With -ANS-
A life estate can best be described as ______. - -ANS-Ownership, possession, and control for
someone's lifetime
accretion - -ANS-The gradual growth in the size of a land parcel due to water-deposited sand,
silt, or gravel
acre - -ANS-43560 sq ft
ad valorem - -ANS-ad valorem
Related to the concept of property taxes; a Latin term that means "according to value"
ad valorem tax - -ANS-Ad valorem: Means "according to value" in Latin;
adverse material fact - -ANS-A fact that might cause the buyer to change his mind about
purchasing the property
Advertising - -ANS-Licensees must include their broker's firm name on all advertising materials,
which includes things like business cards, stationery, flyers, brochures, and websites. When the
licensee's name is included, the last name must be used as it's registered with the commission.
Team names are permitted if all team members are supervised by the same broker, and the
team name does not contain language to imply it's a separate brokerage or company.
Advertising Name - Cannot Use actual Name - -ANS-The actual name of the individual is not a
trade name; therefore he can't register Sirius Shepard Realty.
, avulsion - -ANS-A loss of existing land by the sudden change in a watercourse, washing it away
base line - -ANS-base line
An imaginary line that runs east and west and crosses the principal meridian at a specified
point;
blockbusting - -ANS-A discriminatory and illegal practice in which licensees or other real estate
professionals encourage homeowners to sell because of a supposed increase of members of a
protected class in the area
Broker Office Requirements - -ANS-Sign must include the trade name, if used. The words
"Licensed (or Lic.) Real Estate Broker" should be included under the broker's name as it appears
on his license.
Must have a office with with privacy.
Can be in a residential home if zoned for it.
Bundle of Rights - -ANS-includes the rights of possession, disposition, enjoyment, exclusion, and
control.
DEEP Control
CAN-SPAM Act of 2003 - -ANS-Emails
Change of Employer - -ANS-For a change of broker or employer, a licensee's status must first be
deactivated with one qualifying broker then must be activated with another qualifying broker.
Chapter 475 FL Statute - -ANS-The DRE protects the public by regulating real estate and
appraisal licensees pursuant to Chapter 475 of the Florida statutes.