Study guides, Class notes & Summaries

Florida Real estate exam chapter 1 Questions and Answers 100% Pass RE licensee provide specialized service in 5 areas - Correct Answer ️️ -Details of property transfer Knowledge of market conditions Knowledge of how to market RE or businesses Knowledge of how to analyze buyers needs Knowledge of laws that pertain to RE Sales and leasing - Correct Answer ️️ -RE sales is the lifeblood of the brokering business Follow up - Correct Answer ️️ -Best way to ensure buyers and selle...

Florida Real Estate Exam Questions and Answers 100% Pass Expert Information - Correct Answer ️️ -The Product that a real estate sales associate must market Property Transfer Market Conditions How to market real estate and business - Correct Answer ️️ -The three areas of expertise that real estate licensees bring to the transaction - Knowledge of Residential Commercial Industrial Agricultural Businesses - Correct Answer ️️ -Five major sales specialties that real estate age...

FL REAL ESTATE SALES ASSOCIATE EXAM REVIEW 2024 QUESTIONS AND ANSWERS 100% PASS Complaints against licensees are confidential until _____ days after probable cause is found to exist. - Correct Answer ️️ -10 Licensees involved in a first-time offense of a minor nature will receive a letter of noncompliance. There after the licensee has ____ days to take corrective action. - Correct Answer ️️ -15 Summary Suspension- What is it and who issues it? - Correct Answer ️️ -An emergen...

FL REAL ESTATE LAWS QUESTIONS AND ANSWERS 100% PASS The Real Estate License Law - Correct Answer ️️ -1. Protect consumers from loss because of dishonest and incompetent real estate sales associates 2. Protect the good standing of ethical associates from the adverse publicity caused by unprincipled licensees Florida Real Estate Commission (FREC) - Correct Answer ️️ -consists of seven members appointed by the governor and confirmed by the state Senate. The Commission is composed of...

Florida Real Estate Chapter 3 Questions and Answers 100% Pass The Department of Business and Professional Regulation DPBR or Department - Correct Answer ️️ -Created by F.S 475 to provide licensing, oversight, and regulation of businesses and professions. Principal offices in Tallahassee FL Secretary of the Department - Correct Answer ️️ -Appointed by the Governor. No set term limit. Serves at the pleasure of the Governor. Responsible for planning directing, coordinating, and exec...

Florida real estate business exam questions and answers 100% pass Florida real estate - Correct Answer ️️ -Residential property in Florida is a family home that is a single family dwelling, a duplex, a triplex (3units) or a quad (4 units) or vacant land that has been zoned for 4 units or less. Farm/Agriculture residential is a family home on less than 10 acres land. Commercial property is income producing property such as a retail center or an apartment complex of more than four units...

Florida Real Estate Chapter 1 Review Questions and Answers 100% Pass Sales Associate License Qualifications (F.S. 475.17) - Correct Answer ️️ --18 Years of Age -High school diploma -Honest, Trustworthy, of good character and have a reputation for fair dealing -Does NOT have to be a Florida resident or U.S. citizent Custom Building - Correct Answer ️️ -Building to the owner's specifications. Farming - Correct Answer ️️ -Specializing in one type or style of property, or in a ...

FLORIDA REAL ESTATE - UNIT 1 KEY TERMS QUESTIONS AND ANSWERS 100% PASS ABSENTEE OWNER - Correct Answer ️️ -property owner who does not reside on the property & who often relies on a professional property manager to manage the investment APPRAISAL - Correct Answer ️️ -The process of developing and communicating an opinion of a property's value based on supportable evidence and approved methods as of a certain date. APPRAISER - Correct Answer ️️ -One who is registered, license...

Florida real estate exam chapter 14 Questions and Answers 100% Pass The purpose of the closing statement is to - Correct Answer ️️ -summarize the financial aspects of a real estate transation Which entry would normally appear as a debit on the buyer's statement - Correct Answer ️️ -intangible tax on a new mortagage Single entry items - Correct Answer ️️ -must be accounted for in the broker's statement Which entry would appear as a credit on the seller's closing statement -...