Exam (elaborations)
Gold Coast FINAL EXAM STUDY SET Questions and Answers (Latest Update 2024)
- Course
- Institution
Gold Coast FINAL EXAM STUDY SET Questions and Answers (Latest Update 2024)
[Show more]
Content preview
Gold Coast FINAL EXAM STUDY SETQuestions and Answers (Latest Update
2024)
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, you don't need to be a citizen
What must an applicant for a real estate license do if he has
been convicted of a crime? - Correct Answer ✅must
disclose all convictions
Employment - Correct Answer ✅an associate can only
have one employer at a time
,Gold Coast FINAL EXAM STUDY SET
Questions and Answers (Latest Update
2024)
What's the grace period for a Sales associate's first renewal?
Post Licensing - Correct Answer ✅no grace period, void
and null
Individuals who are exempt from licensure - Correct Answer
✅Salaried Employees
How long can one stay involuntary inactive? - Correct
Answer ✅2 years
What happens to an associates license if a broker's license is
void, suspended, or revoked? - Correct Answer ✅their
license automatically becomes inactive
Multiple Licenses - Correct Answer ✅issued only to active
brokers if it is clearly shown that such additional licenses are
necessary to the conduct of legitimate business
, Gold Coast FINAL EXAM STUDY SET
Questions and Answers (Latest Update
2024)
What is a Transaction broker - Correct Answer ✅a broker
who provides limited representation to a buyer, seller, or
both, in a real estate transaction
*not an AGENT*
Presenting Offers - Correct Answer ✅must present all
offers
A broker is entitled to compensation if they... - Correct
Answer ✅bring a buyer who brings an offer the seller was
looking for
Listing Contract - Correct Answer ✅broker's employment
contract that states the terms and conditions that the broker
must meet to become eligible for compensation
Referral Fees:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Allivia. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67866 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now