Gold Coast Real Estate 63-Hour Course
Study Guide
one acre equals - ---✔✔✔ANSWER----43,560 square feet
One mile is how many feet - ---✔✔✔ANSWER----5280 feet
Plat or recorded plat is also known as - ---✔✔✔ANSWER----Lot and block
Assessor's parcel number (APN) is - ---✔✔✔ANSWER----A number that is
assigned to a parcel of real property by a county property assessor to uniquely
identify that property within the jurisdiction.
,Township - ---✔✔✔ANSWER----Is 6 mikes sq and contains 36 square
miles.
MLS (Multiple Listing Service) - ---✔✔✔ANSWER----Marketing tool for
licensees
Residential sales - ---✔✔✔ANSWER----The sale of improved residential
property of 4 or less units, the sale of unimproved residential property intended
for use as 4 or less, or the sale of agricultural property of 10 or fewer acres.
Tract building - ---✔✔✔ANSWER----when a developer acquires a large
tract of land, records a subdivision plat map, and uses a model center from which
sales may be made.
moratorium - ---✔✔✔ANSWER----a suspension of activity; an authorized
delay of building project
Florida real estate license law - ---✔✔✔ANSWER----To protect public
Leasing - ---✔✔✔ANSWER----For commercial properties
Renting - ---✔✔✔ANSWER----For residential properties
, Sales associate that wants to be broker - ---✔✔✔ANSWER----Needs to
actively licensed 24 months within 5 years
Broker Associate - ---✔✔✔ANSWER----A person who holds a broker's
license but chooses to register and work in real estate under the direction of
another broker.
Florida rea estate license - ---✔✔✔ANSWER----Does not require to be
resident of state or be a citizen of united states
Background questions - ---✔✔✔ANSWER----Must discolse any convictions
What 5 things happens when application denial - ---✔✔✔ANSWER----
Denied by department, notified by writing, 21 days from reciept, request formal ,
attend before administrative hearing
Law 475 - ---✔✔✔ANSWER----Law requires sales associate or broker
associate to be employed as an agent of either a broker or owner developer not
both
Owner-developer - ---✔✔✔ANSWER----Must register with department
but does not receive real estate license