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Bob Hogue Unit 5 QUESTIONS & ANSWERS SOLVED 100%
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Bob Hogue Unit 5 QUESTIONS & ANSWERS SOLVED
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Bob Hogue Unit 5 QUESTIONS &ANSWERS SOLVED
branch .office .- .(correct .answer) .-
Broker .who .wants .to .do .business .from .additional .locations .must .register .it .as ....
not .transferable .
new .branch .must .be .registered .with .DBPR .and .fees .paid
Advertising .- .(correct .answer) .-Must .be .done .in .brokers .name. .
office .signs .must .be .easy .to .read .
must .include .trade .name, .brokers .name, .and .the .words ."licensed .real .estate .broker"
Team .advertising .- .(correct .answer) .-
The .name .or .logo .used .by .one .or .more .licensees .who .represent .themselves .to .the .public .as .a .team
.(or .group).
Blind .advertisement .- .(correct .answer) .-
An .advertisement .that .does .not .include .the .name .and .address .of .the .person .placing .the .ad; .an .ad .t
hat .lists .only .a .phone .number .or .post .office .box .address
false .ads .- .(correct .answer) .-Misdemeanor .
frec .rules .ads .cannot .be .misleading
Point .of .contact .information .- .(correct .answer) .-
Any .means .by .which .to .contact .the .brokerage .firm .or .individual .licensee .including .mailing .address(e
s), .physical .street .address(es), .e-
mail .address(es), .telephone .number(s), .or .facsimile .telephone .number(s).
Name .of .brokerage .must .be .adjacent .or .immediately .above
, Telephone .solicitation .- .(correct .answer) .-
The .initiation .of .a .telephone .call .for .the .purpose .of .encouraging .the .purchase .of, .or .investment .in, .
property, .goods, .or .services.
florida .law: .
no .solicitation .calls .
only .call .8am .till .9pm .
FSBO .exception
escrow .account .- .(correct .answer) .-an .account .where .money .is .held .in .trust .until .it .can .be .delivered
.to .a .designated .party
Trust .Fund .Account .- .(correct .answer) .-- .a .separate .checking .account .used .to .hold .clients' .money.
Brokers .may .maintain .their .escrow .- .(correct .answer) .-Florida .banks .
Savings .association .
Credit .Union
Management .of .Escrow .Accounts .- .(correct .answer) .-Brokers .to .be .signatory .on .all .their .accounts .
escrow .accounts .must .be .reconciled .each .month .
designated .bookkeeper .to .sign .checks
Commingling .- .(correct .answer) .-
Illegally .mixing .deposits .or .monies, .collected .from .a .client, .with .one's .personal .or .business .account. .
Taking .money .out .too .soon .or .putting .it .into .escrow .too .late .(10 .banking .days).
Conflict .of .good .faith .- .(correct .answer) .-
Brokers .must .notify .FREC .of .conflicting .good .faith .doubts .within .15 .business .days
Settlement .Procedures .- .(correct .answer) .-MALE .
(mediation, .arbitration, .litigation, .escrow .disbursement .order)
30 .days
Escrow .disbursement .order .(EDO) .- .(correct .answer) .-
A .course .of .action .for .determining .the .disposition .of .a .contested .deposit.
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