Bona fide offer - Study guides, Class notes & Summaries

Florida Residency Requirement - On the application to become a Personal Lines Agent the applicant must show they are a bona fide resident of Florida. Controlled Business - When more than 50% of an agent's income is anticipated to come from transactions for which the agent has a business, family, or pecuniary interest. Identifiable and Accessible Office - A Personal Lines Agent office exposure requirements. 18 years old - Age requirement to become Personal Lines Agent. 48 Months - The number...

BOB HOGUE SALES ASSOCIATE EXAM REVIEW WITH VERIFIED SOLUTIONS What is the “Net Operating Income” (NOI) in real estate? The total income from a property minus the operating expenses. What is a “recourse loan”? A loan where the borrower is personally liable for repayment, even if the collateral is insufficient. What is the role of a “closing agent” in a real estate transaction? To facilitate the closing process by preparing documents, managing funds, and ensuring all...

Under the Uniform Securities Act, which individual is considered to be an agent? A secretary who accepts customers' securities orders A principal of a broker-dealer A person who solely performs clerical functions A silent partner of a broker-dealer correct answers A secretary who accepts customers' securities orders Registration by coordination is used in conjunction with which of the following Acts? The Securities Act of 1933 The Securities Exchange Act of 1934 The Investment Co...

Texas Private Security Act CH. 1702.004(a) - General Provisions - Answer (a) The board, in addition to performing duties required by other law or exercising powers granted by other law: (1) licenses investigations companies and security services contractors; (2) issues commissions to certain security officers; (3) issues endorsements to certain security officers engaged in the personal protection of individuals; (4) registers and endorses: (A) certain individuals connected with a license ho...

Chapter. 4 Gold Coast Real Estate Homework Questions and Answers 100% Pass Who owes fiduciary duties in a single agency relationship? (a) The broker only (b) The principal only (c) Both parties (d) Neither party - Correct Answer ️️ -(a) The broker only All of the following activities are exempt from the requirement to provide disclosures under the Brokerage Relationship Disclosure Act, EXCEPT: (a) Sales staff at a new development center (b) Showing property to a party that is not b...

What does the Corporate Finance Department (CFD) of FINRA do? correct answers Examines fairness of compensation to underwriters, including spread and additional expenses What 5 documents does the syndicate manager submit to the Corporate Finance Department (CFD)? correct answers Registration Statement / Prospectus Underwriting Agreement (UA) Agreement Among Underwriters (AAU) Non-cash compensation received and reimbursed expenses All items of value received from issuer in 180 days prior ...

Chapter 4 Gold Coast Real Estate Homework Complete Questions and Correct Answers Who owes fiduciary duties in a single agency relationship? (a) The broker only (b) The principal only (c) Both parties (d) Neither party (a) The broker only All of the following activities are exempt from the requirement to provide disclosures under the Brokerage Relationship Disclosure Act, EXCEPT: (a) Sales staff at a new development center (b) Showing property to a party that is not being represente...

Chapter. 4 Gold Coast Real Estate Homework Questions and Answers 100% Pass Who owes fiduciary duties in a single agency relationship? (a) The broker only (b) The principal only (c) Both parties (d) Neither party - Correct Answer ️️ -(a) The broker only All of the following activities are exempt from the requirement to provide disclosures under the Brokerage Relationship Disclosure Act, EXCEPT: (a) Sales staff at a new development center (b) Showing property to a party that is not b...

MMC 4200 Exam 3 (Questions), Questions and answers, rated A+ Why is broadcasting regulated? - --There were limited # frequencies available for broadcasters, once What are the duties and powers of FCC under Communications Act of 1934? - --FCC is a semiindependent federal agency -Responsibilities include regulating all technologies using the electromagnetic spectrum: radio, TV, cable, satellite communication, wirelines, wireless telephone companies -Enforce rules of FCC, granting licens...

Chapter 4 Gold Coast Real Estate Homework Complete Questions and Correct Answers Who owes fiduciary duties in a single agency relationship? (a) The broker only (b) The principal only (c) Both parties (d) Neither party (a) The broker only All of the following activities are exempt from the requirement to provide disclosures under the Brokerage Relationship Disclosure Act, EXCEPT: (a) Sales staff at a new development center (b) Showing property to a party that is not being represente...