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Comprehensive Gold Coast RE 1001 Cram, Practice Math and Final Exam |100% Correct Question and Answer|

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Comprehensive Gold Coast RE 1001 Cram, Practice Math and Final Exam |100% Correct Question and Answer| .240. A broker from Tampa sells a property listed by a Miami broker. At closing, the Miami broker refuses to pay the Tampa broker's share of the commission. Charges are filed by FREC against the Miami broker for failure to account. The Commission has the Miami broker subpoenaed, but the broker fails to appear. The Miami broker: a. Does not have to appear b. May be fined for contemp...

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Gold Coast School Real Estate Questions Ch.1-19 Test Practice Questions |100% Correct|

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Gold Coast School Real Estate Questions Ch.1-19 Test Practice Questions |100% Correct| "The department" refers to which government entity? *Ans* The department of business and professional regulation (DBPR) 1. The real estate market is local in nature what does that mean? *Ans* Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities,...

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Gold Coast Florida Real Estate Exam - Chapter 9 Practice Questions |100% Correct Q&A|

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Gold Coast Florida Real Estate Exam - Chapter 9 Practice Questions |100% Correct Q&A| A Bargain and Sale Deed contains only one warrant. What warrant is that? *Ans* a warrant of seisin A certificate of title is used *Ans* to show ownership in the event of a foreclosure A General Warranty Deed is *Ans* Most common of any deed A General Warranty Deed is also known as a *Ans* simple warranty deed A Quitclaim Deed contains what kind of warrants? *Ans* Contains no warrants of any kind A qu...

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GOLD COAST FINAL EXAM STUDY SET for 4/11 [100% Correct]

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GOLD COAST FINAL EXAM STUDY SET for 4/11 [100% Correct] 1 acre is how many square feet? *Ans* 43,560 A broker is entitled to compensation if they... *Ans* bring a buyer who brings an offer the seller was looking for A buyer drops off an escrow check on Monday. To avoid any trouble with FREC, the broker must deposit the check by close of business on which day? *Ans* Thursday A spouse who is left out of a will can claim? *Ans* Elective share 30% Abstract Continuation *Ans* history of ti...

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Real Estate Sale Associate Pre-License Course 5 Hour Exam |100% Correct Answers|

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Real Estate Sale Associate Pre-License Course 5 Hour Exam |100% Correct Answers| (GRM) Gross Rent Multiplier technique *Ans* Used for monthly rental properties and is derived from comparable properties which are rented at the time of sale by using the following formula: Comparable Sales Price/ Gross Monthly Rent= GRM A BAR SALE *Ans* The most common services of real estate: Appraising Buying Auctioning Renting Selling Advertising Leasing Exchanging A guilty licensee *Ans* Ma...

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Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2 |Question and Answer| 100% Correct

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Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2 |Question and Answer| 100% Correct .35 per 100 *Ans* Which characteristic applies to the note documentary stamp tax? 1,181.75 *Ans* Closing date is June 8 with the day of closing belonging to the buyer. Annual real estate taxes are 2,730. Using the 356 day method, what prorated amount of taxes will be debited to the seller? 10 *Ans* FREC may suspend a licensee for a maximum of how many years 10,000 *Ans* What is the maximum...

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Chapter 1 Introduction Exam - Gold Coast Real Estate Homework |100% Correct Question and Answer|

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Chapter 1 Introduction Exam - Gold Coast Real Estate Homework |100% Correct Question and Answer| A contractor who builds on his or her own lot in the hopes of finding a purchaser upon completion is building on (a) Tract (b) Custom (c) Speculative (d) Subdivision *Ans* (c) Speculative A developer acquires a large area of land to be divided up into lots that are sold individually in a large neighborhood. This is an example of which type of building? (a) Tract (b) Custom (c) Spec...

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Gold Coast Final Exam 2024 |Question and Answer| 100% Correct

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Gold Coast Final Exam 2024 |Question and Answer| 100% Correct Accretion *Ans* an increase in land area as moving water deposits soil actual notice *Ans* own it all real estate brokerage partnerships ... *Ans* must be registered with the DBPR an option is a unilateral contract that is binding to which party ? *Ans* optionor Assessor's Parcel Number *Ans* Court property appraisal office (ID# of parcel of land) assignment *Ans* the sale, transfer, or subrogation of rights in a contract Bi...

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Gold Coast Real Estate Mock Exam |Practice Question| 100% Correct Answers

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Gold Coast Real Estate Mock Exam |Practice Question| 100% Correct Answers 10 days *Ans* A sales associate must report any change of employer or change of address within _____ of the change to the Department on a form prescribed for such use. 15 days *Ans* Notification to the commission must be made within ________ from the date of the last party's demand. 2 years *Ans* A license may remain in involuntary inactive status for no longer than 5,000 *Ans* Tax exemption for veterans of mi...

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