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Florida Real Estate Exam Prep Correct Questions And Answers(Graded A+)

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Institution Florida Real Estate
Course Florida Real Estate
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Real estate investment trust that are formed to buy, own and manage investment projects are called - ANSWER Equity trust What Fl statute created the Department of business and professional regulation - ANSWER FL 455 Universal Agent - ANSWER All matters by power of attorney General Agent - ANSWER Continuing basis for specific area Special Agent - ANSWER Single Task Normal sales associate Subagency - ANSWER Extension of another agency Subagent - ANSWER A party who has been granted authority to act on behalf of another agent DBPR head of command - ANSWER Secretary- governor appointed and approved by senate. No term limit. Located in Tally Fl 475 Part IV - ANSWER Commercial real estate LEASING commission Lien act Fl 475 Part III - ANSWER Commercial SALES commission lien act- broker liens seller FL 475 part II - ANSWER APPRAISERS- Defines Fl real estate appraisal board, appraisal license. Powers of the Department - ANSWER Cease and desist order, administer oaths, issue

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