45 Hour Post License Florida
EXAM NEWEST 2024 ACTUAL
EXAM QUESTIONS AND
CORRECT DETAILED
ANSWERS VERIFIED
ANSWERS ALREADY GRADED
A+
,Farming - CORRECT ANSWER-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 ANSWER-- 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
- dispositions of business interests for property of four or
fewer residential units
What is an Open Listing? - CORRECT ANSWER-When an
owner agrees to pay a commission to any broker who
provides a buyer willing to purchase the property under a
price and terms agreeable to the owner.
An open listing is a _______ or _______ contract. - CORRECT
ANSWER-One-sided or unilateral
,In an exclusive agency or exclusive listing - CORRECT
ANSWER-the owner reserves the right to sell the property
himself or herself, in which case the owner will owe no
commission to the listing broker.
, An Exclusive Right of Sale Listing - CORRECT ANSWER-must
be in writing and signed. The owner can only list with one
broker and the owner agrees to pay the listing broker
regardless of who actually finds the buyer.
Industrial Properties include _______ and ___________
facilities - CORRECT ANSWER-warehouses and
manufacturing
A _________ __________ is a condominium unit that is
subdivided into ownership time periods. - CORRECT
ANSWER-timeshare property
Timeshare ownership includes the right to use the property
for some period-of-time, sometimes referred to as
___________ _____________. - CORRECT ANSWER-interval
ownership
absentee owners - CORRECT ANSWER-owners who buy
income property as investments and depend on
professionals to manage them
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ihuman. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
