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 must be a resident and citizen (true or false)
Application Denial
You have 21 days to send a formal letter to the department for a hearing if:
One
How mang brokers can a sales or broker associate work for
Post license requirements
No grace period
Sales associate first renewal
No grace period
Exempt from licensure
Attorney in fact/ Attorney at Law
Attorneys at law
My perform legal services on behalf ofntheir clients; they may prepare documents, handle closings,
and give legal advice.
Involuntary inactive
An individual who does not request renewal of their second or subsequent lecense, pay the required
fees, or maintain their continuing education requirements will have their license placed in
2 years
A license may remain in involuntary inactive status for no longer than
Special Agent
, A special agent is authorized under agency law by the employer to perform a single act. The
employment contract between the employer and agent establishes the limit of authority granted
Presenting offers
A broker has a buty to transmit any and all offers to the employer including oral offers or offers made
without a binder deposit
Limited
A transaction broker provides what kind of representation
Single agent
this agency relationship is created when a broker accepts employment under a single agency
agreement. A broker may represent a seller or buyer , or a landlord or tenant.
Principal
In a single agency relationship, the employer becomes the
For sale By owner
Non Representation or (No Brokerage Relationship can also be called)
FSBO
For sale by owner can also be called
Stationary Construction
An active broker is required to have this open which must be registered with the department of
Business and Professional Regulation where Negotiations and the closing of real estate transactions
can be conducted with privacy
Others
Licencees should make clear that they are dealing on their own account and not acting on the behalf
of
Public
Licencees should make known their status as licencees to members of the
Serious negotiations
This Disclosure should be made prior to entering into
Deposit
A form of Money, personal property, real property, or anything of value that is capable of being
converted into cash.
Closing
Typically the deposit is intended as partial payment of the purchase price at?
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 must be a resident and citizen (true or false)
Application Denial
You have 21 days to send a formal letter to the department for a hearing if:
One
How mang brokers can a sales or broker associate work for
Post license requirements
No grace period
Sales associate first renewal
No grace period
Exempt from licensure
Attorney in fact/ Attorney at Law
Attorneys at law
My perform legal services on behalf ofntheir clients; they may prepare documents, handle closings,
and give legal advice.
Involuntary inactive
An individual who does not request renewal of their second or subsequent lecense, pay the required
fees, or maintain their continuing education requirements will have their license placed in
2 years
A license may remain in involuntary inactive status for no longer than
Special Agent
, A special agent is authorized under agency law by the employer to perform a single act. The
employment contract between the employer and agent establishes the limit of authority granted
Presenting offers
A broker has a buty to transmit any and all offers to the employer including oral offers or offers made
without a binder deposit
Limited
A transaction broker provides what kind of representation
Single agent
this agency relationship is created when a broker accepts employment under a single agency
agreement. A broker may represent a seller or buyer , or a landlord or tenant.
Principal
In a single agency relationship, the employer becomes the
For sale By owner
Non Representation or (No Brokerage Relationship can also be called)
FSBO
For sale by owner can also be called
Stationary Construction
An active broker is required to have this open which must be registered with the department of
Business and Professional Regulation where Negotiations and the closing of real estate transactions
can be conducted with privacy
Others
Licencees should make clear that they are dealing on their own account and not acting on the behalf
of
Public
Licencees should make known their status as licencees to members of the
Serious negotiations
This Disclosure should be made prior to entering into
Deposit
A form of Money, personal property, real property, or anything of value that is capable of being
converted into cash.
Closing
Typically the deposit is intended as partial payment of the purchase price at?
