Absentee owner - Study guides, Class notes & Summaries

FREC Practice Test Questions & Answers 2023/2024 1. Which of the following statements is true regarding a mortgage loan originator (MLO)? a. A mortgage loan originator is the same as a mortgage broker. b. A mortgage loan originator must have a separate license. c. A mortgage loan originator makes loans. d. A mortgage loan originator must have a real estate license. - ANSWER-B 2. A real estate appraiser's fee for professional service is based on which of the following? a. A percentage...

Florida Real Estate Exam / Florida Real Estate Exam 2025 with 100% correct answers LATEST UPDATE 2024 GRADED A+ 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...

BOB HOGUE SALES ASSOCIATE EXAM REVIEW | 500+ ACTUAL QUESTIONS AND ANSWERS VERIFIED BY EXPERT | UPDATED the product that real estate licensees market is information knowledge of property transfer, knowledge of market conditions, knowledge of how to market real estate or business a competent licensed real estate professional must know the economic and legal intricacies associated with transfers of - title, property taxes, financing, and local zoning ordinances to be successful, licens...

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...

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

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...

the product that real estate licensees market is - information knowledge of property transfer, knowledge of market conditions, knowledge of how to market real estate or business a competent licensed real estate professional must know the economic and legal intricacies associated with transfers of - title, property taxes, financing, and local zoning ordinances to be successful, licenses must know how to - market real estate and businesses real estate brokerage - the business of bringing tog...

Absentee Owner A property owner who does not reside on the property and who usually relies on a property manager to oversee the investment Abstract of Title A compilation of the recorded documents relating to a parcel of land from which an attorney may give an opinion as to the condition of title (a history of title) Acceleration Clause A condition in a loan contract that permits the lender to require immediate repayment of the entire loan balance of the loan if the contract is breached or ...

the product that real estate licensees market is correct answers information knowledge of property transfer, knowledge of market conditions, knowledge of how to market real estate or business a competent licensed real estate professional must know the economic and legal intricacies associated with transfers of correct answers title, property taxes, financing, and local zoning ordinances to be successful, licenses must know how to correct answers market real estate and businesses real...

What does RESPA stand for? What does it mean? - Real Estate Settlement Procedures Act. Getting someone qualified Wha is real estate brokerage? - Real estate brokerage is the business of bringing together buyers and sellers and owners and renters and completing real estate transactions (paid a fee or a commission for services) 5 major sales specialties - "Residential"- 4 or fewer residential units OR agricultural property of 10 or fewer acres. "Commercial" - improved residential proper...