Fl real estate chapter 2 - 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,...

Americans with Disabilities Act of 1990 - ️️removes barriers that prevent qualified individuals with disabilities from enjoying the same opportunities that are available to persons without disabilities. The Act prohibits discrimination in places of PUBLIC ACCOMIDATIONS and in commercial facilities. Accumulation of the Recovery Fund - ️️total of $1 million is the limit for fund at any one time. Accumulated by charging Licensees a Recovery Fund Fee when a new lic is issued or renewe...

FL REAL ESTATE LAWS QUESTIONS AND ANSWERS 100% PASS The Real Estate License Law - Correct Answer ️️ -1. Protect consumers from loss because of dishonest and incompetent real estate sales associates 2. Protect the good standing of ethical associates from the adverse publicity caused by unprincipled licensees Florida Real Estate Commission (FREC) - Correct Answer ️️ -consists of seven members appointed by the governor and confirmed by the state Senate. The Commission is composed of...

Florida Real Estate State Exam Prep with Complete Questions and AnswersFlorida Real Estate State Exam Prep with Complete Questions and AnswersFlorida Real Estate State Exam Prep with Complete Questions and Answers Joint Ventures - ANSWER-is a temporary form of business arrangement often encountered in real estate business. Trade Names - 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. -...

Florida Real Estate State Exam Prep Questions and Answers 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 ...

Florida Real Estate Pre-Licensing Exam 2023/2024 There is a presumption in FL law that business have some sort of real property attached either land or physical improvements for this reason in FL for this reason a ____ is required. - ANSWER-a real estate license is required Which of the following evaluations needs a services or certified appraiser? - ANSWER-Appraisal from a federal loan To reduce potential liability real estate professional should avoid giving information about - ANSWER...

Florida Real estate exam chapter 2 Questions and Answers 100% Pass Caveat emptor - Correct Answer ️️ -Let the buyer beware RE license law - Correct Answer ️️ -1923. Chapter 475 of the Florida statutes. Passed by the Florida legislature. 3 regulatory bodies - Correct Answer ️️ -DBPR (over many industries) DRE (Real estate) FREC DRE - Correct Answer ️️ -Division of RE provides support services to the commission. It's under the Department of Business and Regulation. Sales...

Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2 Property management Abesntee ownership has increased the demand for which area of brokerage A fee based upon time and difficulty of appraisal What is a real estate appraiser is paid A subdivision plat map What does the local planning agency have the authority to approve Dedication What is it called when a developer gives land to a governmental body? Property management What business is a license engaged in who...

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...

Executive Branch of Florida Government (including the DBPR) - Answer Florida Statue Chapter 20 The law is often referred to as the Real Estate Practice Act - Answer Florida Statute Chapter 475 The law that was established for Real Estate Brokers, sales associates, and appraisers - Answer Florida Statue Chapter 475 Part I of the Florida statue 475 pertains to: - Answer Real estate brokerages Part II of the Florida Statue 475 pertains to: - Answer Real estate appraisers and sets for th...