Fl real estate chapter 2 - Study guides, Class notes & Summaries

FL REAL ESTATE CHAPTER 2 Questions And Answers Graded A+ 2024/2025

1. The Florida Real Estate Commission was first created in what year? (a) 1932 (b) 1925 (c) 1923 (d) 1919 Your answer: B The first Florida Real Estate Commission was created in 1925 to administer and enforce the law, streamlining the process by removing the necessity for court enforcement. Reference: Chapter 2, Real Estate License Law, History of the Law 2. What is the purpose of the real estate license law? (a) To protect the public (b) To protect licensees (c) To clarify the law ...

FL R.E.I. Pre License Exam Non-State TLO 1 Test Review Questions and Correct Answers. A developer submits a "___________-________________ ________________ ___________ to the "local legislative body" (county commission or city council) for approval. The __________ ___________ is then recorded in public records of the county A developer submits a "Sub-Division Plat Map" to the "local legislative body" (county commission or city council) for approval. The plat map is then recorded in pub...

1 FLORIDA REAL ESTATE STATE EXAM PREP QUESTIONS AND ANSWERS, GRADED A+ Joint Ventures - -is a temporary form of business arrangement often encountered in real estate business. Trade Names - -is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. - -Administrative Procedures Act Chapter 455, F.S. - -Regulation of Professional and Occupations Chapter 28, Sections 101-110 - -Division of Administrat...

FL REAL ESTATE LAWS QUESTIONS AND ANSWERS 100% PASS The Real Estate License Law - Correct Answer ️️ -1. Protect consumers from loss because of dishonest and incompetent real estate sales associates 2. Protect the good standing of ethical associates from the adverse publicity caused by unprincipled licensees Florida Real Estate Commission (FREC) - Correct Answer ️️ -consists of seven members appointed by the governor and confirmed by the state Senate. The Commission is composed of...

Florida Real Estate State Exam Prep Questions and Answers Joint Ventures - Correct Answer ️️ -is a temporary form of business arrangement often encountered in real estate business. Trade Names - Correct Answer ️️ -is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. - Correct Answer ️️ -Administrative Procedures Act Chapter 455, F.S. - Correct Answer ️️ -Regulation of Professional ...

Americans with Disabilities Act of 1990 - ️️removes barriers that prevent qualified individuals with disabilities from enjoying the same opportunities that are available to persons without disabilities. The Act prohibits discrimination in places of PUBLIC ACCOMIDATIONS and in commercial facilities. Accumulation of the Recovery Fund - ️️total of $1 million is the limit for fund at any one time. Accumulated by charging Licensees a Recovery Fund Fee when a new lic is issued or renewe...

Florida Real Estate Pre-Licensing Exam Review Questions and answers, VERIFIED/ There is a presumption in FL law that business have some sort of real property attached either land or physical improvements for this reason in FL for this reason a ____ is required. - a real estate license is required Which of the following evaluations needs a services or certified appraiser? - Appraisal from a federal loan To reduce potential liability real estate professional should avoid giving informa...

Florida Real Estate State Exam Prep Questions and Answers Joint Ventures - Correct Answer ️️ -is a temporary form of business arrangement often encountered in real estate business. Trade Names - Correct Answer ️️ -is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. - Correct Answer ️️ -Administrative Procedures Act Chapter 455, F.S. - Correct Answer ️️ -Regulation of Professional ...

Joint Ventures - Answer- is a temporary form of business arrangement often encountered in real estate business. Trade Names - Answer- is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. - Answer- Administrative Procedures Act Chapter 455, F.S. - Answer- Regulation of Professional and Occupations Chapter 28, Sections 101-110 - Answer- Division of Administrative Hearings (DOAH Rules), Florida ...