GOLD COAST REAL ESTATE - ACTUAL EXAM
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!!
A contractor who builds on their own lot in the hope of finding a purchaser upon
completion is building on ________________. - Speculation
One type of a residential sales transaction involves the sale of any improved
residential property of ___________ units or less. - 4
The term ____________________ is a registered trademark of the National
Association of REALTORS and may be used only by members of the organization. -
Realtor
Most real estate licensees are involved in _______________ brokerage. -
Residential
Property management has grown as a service of real estate primarily because of
an increase in _______________ _______________. - Absentee Ownership
The portion of the Federal Financial Institutions Reform, Recovery and
Enforcement Act that requires the use of state-licensed or state-certified
appraisers in federally related transactions is _______________. - Title XI
, An estimate of the value of property developed by a real estate licensee for use in
listing or selling property is known as a _______________ ________________
_______________. - Comparative Market Analysis (CMA)
Mortgage loan originators are licensed in Florida by the ________________
_______________ __ _______________ ________________. - Florida
Department of Financial Services (FDFS)
The category of construction that applies when a property owner employs a
contractor to build according to their individual specifications is called
_______________ ________________. - Custom Building
After completion of construction of a subdivision, the streets, sidewalks, and
common areas are frequently conveyed to the city or county in a process called
________________. - Dedication
Appraising is the process of developing an ________________ of value. -
Opinion
Valuing a business requires an analysis of _______________ _____________ and
_______________ _________________. - Balance Sheets and Financial
Statements
The three areas of expertise real estate licensees bring to the transaction relate to
_______________ ________________, ________________ and
________________. - Property Transfer, Valuation, and Marketing
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!!
A contractor who builds on their own lot in the hope of finding a purchaser upon
completion is building on ________________. - Speculation
One type of a residential sales transaction involves the sale of any improved
residential property of ___________ units or less. - 4
The term ____________________ is a registered trademark of the National
Association of REALTORS and may be used only by members of the organization. -
Realtor
Most real estate licensees are involved in _______________ brokerage. -
Residential
Property management has grown as a service of real estate primarily because of
an increase in _______________ _______________. - Absentee Ownership
The portion of the Federal Financial Institutions Reform, Recovery and
Enforcement Act that requires the use of state-licensed or state-certified
appraisers in federally related transactions is _______________. - Title XI
, An estimate of the value of property developed by a real estate licensee for use in
listing or selling property is known as a _______________ ________________
_______________. - Comparative Market Analysis (CMA)
Mortgage loan originators are licensed in Florida by the ________________
_______________ __ _______________ ________________. - Florida
Department of Financial Services (FDFS)
The category of construction that applies when a property owner employs a
contractor to build according to their individual specifications is called
_______________ ________________. - Custom Building
After completion of construction of a subdivision, the streets, sidewalks, and
common areas are frequently conveyed to the city or county in a process called
________________. - Dedication
Appraising is the process of developing an ________________ of value. -
Opinion
Valuing a business requires an analysis of _______________ _____________ and
_______________ _________________. - Balance Sheets and Financial
Statements
The three areas of expertise real estate licensees bring to the transaction relate to
_______________ ________________, ________________ and
________________. - Property Transfer, Valuation, and Marketing
