Post pre licensing - Study guides, Class notes & Summaries

NC prelicensing exam Questions anTime share - ANSWER A right to occupy a unit during 5 or more separate time periods over a period of at least 5 years, can be freehold or non-freehold estate What are other names for a time share? - ANSWER Vacation lease, prepaid hotel reservation, club membership, limited partnership or vacation bond How long does someone have to cancel a time share contract? - ANSWER 5 days How long must a time share developer keep money in a trust account? - ANSWER 10...

Aceable Agent Exam Questions with 100% Correct Answers C. client - answerA real estate agent works exclusively with buyers. They have chosen a specialization that focuses on the: A. geographical area B. commission split C. client D. property type C. sales prices are more negotiable for buyers - answerWhich of the following describes a buyers market? A. It's likely a seller can easily sell a home for more than the listing price B. Sellers are less likely to have to pay for closing cos...

Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024 Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer Which of the following is true about leverage? - ANSWER Leverage is the use of borrowed funds to purchase assets. Which of the following liens would take priority? - ANSWER A property tax lien In which of the following theories of mortgage lending does the borrower not retain ownership of the property during the loan ...

Requirements for Licensure (provisional broker) - Answer-1) Complete 75 hour Pre-Licensing Class & pass the FM Final & States Board's 2) To maintain your PB license you must take 8 hours of continued education by June 10th of every year 3) Within 18 months after getting your PB license, you must remove your PB status & become a Non Provisional or Full Broker Continued Education begins after: - Answer-your initial June 10th as a licensee How many months do you have after getting your PB...

What are the two applicant agendas? Which is a nonappearance agenda and which is an appearance agenda? Consent agenda (nonappearance) and Summary of Applicant (SOA, applicant appearance agenda) What is the time period allowed for the DBPR to check an application for errors and omissions? 30 days Theft of a license exam or unauthorized copying of an exam is what type of crime? Third degree felony What is a Mutual Recognition Agreement? A written agreement between the FREC and another sta...

Aceable Agent Exam Questions with 100% Correct Answers C. client - answerA real estate agent works exclusively with buyers. They have chosen a specialization that focuses on the: A. geographical area B. commission split C. client D. property type C. sales prices are more negotiable for buyers - answerWhich of the following describes a buyers market? A. It's likely a seller can easily sell a home for more than the listing price B. Sellers are less likely to have to pay for closing cos...

A security officer has the same authority as a peace officer. TRUE OR FALSE - Answer-False A security officer can arrest a suspect for any misdemeanor that has been committed within his view or presence. - Answer-FALSE A security services contractor can provide security patrol services to a business on a contractual basis. - Answer-TRUE The Private Security Bureau has the authority to license its investigators as peace officers. - Answer-TRUE One of the primary roles of a security officer ...

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 ...

Common Rule correct answers label given to the Federal Policy for the Protection of Human Subjects challenges in regulation of drugs/health products correct answers - safety and effectiveness - handling oversight pre and post market - intellectual property rights - access to medication history of regulations correct answers Imports Drug Act of 1848 --> founding of USDA Bureau of Chemistry in 1862 --> Biologics Control Act of 1902 --> Pure Food and Drug Act of 1906 --> Shir...

A security officer has the same authority as a peace officer. TRUE OR FALSE - Answer-False A security officer can arrest a suspect for any misdemeanor that has been committed within his view or presence. - Answer-FALSE A security services contractor can provide security patrol services to a business on a contractual basis. - Answer-TRUE The Private Security Bureau has the authority to license its investigators as peace officers. - Answer-TRUE One of the primary roles of a security officer ...