Absentee owners Study guides, Class notes & Summaries

Absentee Owner - A property holder who does not reside on the property and who usually relies on a property manager to manage the investment. Appraisal - The process of developing and communicating an estimate of a property's Appraiser - Appraisers charge a fee based on the time and difficulty of the appraisal assignment and are not paid commission. Broker Price Opinion (BPO) - A broker's written opinion of the value of a particular property that may not be used in connection with the or...

Owners that buy income properties as investments and depend on professionals to manage them - Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal - CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner's specifications - Custom Building When a contractor builds on his own land with the hope of locating a purchaser after construction has been completed - Specu...

Florida Real Estate Final Exam Review |Latest Release| Owners that buy income properties as investments and depend on professionals to manage them *Ans* Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal *Ans* CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner's specifications *Ans* Custom Building When a contractor builds on his own land with the ho...

45 Hour Post License Florida Farming Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units ...

45 Hour Post License Florida Farming Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units ...

Ch.1 Farming correct answers Concentrating on one type of style of property or on one particular neighborhood Ch.1 A residential transaction os defined in F.S. 475 as the sale of any: correct answers - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residenti...

Florida Real Estate Exam Practice Questions 2024 Questions and Answers 100% Pass Which statement is true regarding the use of the term REALTOR? A. All real estate licensees are realtors B. All realtors are members of the NAR C. The term real estate licensee and realtor may be used interchangeably D. The Florida DBPR authorizes the use of the term realtor - Correct Answer ️️ -b. The term "follow-up" refers to a. returning calls in a timely manner. b. completing instructions given b...

LARE Section 1 - Project and Construction Management Affidavit - ANS ️️ A written statement in which the facts stated are sworn or affirmed to be true. Arbitration - ANS ️️ A contractual provision whereby those bound to it give up their right to go to court and instead have any disputes underlying the contract resolved by an "arbitrator" or "arbitration panel". Case Law - ANS ️️ Common law- a system of law that is derived from judges' decisions (which arise from the judic...

Farming correct answers Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: correct answers - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units ...

Owners that buy income properties as investments and depend on professionals to manage them - Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal - CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner's specifications - Custom Building When a contractor builds on his own land with the hope of locating a purchaser after construction has been completed - Specu...