Exam (elaborations)
Real Estate U Final Study Guide Exam Questions and Complete Solutions Graded A+
- Course
- Institution
Real Estate U Final Study Guide Exam Questions and Complete Solutions Graded A+
[Show more]
Content preview
Real Estate U Final StudyGuide Exam Questions
and Complete Solutions
Graded A+
Denning [Date] [Course title]
, Why is there a high demand for property managers in Florida? - Answer: Absentee owners
One qualified by education, training and experience who is hired to estimate the value of real and
personal property based on experience, judgment, facts, and use of formal appraisal process is known as
a/an? - Answer: Appraiser
What is dedication? - Answer: Giving up private land for public use
An organization with at least one real estate broker acting as the agent for others in negotiating the sale
or rental of real property for a fee is known as a/an? - Answer: Real estate brokerage
What is a home built from blueprints supplied by the buyer is called? - Answer: A custom home
An appraisal can be completed by? - Answer: A licensed appraiser using USPAP standards
MLS is an acronym for? - Answer: Multiple Listing System
What is a BPO? - Answer: Broker Price Opinion
What is the meaning of Caveat Emptor? - Answer: Buyer Beware
What is the difference between a Broker Associate and a Broker? - Answer: A Broker Associate has
passed the Broker exam but chooses to work for a Broker
Which Organization approves the Sales Associate and Broker License Applications? - Answer: DBPR
What is a newly licensed person working for a broker known as? - Answer: A Sales Associate
What is the pre-licensing education requirement for a Broker? - Answer: 72 hours
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 YourExamplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79223 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
