45H Post Licensing Course Study Guide
(Gold Coast Doral ) | Questions with 100%
Correct Answers | Verified | Latest Update
2026/2027
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Terms in this set (92)
Who needs a CAM License? Property managers who are employed
and compensated by community
associations. Is required when managing a
community association of more than10
units and/or with an annual budget in
excess of $100,000.
What is Farming? Concentrating on one type or style of
property or on one particular
neighborhood.
What is Capital Loss? Is the adjusted basis of the property that
is more than the amount realized from the
sale or exchange.
,The Sales Associate can only From his or her employing broker.
be payed by whom?
What are considered good Honesty and integrity, Dedication,
characteristics of a brokerage Availability, Vision, Creativity, and Sense
office manager? Of Humor.
Home sold for $250k with a 20k
garage, a home sold in the
area for $230k with no garage.
From this information what can
you determine the
approximate value of the
garage is?
What's the benefit of having a MLS affords you the opportunity to
listing inventory on the MLS? market your listing to thousands of local
And produces the greatest REALTORS and thousands of REALTORS
number of? state wide . This is also additional to
marketing properties to potential buyers.
What is an exclusive buyer Establishes an exclusive representation
brokerage agreement? with a buyer, provides for a retainer fee,
and contains a limitation of your liability
with respect to tax, legal, environmental,
engineering or other specialized advice.
, define investment value? is the value of a particular property to a
particular investor. its the highest price an
investor will pay for a property and the
lowest price seller will accept.
What are NAR Code Of Ethics 1. Duties to clients and customers
duties of Real Estate 2. Duties to the public in general
Professionals? 3. Duties to other real estate licensees
What's a fully amortized loan? Means the payment is sufficient to repay
the interest owed and the loan in full over
the life of the loan.
Whats a mortgage loan They do not make loans but arrange loans
originator? by taking mortgage applications and
searching for lenders who offer the
lowest interest rates and easiest borrower
qualification.
why are building code To protect the public health, safety, and
regulations put in place? general welfare as they relate to the
construction and occupancy of buildings
and structures.
(Gold Coast Doral ) | Questions with 100%
Correct Answers | Verified | Latest Update
2026/2027
Save
Terms in this set (92)
Who needs a CAM License? Property managers who are employed
and compensated by community
associations. Is required when managing a
community association of more than10
units and/or with an annual budget in
excess of $100,000.
What is Farming? Concentrating on one type or style of
property or on one particular
neighborhood.
What is Capital Loss? Is the adjusted basis of the property that
is more than the amount realized from the
sale or exchange.
,The Sales Associate can only From his or her employing broker.
be payed by whom?
What are considered good Honesty and integrity, Dedication,
characteristics of a brokerage Availability, Vision, Creativity, and Sense
office manager? Of Humor.
Home sold for $250k with a 20k
garage, a home sold in the
area for $230k with no garage.
From this information what can
you determine the
approximate value of the
garage is?
What's the benefit of having a MLS affords you the opportunity to
listing inventory on the MLS? market your listing to thousands of local
And produces the greatest REALTORS and thousands of REALTORS
number of? state wide . This is also additional to
marketing properties to potential buyers.
What is an exclusive buyer Establishes an exclusive representation
brokerage agreement? with a buyer, provides for a retainer fee,
and contains a limitation of your liability
with respect to tax, legal, environmental,
engineering or other specialized advice.
, define investment value? is the value of a particular property to a
particular investor. its the highest price an
investor will pay for a property and the
lowest price seller will accept.
What are NAR Code Of Ethics 1. Duties to clients and customers
duties of Real Estate 2. Duties to the public in general
Professionals? 3. Duties to other real estate licensees
What's a fully amortized loan? Means the payment is sufficient to repay
the interest owed and the loan in full over
the life of the loan.
Whats a mortgage loan They do not make loans but arrange loans
originator? by taking mortgage applications and
searching for lenders who offer the
lowest interest rates and easiest borrower
qualification.
why are building code To protect the public health, safety, and
regulations put in place? general welfare as they relate to the
construction and occupancy of buildings
and structures.
