Passitexams

How often is the Administrator responsible for reviewing the Resident care Policy and procedures - ANSWER - Annually Occurrence reporting needs to be done in what time frame - ANSWER - 24 hours How many days is the facility required to provide job specific orientation to new employees - ANSWER - Within 90 days of hire How often is the facility required to access ambulation - ANSWER - monthly How often is the facility required to evaluate the appropriateness of indwelling catheter car...

What is the form you sign that says you will pay the loan back ? - ANSWER-promissory note What is the post licensing grace period after first expiration ? - ANSWER-none Deposits is a form of... - ANSWER-valuable consideration Physical land and improvements - ANSWER-real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both - ANSWER-Yes What is the maximum fine per offense ? - ANSWER-$5,000 ...

what are the the areas a realtor should be an expert in? - ANSWER-Marketing Valuation & Market Conditions Property Transfer "MVP" Does one need to be a resident of the state or a citizen of the U.S. to get a FL real estate license? - ANSWER-to get a FL real estate license, you don't need to be a citizen What must an applicant for a real estate license do if he has been convicted of a crime? - ANSWER-must disclose all convictions Employment - ANSWER-an associate can only have one...

What is Farming? - ANSWER-Agent dominates specific area/neighborhood/town Also known as door to door. What are the three areas sales associates must be experts in? - ANSWER-Must be experts in Valuation, Marketing, and Property Transfer What key knowledge must you have to be involved in Industrial Sales? (Not needed for commercial sales) - ANSWER-Government Law (Environmental) What is It called when a Developer builds a center in track where sales are made? - ANSWER-Track Building Wha...

Tract building - ANSWER-When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - ANSWER-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 - ANSWER-A licensed broker working for another broker False - ANSWER-A florida real estate license applicant must be a resident and c...

Real Estate Brokerage (Ch. 1) - ANSWER-A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) - ANSWER-concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing (Ch. 1) - ANSWER-areas of expert knowledge that are required for all real estate licensees Residential Transaction (Ch. 1) - ANSWER-F.S 475 The sale of any improved residential prop...

Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license? - ANSWER-CAM What term is used for the practice of specializing in one particular residential neighborhood or type of property? - ANSWER-Farming empty - ANSWER- upon closing a sales transaction who pays the sales associate their contracted commission? - ANSWER-Employing Broker Home sold for $250k with a garage, a home sold in the area for $230k with ...

1. The real estate market is local in nature what does that mean? - ANSWER-Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to members of the public in the performance of specified services of real estate C. Following up wi...

A 40,000 mortgage for a term of 20 years was originated at an 8%interest rate,with monthly mortgage payments of 334.58 what is the principal balance remaining after the second monthly payment ? - ANSWER-$39,863.72 If the price of a lot $9 per square food how many square feet are contained in a lot that sells for 27000 - ANSWER-3,000 what is the tax levy of a non-homestead property that is as seed at 36000 with a tax rate of 11 mills? - ANSWER-$396 When must a written no brokerage relati...

What is the name, year founded and seat of the 5th Chapter to be chartered? - ANSWER-Epsilon Chapter, University of Michigan, Ann Arbor, MI - 1909 What is the name, year founded and seat of the 6th Chapter to be chartered? - ANSWER-Zeta Chapter, Yale University, New Haven CT - 1909 What is the name, year founded and seat of the 7th Chapter to be chartered? - ANSWER-Eta Chapter, Columbia university, New York, NY - 1909 What is the name, year founded and seat of the 8th Chapter to be char...