GOLD COAST
Liberty University
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Gold Coast FINAL EXAM STUDY SET for 4/11 2023 Questions and Answers with complete solution
- Exam (elaborations) • 8 pages • 2023
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what are the the areas a realtor should be an expert in? - CORRECT ANS 
Marketing 
Valuation & Market Conditions 
Property Transfer 
"MVP" 
Does one need to be a resident of the state or a citizen of the U.S. to get a FL real 
estate license? - CORRECT ANS to get a FL real estate license, you don't need 
to be a citizen 
What must an applicant for a real estate license do if he has been convicted of a 
crime? - CORRECT ANS must disclose all convictions 
Employment - CORRECT ANS an associate c...
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Gold Coast Final Exam 2023 Questions and Answers with complete solution
- Exam (elaborations) • 3 pages • 2023
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What is the form you sign that says you will pay the loan back ? - CORRECT ANS 
promissory note 
What is the post licensing grace period after first expiration ? - CORRECT ANS 
none 
Deposits is a form of... - CORRECT ANS valuable consideration 
Physical land and improvements - CORRECT ANS real property 
Is it a violation if a sales associate work for two brokers Monday-Friday, and 
Saturday and Sunday and getting paid commission from both - CORRECT ANS 
Yes 
What is the maximum fine per offense...
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Gold Coast 45 Hour Exam Questions(exam version H 2023) With complete verified solution
- Exam (elaborations) • 7 pages • 2023
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1. Property managers who are employed and compensated by community associations are 
required to obtain and maintain which type of license?: -CAM 
2. Whatterm is used forthe practice ofspecializing in one particularresiden-tial neighborhood or 
type of property?: Farming 
3. empty: 
4. upon closing a sales transaction who pays the sales associate their con-tracted commission?: 
Employing Broker 
5. Home sold for $250k with a garage, a home sold in the area for $230k withno garage. From this 
inf...
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