Gold Coast Real Estate
Tract building - ANSWhen a dev. Acquired land, records a plat map and uses a model center
from which sales may be made
Local level - ANSPlanning, zoning, property taxation, building and health codes and regulations,
and building moratoriums that affect development play a significant role in the cost and
desirability of real estate
Broker associate - ANSA licensed broker working for another broker
False - ANSA florida real estate license applicant must be a resident and citizen (true or false)
Application Denial - ANSYou have 21 days to send a formal letter to the department for a
hearing if:
One - ANSHow mang brokers can a sales or broker associate work for
Post license requirements - ANSNo grace period
Sales associate first renewal - ANSNo grace period
Exempt from licensure - ANSAttorney in fact/ Attorney at Law
Attorneys at law - ANSMy perform legal services on behalf ofntheir clients; they may prepare
documents, handle closings, and give legal advice.
Involuntary inactive - ANSAn individual who does not request renewal of their second or
subsequent lecense, pay the required fees, or maintain their continuing education requirements
will have their license placed in
2 years - ANSA license may remain in involuntary inactive status for no longer than
Special Agent - ANSA special agent is authorized under agency law by the employer to perform
a single act. The employment contract between the employer and agent establishes the limit of
authority granted
Presenting offers - ANSA broker has a buty to transmit any and all offers to the employer
including oral offers or offers made without a binder deposit
Limited - ANSA transaction broker provides what kind of representation
, Single agent - ANSthis agency relationship is created when a broker accepts employment under
a single agency agreement. A broker may represent a seller or buyer , or a landlord or tenant.
Principal - ANSIn a single agency relationship, the employer becomes the
For sale By owner - ANSNon Representation or (No Brokerage Relationship can also be called)
FSBO - ANSFor sale by owner can also be called
Stationary Construction - ANSAn active broker is required to have this open which must be
registered with the department of Business and Professional Regulation where Negotiations and
the closing of real estate transactions can be conducted with privacy
Others - ANSLicencees should make clear that they are dealing on their own account and not
acting on the behalf of
Public - ANSLicencees should make known their status as licencees to members of the
Serious negotiations - ANSThis Disclosure should be made prior to entering into
Deposit - ANSA form of Money, personal property, real property, or anything of value that is
capable of being converted into cash.
Closing - ANSTypically the deposit is intended as partial payment of the purchase price at?
Post dated checks - ANSAre considered to be promissory notes and can be accepted as
earnest money with the seller's approval.
True - ANSWhen a deposit is placed, or is to be placed, with a title company or an attorney, the
licensee who prepared or presented the sales contract must indicate on that contract the name,
address, and telephone number of the title company or attorney with whom the deposit was
placed (True or False)
Escrow or trust account - ANSMay be held in a commercial bank, title company which has trust
powers, credit union, or savings and loan association located in the state of Florida
cannot - ANSThe escrow account ______ be held in a stock or bond brokerage house
Commingle - ANSA broker is not allowed to _________ or deposit the personal funds of any
person with any funds being held in escrow, trust or on condition
Next business day - ANSA sales associate or broker associate who receives an earnest money
deposit on behalf of his or her employer must deliver the deposit to the employer no later than
the _________________ following the receipt
Tract building - ANSWhen a dev. Acquired land, records a plat map and uses a model center
from which sales may be made
Local level - ANSPlanning, zoning, property taxation, building and health codes and regulations,
and building moratoriums that affect development play a significant role in the cost and
desirability of real estate
Broker associate - ANSA licensed broker working for another broker
False - ANSA florida real estate license applicant must be a resident and citizen (true or false)
Application Denial - ANSYou have 21 days to send a formal letter to the department for a
hearing if:
One - ANSHow mang brokers can a sales or broker associate work for
Post license requirements - ANSNo grace period
Sales associate first renewal - ANSNo grace period
Exempt from licensure - ANSAttorney in fact/ Attorney at Law
Attorneys at law - ANSMy perform legal services on behalf ofntheir clients; they may prepare
documents, handle closings, and give legal advice.
Involuntary inactive - ANSAn individual who does not request renewal of their second or
subsequent lecense, pay the required fees, or maintain their continuing education requirements
will have their license placed in
2 years - ANSA license may remain in involuntary inactive status for no longer than
Special Agent - ANSA special agent is authorized under agency law by the employer to perform
a single act. The employment contract between the employer and agent establishes the limit of
authority granted
Presenting offers - ANSA broker has a buty to transmit any and all offers to the employer
including oral offers or offers made without a binder deposit
Limited - ANSA transaction broker provides what kind of representation
, Single agent - ANSthis agency relationship is created when a broker accepts employment under
a single agency agreement. A broker may represent a seller or buyer , or a landlord or tenant.
Principal - ANSIn a single agency relationship, the employer becomes the
For sale By owner - ANSNon Representation or (No Brokerage Relationship can also be called)
FSBO - ANSFor sale by owner can also be called
Stationary Construction - ANSAn active broker is required to have this open which must be
registered with the department of Business and Professional Regulation where Negotiations and
the closing of real estate transactions can be conducted with privacy
Others - ANSLicencees should make clear that they are dealing on their own account and not
acting on the behalf of
Public - ANSLicencees should make known their status as licencees to members of the
Serious negotiations - ANSThis Disclosure should be made prior to entering into
Deposit - ANSA form of Money, personal property, real property, or anything of value that is
capable of being converted into cash.
Closing - ANSTypically the deposit is intended as partial payment of the purchase price at?
Post dated checks - ANSAre considered to be promissory notes and can be accepted as
earnest money with the seller's approval.
True - ANSWhen a deposit is placed, or is to be placed, with a title company or an attorney, the
licensee who prepared or presented the sales contract must indicate on that contract the name,
address, and telephone number of the title company or attorney with whom the deposit was
placed (True or False)
Escrow or trust account - ANSMay be held in a commercial bank, title company which has trust
powers, credit union, or savings and loan association located in the state of Florida
cannot - ANSThe escrow account ______ be held in a stock or bond brokerage house
Commingle - ANSA broker is not allowed to _________ or deposit the personal funds of any
person with any funds being held in escrow, trust or on condition
Next business day - ANSA sales associate or broker associate who receives an earnest money
deposit on behalf of his or her employer must deliver the deposit to the employer no later than
the _________________ following the receipt
