45 hour post licensing Study guides, Class notes & Summaries

45 Hour Post License Florida Exam Questions And Answers Farming - ANS Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: - ANS - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved pro...

A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for - correct answer $300,000 What facts need not be disclosed in a real estate transaction? - correct answer The property was the site of a homicide. What is a good graphic to show a seller that there will be more activity if the property is competitively priced? - correct answer The pricing pyramid A home sells for $310,500. Expenses of the sale are $4,800. The brokerage...

Single Agent - ANSWER A broker who represents either the seller or the buyer in a real estate transaction, but not both. single agent notice - ANSWER A disclosure form informing the principal of the duties of his single agent. appraising - ANSWER The process of estimating the market value of property. principal - ANSWER (1) The person who enters into a fiduciary relationship with a single agent licensee. (2) The amount of money remaining due on a mortgage loan. buyer brokerage agreem...

Which is NOT permitted under the do-not-call rules? - ANSWER Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - ANSWER Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - ANSWER a residential condominium as a single agent A person who wants to be a certified lead paint renovator must - ANSWER successfully complete an 8-hour training course offered by an ...

Single Agent - ANSWER A broker who represents either the seller or the buyer in a real estate transaction, but not both. single agent notice - ANSWER A disclosure form informing the principal of the duties of his single agent. appraising - ANSWER The process of estimating the market value of property. principal - ANSWER (1) The person who enters into a fiduciary relationship with a single agent licensee. (2) The amount of money remaining due on a mortgage loan. buyer brokerage agreem...

A contract that violates a rule intended for the protection of private parties, as when a party lacked capacity or did not give free consent at the time the contract was made is said to be: - Answer - relatively null If a court is called upon to determine the intent of the parties to a contract based upon the language in the contract, the court will interpret the contract _____ the party that did not draft it. - Answer - in favor of Another, more common, name for a mandate or procuration...

Real Estate 45 Hour Post Licensing AccuratSingle Agent - ANSWER A broker who represents either the seller or the buyer in a real estate transaction, but not both. single agent notice - ANSWER A disclosure form informing the principal of the duties of his single agent. appraising - ANSWER The process of estimating the market value of property. principal - ANSWER (1) The person who enters into a fiduciary relationship with a single agent licensee. (2) The amount of money remaining due on ...

Which is NOT permitted under the do-not-call rules? - ANSWER Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - ANSWER Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - ANSWER a residential condominium as a single agent A person who wants to be a certified lead paint renovator must - ANSWER successfully complete an 8-hour training course offered by an ...

Single Agent correct answers A broker who represents either the seller or the buyer in a real estate transaction, but not both. single agent notice correct answers A disclosure form informing the principal of the duties of his single agent. appraising correct answers The process of estimating the market value of property. principal correct answers (1) The person who enters into a fiduciary relationship with a single agent licensee. (2) The amount of money remaining due on a mortgage loa...

45 Hour Post Licensing Exam Guide Questions and CORRECT Answers Which is NOT permitted under the do-not-call rules? - Correct ANSWER- Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - Correct ANSWER- Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - Correct ANSWER- a residential condominium as a single agent A person who wants to be a certified lead...