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FLORIDA REAL ESTATE - UNIT 1 KEY TERMS QUESTIONS AND ANSWERS 100% PASS

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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 deve...

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Florida Real Estate exam chapter 8 Questions and Answers 100% Pass

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Florida Real Estate exam chapter 8 Questions and Answers 100% Pass Nature of property - Correct Answer ️️ -Allodial system allocates full property ownership rights to private individuals. Grew out of English feudal system. 1. Land 2. Real estate 3. Real property Physical components of lan...

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Florida real estate contracts Chapter 11 Questions and Answers 100% Pass

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Florida real estate contracts Chapter 11 Questions and Answers 100% Pass Defines the parties legal relationship and spells out their rights and duties - Correct Answer ️️ -Contract To drop the wording of legal documents or legal instruments for other is considered what? - Correct Answer ️...

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Florida Real estate exam chapter 2 Questions and Answers 100% Pass

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Florida Real estate exam chapter 2 Questions and Answers 100% Pass Caveat emptor - Correct Answer ️️ -Let the buyer beware RE license law - Correct Answer ️️ -1923. Chapter 475 of the Florida statutes. Passed by the Florida legislature. 3 regulatory bodies - Correct Answer ️️ -DBPR ...

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Florida Real Estate Broker Exam Questions and Answers 100% Pass

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Florida Real Estate Broker Exam Questions and Answers 100% Pass Technical skills - Correct Answer ️️ -Skills that include time management, preparing Cmas, and completing contracts. Desk cost - Correct Answer ️️ -Dividing total office expenses by number of sales associates Institutional...

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Florida Real Estate - Chapter 8 - Property Rights Questions and Answers 100% Pass

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Florida Real Estate - Chapter 8 - Property Rights Questions and Answers 100% Pass Real property - Correct Answer ️️ -includes all real estate plus the bundle of rights inherent in the ownership. * term interchangeable with real estate. riparian rights - Correct Answer ️️ -associated with...

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Florida Real Estate Chapter 12 review questions with 100% correct answers

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Florida Real Estate Chapter 12 review questions with 100% correct answers This refers to pledging of property as security for payment of a loan without surrendering possession of the property - Correct Answer ️️ -hypothecation What are the 2 instruments involved in a mortgage loan - Correct ...

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florida real estate exam practice chapter 5 Questions and Answers 100% Pass

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florida real estate exam practice chapter 5 Questions and Answers 100% Pass a sales associate licenced with a real estate brokerage corporation can be - Correct Answer ️️ -a stokeholder six induviduls decide to form a real estate brokerage partnership. all six induviduls are planning to be ...

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Florida Real Estate License Law Questions and Answers 100% Pass

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Florida Real Estate License Law Questions and Answers 100% Pass Chapter 475 - Correct Answer ️️ -Real Estate License Law 1. Real Estate Brokerage 2. Appraisal 3. Commercial Sales Lien Rights 4. Commercial Leasing Lien Rights Chapter 455 - Correct Answer ️️ -Regulation of Business and ...

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Unit 4: Florida Real Estate Exam Questions and Answers 100% Pass

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dual agency - Correct Answer ️️ -Representing both principals in a transaction (not a legal agency relationship in Florida). dual agent - Correct Answer ️️ -A broker who represents as a fiduciary both the buyer and the seller in a residential real estate transaction; dual agency is illega...

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Florida real estate exam chapter 14 Questions and Answers 100% Pass

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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 ️️ -int...

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Florida real estate business exam questions and answers 100% pass

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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 les...

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Florida Real Estate chapter 11 review questions with 100% correct

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Florida Real Estate chapter 11 review questions with 100% correct Which group of legal instruments may legally be prepared by a licensed real estate broker? - Correct Answer ️️ -Listing agreements, buyer brokerage agreements, Sale contracts, and option contracts. Failure to comply with the ...

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Florida Real Estate Chapter 3 Questions and Answers 100% Pass

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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 ...

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FL Exam sec 11 - Real Estate Contracts 12% Questions and Answers 100% Pass

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FL Exam sec 11 - Real Estate Contracts 12% Questions and Answers 100% Pass Contracts (in general) - Correct Answer ️️ -agreement between two or more parties to do or not to do certain things -valid -contains all valid essentials -void - lacks one essential -voidable - maybe valid or void b...

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FL REAL ESTATE SALES ASSOCIATE EXAM REVIEW 2024 QUESTIONS AND ANSWERS 100% PASS

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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 o...

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Florida Real Estate Exam Questions and Answers 100% Pass

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Florida Real Estate Exam Questions and Answers 100% Pass Samuel wants to do a 1031 exchange. He sold his investment property and has identified the property he'd like to buy next. Within how many days must he close on this property in order for it to qualify as part of the exchange? - Correct A...

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Florida Real Estate Chapter 1 Review Questions and Answers 100% Pass

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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...

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Florida Real estate exam chapter 1 Questions and Answers 100% Pass

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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 Knowl...

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Florida Real Estate Exam Questions and Answers 100% Pass

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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...

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Florida Real Estate Vocabulary Questions and Answers 100% Pass

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Florida Real Estate Vocabulary Questions and Answers 100% Pass Assignor - Correct Answer ️️ -A person who transfers a legal right to another Grantor - Correct Answer ️️ -Party giving the deed that conveys title Grantee - Correct Answer ️️ -Party receiving the deed and acquiring the t...

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FL REAL ESTATE LAWS QUESTIONS AND ANSWERS 100% PASS

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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 unpri...

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Unit 1: Florida Real Estate Exam Questions and Answers 100% Pass

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Unit 1: Florida Real Estate Exam Questions and Answers 100% Pass Absentee Owner - Correct Answer ️️ -An owner who does not reside on the property and who usually relies on a property manager to supervise the real estate Agricultural, 10 - Correct Answer ️️ -___ property is defined in Flo...

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Real Estate Exam FL Sales Associate Questions and Answers 100% Pass

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Real Estate Exam FL Sales Associate Questions and Answers 100% Pass Absentee Owner - Correct Answer ️️ -A property owner who does not reside on the property and who usually relies on a property manager to oversee the investment Abstract of Title - Correct Answer ️️ -A compilation of the ...

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Florida Real Estate STATE exam Questions and Answers 100% Pass

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Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agent...

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Florida Real Estate Exam Practice Questions 2024 Questions and Answers 100% Pass

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Florida Real Estate Exam Practice Questions 2024 Questions and Answers 100% Pass Which statement is true regarding the use of the term REALTOR? A. All real estate licensees are realtors B. All realtors are members of the NAR C. The term real estate licensee and realtor may be used interchangeab...

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Florida Real Estate Class Final Exam Questions and Answers 100% Pass

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Florida Real Estate Class Final Exam Questions and Answers 100% Pass A Business Broker - Correct Answer ️️ -Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate Follow-Up is - Corre...

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