Broker associate answ - Study guides, Class notes & Summaries

1. The real estate market is local in nature what does that mean? - ANSWER Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to members of the public in the performance of specified services of real estate C. Following up wi...

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 - Answer- 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...

Florida Real Estate Broker Exam Questions And Answers Rated A+ Florida Real Estate Broker Exam Questions And Answers Rated A+ Florida Real Estate Broker Exam Questions And Answers Rated A+

What is the form you sign that says you will pay the loan back ? - CORRECT ANSWERpromissory note What is the post licensing grace period after first expiration ? - CORRECT ANSWERnone Deposits is a form of... - CORRECT ANSWER-valuable consideration Physical land and improvements - CORRECT ANSWER-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 - CORRECT ANSWER-Yes What is the maximum fin...

Absentee Owner - Correct answer-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 - Correct answer-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 - Correct answer-A condition in a loan contract that permits the lender to require immediate repayment of the entire loan...

Tract building - ANSWERWhen a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - ANSWERPlanning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate Broker associate - ANSWERA licensed broker working for another broker False - ANSWERA florida real estate license applicant must be a resident and citiz...