Gold Coast End of chapter Questions 1-19 with Correct Answers
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Course
2024/2025
Institution
2024/2025
Gold Coast End of chapter Questions 1-19
with Correct Answers
Which of the following statements is true regarding a mortgage loan originator? - Answer-A
mortgage loan originator must have a separate license.
A real estate appraiser's fee for professional service is based on which of the followi...
Which condition must exist for an applicant to qualify for a florida real estate license? -
Answer✔✔-The applicant must have a high school education or equivalent
Which of the following statements best describes an attorney-in-fact? - Answer✔✔-An attorney
in fact is authorized by a power of attorney to act for another
Which individual is exempt from the licensing requirements of Florida Statute 475? -
Answer✔✔-An attorney who performs legal duties in connection with a real estate transaction
Complete this statement. An actively licensed attorney who is a member in good standing with
the Florida Bar - Answer✔✔-Is excempt from continuing education requirements to maintain a
real estate license
What is a broker associate - Answer✔✔-A broker who is employed as a sales associate
Florida has an agreement with some other states that for licensees. What is the agreement
education and experience requirements recognizes the similarity in called? - Answer✔✔-Mutual
recognition
Which of the following statements is true regarding a plumber who has been appointed by a
court to appraise a small business? - Answer✔✔-The plumber may do so, and be paid a fee
All of the following individuals are exempt from the real estate license law, EXCEPT: -
Answer✔✔-Funeral directors performing duties of real estate for commission
A georgia broker with extensive experience in conducting auctions was asked by a local real
estate broker to auction did not result in a sale. The florida broker paid the georgia broker for
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