Florida real estate business exam questions and answers 100% pass

Florida real estate business exam questions and answers 100% pass Florida real estate - Correct Answer ️️ -Residential property in Florida is a family home that is a single family dwelling, a duplex, a triplex (3units) or a quad (4 units) or vacant land that has been zoned for 4 units or less. Farm/Agriculture residential is a family home on less than 10 acres land. Commercial property is income producing property such as a retail center or an apartment complex of more than four units. The real estate professional must be able to convey to their clients and customers information about how to produce income, and create after-tax cash flow. Industrial property usually manufactures or distributes products such as a factory or warehouse. This involves sites in industrial parks or subdivisions; redeveloped industrial parcels in central areas and undeveloped industrial acreage. Agricultural property is farm or ranch land of more than ten acres. Business Opportunity consists of an investor purchasing an income producing business. The purchase may include real estate along with the business or just the business within a leased space. Knowledge of business practices, specific business loans, and the characteristics of valuation as they apply to the business. Special Purpose property examples would be schools, churches, nursing homes, post offices and hospitals. Each zoning district will look at the combination of land an improvements with highest and best use in mind. Residential property - Correct Answer ️️ -in Florida is a family home that is a single family dwelling, a duplex, a triplex (3units) or a quad (4 units) or vacant land that has been zoned for 4 units or less. Farm/Agriculture residential is a family home on less than 10 acres land. Commercial property - Correct Answer ️️ -is income producing property such as a retail center or an apartment complex of more than four units. The real estate professional must be able to convey to their clients and customers information about how to produce income, and create after-tax cash flow. Industrial property - Correct Answer ️️ -usually manufactures or distributes products such as a factory or warehouse. This involves sites in industrial parks or subdivisions; redeveloped industrial parcels in central areas and undeveloped industrial acreage. Agricultural property - Correct Answer ️️ -is farm or ranch land of more than ten acres. Business Opportunity - Correct Answer ️️ -consists of an investor purchasing an income producing business. The purchase may include real estate along with the business or just the business within a leased space. Knowledge of business practices, specific business loans, and the characteristics of valuation as they apply to the business. Special Purpose property - Correct Answer ️️ -examples would be schools, churches, nursing homes, post offices and hospitals. Each zoning district will look at the combination of land an improvements with highest and best use in mind. Property Management - Correct Answer ️️ -In Florida, more than some other states, there is a real need for property managers because so many owners are absentee owners, persons who own real estate but do not reside in that real estate. Property managers are licensed Florida real estate brokers who, under law, perform duties and services on behalf of the owner. Generally, a property manager is defined as one who preserves the value of an investment (by an owner) while generating income as an agent for the owner. The property manager's specific duties will be contained in a Property Management Agreement. Services a Property Manager May Provide The Florida Property Manager may provide many different services f