Gold coast Study guides, Class notes & Summaries

Gold Coast School Real Estate Questions (Chapter1-19) 100% Accurate 1. The real estate market is local in nature what does that mean? - ANSWER 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 the public in t...

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Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broker in a single agency relationship - Answer- Who is the ...

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 Residential Transaction (Ch. 1) F.S 475 The sale of any improved residential property of 4 units or f...

1. The real estate market is local in nature what does that mean? - ANSWER 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 the public in the performance of specified services of real estate C. Following up wi...

Gold Coast Real Estate Practice Final Exam (Questions/Answers) Realtor Correct Ans - 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 ? Correct Ans - $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 Correct Ans - 3,000 what i...

1. Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license?: -CAM 2. Whatterm is used forthe practice ofspecializing in one particularresiden-tial neighborhood or type of property?: Farming 3. empty: 4. upon closing a sales transaction who pays the sales associate their con-tracted commission?: Employing Broker 5. Home sold for $250k with a garage, a home sold in the area for $230k withno garage. From this i...

1. Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license?: - CAM 2. What term is used for the practice of specializing in one particular residen- tial neighborhood or type of property?: Farming 3. empty: 4. upon closing a sales transaction who pays the sales associate their con- tracted commission?: Employing Broker 5. Home sold for $250k with a garage, a home sold in the area for $230k with no garage. From this...

What is the form you sign that says you will pay the loan back ? -ANSWER promissory note What is the post licensing grace period after first expiration ? -ANSWER none Deposits is a form of... -ANSWER valuable consideration Physical land and improvements -ANSWER real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both -ANSWER Yes What is the maximum fine per offense ? -ANSWER $5,000 per fi...

Gold Coast RE 1001 Cram, Practice Math And Final Exam Complete Questions And Answers Gold Coast RE 1001 Cram, Practice Math And Final Exam Complete Questions And Answers