Fl title exam 1 - Study guides, Class notes & Summaries

GOLD COAST FINAL EXAM STUDY SET for 4/11 [100% Correct] 1 acre is how many square feet? *Ans* 43,560 A broker is entitled to compensation if they... *Ans* bring a buyer who brings an offer the seller was looking for A buyer drops off an escrow check on Monday. To avoid any trouble with FREC, the broker must deposit the check by close of business on which day? *Ans* Thursday A spouse who is left out of a will can claim? *Ans* Elective share 30% Abstract Continuation *Ans* history of ti...

Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a...

FL CAM Practice Exam #1 Questions and Answers 100% AccurateFL CAM Practice Exam #1 Questions and Answers 100% AccurateFL CAM Practice Exam #1 Questions and Answers 100% Accurate After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 - ANSWER-C. A type of joint ownership of real estate where legal...

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

FL Pre-License Sales Course (FREC Course 1) Exam Study. Complete Verified Solution. title collection of rights person has in ownership of real property alienation transfer By Operation of Law the courts have intervened Condemnation court action used when right of eminent domain is exercised Lis Pendens pending litigation Opinion of Title title meets all ownership needs and has no questions in its history Abstract history Cloud question about the title Certificate of Title Att...

FL CAM Practice Exam 1 Questions And Correct Answers. Complete Solution 2024 After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit, is a: A. mob...

FL CAM License Exam Questions And Correct nswers, Fall 2023. Complete Verified Solution. 1. Condominium form of ownership is comprised of units owned by one or more persons and joint ownership of ________ share in the common elements. A. a percentage B. an undivided C. a proportional D. a complete B. an undivided Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements as well as mandatory membership in the association....

FL CAM License Exam Questions And Correct Answers, With Complete Verified Solution. Over 400 Questions And Answers With Rationale. Graded A+ 1. Condominium form of ownership is comprised of units owned by one or more persons and joint ownership of ________ share in the common elements. A. a percentage B. an undivided C. a proportional D. a complete B. an undivided Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements...

1 REAL ESTATE EXAM FL SALES ASSOCIATE QUESTIONS AND ANSWERS, VERIFIED/ Absentee Owner - -A property owner who does not reside on the property and who usually relies on a property manager to oversee the investment Abstract of Title - -A compilation of the recorded documents relating to a parcel of land from which an attorney may give an opinion as to the condition of title (a history of title) Acceleration Clause - -A condition in a loan contract that permits the lender to require immedi...

Fl Cam License Final Exam Test 2024/2025 1. Condominium form of ownership is comprised of units owned by one or more persons and joint ownership of ________ share in the common elements. A. a percentage B. an undivided C. a proportional D. a complete - CORRECT ANSWER-B. an undivided Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements as well as mandatory membership in the association. 2. Under the General Corpo...