Gold Coast Real Estate BUNDLED Exams questions and verified correct answers

Tract building - correct answer When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - correct answer Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a...

Realtor - correct answer 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 answer $39,863.72 If the price of a lot $9 per squar...

What is Farming? - correct answer Agent dominates specific area/neighborhood/town Also known as door to door. What are the three areas sales associates must be experts in? - correct answer Must be experts in Valuation, Marketing, and Property Transfer What key knowledge must you have to be...

Farming - correct answer licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market - correct answer Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real es...

Prorating Rent - correct answer paid in advance monthly rent collected by the seller for the month must be divided between seller and buyer Areas of expert knowledge required for all real estate licensees? - correct answer 1. Property Transfer 2. Valuation 3. Marketing (Not accounting or...

what are the the areas a realtor should be an expert in? - correct answer Marketing Valuation & Market Conditions Property Transfer "MVP" Does one need to be a resident of the state or a citizen of the U.S. to get a FL real estate license? - correct answer to get a FL real estate license...

Involuntarily Inactive - correct answer When the licensee fails to complete the required continuing education and thereby cannot renew their license. Multiple Licenses - correct answer Under certain situations, licensees can have more than one license; A Multiple license can exist if a broker h...