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

Florida Real Estate Pre-Licensing Exam | with complete solution 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 information about - income...

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 Administrative Hearings (DOAH Rules), Florida Administrative Code (F.A.C.) Chapter 61J2 - ...

Florida Real estate exam chapter 2 Questions and Answers 100% Pass Caveat emptor - Correct Answer ️️ -Let the buyer beware RE license law - Correct Answer ️️ -1923. Chapter 475 of the Florida statutes. Passed by the Florida legislature. 3 regulatory bodies - Correct Answer ️️ -DBPR (over many industries) DRE (Real estate) FREC DRE - Correct Answer ️️ -Division of RE provides support services to the commission. It's under the Department of Business and Regulation. Sales...

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 and Occupations Chapter 28, Sections 101-110 - correct answer -Division of Admini...

Executive Branch of Florida Government (including the DBPR) - Answer Florida Statue Chapter 20 The law is often referred to as the Real Estate Practice Act - Answer Florida Statute Chapter 475 The law that was established for Real Estate Brokers, sales associates, and appraisers - Answer Florida Statue Chapter 475 Part I of the Florida statue 475 pertains to: - Answer Real estate brokerages Part II of the Florida Statue 475 pertains to: - Answer Real estate appraisers and sets for th...

Florida Real Estate State Exam Prep Rated 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 Administrative Hearings (DOAH Rules), Florida Ad...

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 and Occupations Chapter 28, Sections 101-110 - correct answer -Division of Admini...

Florida Real Estate Exam Questions Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 1) $1,050.00 2) $1,260.00 3) $630.00 4) $525.00 - ANS $1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heather has been using a ...

FL REAL ESTATE CHAPTER 1 Questions and answers, review Questions and answers/ rated A+ 1. Which of the following statements is true regarding a mortgage loan originator (MLO)? (a) A mortgage loan originator is the same as a mortgage broker. (b) A mortgage loan originator must have a separate license. (c) A mortgage loan originator makes loans. (d) A mortgage loan originator must have a real estate license. - Your answer: B Mortgage loan originators (MLOs) are individuals or businesses...

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...