Florida real estat Study guides, Class notes & Summaries

Florida Real Estate Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Florida Real estate sales associates that desire to become brokers must wait _______ ________ before taking the state exam. Answer: one year Q: A tenant in an apartment complex may recieve up to ______ for refferal of a new tenant for the same complex. Answer: $50 Q: ________ ________ education must be completed during the initial sales associates's license p...

FLORIDA REAL ESTATE CLASS FINAL /REAL FLORIDA ESTATE FINAL PRACTICE TEST ACTUAL EXAM 2024 ACTUAL 245 QUESTION AND CORRECT DETAILED ANSWERS RATED A GRADE.GUARANTEED PASS 100%.

Florida Real Estate Final Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Already Graded A Q: For all intents and purposes, subagents are agents of the _______. Answer: a. Buyer b. Seller c. The buyer's broker d. The listing broker b. Although a subagent may bring an unrepresented buyer to the transaction, the subagent is an agent of the seller. Q: Can a new licensee specialize in the sale of farm and ranch property? Answer: a. Not until...

Florida Real Estate Exam 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 - correct answer -$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 roadway...

FLORIDA REAL ESTATE POST-LICENSING EDUCATION CH 3-14, POST RE LICENSE EXAM – FLORIDA

Florida Real Estate Exam / Florida Real Estate Exam 2024 - 2025 with 100% correct answers GRADED A+ Samuel wants to do a 1031 exchange. He sold his investment property and has identified the property he'd like to buy next. Within how many days must he close on this property in order for it to qualify as part of the exchange? - ANS-a. 180 b. 30 c.45 d.60 a. He has 45 days to identify a property he would like to purchase and 180 days to close on it, from time of sale. In which for...

Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 3&4 Sue the broker Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broke...

Florida Real Estate Exam 1031 tax-deferred exchange - Answer- Section 1031 of the Internal Revenue Code allows the owner of real property to sell that property and then reinvest in a "like-kind" property and defer paying any capital gains taxes; strict IRS rules regulate this type of exchange Ex. Real estate investors can take advantage of the 1031 tax-deferred exchange to defer capital gains taxes when selling a property, provided the money is rolled into another "like" purchase a...

Florida Real Estate 2024 Questions and Answers 100% Pass Brokers who list and sell smaller businesses are - Correct Answer ️️ -business opportunity brokers. Before roadbuilding begins, a developer must submit a document to the local planning board for approval. The document is called a - Correct Answer ️️ -subdivision plat map. Investors who don't live on the properties they own are - Correct Answer ️️ -absentee owners. Real estate specialists who sell properties close to a...

Florida Real Estate Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Broker hiding value of property Could be charged with concealment Q: If office is closed, reopened, in same license period Answer: request a reissue- no fee Q: real estate taxes are Answer: Ad Valorem tax Q: The four factors of production Answer: land, labor, capital, and entrepreneurial ability Q: Maximum number of years on FREC ...