Gold Coast All Chapter Final Exam Questions With Accurate
Solutions.
Acts as an agent or intermediary between two or more people in the
negotiation of the sale, purchase, or rental of real estate - accurate answer-The
Broker
many licensees will concentrate on one type or style of property or on one
particular neighborhood, a practice called - accurate answer-Farming
Finding and specializing in a particular neighborhood or type of property is
referred to as - accurate answer-Farm area or Target market
Residential sales or rentals can provide a rewarding career for - accurate
answer-new or experienced real estate professionals
The overwhelming majority of real estate licensees are - accurate answer-
involved in Residential brokerage
According to [F.S. 475.278(5)(a)], a residential transaction is defined as -
accurate answer-The sale of any improved residential property of four units
or fewer, Unimproved property intended for four units or fewer, agricultural
properties of ten acres or less
The sale of any improved residential property of - accurate answer-four units
or fewer
unimproved property intended for - accurate answer-four units or fewer
agricultural properties of - accurate answer-ten acres or less
when a developer acquires a large tract of land records a subdivision plat
map, and uses a model center from which sales may be made - accurate
answer-Tract Building
planning and zoning, property taxation, building and health code regulations,
are controlled by local governments. - accurate answer-Local Level
,local bodies can impose a temporary delay for a building project also known
as a - accurate answer-Moratorium
Florida real estate license law, F.S 475, is to - accurate answer-Protect the
public
if a leasing is longer than 12 months - accurate answer-A realtor cannot do it
"A BAR SALE" - accurate answer-- Appraising
- Buying
- Auctioning
- Renting
- Selling
- Advertising
- Leasing
- Exchanging
someone who performs services of real estate as an agent for another and
receives compensation for those services directly or indirectly - accurate
answer-A Broker
sales associates and broker associates receive their compensation from their -
accurate answer-Employing Broker
A licensed sales associate who wishes to apply to be a broker must have been
employed under one or more actively licensed brokers for - accurate answer-
At least 24 months within the preceding five years before becoming eligible
An applicant for a broker license may choose to continue employment in a
sales associate capacity with a current employer subsequent to passing the
state broker examination - accurate answer-Broker associate
an applicant for a Florida real estate license is not required to be a - accurate
answer-Resident or citizen of the united states
An application to take the state exam is denied when its - accurate answer-
denied by the department, then the applicant will be notified in writing. The
notification will identify the reasons for denial and advise the applicant that
they have 21 days from the date of receipt to request a formal hearing before
, an administrative law judge in accordance with the Administrative Procedure
Act
when employed by and licensed under a broker - accurate answer-a sales
associate or broker associate acts as the brokers agent in performing services
of real estate
a sales associate or broker associate can only work for - accurate answer-one
broker at a time
Brokers are registered and licensed with - accurate answer-the department
an individual or entity who is in the business of buying, owning and/or
developing real estate - accurate answer-An Owner-Developer
The Owner-Developer must register - accurate answer-with the department
but does not receive a real estate license
A sales associate must complete a 45-hour post-license course prior to the
expiration date of their initial license period - accurate answer-sales associate
first renewal
The license of a sales associate who fails to complete their sales associate first
renewal requirement will become - accurate answer-void and the licensee will
be out of business
If the Continuing Education (CE) requirement is not met within the renewal
deadline - accurate answer-The licensee's license status will be changed into
Involuntary Inactive
people who are granted authority under a power of attorney to act to act for
others in some capacity, such as signing documents - accurate answer-
Attorneys-in-fact
attorney individuals who are exempt from licensure - accurate answer-
attorneys-in-fact are exempted
an individual that are exempted from licensure are - accurate answer-salaried
employees of an owner, or of a registered broker for an owner, of an
Solutions.
Acts as an agent or intermediary between two or more people in the
negotiation of the sale, purchase, or rental of real estate - accurate answer-The
Broker
many licensees will concentrate on one type or style of property or on one
particular neighborhood, a practice called - accurate answer-Farming
Finding and specializing in a particular neighborhood or type of property is
referred to as - accurate answer-Farm area or Target market
Residential sales or rentals can provide a rewarding career for - accurate
answer-new or experienced real estate professionals
The overwhelming majority of real estate licensees are - accurate answer-
involved in Residential brokerage
According to [F.S. 475.278(5)(a)], a residential transaction is defined as -
accurate answer-The sale of any improved residential property of four units
or fewer, Unimproved property intended for four units or fewer, agricultural
properties of ten acres or less
The sale of any improved residential property of - accurate answer-four units
or fewer
unimproved property intended for - accurate answer-four units or fewer
agricultural properties of - accurate answer-ten acres or less
when a developer acquires a large tract of land records a subdivision plat
map, and uses a model center from which sales may be made - accurate
answer-Tract Building
planning and zoning, property taxation, building and health code regulations,
are controlled by local governments. - accurate answer-Local Level
,local bodies can impose a temporary delay for a building project also known
as a - accurate answer-Moratorium
Florida real estate license law, F.S 475, is to - accurate answer-Protect the
public
if a leasing is longer than 12 months - accurate answer-A realtor cannot do it
"A BAR SALE" - accurate answer-- Appraising
- Buying
- Auctioning
- Renting
- Selling
- Advertising
- Leasing
- Exchanging
someone who performs services of real estate as an agent for another and
receives compensation for those services directly or indirectly - accurate
answer-A Broker
sales associates and broker associates receive their compensation from their -
accurate answer-Employing Broker
A licensed sales associate who wishes to apply to be a broker must have been
employed under one or more actively licensed brokers for - accurate answer-
At least 24 months within the preceding five years before becoming eligible
An applicant for a broker license may choose to continue employment in a
sales associate capacity with a current employer subsequent to passing the
state broker examination - accurate answer-Broker associate
an applicant for a Florida real estate license is not required to be a - accurate
answer-Resident or citizen of the united states
An application to take the state exam is denied when its - accurate answer-
denied by the department, then the applicant will be notified in writing. The
notification will identify the reasons for denial and advise the applicant that
they have 21 days from the date of receipt to request a formal hearing before
, an administrative law judge in accordance with the Administrative Procedure
Act
when employed by and licensed under a broker - accurate answer-a sales
associate or broker associate acts as the brokers agent in performing services
of real estate
a sales associate or broker associate can only work for - accurate answer-one
broker at a time
Brokers are registered and licensed with - accurate answer-the department
an individual or entity who is in the business of buying, owning and/or
developing real estate - accurate answer-An Owner-Developer
The Owner-Developer must register - accurate answer-with the department
but does not receive a real estate license
A sales associate must complete a 45-hour post-license course prior to the
expiration date of their initial license period - accurate answer-sales associate
first renewal
The license of a sales associate who fails to complete their sales associate first
renewal requirement will become - accurate answer-void and the licensee will
be out of business
If the Continuing Education (CE) requirement is not met within the renewal
deadline - accurate answer-The licensee's license status will be changed into
Involuntary Inactive
people who are granted authority under a power of attorney to act to act for
others in some capacity, such as signing documents - accurate answer-
Attorneys-in-fact
attorney individuals who are exempt from licensure - accurate answer-
attorneys-in-fact are exempted
an individual that are exempted from licensure are - accurate answer-salaried
employees of an owner, or of a registered broker for an owner, of an
