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Gold coast all chapter Final Exam S

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Gold coast all chapter Final Exam S

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Gold coast all chapter Final Exam S
Study online at https://quizlet.com/_bovyy8

1. Acts as an agent or in- The Broker
termediary between two
or more people in the ne-
gotiation of the sale, pur-
chase, or rental of real es-
tate

2. many licensees will con- Farming
centrate on one type or
style of property or on
one particular neighbor-
hood, a practice called

3. Finding and specializing Farm area or Target market
in a particular neighbor-
hood or type of property
is referred to as

4. Residential sales or new or experienced real estate professionals
rentals can provide a re-
warding career for

5. The overwhelming ma- involved in Residential brokerage
jority of real estate li-
censees are

6. According to [F.S. The sale of any improved residential property of four units or fewer,
475.278(5)(a)], a residen- Unimproved property intended for four units or fewer, agricultural
tial transaction is defined properties of ten acres or less
as

7. The sale of any improved four units or fewer
residential property of


, Gold coast all chapter Final Exam S
Study online at https://quizlet.com/_bovyy8


8. unimproved property in- four units or fewer
tended for

9. agricultural properties of ten acres or less

10. when a developer ac- Tract Building
quires a large tract of
land records a subdivi-
sion plat map, and uses a
model center from which
sales may be made

11. planning and zoning, Local Level
property taxation, build-
ing and health code regu-
lations, are controlled by
local governments.

12. local bodies can impose Moratorium
a temporary delay for
a building project also
known as a

13. Florida real estate license Protect the public
law, F.S 475, is to

14. if a leasing is longer than A realtor cannot do it
12 months

15. "A BAR SALE" - Appraising
- Buying
- Auctioning
- Renting


, Gold coast all chapter Final Exam S
Study online at https://quizlet.com/_bovyy8

- Selling
- Advertising
- Leasing
- Exchanging

16. someone who performs A Broker
services of real estate
as an agent for another
and receives compensa-
tion for those services di-
rectly or indirectly

17. sales associates and bro- Employing Broker
ker associates receive
their compensation from
their

18. A licensed sales associ- At least 24 months within the preceding five years before becoming
ate who wishes to ap- eligible
ply to be a broker must
have been employed un-
der one or more actively
licensed brokers for

19. An applicant for a bro- Broker associate
ker license may choose to
continue employment in
a sales associate capaci-
ty with a current employ-
er subsequent to passing
the state broker exami-
nation



, Gold coast all chapter Final Exam S
Study online at https://quizlet.com/_bovyy8

20. an applicant for a Florida Resident or citizen of the united states
real estate license is not
required to be a

21. An application to take denied by the department, then the applicant will be notified in
the state exam is denied writing. The notification will identify the reasons for denial and advise
when its the applicant that they have 21 days from the date of receipt to request
a formal hearing before an administrative law judge in accordance
with the Administrative Procedure Act

22. when employed by and li- a sales associate or broker associate acts as the brokers agent in
censed under a broker performing services of real estate

23. a sales associate or bro- one broker at a time
ker associate can only
work for

24. Brokers are registered the department
and licensed with

25. an individual or entity An Owner-Developer
who is in the business
of buying, owning and/or
developing real estate

26. The Owner-Developer with the department but does not receive a real estate license
must register

27. A sales associate must sales associate first renewal
complete a 45-hour
post-license course prior
to the expiration date of
their initial license period

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