Gold coast 2019 - Study guides, Class notes & Summaries

GOLD COAST 2019 PRACTICE EXAMS QUESTIONS AND ANSWERS 100% CORRECT Which statement provides the basic justification for zoning? A. There must be regulations in place to prevent pollution B. The government does not want to encourage land development C. The inappropriate use of one's property may affect the value of another D. Professional planners want to control development - ANSWER C. The inappropriate use of one's property may affect the value of another What is the rationale beh...

GOLD COAST 2019 PRACTICE EXAMS (Questions and Answers, A+ Rated Solution Guide) Complete Which statement provides the basic justification for zoning? A. There must be regulations in place to prevent pollution B. The government does not want to encourage land development C. The inappropriate use of one's property may affect the value of another D. Professional planners want to control development C. The inappropriate use of one's property may affect the value of another What is the rati...

Which entry would appear as a credit on the seller's closing statement? A. Documentary stamp tax on the deed B. Recording the mortgage C. Purchase price D. Abstract continuation - ANSWER C. Purchase price What document stipulates which party pays which expense in a closing? A. Listing agreement B. Purchase and sale contract C. Deed D. Mortgage - ANSWER B. Purchase and sale contract How is an earnest money deposit held in escrow reflected on the closing statement? A. Credit to t...

Which statement provides the basic justification for zoning? A. There must be regulations in place to prevent pollution B. The government does not want to encourage land development C. The inappropriate use of one's property may affect the value of another D. Professional planners want to control development -ANSWER C. The inappropriate use of one's property may affect the value of another What is the rationale behind government planning of real estate development? A. To manage future...

Which statement provides the basic justification for zoning? A. There must be regulations in place to prevent pollution B. The government does not want to encourage land development C. The inappropriate use of one's property may affect the value of another D. Professional planners want to control development C. The inappropriate use of one's property may affect the value of another What is the rationale behind government planning of real estate development? A. To manage future rea...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

Gold Coast Real Estate Chapter 1-5 Questions with correct Answers 2023/2024 (Graded A+). Employment by a Broker - Answer- CANNOT receive compensation from others & can only work with ONE broker at a time What can a broker do that a Sales Ass cant do? - Answer- NOTHING Except, Broker can work independently, while a Sales Ass MUST work under a Broker How does employment by an owner-developer works? - Answer- The owner-developer has to register with the department as a sales ass's owner. DOES...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...