100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Real Estate Exam FL Sales Associate Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass $13.49   Add to cart

Exam (elaborations)

Real Estate Exam FL Sales Associate Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass

 9 views  0 purchase
  • Course
  • Champions Real Estate Finance
  • Institution
  • Champions Real Estate Finance

Real Estate Exam FL Sales Associate Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass

Preview 3 out of 30  pages

  • August 22, 2024
  • 30
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Champions Real Estate Finance
  • Champions Real Estate Finance
avatar-seller
BESTGOODIES
Real Estate Exam FL Sales Associate.pdf file:///C:/Users/HP/Desktop/NIW/Real%20Estate%20Exam%20FL%2




Real Estate Exam FL Sales Associate



1. A property owner who does not reside on the property and who usually relies on a

property manager to oversee the investment

ANS Absentee Owner

2. 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)

ANS Abstract of Title

3. 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 conditions for

repayment occur, such as sale or demolition

ANS Acceleration Clause

4. A written declaration by a person signing a document, given before an officer

authorized to give an oath (notary public), stating that the signing is the person's

voluntary act

ANS Acknowledgment






1 of 30 8/20/2024, 1:16

,Real Estate Exam FL Sales Associate.pdf file:///C:/Users/HP/Desktop/NIW/Real%20Estate%20Exam%20FL%2




5. Giving oral or written notice, presenting a deed, giving verbal notice, or physically

moving into a property

ANS Actual notice

6. According to value

ANS Ad Valorem

7. When a criminal final judgment is withheld or not recorded in public record-




ANS Adjudication Withheld

8. A mortgage loan with a calculated interest rate that may increase or de- crease

during the term of the loan

ANS Adjustable Rate Mortgage (ARM)

9. A method of acquiring title by possession under open, notorious, exclusive, and hostile

conditions for seven or more years

ANS Adverse Possession

10. A person authorized by a principal to act on the principal's behalf

ANS Agent

11. A mortgage loan that is fully repaid according to a periodic and consistent schedule

that includes both principal and interest





2 of 30 8/20/2024, 1:16

,Real Estate Exam FL Sales Associate.pdf file:///C:/Users/HP/Desktop/NIW/Real%20Estate%20Exam%20FL%2




ANS Amortized Mortgage

12. A supported, defended estimate of the value of property rights as of a given date

ANS Appraisal

13. An increase in a property's value

ANS Appreciation

14. The bringing together of two adjoining parcels of property under one ownership

ANS Assemblage

15. When payment is due at the end of the term

ANS Arrears

16. A transfer to another of any property, real or personal, or of any rights or estates in

said property

ANS Assignment

17. The taking over of an existing mortgage by a buyer

ANS Assumption

18. The horizontal line that runs east and west through Tallahassee that is the starting

point for all other horizontal lines north and south of Tallahassee

ANS - Base Line

19. The purchase price plus closing costs and other added improvements





3 of 30 8/20/2024, 1:16

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 BESTGOODIES. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart