3/24/25, 1:00 PM 45 hour post license real estate florida Expert Verified Actual Questions & Answers for Guaranteed Pass / Latest Update Flashcard…
45 hour post license real estate florida Expert
Verified Actual Questions & Answers for
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Terms in this set (100)
An economic recovery is B)
defined as two successive quarterly increases in the gross
A) domestic product.
two successive quarterly
declines in the gross Explanation
domestic product. When consumers, lured by lower prices, venture back
B) into the market, business activity increases and
two successive quarterly confidence begins to return. Slowly, production
increases in the gross facilities gear up to meet the new consumer demand,
domestic product. capital begins to flow back into business enterprises,
C) and additional employees are hired.
a period of higher housing
prices.
D)
two successive periods of
stock market gains.
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The three types of B)
operating expenses of an reserves for replacements, fixed, and variable.
income property are
A) Explanation
fixed, debt service, and Operating expenses are divided into three categories:
reserves for replacements. fixed expenses, variable expenses, and reserves for
B) replacement.
reserves for replacements,
fixed, and variable.
C)
variable, income taxes,
and fixed.
D)
reserves for replacements,
variable, and income
taxes.
A person applies for a D)
$300,000, 30-year fixed- $1,965.58.
rate mortgage loan at 4%.
The mortgage payment 58. $300,000 × .00477415 = $1,432.25 principal and
factor is .00477415. Taxes interest. $4,000 taxes ÷ 12 months = 333.33. $2,400
for the year are $4,000, insurance ÷ 12 months = 200. $1,432.25 + $333.33 +
and insurance is $2,400. $200 = $1,965.58 total PITI.
Her monthly payment for
principal, interest, taxes,
and insurance (PITI) will
be
A)
$1,432.25.
B)
$1,773.64.
C)
$1,273.64.
D)
$1,965.58.
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A sales associate receives B)
a good-faith deposit from Monday.
a buyer on Wednesday.
The broker must deposit FREC rules require that the sales associate must give
the funds into the escrow the broker the funds within one business day. The
account no later than the broker must deposit the funds in a bank within three
following business days.
A)
Tuesday.
B)
Monday.
C)
Thursday.
D)
Friday.
The minimum legal D)
description for a platted subdivision name, county, lot and block number, plat
subdivision would include book and page number.
A)
street address, lot and
block number, and
subdivision name.
B)
county, lot and block
number, name of
subdivision, and lot
dimensions.
C)
subdivision name, county,
reference to section,
township, and range.
D)
subdivision name, county,
lot and block number, plat
book and page number.
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D)
Antitrust laws prohibit price fixing.
A)
allow brokers to boycott Explanation
cut-rate brokers' listings. Some of the prohibited actions under antitrust laws
B) include:
prohibit commercial
advertising in faxes. conspiracy to set prices;
C) splitting up competitive market areas;
allow brokers to split up conspiring to boycott cut-rate brokers or otherwise
market areas. interfering with their business; and
D) requiring a minimum commission before allowing
prohibit price fixing. listings to be circulated in any service, such as through
an MLS.
Hearing, understanding, D)
and evaluation are part of Listening
what type of skill set?
A)
Oral
B)
Written
C)
Nonverbal
D)
Listening
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45 hour post license real estate florida Expert
Verified Actual Questions & Answers for
Guaranteed Pass / Latest Update
Save
Terms in this set (100)
An economic recovery is B)
defined as two successive quarterly increases in the gross
A) domestic product.
two successive quarterly
declines in the gross Explanation
domestic product. When consumers, lured by lower prices, venture back
B) into the market, business activity increases and
two successive quarterly confidence begins to return. Slowly, production
increases in the gross facilities gear up to meet the new consumer demand,
domestic product. capital begins to flow back into business enterprises,
C) and additional employees are hired.
a period of higher housing
prices.
D)
two successive periods of
stock market gains.
https://quizlet.com/1022093945/45-hour-post-license-real-estate-florida-expert-verified-actual-questions-answers-for-guaranteed-pass-latest-update-fl… 1/60
,3/24/25, 1:00 PM 45 hour post license real estate florida Expert Verified Actual Questions & Answers for Guaranteed Pass / Latest Update Flashcard…
The three types of B)
operating expenses of an reserves for replacements, fixed, and variable.
income property are
A) Explanation
fixed, debt service, and Operating expenses are divided into three categories:
reserves for replacements. fixed expenses, variable expenses, and reserves for
B) replacement.
reserves for replacements,
fixed, and variable.
C)
variable, income taxes,
and fixed.
D)
reserves for replacements,
variable, and income
taxes.
A person applies for a D)
$300,000, 30-year fixed- $1,965.58.
rate mortgage loan at 4%.
The mortgage payment 58. $300,000 × .00477415 = $1,432.25 principal and
factor is .00477415. Taxes interest. $4,000 taxes ÷ 12 months = 333.33. $2,400
for the year are $4,000, insurance ÷ 12 months = 200. $1,432.25 + $333.33 +
and insurance is $2,400. $200 = $1,965.58 total PITI.
Her monthly payment for
principal, interest, taxes,
and insurance (PITI) will
be
A)
$1,432.25.
B)
$1,773.64.
C)
$1,273.64.
D)
$1,965.58.
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,3/24/25, 1:00 PM 45 hour post license real estate florida Expert Verified Actual Questions & Answers for Guaranteed Pass / Latest Update Flashcard…
A sales associate receives B)
a good-faith deposit from Monday.
a buyer on Wednesday.
The broker must deposit FREC rules require that the sales associate must give
the funds into the escrow the broker the funds within one business day. The
account no later than the broker must deposit the funds in a bank within three
following business days.
A)
Tuesday.
B)
Monday.
C)
Thursday.
D)
Friday.
The minimum legal D)
description for a platted subdivision name, county, lot and block number, plat
subdivision would include book and page number.
A)
street address, lot and
block number, and
subdivision name.
B)
county, lot and block
number, name of
subdivision, and lot
dimensions.
C)
subdivision name, county,
reference to section,
township, and range.
D)
subdivision name, county,
lot and block number, plat
book and page number.
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D)
Antitrust laws prohibit price fixing.
A)
allow brokers to boycott Explanation
cut-rate brokers' listings. Some of the prohibited actions under antitrust laws
B) include:
prohibit commercial
advertising in faxes. conspiracy to set prices;
C) splitting up competitive market areas;
allow brokers to split up conspiring to boycott cut-rate brokers or otherwise
market areas. interfering with their business; and
D) requiring a minimum commission before allowing
prohibit price fixing. listings to be circulated in any service, such as through
an MLS.
Hearing, understanding, D)
and evaluation are part of Listening
what type of skill set?
A)
Oral
B)
Written
C)
Nonverbal
D)
Listening
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