Florida mlo state broker - Study guides, Class notes & Summaries

Gold Coast Chapter 1 Latest Update with Verified Solutions Absentee Owner Owners who buy income property as investments and depend on professionals to manage them. (page 4) Appraisal An act of assessing an opinion of value on real property. (page 5) Appraiser A practitioner who has the knowledge and expertise necessary to estimate the value of an asset. (page 5) Broker Price Opinion (BPO) Helps determine the selling price of the property in a short sale transaction since the licensee typicall...

Florida Real Estate Exam Verified Solutions Expert Information ️The Product that a real estate sales associate must market Property Transfer Market Conditions How to market real estate and business ️The three areas of expertise that real estate licensees bring to the transaction - Knowledge of Residential Commercial Industrial Agricultural Businesses ️Five major sales specialties that real estate agents are involved in Specifically marketing to a group of people ex. ...

Which of the following statements is true regarding a mortgage loan originator (MLO)? (a) A mortgage loan originator is the same as a mortgage broker. (b) A mortgage loan originator must have a separate license. (c) A mortgage loan originator makes loans. (d) A mortgage loan originator must have a real estate license. - Answer- (b) 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? (...

Bob Hogue Real Estate Class Test Questions With100%Verified Answers A+GRADED Absentee Owner - correct answer...A property holder who does not reside on the property and who usually relies on a property manager to manage the investment. Appraisal - correct answer...The process of developing and communicating an estimate of a property's Appraiser - correct answer...Appraisers charge a fee based on the time and difficulty of the appraisal assignment and are not paid commission. Broker ...

Absentee Owner Owners who buy income property as investments and depend on professionals to manage them. (page 4) Appraisal An act of assessing an opinion of value on real property. (page 5) Appraiser A practitioner who has the knowledge and expertise necessary to estimate the value of an asset. (page 5) Broker Price Opinion (BPO) Helps determine the selling price of the property in a short sale transaction since the licensee typically has knowledge of the local market. ...

Florida MLO State Test 2024 Latest Questions With Reviewed Answers || Graded A+ Bureau of Money Transmitter Regulation - ANSWER Conducts examinations of funds transmitters, payment instrument sellers, currency exchangers, and payday lenders to ensure compliance Bureau of Regulatory Review - ANSWER reviews applications and processes amendments and renewals for all individuals regulated by the division December 31st each year - ANSWER Starting 2011 all licen...

Bob Hogue Real Estate Class Test Questions With Correct Answers Absentee Owner - answerA property holder who does not reside on the property and who usually relies on a property manager to manage the investment. Appraisal - answerThe process of developing and communicating an estimate of a property's Appraiser - answerAppraisers charge a fee based on the time and difficulty of the appraisal assignment and are not paid commission. Broker Price Opinion (BPO) - answerA broker's written opi...

Florida MLO State Exam 2024 Questions with Complete Answers || (Verified BY Expert) || Already Graded A+ Mortgage Guaranty Trust Fund - ANSWER The fund protects consumers by insuring payment to those who suffer financial losses due to fraud and/or deception by the mortgage originator. Collection for the fund will begin in the 2010 licensing period and include the following nonrefundable fees (in addition to the regular application fee) for brokers, lenders, and originators...