Executive broker - Study guides, Class notes & Summaries

Arkansas Real Estate Exam Questions and Answers Rated A principal broker an individual who performs certain real estate services for another party for compensation. ultimately responsible for the company's activities, notably the activities of other licensees as well as the business's trust accounts. real estate duties not requiring license Delivery of a lease application or lease. Receiving a lease or lease application for delivery to the principal broker, real estate firm, or owner. Receivi...

The members of the Arkansas Real Estate Commission are: a. Elected b. Hired by the Commission's executive director c. Selected by the Legislature d. Appointed by the GovernorD The term of an Arkansas Real Estate Commissioner is: a. determined by the Governor b. two years c. three years d. four yearsC Which of the following is NOT a responsibility of the Arkansas Real Estate Commission? a. Administering time share developer registration and advertising b. ...

Types of Licenses - ANSWER--Producers -Business entity producers -Nonresident producers -Temporary -Special Brokers -Advisers -Public insurance adjusters -Reinsurance Adjusters -Life settlement broker portable electronics insurance limited lines insurance Producers - ANSWER-is a general term applied to anyone who engages in the sale of insurance products. Producers must be licensed by the state in which they wish to sell insurance. Business entity producer - ANSWER-A requirement f...

Florida Real Estate Final Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Tom intends to make application to become a Fla real estate sales associate. He must have a Social Security number, a high school diploma, be over 18, and be competent to negotiate. What is not required? Answer: To be a US Citizen Q: Mary has a 4 year degree in real estate. Mary must still attend the pre-licensing course and post-licensing education. What class...

Enable the agency to pass specific regulations and rules to support the administration of the license law Regulatory Powers Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Judicial Powers Enable it to establish the staff organization, records, and facilities to manage the licensing process and the licensees themselves Administrative Powers Protect the public Mission of the Tennessee Real ...

Gold Coast: Study Guide for State ExamCh.1 Licensees must have expertise in the following three areas: - correct answer Property Transfer (1), Valuation and Market Conditions (2) and Marketing (3) Ch.1 Industrial Sales and Leases - correct answer Involve users/owners rather than investors. Knowledge concerning government regulations of land use sand meet the requirements. Ch.1 Tract Building - correct answer is when a developer acquires a large tract of land, records a subdivision plat ...

Gold Coast RE 1001 Cram, Practice Math and Final Exam Questions And Answers 312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Non Representation b. Single agency c. Dual agency d. Transaction brokerage - ANS D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be ...

Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions Graded A+ 312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be ...

How long must brokers keep real estate transactions records? - 5 (five) years What is right of the commission to allow licensees in other states to receive a license in on state if that state allows our licensees the same privilege? - Reciprocity Subject-to - The buyer acknowledges the debt and agrees to pay the debt, but if the buyer defaults, the seller is liable for repayment of the debt. Real Estate Commission members serve - 6 (six) year terms Members of The LA Real Estate Commission ...

Regulatory Powers Enable the agency to pass specific regulations and rules to support the administration of the license law Judicial Powers Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Administrative Powers Enable it to establish the staff organization, records, and facilities to manage the licensing process and the licensees themselves Mission of the Tennessee Real Estate Commission P...