Florida Real-estate Gold Coast Exam 2023 Questions and Answers

Property Transfer - Answer- Conveying ownership or rights in property. Expert Knowledge, title company Farming - Answer- Finding and specializing in a neighborhood or property 3 things I need to know, Expert Knowledge - Answer- 1. Property transfer , 2. Valuation, 3. Marketing Broker - Answer- Broker acts like an agent between 2 or more people negotiating a sale. Agricultural properties - Answer- 10 acres or less- is residential Absentee owners - Answer- Owners who buy income property as investments and depend on professionals to manage them appraising - Answer- Value of property / I can give apprais Counseling - Answer- Expert advice . Analyzing existing projects Property Insurance - Answer- Must have Tract building - Answer- Model center DBPR - Answer- Department of Business and Professional Regulation Person required to be licensed - Answer- Under F.S 475 Leasing - Answer- Over 12 months Renting - Answer- Up to 12 months sales associate - Answer- Must be employed by RE Broker or developer Licensed sales associate becoming a Broker - Answer- Must be licensed under a broker, 24 months to 5 years Broker Associate - Answer- Passed Broker exam, isn't ready to be a Broker yet, so works as a sales associate Application approval - Answer- Within 2 years Application Denial - Answer- 21 days to request formal hearing before judge Pre-Licensing Education for Brokers - Answer- Complete 72 hour course , final exam Owner-developer - Answer- Must register Department. Doesn't receive RE license. Owner Developers can hire unlicensed sales person - Answer- Yes, to sell property and paid salary sales associate first renewal - Answer- 45 hour, no grace, void Broker first renewal - Answer- Complete 60 hour education course What % licensees need to Pass post license exam - Answer- 75% Attorney-in-fact - Answer- Power of attorney Salaried Employees - Answer- Receive up to $50. Cash Salaried Employee - Answer- Don't ha