45 HOUR POST LICENSE EXAMS PACK 2024/2025|DOWNLAOAD TO PASS

Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license? CAM What term is used for the practice of specializing in one particular residential neighborhood or type of property? Farming empty upon clo...

agency The relationship of agents and their principals buyer brokerage agreement An agreement between a buyer and a broker for the broker to provide services to a buyer for compensation. The broker may be acting as a single agent, transaction broker, or a nonrepesentative. Community ...

If an appraisal falls short of the needed value to close the deal, one of four outcomes would result. Which one of the following is NOT one of those 4? The seller would raise the selling price in order to make up for the shortfall. Which of the following steps would not be common to complete...

A buyer's property has been foreclosed on because they were unable to pay the mortgage and taxes. What type of auction would normally be conducted? Courthouse auction A mortgage foreclosure sale was conducted in which the lender received less that the outstanding loan amount. What type of j...

Farming Specilizing n one type of property or on one particular neighborhood is a practice referred to as The sale of any improved residential property 4 units or fewer, including condo units, unimproved property intended for 4 units or fewer, agricultural properties 10 acres or less, leases...

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...

$300,000 A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for The property was the site of a homicide. What facts need not be disclosed in a real estate transaction? The pricing pyramid What is a good graphic to show...

A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for $300,000 What facts need not be disclosed in a real estate transaction? The property was the site of a homicide. What is a good graphic to show a seller that there ...

If an appraisal falls short of the needed value to close the deal, one of four outcomes would result. Which one of the following is NOT one of those 4? The seller would raise the selling price in order to make up for the shortfall. Which of the following steps would not be common to complete...

FHA requirements for housing expense ratios (HER) and total obligations ratio (TOR) are 28% (HER) and 36% (TOR). Yesterday, a broker obtained a 90-day listing contract that has a self-renewing provision extending the agreement an additional 60 days after expiration unless either party cancel...

Florida 45 hour real estate post 1-3 practice study guide exam 2024 latest update(download to pass)

Farming Specilizing n one type of property or on one particular neighborhood is a practice referred to as The sale of any improved residential property 4 units or fewer, including condo units, unimproved property intended for 4 units or fewer, agricultural properties 10 acres or less, leases...