likely produce the Putting your listing on the MLS
greatest # of potential buyers for a listing?
7. The NAR code of ethics specifies duties of Duties
real-estate professionals according to ethical
standard of conduct. All of the following ex-
cept?
8. What is primary purpose of building code reg- to protect public health, safety and
ulations? general welfare
9. which auction system is involved with the en- Courthouse Auction
forcement of liens due to borrower default?
10. Open Listing
, Gold Coast 45 Hour Exam Questions(exam version H 2023)
Study online at https://quizlet.com/_cp18cl
Which type of listing allows an owner to list his
or her property with more than one broker?
11. Which investment term refers to an asset that illiquid
cannot be sold quickly without lowering the
price?
12. Which home staging and prep tip is suggested Brighten room, cleaning window &
to help make home more appealing? turning on lights
13. What does a "double entry" refer to on a clos- Expenses between two parties to the
ing disclosure statement? transaction, with no third party in-
volved.
14. What are the benefits of using a VA loan in a little to no money down and low inter-
transaction? est rates
15. What type of brokerage business specializes Commercial Brokerage
in selling or leasing income-producing prop-
erties such as malls, offices, restaurants, gas
stations, and office towers?
16. Which of the following statement best de- Is the practice of directing homebuyers
scribes the practice of steering? toward or away from homes in certain
neighborhoods or in a multiunit build-
ing in order to preserve or alter the
makeup of that neighborhood with re-
spect to race, religion, sex, or national
origin.
17. It is important to qualify a seller by asking
questions to understand there motive and ex-
