45 hour post license florida exam newest 2024 actu
45 hour post license florida exam newest 2024 act
45 hour post license florida exam newest 2024 actu
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45 Hour Post License Florida
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45 Hour Post License Florida
EXAM NEWEST 2024 ACTUAL
EXAM QUESTIONS AND
CORRECT DETAILED
ANSWERS VERIFIED
ANSWERS ALREADY GRADED
A+
,Farming - CORRECT ANSWER-Concentrating on one type of
style of property or on one particular neighborhood
A residential transaction os defined in F.S. 475 as the sale of
any: - CORRECT ANSWER-- Duplex
- improved residential property of four units or fewer,
including condominium units
-unimproved property intended for four units or fewer
- agricultural properties of ten acres or less
- leases with options to purchase all or a portion of improved
property of four or fewer residential units
- dispositions of business interests for property of four or
fewer residential units
What is an Open Listing? - CORRECT ANSWER-When an
owner agrees to pay a commission to any broker who
provides a buyer willing to purchase the property under a
price and terms agreeable to the owner.
An open listing is a _______ or _______ contract. - CORRECT
ANSWER-One-sided or unilateral
,In an exclusive agency or exclusive listing - CORRECT
ANSWER-the owner reserves the right to sell the property
himself or herself, in which case the owner will owe no
commission to the listing broker.
, An Exclusive Right of Sale Listing - CORRECT ANSWER-must
be in writing and signed. The owner can only list with one
broker and the owner agrees to pay the listing broker
regardless of who actually finds the buyer.
Industrial Properties include _______ and ___________
facilities - CORRECT ANSWER-warehouses and
manufacturing
A _________ __________ is a condominium unit that is
subdivided into ownership time periods. - CORRECT
ANSWER-timeshare property
Timeshare ownership includes the right to use the property
for some period-of-time, sometimes referred to as
___________ _____________. - CORRECT ANSWER-interval
ownership
absentee owners - CORRECT ANSWER-owners who buy
income property as investments and depend on
professionals to manage them
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