Gold Coast Real Estate

Gold Coast Florida Real Estate Exam - Chapter 10 Complete Questions with correct Answers Legal Descriptions Legal Descriptions are used to identify a parcel's location. There are four methods to describe property. Name those Monuments Method Metes and Bounds Government Survey Plat or Lot and Block Monuments Method Uses landmarks to establish boundaries Metes and Bounds is also known as the surveyor's method Metes are measurements of distance such as feet, inches,...

Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2 Property management Abesntee ownership has increased the demand for which area of brokerage A fee based upon time and difficulty of appraisal What is a real estate appraiser is paid A subdivision plat map What does the local planning agency have the authority to approve Dedication What is it called when a developer gives land to a governmental body? Property management What business is a license engaged in who...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

Gold Coast Real Estate Chapter 1 The real estate market is local in nature. What does that mean? - Information about real estate is best found a local sources. You would expect a real estate licensee to perform all the following activities, EXCEPT: * providing expert knowledge about construction methods and materials A real estate licensee is expected to have expert knowledge in what three areas? - valuation, marketing, and property transfer What is a comparative market analys...

Chapter 1 - Gold Coast Real Estate Homework Questions and Answers Which of the following statements is true regarding a mortgage loan originator (MLO)? (a) A mortgage loan originator is the same as a mortgage broker. (b) A mortgage loan originator must have a separate license. (c) A mortgage loan originator makes loans. (d) A mortgage loan originator must have a real estate license. (b) A mortgage loan originator must have a separate license. A real estate appraiser's fee for profe...

EOC test for gold coast real estate course|Complete Questions with 100% Correct Answers what are the 3 areas that a licensee are required to have expert knowledge? property transfer, valuation, marketing when a developer acquires a large tract of land and records a subdivision play map, and uses a model center from which sales are made is called? tract building focusing on one type or style of property or a particular neighborhood farming/farm area sales associate who wishes t...

Real Estate Gold Coast test 2023 |UPDATED 2024!!! Prorating Rent paid in advance monthly rent collected by the seller for the month must be divided between seller and buyer Areas of expert knowledge required for all real estate licensees? 1. Property Transfer 2. Valuation 3. Marketing (Not accounting or construction) Real estate licensees can perform valuations under the real estate license law if the valuation is not to be used _________. in a federally related transation ...

Gold Coast Real Estate Final Exam Study Guide (only contains highlights from Ch's 1, 2,3,4 and some of 11) Real Estate Brokerage (Ch. 1) A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing (Ch. 1) areas of expert knowledge that are required for all real estate licensees ...

Chapter 5 Gold Coast Real Estate Homework Complete Questions and Correct Answers A sales associate licensed with a real estate brokerage corporation can be which of the following? (a) An officer (b) A stockholder (c) A director (d) An officer and a director (b) A stockholder Six individuals decide to form a real estate brokerage partnership. All six individuals are planning to be active in real estate sales. Which statement best applies? (a) The partnership must be registered wi...

Chapter 4 Gold Coast Real Estate Homework Complete Questions and Correct Answers Who owes fiduciary duties in a single agency relationship? (a) The broker only (b) The principal only (c) Both parties (d) Neither party (a) The broker only All of the following activities are exempt from the requirement to provide disclosures under the Brokerage Relationship Disclosure Act, EXCEPT: (a) Sales staff at a new development center (b) Showing property to a party that is not being represente...

GOLD COAST PRACTICE EXAMS Complete Questions with A+ Graded Answers UPDATED 2024 Which statement provides the basic justification for zoning? A. There must be regulations in place to prevent pollution B. The government does not want to encourage land development C. The inappropriate use of one's property may affect the value of another D. Professional planners want to control development C. The inappropriate use of one's property may affect the value of another What is the rational...

Gold Coast FINAL EXAM STUDY SET for 4/11 Graded A+ what are the the areas a realtor should be an expert in? 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? 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? must disclose all convictions Employment an a...

GOLD COAST REAL ESTATE EXAM Farming when a licensee focuses on one type or style of property or one particular neighborhood farm area target market; one of the best ways to succeed in real estate Areas of expert knowledge required for all real estate licensees 1. Property Transfer 2. Valuation and Market Conditions 3. Marketing (consider MLS; Multiple Listing Service) Residential Transaction F.S 475 The sale of any improved residential property of 4 units or fewer. Unimpr...

GOLD COAST REAL ESTATE EXAM One type of a residential sales transaction involves the sale of any improved residential property of (________) units or less Four The term __________ is registered trademark of the National Association of Realtors and may be used only by members of the organization Realtor Most real estate licensees are involved in ______________ brokerage Residential An estimate of the value of property developed by a real estate licensee for use in listing or se...

Gold Coast Real Estate Exam Verified 100% PASS!! Tract building When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level 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 A licensed broker working for another broker False A florida real estate license applicant...

Gold Coast School Real Estate Questions Ch.1-19||Complete Questions with 100% Correct Answers 1. The real estate market is local in nature what does that mean? 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...

Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions Graded A+ 312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be ...

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS) Farming licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which ...

Gold Coast Real Estate Final Exam |Complete Questions with Graded A+ Answers What is Farming? Agent dominates specific area/neighborhood/town Also known as door to door. What are the three areas sales associates must be experts in? 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) Government Law (Environmental) What is It called when a Developer builds a center i...

Gold Coast real estate, Practice final Exam Realtor 100 test 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 ? $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 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? ...