Frec exam 2024 Study guides, Class notes & Summaries

AZURE TIDE REAL ESTATE SCHOOL Exam Questions with Correct Answers 2024/ Verified A tenant was required to pay $1200 as security deposit. Three weeks after making the deposit, the landlord passed along to the tenant by phone the mandatory information concerning his deposit of funds. Why has the landlord violated F.S. 83? - Correct Answer The landlord failed to notify the tenant in writing of the bank name, address, and other information regarding the deposit Sales associate Donald hired Sam a...

1. Which of the following statements is true regarding a mortgage loan originator (MLO)? a. A mortgage loan originator is the same as a mortgage broker. b. A mortgage loan originator must have a separate license. c. A mortgage loan originator makes loans. d. A mortgage loan originator must have a real estate license. - correct answer B 2. A real estate appraiser's fee for professional service is based on which of the following? a. A percentage of the property's gross income. b. A perc...

Real Estate Express Final Exam 2023-2024 Questions and Answers 100% Correct Real Estate Express Final Exam 2023-2024 Questions and Answers 100% Correct Real Estate Express Final Exam 2023-2024 Questions and Answers 100% Correct Real Estate Express Final Exam 2023-2024 Questions and Answers 100% Correct Yes, because the city is using its power of eminent domain for public good. - ANSWER-A city acquires a 10-foot strip of a property owner's land for a public walking trail. T...

Florida Real Estate U Final Exam Answered 2023/2024 An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator A licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities Broker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed P...

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...

FREC Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ 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...

Gold Coast Final Exam 2024 Questions and answers 100% correct What is the form you sign that says you will pay the loan back ? - ANSWER-promissory note What is the post licensing grace period after first expiration ? - ANSWER-none Deposits is a form of... - ANSWER-valuable consideration Physical land and improvements - ANSWER-real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both ...

Post Licensing Exam for Sales Associate in FL Exam Questions And Correct Answers, Complete Verified Solution 2024. A property is likely to sell faster if it is priced at the... "sold" section of the CMA Voluntary Inactive The license status that results when a licensee has met all of the requirements for licensure, yet the licensee chooses not to engage in the real estate business, and has requested that the license be placed in this status. Involuntary Inactive A sales associate who w...

FL Pre-License Sales Cours (FREC Course 1) Exam Study 2023/2024 title - ANSWER-collection of rights person has in ownership of real property alienation - ANSWER-transfer By Operation of Law - ANSWER-the courts have intervened Condemnation - ANSWER-court action used when right of eminent domain is exercised Lis Pendens - ANSWER-pending litigation Opinion of Title - ANSWER-title meets all ownership needs and has no questions in its history Abstract - ANSWER-history Cloud - ...

FREC Exam Questions & Answers 2023/2024 FREC - ANSWER-in charge of establishing and enforcing real estate rules and regulations for licensees 7 - ANSWER-How many commissioners are there? govener - ANSWER-who are the appointed by? 4 years - ANSWER-how many terms Four members must be active brokers, licensed for at least five years One member is an active sales associate or broker, licensed for at least two years Two members are consumers, who have never been licensed At least on...