Real Estate Questions and Answers Exam Latest Update Graded A+

Real Estate Questions and Answers Exam Latest Update Graded A+ Local communities regulate real estate by buying and selling land themselves. >creating zoning laws. annexing nearby towns. taxing animals. Which is NOT commonly an area of federal government interference in real property? Federal Fair Housing Act RESPA National Parks >Zoning laws Why does a real estate professional need a license? He has specific information to be able to show a house. He has specific information to lease a house. >He has expert information on real estate that an average layperson does not have. He does not need a license; he can sell and list whenever he wants. The duties of a property manager include all EXCEPT >selling the property. advertising the property. maintaining the property in good repair. budgeting expenses for the property. Putting together two or more parcels of land to make a large piece is called subdivision. >assemblage. financial plan. incentive. Which would NOT usually be involved in financing real estate? A mortgage banker A mortgage broker A savings and loan >A real estate broker Agriculture property in Florida is property that has many buildings on it. has fewer than 10 acres. has fewer than 5 acres. >has more than 10 acres. The Florida Real Estate Appraisal Board (FREAB) is headquartered in Orlando and consists of 5 members. 6 members. >9 members. 8 members. In Florida there is a demand for property management services due to the large amount of waterfront properties. theme parks. >absentee owners. residents who own condominiums. Which is the most important issue