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GOLD COAST FINAL EXAM STUDY SET FOR 4/11 QUESTIONS WITH 100% CORRECT ANSWERS | ESTUDY LATEST, ALL ANSWERED 100% $13.99
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GOLD COAST FINAL EXAM STUDY SET FOR 4/11 QUESTIONS WITH 100% CORRECT ANSWERS | ESTUDY LATEST, ALL ANSWERED 100%
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GOLD COAST FINAL EXAM STUDY SET FOR 4/11 QUESTIONS WITH 100% CORRECT ANSWERS | ESTUDY LATEST, ALL ANSWERED 100%

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  • November 2, 2024
  • 21
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • gold coast final exam study set for 411 questions

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  • Gold Coast renewal 45 hours real estate license
  • Gold Coast renewal 45 hours real estate license

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ESTUDY



GOLD COAST FINAL EXAM STUDY SET FOR 4/11
QUESTIONS WITH 100% CORRECT ANSWERS |
ESTUDY LATEST, ALL ANSWERED 100%

1. **What areas should a realtor be an expert in?**

- A) Social Media and Networking

- B) Marketing, Valuation & Market Conditions, Property Transfer

- C) Financial Planning

- D) Home Staging

- **ANSWER:** B) Marketing, Valuation & Market Conditions, Property Transfer



2. **Do you need to be a resident of Florida or a U.S. citizen to obtain a Florida real estate license?**

- A) Yes, you must be a resident

- B) Yes, you must be a citizen

- C) No, you do not need to be a citizen

- D) No, residency is not required

- **ANSWER:** C) No, you do not need to be a citizen



3. **What must an applicant for a real estate license do if they have been convicted of a crime?**

- A) Apply for a waiver

- B) Disclose all convictions

- C) Wait five years to apply

- D) Seek legal advice

- **ANSWER:** B) Disclose all convictions

,ESTUDY




4. **What is the employment restriction for a real estate associate?**

- A) Can work for multiple employers

- B) Can only have one employer at a time

- C) Can work independently without a broker

- D) Must be self-employed

- **ANSWER:** B) Can only have one employer at a time



5. **What is the grace period for a sales associate's first renewal (Post Licensing)?**

- A) 6 months

- B) 1 year

- C) No grace period; it is void and null

- D) 30 days

- **ANSWER:** C) No grace period; it is void and null



6. **Who is exempt from licensure?**

- A) Independent Contractors

- B) Salaried Employees

- C) Retired Individuals

- D) Part-time Workers

- **ANSWER:** B) Salaried Employees



7. **How long can someone stay involuntarily inactive?**

- A) 1 year

- B) 2 years

, ESTUDY


- C) 3 years

- D) Indefinitely

- **ANSWER:** B) 2 years



8. **What happens to an associate's license if a broker's license is void, suspended, or revoked?**

- A) It remains active

- B) It automatically becomes inactive

- C) It can be transferred to another broker

- D) It becomes invalid for new transactions

- **ANSWER:** B) It automatically becomes inactive



9. **When can multiple licenses be issued?**

- A) To any licensed agent

- B) Only to active brokers if it is demonstrated that additional licenses are necessary for legitimate
business

- C) To brokers with a certain number of sales

- D) To agents after one year of experience

- **ANSWER:** B) Only to active brokers if it is demonstrated that additional licenses are necessary for
legitimate business



10. **What is a Transaction Broker?**

- A) A broker representing only the seller

- B) A broker providing full representation to buyers and sellers

- C) A broker who provides limited representation to a buyer, seller, or both in a real estate
transaction

- D) A broker specializing in rentals

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