Escrow chapter 2 - Study guides, Class notes & Summaries

Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2 |Question and Answer| 100% Correct .35 per 100 *Ans* Which characteristic applies to the note documentary stamp tax? 1,181.75 *Ans* Closing date is June 8 with the day of closing belonging to the buyer. Annual real estate taxes are 2,730. Using the 356 day method, what prorated amount of taxes will be debited to the seller? 10 *Ans* FREC may suspend a licensee for a maximum of how many years 10,000 *Ans* What is the maximum...

Florida Real Estate Exam Questions Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 1) $1,050.00 2) $1,260.00 3) $630.00 4) $525.00 - ANS $1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heather has been using a ...

Colibri Chapter Quiz Questions | 100% Correct Answers | Verified 2024 Version A licensee who is interested in retail stores and shopping centers should look into entering: residential real estate. commercial real estate. real estate counseling. real estate appraisal. - Commercial Of the following, which would NOT likely be a prospect? Blogs FSBOs People in your target audience Sphere of influence - Blogs Which of the following is considered the most important factor in real estat...

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...

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 ...

INTRODUCTION TO REAL ESTATE 2 2 PART I: LEGAL DESCRIPTIONS, METHODS OF ACQUIRING TITLE, AND DEEDS 20 PART II: ESTATES AND METHODS OF HOLDING TITLE 53 3 ENCUMBRANCES, LIENS, AND HOMESTEADS 70 4 REAL ESTATE AGENCY 94 5 REAL ESTATE CONTRACTS AND MANDATED DISCLOSURES 120 6 PRACTICAL REAL ESTATE MATHEMATICS 166 7 INTRODUCTION TO REAL ESTATE FINANCE 194 8 PART I: REAL ESTATE LENDERS 224 PART II: FHA, VA, AND CAL-VET LOANS AND THE SECONDARY MORTGAGE MARKET 241 9 REAL ESTATE APPRAISAL 262 1...

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...

Bob Hogue chapter 5 John Anderson is a licensed real estate sales associate. Under which name may he register and be licensed: a.) Complete Real Estate Sales Services b.) John Anderson Brokerage c.) John Anderson, LLC d.) John Anderson and Partners - ANS John Anderson, LLC A sales associate receives a binder deposit from a prospective buyer and Thursday morning. Later that same day, the associate gives the binder deposit to his broker. By the end of business on what day of the we...

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...

Texas Real Estate Agent A person who is licensed through TREC. Texas Real Estate Commission Does a person who manages, buys, sells, leases, or rents their own property have to be licensed through TREC? No. There are two types of licenses: broker's and salesperson's license What is the most popular division of the real estate market? Residential real estate because there are more transactions in residential in other forms of real estate. Residential brokerage in...