Absentee owners Study guides, Class notes & Summaries

Farming - ANSWER Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: - ANSWER - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved property of four or fewer residential units - dispositions...

Why is there a high demand for property managers in Florida? Absentee owners One qualified by education, training and experience who is hired to estimate the value of real and personal property

Real Estate Business - Answer-Is composed of many specialization's: - (1)Details of Property Transfer -Knowledge of: (2)market conditions (3)how to market real estate business (4)how to analyze buyers needs (5)laws that pertain to real estate Real Estate Brokerage - Answer-Is the bringing together of buyers and sellers, owners and renters and completing real estate transactions. ***How can a agent maintain good standing with clients? (After title closing)*** - Answer-***Follow Up. ...

When a developer deeds the streets and easements to the county government for future maintenance, it is called - ️️dedication. A broker's license will become void when the first license expires unless the broker has - ️️completed at least 60 hours of broker post-licensing courses. A person who takes applications for a mortgage loan must - ️️be licensed as a loan originator by the Florida Office of Financial Regulation. Before roadbuilding begins, a developer must submit a docu...

1 FLORIDA REAL ESTATE 2024/25 REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Brokers who list and sell smaller businesses are - -business opportunity brokers. Before roadbuilding begins, a developer must submit a document to the local planning board for approval. The document is called a - -subdivision plat map. Investors who don't live on the properties they own are - -absentee owners. Real estate specialists who sell properties close to airports, seaports, and rail sidings work in...

| LATEST UPDATES/ COMPLETE EXAM PREDICTION PAPER | 1 FL REAL ESTATE EXAM PRACTICE QUESTIONS & ANSWERS. RATED A+ Which statement is true regarding the use of the term REALTOR? All real estate licensees are REALTORS All REALTORS are members of the National Association of REALTORS (NAR) The terms real estate licensee and REALTOR may be used interchangeably The Florida DBPR authorizes the use of the term REALTOR - -All REALTORS are members of the National Association of REALTORS (NAR) The ...

Florida Real Estate Study Guide 2024. Owners that buy income properties as investments and depend on professionals to manage them - ANSWER Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal - ANSWER CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner's specifications - ANSWER Custom Building When a contractor builds on his own land with the hope of loca...

Florida Real Estate Study Test 2024. Owners that buy income properties as investments and depend on professionals to manage them - ANSWER Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal - ANSWER CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner's specifications - ANSWER Custom Building When a contractor builds on his own land with the hope of locat...

Which statement is true regarding the use of the term REALTOR? A. All real estate licensees are realtors B. All realtors are members of the NAR C. The term real estate licensee and realtor may be used interchangeably D. The Florida DBPR authorizes the use of the term realtor - correct answer -b. The term "follow-up" refers to a. returning calls in a timely manner. b. completing instructions given by one's broker. c. following through on listing calls made to for sale by owner...

Absentee Owner - A property holder who does not reside on the property and who usually relies on a property manager to manage the investment. Appraisal - The process of developing and communicating an estimate of a property's Appraiser - Appraisers charge a fee based on the time and difficulty of the appraisal assignment and are not paid commission. Broker Price Opinion (BPO) - A broker's written opinion of the value of a particular property that may not be used in connection with the or...