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?
$396
When must a written no brokerage relationship notice be provided to customers?
Before showing homes that are listed
Which of the following cannot be used by the federal reserve to change or control tHe money supply
Alter income tax rates
A broker has an exclusive right of sale listing to sell an owner,s propertY with no others authority
granted .what type of agency does the broker have with the principal?
Special agency
A licensee is being disciplined by the FREC for multiple violations of f.s.475 which penalty may the
commission not impose?
A fine not go exceed 5,000 and or imprisonment not to exceed one year
A judgment is awardes against a licensee for 100,000.what is rhe maximum the complainnant may be
compensated fromthe realestate recovery fund?
50%
What terms is applies to the practice of keepi low-income people out of a psrticular neighborhood?
Exclusionary zoning
A transactionbroker
Owes limited confidentiality to both parties
Foreclosureon the propedty teenan redeem in home what is term
Statutory right of redemption
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?
$396
When must a written no brokerage relationship notice be provided to customers?
Before showing homes that are listed
Which of the following cannot be used by the federal reserve to change or control tHe money supply
Alter income tax rates
A broker has an exclusive right of sale listing to sell an owner,s propertY with no others authority
granted .what type of agency does the broker have with the principal?
Special agency
A licensee is being disciplined by the FREC for multiple violations of f.s.475 which penalty may the
commission not impose?
A fine not go exceed 5,000 and or imprisonment not to exceed one year
A judgment is awardes against a licensee for 100,000.what is rhe maximum the complainnant may be
compensated fromthe realestate recovery fund?
50%
What terms is applies to the practice of keepi low-income people out of a psrticular neighborhood?
Exclusionary zoning
A transactionbroker
Owes limited confidentiality to both parties
Foreclosureon the propedty teenan redeem in home what is term
Statutory right of redemption
