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Gold Coast Real Estate Questions and Correct Answers/ Latest Update / Already Graded

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Gold Coast Real Estate Questions and Correct Answers/ Latest Update / Already Graded

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Page |1


Gold Coast Real Estate Questions and
Correct Answers/ Latest Update / Already
Graded
Tract building

Ans: When a dev. Acquired land, records a plat map and uses a
model center from which sales may be made


Local level

Ans: Planning, zoning, property taxation, building and health
codes and regulations, and building moratoriums that affect
development play a significant role in the cost and desirability
of real estate


Broker associate

Ans: A licensed broker working for another broker


False

Ans: A florida real estate license applicant must be a resident
and citizen (true or false)


Application Denial

All rights reserved © 2025/ 2026 |

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Ans: You have 21 days to send a formal letter to the
department for a hearing if:


One

Ans: How mang brokers can a sales or broker associate work
for


Post license requirements

Ans: No grace period


Sales associate first renewal

Ans: No grace period


Exempt from licensure

Ans: Attorney in fact/ Attorney at Law


Attorneys at law

Ans: My perform legal services on behalf ofntheir clients; they
may prepare documents, handle closings, and give legal advice.




All rights reserved © 2025/ 2026 |

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Involuntary inactive

Ans: An individual who does not request renewal of their
second or subsequent lecense, pay the required fees, or
maintain their continuing education requirements will have
their license placed in


2 years

Ans: A license may remain in involuntary inactive status for no
longer than


Special Agent

Ans: A special agent is authorized under agency law by the
employer to perform a single act. The employment contract
between the employer and agent establishes the limit of
authority granted


Presenting offers

Ans: A broker has a buty to transmit any and all offers to the
employer including oral offers or offers made without a binder
deposit


Limited


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Ans: A transaction broker provides what kind of representati on


Single agent

Ans: this agency relationship is created when a broker accepts
employment under a single agency agreement. A broker may
represent a seller or buyer , or a landlord or tenant.


Principal

Ans: In a single agency relationship, the employer becomes the


For sale By owner

Ans: Non Representation or (No Brokerage Relationship can
also be called)


FSBO

Ans: For sale by owner can also be called


Stationary Construction

Ans: An active broker is required to have this open which must
be registered with the department of Business and Professional



All rights reserved © 2025/ 2026 |

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