Exam (elaborations)
Tampa Real Estate Exam fully solved & updated
- Course
- Institution
Tampa Real Estate Exam fully solved & updated
[Show more]
Seller
Follow
tuition
Reviews received
Content preview
Tampa Real Estate Exam fully solved &updated
If a developer wants to sell or lease lots in a subdivision with 100 or more lots,
which agency must the subdivision be registered with? - ANSWER-The
Consumer Financial Protection Bureau
What are riparian rights? - ANSWER-A type of ownership rights that are
associated with land that abuts moving water. (Riparian=River)
What is a unilateral contract? - ANSWER-A contract where only one party is
obligated to perform in order to fulfill it
What business entities MAY register as a real estate brokerage? - ANSWER--
Corporations
-Limited Liability Companies
-General Partnerships
-Limited Partnerships
-Sole Proprietorships
-Limited Liability Partnership
What is directly to the EAST of T2S, R2W? - ANSWER-T2S, R1W
The SE1/4 of the NW1/4 of the NE1/4 of Section 19 contains how many acres?
- ANSWER-10.
1/4, 1/4, 1/4
640/4/4/4= 10 acres
, Tampa Real Estate Exam fully solved &
updated
What 3 things will the Real Estate Recovery Fund NEVER reimburse? - ANSWER-
Punitive Damages
Treble Damages
Interest
What methods are used to determine whether an item is a fixture? - ANSWER-
IRMA:
INTENT of the parties
RELATIONSHIP or agreement of the parties
METHOD or degree of attachment
ADAPTATION of the item
In certain nonresidential transactions where the buyer and seller both have
assets of $1 million or more, and two associates can act as single agents in the
same transaction, what disclosure form MUST be signed but the buyer and the
seller? - ANSWER-Designated Sales Associate Notice (DSAN)
For brokers, what anti-competitive acts are prohibited under the Sherman
Antitrust Act? - ANSWER-Price-fixing- (competing brokers establish
standard commission rate)
Market Allocation- (brokers agree to split markets
among themselves)
What are the 8 required elements for a valid deed? - ANSWER-1. Must be in
wiring
2. Names of grantor and grantee
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 tuition. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. 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