Exam (elaborations)
45 hour post license real estate florida Questions And Answers Graded A+ 2024/2025
- Course
- Institution
45 hour post license real estate florida Questions And Answers Graded A+ 2024/2025
[Show more]
Content preview
45 hour post license real estate floridaAn financial restoration is described as
A)
two successive quarterly declines within the gross domestic product.
B)
two successive quarterly increases inside the gross home product.
C)
a period of better housing charges.
D)
two successive periods of stock market gains. - ANSB)
two successive quarterly increases within the gross domestic product.
Explanation
When clients, lured by means of lower fees, challenge lower back into the marketplace,
enterprise interest increases and confidence starts to return. Slowly, production centers gear
up to fulfill the brand new purchaser demand, capital starts to drift again into business
organizations, and extra personnel are employed.
The three styles of running charges of an earnings belongings are
A)
fixed, debt carrier, and reserves for replacements.
B)
reserves for replacements, fixed, and variable.
C)
variable, income taxes, and stuck.
D)
reserves for replacements, variable, and profits taxes. - ANSB)
reserves for replacements, constant, and variable.
Explanation
Operating prices are divided into three categories: constant costs, variable prices, and
reserves for replacement.
A person applies for a $three hundred,000, 30-yr fixed-rate mortgage loan at 4%. The loan
payment aspect is .00477415. Taxes for the 12 months are $four,000, and insurance is
$2,400. Her month-to-month price for foremost, interest, taxes, and insurance (PITI) could
be
A)
$1,432.25.
B)
$1,773.Sixty four.
C)
$1,273.Sixty four.
D)
,$1,965.Fifty eight. - ANSD)
$1,965.Fifty eight.
58. $three hundred,000 × .00477415 = $1,432.25 major and interest. $four,000 taxes ÷ three
hundred and sixty five days = 333.33. $2,four hundred insurance ÷ 12 months = two
hundred. $1,432.25 + $333.33 + $2 hundred = $1,965.58 general PITI.
A income companion receives a good-faith deposit from a purchaser on Wednesday. The
dealer must deposit the budget into the escrow account no later than the subsequent
A)
Tuesday.
B)
Monday.
C)
Thursday.
D)
Friday. - ANSB)
Monday.
FREC policies require that the income associate ought to provide the broking the budget
inside one business day. The broking should deposit the budget in a bank within 3
commercial enterprise days.
The minimal legal description for a platted subdivision would consist of
A)
road cope with, lot and block quantity, and subdivision name.
B)
county, lot and block wide variety, name of subdivision, and lot dimensions.
C)
subdivision name, county, reference to segment, township, and range.
D)
subdivision call, county, lot and block wide variety, plat book and page range. - ANSD)
subdivision call, county, lot and block range, plat ebook and page quantity.
Antitrust legal guidelines
A)
permit agents to boycott cut-charge brokers' listings.
B)
prohibit commercial advertising and marketing in faxes.
C)
allow brokers to cut up up market areas.
D)
limit rate fixing. - ANSD)
restrict rate solving.
Explanation
Some of the prohibited moves underneath antitrust legal guidelines include:
, conspiracy to set fees;
splitting up aggressive marketplace regions;
conspiring to boycott reduce-charge brokers or otherwise interfering with their commercial
enterprise; and
requiring a minimal fee before allowing listings to be circulated in any carrier, which include
via an MLS.
Hearing, knowledge, and assessment are part of what sort of talent set?
A)
Oral
B)
Written
C)
Nonverbal
D)
Listening - ANSD)
Listening
What are the requirements for people worrying lead-based paint in a house?
A)
The proprietor have to depart the house vacant for no less than 30 days after cleanup.
B)
The person ought to have taken a 45-hour course in radon gas remediation.
C)
Lead-based paint might not be disturbed by means of regulation.
D)
The character ought to be licensed and follow unique paintings tactics. - ANSD)
The character need to be licensed and follow unique work strategies.
The Civil Rights Act of 1866 prohibits discrimination based on
A)
race, color, religion, intercourse, national origin, own family status, or handicap.
B)
sexual preference.
C)
faith.
D)
race. - ANSD)
race.
In order to make a hit prospecting calls, a sales partner must
A)
call from the telephone e book with out getting access to the do-no longer-name registry.
B)
be consistent, making them at the identical time each day.
C)
lead them to at random hours on one-of-a-kind days.
D)
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 Tutor96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73314 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now