Bob hogue unit 1 - Study guides, Class notes & Summaries

Bob Hogue Unit 3 Exam DBPR Department of Business and Professional Regulation, agency charged with licensing and regulating business and professionals in Florida. Under the executive branch of the Governor, confirmed by the state senate. Active License A current, valid license registered with the DBPR. The status required to actively engage in the real estate business. Cancel A license ceases to exist, effective as of the date approved by the Commission, and does not involve discipl...

Bob Hogue Real Estate Questions Requirement that the infrastructure for sanitary sewers, potable water, and waste treatment facilities be in place before new development is allowed is the - ANS Concurrency Provision The only active general partner in a real estate brokerage partnership has his license suspended. All of the licenses of the sales associates in that brokerage are - ANS placed in inactive status Legal Title always passes from the seller to the buyer - ANS When...

Bob Hogue Unit 5 Practice Questions And Correct Answers 1. A brokerage office must be at least ______________ enclosed room that will provide ______________ to conduct negotiations and close real estate transactions. - answer1. one, privacy 2. A broker may have an office in the broker's residence provided local ______________ allows such activity and the broker's ______________ is displayed at the entrance to the office. - answer2. zoning, sign 3. Registrations issued to branch office...

Bob Hogue Unit 3: Real Estate License Law and Commission Rules The agency charged with licensing and regulating businesses and professionals in Florida is called - - ANS The Department of Business and Professional Regulation (DBPR) Provides all services required to administer the Florida real estate license law - ANS The Division of Real Estate (DRE) The DBPR is under the executive branch of the governor, and it is governed by Chapter ---, F.S. The agency is structured accor...

Bob Hogue Florida Real Estate Final Exam Exam Questions With Correct Answers In Florida, real property is assessed on January 1 of each year, and property taxes become a lien on the property on January 1, the same year. Failure to comply with the statute of frauds will result in an unenforceable contract. A woman has homesteaded her residence. Her home has an assessed value of $279,000. She is a nonveteran who is totally and permanently disabled as a result of a serious car accident. She...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM Five (5) Components of real estate brokerage - answer1. sales and leasing, 2. property management, 3. appraising, 4. financing, and 5. counseling. Sales and Leasing - answerThe broker act as an agent or an intermediary between two or more people in the *negotiation* of the *sale, purchase, or rental of real estate*. Five (5) major sales specialties - answer1. Residential, 2. Commercial, 3. Industrial, 4. Agricultural and 5. Businesses 1....

Bob Hogue - Pre Lic. Test Questions Practice questions for this set Learn 1 / 7 Study with Learn B Choose matching term Which property is defined as residential real estate under Chapter 475, Florida statutes? A) Fifty-unit apartment complex 1 B) Neighborhood grocery store C) Eight acres of agricultural property D) Local elementary school Which type of title insurance policy is transferable? A) Vendor B) 2 Owner C) Mortgagee D) Mortgagor Bob...

Bob Hogue - Pre Lic. Test Questions Practice questions for this set Learn 1 / 7 Study with Learn B Choose matching term Which property is defined as residential real estate under Chapter 475, Florida statutes? A) Fifty-unit apartment complex 1 B) Neighborhood grocery store C) Eight acres of agricultural property D) Local elementary school Which type of title insurance policy is transferable? A) Vendor B) 2 Owner C) Mortgagee D) Mortgagor Bob...

Bob Hogue - Pre Lic. Test Questions With Correct Answers100%Solved Which statement concerning broker's price opinions (BPOs) is TRUE? A) The payment for a BPO must be paid to the broker and not directly to the sales associate who prepared the BPO. B) A broker's license is required to conduct a BPO. C) A BPO is also referred to as an appraisal of real property. D) All BPOs must conform to Uniform Standards of Professional Appraisal Practice (USPAP). - correct answer...A Which document...