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Ultimate Frisbee is played on a field with __ end zones. → 2 The object of the game is to pass the disc up the field and score by _____________. → By catching a pass in → the opponent's end zone While in possession of the disc, you may not ____, but you may ____. → run, pivot Teams transition from offense to defense due to ________. → turnovers What causes a turnover? → Dropped passes, passes out of bounds, → interceptions, or when a player is caught holding the disc ...

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....

When money is paid out of the RE recovery fund, on behalf of a Florida Real Estate → the licensee's license will be automatically suspended, the max. amount that can be reimbursed is $50,000, the judgement holder cannot be reimbursed for attorney's fees and court costs Which of the following is true regarding the Florida RE commission? → Two members do not have to have a Florida Real Estate license The Fair Housing Act prohibits discrimination based on → Race, color, religio...

Real Estate Business → Is composed of many specialization's: → - (1)Details of Property Transfer → -Knowledge of: → (2)market conditions → (3)how to market real estate business → (4)how to analyze buyers needs → (5)laws that pertain to real estate Real Estate Brokerage → Is the bringing together of buyers and sellers, owners and renters and completing real estate transactions. ***How can a agent maintain good standing with clients? (After title closing)*** → **...

Brokerage offices → All active Fl RE brokers are required to have an office and to register the office with DBPR. Sales assoc are not permitted to open offices of their own. They must be registered from and work out of an office maintained and registered in the name of their employer. Branch offices → If a broker desires to conduct business from additional locations, the broker must register each additional location as a branch office and pay the appropriate registration fees. R...

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 → $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 at the back of the 22 acres Pa...

Florida Real estate exam chapter 1 Questions and Answers 2024/2025

When did Florida pass its first Real Estate Law? → 1923 When was the FREC created? → 1926 What is the purpose of the FREC? → protect the public What is the DBPR? → Department of Business and Professional Regulation What is the Mission of the Department? → to ensure that professions and businesses provide quality services for the health, safety and welfare of citizens and visitors in the great state of Florida What is the DRE? → Division of Real Estate What is the Divisi...

Brokers who list and sell smaller businesses are → business opportunity brokers. Before roadbuilding begins, a developer must submit a document to the local planning board for approval. The document is called a → subdivision plat map. Investors who don't live on the properties they own are → absentee owners. Real estate specialists who sell properties close to airports, seaports, and rail sidings work in which sector of the real estate business? → Industrial The field of r...

The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law → D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a sale associate or broker associate D.allows a broker to ...