Gold Coast School Real Estate Questions Ch.1-19 Questions and Answers
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Course
2024/2025
Institution
2024/2025
Gold Coast School Real Estate Questions
Ch.1-19 Questions and Answers
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 ...
Which real estate professional is expected to have the greatest level of knowledge and
experience? - Answer✔✔-a real estate counselor
all of the following are responsibilities of a property manager, EXCEPT
A. Handling the payment of taxes, insurance, and operating expenses for the property
B. Evaluating the investment value of the property
C. Locating tenants, collecting rents, maintaining records, and scheduling maintenance
D. Protecting the owner's investment and maximizing the profitability of the investment -
Answer✔✔-B. Evaluating the investment value of the property
According to F.S. 475, all of the following transactions are considered residential transactions,
EXCEPT:
A. A lease on a unit in a duplex, with an option to purchase the unit
B. The sale of a 10-unit apartment building
C. The sale of an eight-acre strawberry farm
D. The sale of a lot that is zoned for a single-family home - Answer✔✔-B. The sale of a 10-unit
apartment building
Which of the following best defines appraising?
A. The process of determining the amount of equity in real property
B. The process of establishing the asking price of real property
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