Gold coas - Study guides, Class notes & Summaries

312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - Answer- D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be revoked b. Automatically be suspended c. Probably be revoked because of the con...

Gold Coast Final Exam 2023 (Questions and Answers, 100% Correct) What is the form you sign that says you will pay the loan back ? promissory note What is the post licensing grace period after first expiration ? none Deposits is a form of... valuable consideration Physical land and improvements real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both Yes What is the maximum fine per offense ...

Gold Coast Final Exam: Questions & Answers What is the form you sign that says you will pay the loan back ? Correct Ans - promissory note What is the post licensing grace period after first expiration ? Correct Ans - none Deposits is a form of... Correct Ans - valuable consideration Physical land and improvements Correct Ans - real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Satur...

Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broker in a single agency relationship - Answer- Who is the ...

Real Estate Brokerage (Ch. 1) A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing (Ch. 1) areas of expert knowledge that are required for all real estate licensees Residential Transaction (Ch. 1) F.S 475 The sale of any improved residential property of 4 units or f...

Gold Coast 45 Hour Exam Questions and Answers 100% Verified

Gold Coast Real Estate Final Exam 2023 Questions and Answers (Verified Answers) What is Farming? - ANSWER-Agent dominates specific area/neighborhood/town Also known as door to door. What are the three areas sales associates must be experts in? - ANSWER-Must be experts in Valuation, Marketing, and Property Transfer