Thompson12

Accretion Gradual extension of land caused by natural forces, such as wind, tide, or watercourse deposits. Acre 43,560 square feet. Actual Notice Information a person has literally learned by reading, seeing, or hearing. Ad valorem tax According to the value; in scale to worth. Adjudication A judicial or court verdict. Adjustable rate mortgage A financing tactic in which the lender can increase or decrease the interest rate according to a set index. Adverse Posession A method of ...

What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities Broker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only involves raising crops, fish or animals. Farming is a great way for a licensee to introduce themselves. Farming involves concentrating business efforts in a particular geographical area. Farming only involves raising crops, fish or animals...

Chapter 455, F.S. Regulation of Professional and Occupations Chapter 28, Sections 101-110 Division of Administrative Hearings (DOAH Rules), Florida Administrative Code (F.A.C.) Chapter 61J2 Florida Real Estate Commission, Fl Administrative Code (F.A.C.) Recovery Fund Claim must be paid with in 2 yrs. Max payment $50,000 (single transaction) Max payment on multiple $150,000 Punitive Damages and Interest CANNOT be reimbursed from fund Accumulation of the Recovery Fund total of $1 milli...

Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heather has been using a roadway at the back of the 22 acres Pam owns. She has been driving down the roadway almost every day without permission for over 20 years. This is called what? 1) easement appurtenant. 2) easement by prescription. 3) easement in gross. 4) easement by necessity. 2) easement by prescription When purchasing an existing condominium, the buyer must receive whic...

A contractor is employed by an owner of land to build on that land to the owner's specifications Custom Building When a contractor builds on his own land with the hope of locating a purchaser after construction has been completed Speculative building A developer that acquires a large that aquires a large tract of land and builds a model center from which sales may be made tract building Property management has grown as a service of real estate primarily bc of an increase of _______ __...

A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a sale associate or broker associate D.allows a broker to qualify more than one broker firm C. may be held by a sale associate or broker The following are exempt from F.S. 475 EXCEPT A. Trustees for an estate B. Personal representatives for an estate C. Mortgage brokers engaged in financing activities. D. Business Brokers D. Business Brokers Genera...

The Fair Housing Act prohibits discrimination based on Race, color, religion, national origin, sex, familial status, handicap A piece of property that is 400 feet by 325 feet is 3 acres The truth in lending act gives a consumer the right to rescind a mortgage secured by his homestead Who can renew their initial Florida real estate license without post license education? A person that graduated with a university with a 4 year degree in real estate Which of the following words are synonyms...

Ans: B Feedback: Management functions include planning, organizing, staffing, directing, and controlling. These are incorporated into what is known as the management process. 2.) What does traditional management science focuses upon? A) Meeting worker satisfaction B) Delineating barriers to productivity C) Using a laissez-faire approach D) Encouraging employee participation Ans: B Feedback: Classical, or traditional, management science focuses on production in the workplace and on de...

2. What is the reason that first- and middle-level managers experience more interruptions than higher-level managers? A). They generally interact directly with a greater number of subordinates in daily planning. B). They seldom have the clerical and secretarial help assigned to higher-level managers. C). They are more social in nature and personal interactions D). They are busier than higher-level managers A). Frequent interruptions are common for first-and middle-level managers, who have ...

Be aware that the tool cannot eliminate the risk of human error What statement by a manager best reflects the principles of interactional leadership? "People's motives are important, and motives change over time." What action by the nurse-manager in a health organization best demonstrates transformational leadership? The manager holds a workshop to outline a new vision for patient-centered care. A manager demonstrates one of the four principles of scientific management when he or she: ...