Gold Coast Bundled Exams /Package Deal

312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - Correct Answer D. Transaction brokerage 242...

Which of the following statements is true regarding a mortgage loan originator? - Correct Answer A mortgage loan originator must have a separate license. A real estate appraiser's fee for professional service is based on which of the following? - Correct Answer The time and difficulty of the a...

Adjustable Rate Mortgage (ARM) - Correct Answer Amortized loan where interest rate fluctuates. 2 important elements: Index (foundation rate for loan that must be published and is beyond control of the lender) and margin (% added to index rate by lender to cover lender's overhead and provide profit...

A sales associate licensed with a real estate brokerage corporation can be which of the following? (a) An officer (b) A stockholder (c) A director (d) An officer and a director - Correct Answer (b) A stockholder Six individuals decide to form a real estate brokerage partnership. All six...

"Appraiser": - Correct Answer One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective.*** Real property includes: - Correct Answer The physical land and improvements together with legal rights to own or use the property. ...