Gold Coast real estate 63-hour course
Questions and All Correct Answers.
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
Sales associate first renewal - Answer No grace period, 45 hr post license
Continuing Education - Answer Required if not met within the renewal, licensees license
status will be changed to involuntary
Attorneys-in-fact - Answer persons who are granted authority under a power of attorney to
act for others in some capacity, such as signing a document.
Salaried Employee referral - Answer Up to $50.00
Powers of the Department - Answer Injuction
executive powers clause - Answer Powers can be exercised by the chairperson acting alone
What are three powers of comission - Answer Executive, quasi-legislative,quasi judicial
Disciplinary Authority of commission - Answer Commission may deny an application for
licensure for violation of F.S.475 ie. reprimand, $5,000, 10 years suspension, permanently
revoked license
Brokers license suspended or revoked - Answer All employed automatically inactive
Questions and All Correct Answers.
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
Sales associate first renewal - Answer No grace period, 45 hr post license
Continuing Education - Answer Required if not met within the renewal, licensees license
status will be changed to involuntary
Attorneys-in-fact - Answer persons who are granted authority under a power of attorney to
act for others in some capacity, such as signing a document.
Salaried Employee referral - Answer Up to $50.00
Powers of the Department - Answer Injuction
executive powers clause - Answer Powers can be exercised by the chairperson acting alone
What are three powers of comission - Answer Executive, quasi-legislative,quasi judicial
Disciplinary Authority of commission - Answer Commission may deny an application for
licensure for violation of F.S.475 ie. reprimand, $5,000, 10 years suspension, permanently
revoked license
Brokers license suspended or revoked - Answer All employed automatically inactive
