Timeshares continue - Study guides, Class notes & Summaries

TN Real estate-Timeshare Ownership Questions and Answers 100% Correct | Updated 2024

GRI Brokerage Exam Questions with 100% Correct Answers | Latest Version 2024 | Verified Over the years, the Code of Ethics has grown and changed, but it has maintained the basic premise on which it was written: - SERVICE TO THE PUBLIC. The structure of the Code of Ethics includes: - Preamble, Articles 1-9, is based on the Golden Rule, ALL OF THE ABOVE The Code of Ethics is reviewed how frequently? - ANNUALLY Which of the following is not true regarding implementation of the Cod...

Florida Community Association Manager Prelicensure Course 2023 updatedAfter purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 - correct answer C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit, is a:...

FL CAM Practice Exam 1 Questions And Correct Answers. Complete Solution 2024 After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit, is a: A. m...

The Board Of Realty Regulation Consists of how many members and how are the members appointed? - answer-7 members and are appointed by the governor What are the Civil and Criminal Penalties for those engaging in real estate without a license? - answer-Guilty of a misdemeanor First Offense will be fined b/t $100-$500 or imprisoned for 90 days or BOTH Subsequent Offense will be fined b/t $500-$2,000 or imprisoned for 6 months or BOTH What is the Real Estate Recovery Account? - answer--Wit...

After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 - Answer C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit, is a: A. mobile home. B. cooperative C. mandatory homeowners' association. D. ...

Florida Florida Real Estate Exam Practice Questions 2024 Which statement is true regarding the use of the term REALTOR? A. All real estate licensees are realtors B. All realtors are members of the NAR C. The term real estate licensee and realtor may be used interchangeably D. The Florida DBPR authorizes the use of the term realtor - ANS b. The term "follow-up" refers to a. returning calls in a timely manner. b. completing instructions given by one's broker. c. foll...

APPRAISAL EXAM 1 Basic Principles Q&A Correctly Solved 100% When are appraisers needed? *** to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser *** One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser *** competent, independent, impartial, objective, prompt, organized, educated, honest & diligent Appraiser...

Timeshares - A timeshare property is one in which there is multiple shared ownership or multiple shared use of a piece of real estate. More than a hotel room, timeshares are condominium-style units that typically consist of one to three bedrooms, multiple bathrooms, a full kitchen, and a living room. Timeshares CONTINUE - They're nearly always furnished, and amenities such as indoor and outdoor swimming pools are common. Timeshares are nearly always found in resort locations— when el...

Broker Zeke is busy and doesn't have time to go to the bank, so he deposits his client's earnest money funds into his personal account. He plans to move the funds to the appropriate account within a week. This violation is an example of ______. a. Commingling b. Contractural Interference c. Failure to disclose an agency relationship d. Performing services that would qualify as practice of law - Answer a. Commingling Which regulation sets forth the Virginia Real Estate Board's licens...