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Gold Coast Real Estate Exam Questions With Precise Answers.

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Gold Coast Real Estate Exam Questions With Precise Answers.

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Gold Coast Real Estate Exam Questions With Precise
Answers.
Tract building - accurate answers-When a dev. Acquired land, records a plat
map and uses a model center from which sales may be made

Local level - accurate answers-Planning, zoning, property taxation, building
and health codes and regulations, and building moratoriums that affect
development play a significant role in the cost and desirability of real estate

Broker associate - accurate answers-A licensed broker working for another
broker

False - accurate answers-A florida real estate license applicant must be a
resident and citizen (true or false)

Application Denial - accurate answers-You have 21 days to send a formal
letter to the department for a hearing if:

One - accurate answers-How mang brokers can a sales or broker associate
work for

Post license requirements - accurate answers-No grace period

Sales associate first renewal - accurate answers-No grace period

Exempt from licensure - accurate answers-Attorney in fact/ Attorney at Law

Attorneys at law - accurate answers-My perform legal services on behalf
ofntheir clients; they may prepare documents, handle closings, and give legal
advice.

Involuntary inactive - accurate answers-An individual who does not request
renewal of their second or subsequent lecense, pay the required fees, or
maintain their continuing education requirements will have their license
placed in

, 2 years - accurate answers-A license may remain in involuntary inactive
status for no longer than

Special Agent - accurate answers-A special agent is authorized under agency
law by the employer to perform a single act. The employment contract
between the employer and agent establishes the limit of authority granted

Presenting offers - accurate answers-A broker has a buty to transmit any and
all offers to the employer including oral offers or offers made without a binder
deposit

Limited - accurate answers-A transaction broker provides what kind of
representation

Single agent - accurate answers-this agency relationship is created when a
broker accepts employment under a single agency agreement. A broker may
represent a seller or buyer , or a landlord or tenant.

Principal - accurate answers-In a single agency relationship, the employer
becomes the

For sale By owner - accurate answers-Non Representation or (No Brokerage
Relationship can also be called)

FSBO - accurate answers-For sale by owner can also be called

Stationary Construction - accurate answers-An active broker is required to
have this open which must be registered with the department of Business and
Professional Regulation where Negotiations and the closing of real estate
transactions can be conducted with privacy

Others - accurate answers-Licencees should make clear that they are dealing
on their own account and not acting on the behalf of

Public - accurate answers-Licencees should make known their status as
licencees to members of the

Serious negotiations - accurate answers-This Disclosure should be made prior
to entering into

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