Chapter 61j2 - Study guides, Class notes & Summaries

1 REAL ESTATE FL EXAM 2024/25 REVIEW QUESTIONS AND ANSWERS, RATED A+ A sales associate works under - -the direction of a broker or in some cases an owner developer A licensed appraiser is compensated for an appraisal - -With a flat fee The product/service that all real estate professionals sell is - -their expert knowledge Which area of real estate requires the highest degree of expertise? - -Counseling Which Florida Administrative Code expands upon the statutory provisions of Chapter 475,...

Joint Ventures - correct answer -is a temporary form of business arrangement often encountered in real estate business. Trade Names - correct answer -is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. - correct answer -Administrative Procedures Act Chapter 455, F.S. - correct answer -Regulation of Professional and Occupations Chapter 28, Sections 101-110 - correct answer -Division of Admini...

Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024 Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer Which of the following is true about leverage? - ANSWER Leverage is the use of borrowed funds to purchase assets. Which of the following liens would take priority? - ANSWER A property tax lien In which of the following theories of mortgage lending does the borrower not retain ownership of the property during the loan ...

A sales associate works underthe direction of a broker or in some cases an owner developer A licensed appraiser is compensated for an appraisalWith a flat fee The product/service that all real estate professionals sell istheir expert knowledge Which area of real estate requires the highest degree of expertise?Counseling Which Florida Administrative Code expands upon the statutory provisions of Chapter 475, Florida Statutes?61J2 After completing the 45-hours post-licensing educatio...

Florida Real Estate State Exam Prep Rated A Joint Ventures is a temporary form of business arrangement often encountered in real estate business. Trade Names is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. Administrative Procedures Act Chapter 455, F.S. Regulation of Professional and Occupations Chapter 28, Sections 101-110 Division of Administrative Hearings (DOAH Rules), Florida Ad...

Real Estate Vocab, Concepts, and Test Questions - ProLicense Florida 2023 A sales associate works under - ANSWER-The direction of a broker or in some cases an owner-developer A licensed appraiser is compensated for an appraisal - ANSWER-With a flat fee The product/service that all real estate professionals sell is - ANSWER-their expert knowledge Which area of real estate requires the highest degree of expertise? - ANSWER-Counseling Which Florida Administrative Code expands upon th...

Joint Ventures correct answers is a temporary form of business arrangement often encountered in real estate business. Trade Names correct answers is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. correct answers Administrative Procedures Act Chapter 455, F.S. correct answers Regulation of Professional and Occupations Chapter 28, Sections 101-110 correct answers Division of Administrative H...

The only active general partner in a real estate partnership did not account properly for his escrowed funds. His license was suspended. All of the licenses of the sales associates in that partnership are A. Suspended B. Canceled C. Placed in involuntary inactive status D. Not affected - Answer- C. Placed in involuntary inactive status A sales associate is selling her own property "by owner." Which statement is TRUE regarding real estate licensees selling property "by owner?" a. T...

FREC Exam Questions & Answers 2023/2024 Chapter 475 - ANSWER-Real Estate Law 1) Real Estate Brokerage 2) Appraisal 3)Commercial Sales Lien Rights 4) Commercial Leasing Lien Rights Chapter 455 - ANSWER-Regulation of Businesses and Professions. Defines general practices and procedures for DBPR , including the practice of Real Estate FS 120 - ANSWER-Licensing and disciplinary procedures for Real Estate Licensees 61J2 FAC - ANSWER-Rules of the FREC Department of Business and Professio...

Florida Real Estate State Exam Prep Questions With Correct Answers 2024 Joint Ventures - Correct Answer is a temporary form of business arrangement often encountered in real estate business. Trade Names - Correct Answer is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. - Correct Answer Administrative Procedures Act Chapter 455, F.S. - Correct Answer Regulation of Professional and Occupat...