Florida real estate frec - Study guides, Class notes & Summaries

Florida Real Estate License Law Questions and Answers 100% Pass Chapter 475 - Correct Answer ️️ -Real Estate License Law 1. Real Estate Brokerage 2. Appraisal 3. Commercial Sales Lien Rights 4. Commercial Leasing Lien Rights Chapter 455 - Correct Answer ️️ -Regulation of Business and Professions. Defines general practices and procedures of DBPR, including unlicensed practice of real estate. FS 120 - Correct Answer ️️ -Licensing and disciplinary procedures for real estate li...

Florida Real Estate Exam Tested Questions With Revised Correct Detailed Answers >Latest Update>> An agency relationship is formed when a customer: A. Asks for information about a particular property B. Pays a broker for help C. Asks questions about a broker's services and qualifications D. Gives a broker authority to act on his/her behalf - ANSWER broker authority to act on his/her behalf D. Gives a A broker who represents both the buyer and seller in a r...

Bob Hogue Real Estate Class Test Questions and Answers Already Passed What is the penalty for practicing real estate without a license in Florida? It is considered a third-degree felony. What must happen for a contract to be considered legally enforceable in real estate? The contract must have an offer, acceptance, consideration, and be in writing if required by the Statute of Frauds. How many days does a buyer have to cancel a new residential condominium contract after signing? ...

FL REAL ESTATE SALES ASSOCIATE EXAM REVIEW 2024 QUESTIONS AND ANSWERS 100% PASS Complaints against licensees are confidential until _____ days after probable cause is found to exist. - Correct Answer ️️ -10 Licensees involved in a first-time offense of a minor nature will receive a letter of noncompliance. There after the licensee has ____ days to take corrective action. - Correct Answer ️️ -15 Summary Suspension- What is it and who issues it? - Correct Answer ️️ -An emergen...

Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broker in a single agency relationship - Answer- Who is the ...

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS) Farming licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which ...

GOLD COAST REAL ESTATE EXAM Farming when a licensee focuses on one type or style of property or one particular neighborhood farm area target market; one of the best ways to succeed in real estate Areas of expert knowledge required for all real estate licensees 1. Property Transfer 2. Valuation and Market Conditions 3. Marketing (consider MLS; Multiple Listing Service) Residential Transaction F.S 475 The sale of any improved residential property of 4 units or fewer. Unimpr...

1 FLORIDA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ What did the Florida legislature do in 1923? - -Passed the Real Estate License Law, Chapter 275 of Florida Statutes What is Chapter 475 of the Florida Statutes? - -Real Estate License Law What did the Florida Legislature do in 1925? - -Created the Florida Real Estate Commission to administer and enforce law. What is the Florida Real Estate Commission responsible for doing? - -Keeping records, conducting inv...

A $1.5 billion agency regulating one million professionals and businesses across some 200 licensee categories in Florida is: correct answersThe Florida Department of Business and Professional Regulation. Who elects the Chairperson of the FREC? correct answersThe FREC Members What is the primary mission of FREC? correct answersTo protect the public Nelson just received his Florida license. Which of the following will NOT be on the license? correct answersAn Equal Housing Opportunity Logo...

Florida Real Estate License Law Questions and Answers 100% Pass Chapter 475 - Correct Answer ️️ -Real Estate License Law 1. Real Estate Brokerage 2. Appraisal 3. Commercial Sales Lien Rights 4. Commercial Leasing Lien Rights Chapter 455 - Correct Answer ️️ -Regulation of Business and Professions. Defines general practices and procedures of DBPR, including unlicensed practice of real estate. FS 120 - Correct Answer ️️ -Licensing and disciplinary procedures for real estate li...