Gold Coast Real Estate Exam Questions
and Answers (120 Questions) Latest
2024
When a dev. Acquired land, records a plat map and uses a
model center from which sales may be made - Correct
Answer ✅ Tract building
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 - Correct Answer ✅ Local level
A licensed broker working for another broker - Correct
Answer ✅ Broker associate
A florida real estate license applicant must be a resident and
citizen (true or false) - Correct Answer ✅ False
You have 21 days to send a formal letter to the department
for a hearing if: - Correct Answer ✅ Application Denial
How mang brokers can a sales or broker associate work for -
Correct Answer ✅ One
,Gold Coast Real Estate Exam Questions
and Answers (120 Questions) Latest
2024
No grace period - Correct Answer ✅ Post license
requirements
No grace period - Correct Answer ✅ Sales associate first
renewal
Attorney in fact/ Attorney at Law - Correct Answer ✅
Exempt from licensure
My perform legal services on behalf ofntheir clients; they may
prepare documents, handle closings, and give legal advice. -
Correct Answer ✅ Attorneys at law
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 - Correct Answer ✅ Involuntary inactive
,Gold Coast Real Estate Exam Questions
and Answers (120 Questions) Latest
2024
A license may remain in involuntary inactive status for no
longer than - Correct Answer ✅ 2 years
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 - Correct Answer ✅ Special Agent
A broker has a buty to transmit any and all offers to the
employer including oral offers or offers made without a binder
deposit - Correct Answer ✅ Presenting offers
A transaction broker provides what kind of representation -
Correct Answer ✅ Limited
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. - Correct
Answer ✅ Single agent
, Gold Coast Real Estate Exam Questions
and Answers (120 Questions) Latest
2024
In a single agency relationship, the employer becomes the -
Correct Answer ✅ Principal
Non Representation or (No Brokerage Relationship can also
be called) - Correct Answer ✅ For sale By owner
For sale by owner can also be called - Correct Answer ✅
FSBO
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 - Correct
Answer ✅ Stationary Construction
Licencees should make clear that they are dealing on their
own account and not acting on the behalf of - Correct
Answer ✅ Others
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