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

FLORIDA REAL ESTATE U STUDY GUIDE EXAM ACTUAL QUESTIONS AND CORRECT DETAILED ANSWERS An organization with at least one real estate broker acting as the agent for others in negotiating the sale or rental of real property for a fee is known as a/an? - Real estate brokerage What is a home built from blueprints supplied by the buyer is called? - A custom home Why is there a high demand for property managers in Florida? - Absentee owners One qualified by education, training and exper...

FLORIDA REAL ESTATE SALES ASSOCIATE COURSE UPDATE 2023 A sales associate works under - ANSWER the direction of broker or in some cases an owner-developer A licensed appraiser is compensated for an appraisal - ANSWER with a flat fee The product/service that all real estate professionals sells is - ANSWER their expert knowledge Which area of real estate requires the highest degree of expertise - ANSWER Counseling Which Florida Administrative Code expands upon the statutory provision...

Why is there a high demand for property managers in Florida? Correct Answer Absentee owners One qualified by education, training and experience who is hired to estimate the value of real and personal property based on experience, judgment, facts, and use of formal appraisal process is known as a/an? Correct Answer Appraiser What is dedication? Correct Answer Giving up private land for public use An organization with at least one real estate broker acting as the agent for others in negot...

FLORIDA REAL ESTATE U FINAL EXAM (Q&A) 100% VERIFIED.

Florida Real Estate Exam Practice Questions 2022 1. Which statement is true regarding the use of the term REALTOR? A. All real estate licensees are realtors B. All realtors are members of the NAR C. The term real estate licensee and realtor may be used interchangeably D. The Florida DBPR authorizes the use of the term realtor: b. 2. The term "follow-up" refers to a. returning calls in a timely manner

Which of the following are tax-deductible expenses resulting from home ownership? Correct Answer Mortgage interest and property taxes Which of the following is true regarding the $500,000 exemption, in the sale of a personal residence, for a married couple filing jointly? Correct Answer A married couple can use the $500,000 joint exemption if only one meets the ownership requirement, but BOTH meet the occupancy requirement A homeowner in NC had constructed a three-bedroom house with two ...

Florida Real Estate Unit 1 Exam Questions & Answers, VERIFIED/ The product that a real estate sales associate must market is ________ ________ - -expert information List the three areas of expertise that real estate licensees bring to the transaction - -Knowledge of property transfer, Knowledge of market conditions, Knowledge of how to market real estate and businesses List the five major sales specialties - -Residential, commercial, industrial, agricultural, businesses Real estate s...

FLORIDA REAL ESTATE SALES ASSOCIATE UNITS 1-8 POST-LICENSING EDUCATION QUESTIONS WITH ANSWERS. LATEST UPDATE 2023/2024 Generally, a licensee in a residential sales transaction must give a __________ notice to potential buyers or sellers before or at the time of entering into a listing agreement or before the showing of property, whichever occurs first. - ANSWER brokerage relationship notice The EPA requires contractors who disturb paint in properties built before 1978 to be ...

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