Unlicensed entities - Study guides, Class notes & Summaries

REAL ESTATE U FINAL EXAM AND FINAL PRACTICE EXAM LATEST ACTUAL EXAM 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ Are unlicensed assistants allowed to record and deposit trust money deposits and maintain trust account records under the close supervision of the offer broker-incharge? - ANSWER-Yes What entities must have a firm license to operate as a broker in North Carolina? - ANSWER-Any type other than sole proprietorships. When should written a...

Florida Real Estate Class Final Exam Verified Question With 100% Correct Answers 2023/2024 A Business Broker Correct Answer Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate Follow-Up is Correct Answer Keeping in contact with the new owner after the closing of the sale A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is ...

Disclosure of Confidential Information - Answer- A licensee, registrant, or certificate holder shall not disclose, without the consent of the client, any confidential communications made by the client, or advice given to the client, in the course of professional employment. A licensee's, registrant's, or certificate holder's employee or associate, whether clerical or professional, shall not disclose any knowledge of the communications acquired in that capacity. Any person who has participate...

2044 CHAPTER 15 & 16 FLORIDA STATUTES AND RULES, UNLICENSED ENTITIES|UPDATED&VERIFIED|100% SOLVED|GUARANTEED SUCCESS

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

Real Estate Questions and Answers Already Passed For how many months must a salesperson have been licensed before taking the broker's examination? 12 The mission of the Mississippi Real Estate Commission (MREC) is to protect the public. Which of the following is a requirement for all active Mississippi real estate licensees? Carry errors and omissions insurance An applicant for a salesperson's license in Mississippi must comply with all of the following requirements EXCEPT be...

Florida Statutes, Rules, and Regulations Common to all Lines Life & Health 24% Exam Questions and Answers | 100% Correct| 2024 Update Unlicensed Entities - Answer ️️ -Any entity that is operating without the proper authorization. Authorized agents and entities are required to be LICENSED OR REGISTERED with the FLORIDA OFFICE OF INSURANCE REGULATION. Financial Services Regulation - Answer ️️ -The Department of Financial Services enforces the provisions of the Insurance Code and to ...

TEXAS REAL ESTATE PREP State Test Chapter 2 Questions and Answers | Latest Update | 2024/2025 | Already Passed **Explain who is exempt from Texas Real Estate Licensing requirements.** Exemptions from Texas Real Estate Licensing include licensed attorneys, court-appointed receivers, trustees, guardians, and sheriffs, administrators and executors of estates, on-site apartment managers, new home salespersons working exclusively for one builder or owner, cemetery lot salespersons, FSBO ...

Sales Associates knowledge should include Property transfer, market conditions, how to market real estate and businesses Al licensed or certified appraiser is always required when an original loan is federally related If a sales Associate moved from Florida to San Diego to work for the same Broker The commission must be notified within 60 days A Florida Resident is defined as a person who has been/intends to reside in Florida for 4 months Individiuals who earned a...

Jurisprudence Exam Questions and Answers 100% Pass An inactive licensee is desiring to begin practicing actively. How many hours of continuing education per year MUST have occurred in order for their license to be reactivated? A. 5 B. 10 C. 15 D. 20 - Correct Answer ️️ -B. 10 An inactive licensee shall have accrued 10 hours of continuing education per year. This is a requirement in order to apply for reactivation of licensure. 2 hours must be on prevention of medical errors. No mo...