Gold Coast Real Estate Exam | Questions
with 100% Correct Answers | Verified |
Latest Update 2026/2027
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Terms in this set (270)
What is the term when a real Farming
estate agent specializes in one
geographic area?
A residential transaction is Four units or less
defined as:
What 3 areas do real estate Marketing, Valuation, Property Transfer
agents have to have expertise
in?
Owners who buy income Absentee Owners
property as investments and
depend on professionals to
manage them are called:
,What is the process of Appraising
developing an opinion of
value of real property?
Transfer of ownership is called: Dedication
What is custom building? When a contractor is employed to build a
structure according to the customer's
specifications
What is speculative building? When a contractor builds a structure
before securing a buyer with the hope of
selling the finished structure. (AKA
building on spec)
What is tract building? 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.
What is the purpose of FREC? To protect the public
What does "Commission" refer Florida Real Estate Commission (FREC)
to?
What does "Department" refer Department of Business and Professional
to? Regulation (DBPR)
, Real estate professionals Sales associate, broker, or broker
practice real estate when associate
licensed as one of the
following:
How do you become eligible A licensed sales associate must be
to become a broker? employed under one or more actively
licensed brokers for at least 24 months
within the preceding five years.
What is a broker associate? Is a licensed broker who chooses to work
as a sales associate under the direction of
another broker.
Is an applicant for a Florida No
real estate license required to
be a resident of Florida?
Is an applicant for a Florida No
real estate license required to
be a citizen of the United
States?
For the application with the Yes
DBPR, are you required to
disclose any criminal
convictions? Even
misdemeanors?
with 100% Correct Answers | Verified |
Latest Update 2026/2027
Save
Terms in this set (270)
What is the term when a real Farming
estate agent specializes in one
geographic area?
A residential transaction is Four units or less
defined as:
What 3 areas do real estate Marketing, Valuation, Property Transfer
agents have to have expertise
in?
Owners who buy income Absentee Owners
property as investments and
depend on professionals to
manage them are called:
,What is the process of Appraising
developing an opinion of
value of real property?
Transfer of ownership is called: Dedication
What is custom building? When a contractor is employed to build a
structure according to the customer's
specifications
What is speculative building? When a contractor builds a structure
before securing a buyer with the hope of
selling the finished structure. (AKA
building on spec)
What is tract building? 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.
What is the purpose of FREC? To protect the public
What does "Commission" refer Florida Real Estate Commission (FREC)
to?
What does "Department" refer Department of Business and Professional
to? Regulation (DBPR)
, Real estate professionals Sales associate, broker, or broker
practice real estate when associate
licensed as one of the
following:
How do you become eligible A licensed sales associate must be
to become a broker? employed under one or more actively
licensed brokers for at least 24 months
within the preceding five years.
What is a broker associate? Is a licensed broker who chooses to work
as a sales associate under the direction of
another broker.
Is an applicant for a Florida No
real estate license required to
be a resident of Florida?
Is an applicant for a Florida No
real estate license required to
be a citizen of the United
States?
For the application with the Yes
DBPR, are you required to
disclose any criminal
convictions? Even
misdemeanors?
