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Florida real estate exam chapter 14 Questions and Answers 100% Pass
Florida real estate exam chapter 14 Questions and Answers 100% Pass The purpose of the closing statement is to - Correct Answer ️️ -summarize the financial aspects of a real estate transation Which entry would normally appear as a debit on the buyer's statement - Correct Answer ️️ -intangible tax on a new mortagage Single entry items - Correct Answer ️️ -must be accounted for in the broker's statement Which entry would appear as a credit on the seller's closing statement -...
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Florida real estate exam chapter 14 Questions and Answers 100% Pass The purpose of the closing statement is to - Correct Answer ️️ -summarize the financial aspects of a real estate transation Which entry would normally appear as a debit on the buyer's statement - Correct Answer ️️ -intangible tax on a new mortagage Single entry items - Correct Answer ️️ -must be accounted for in the broker's statement Which entry would appear as a credit on the seller's closing statement -...
Unit 4: Florida Real Estate Exam Questions and Answers 100% Pass
dual agency - Correct Answer ️️ -Representing both principals in a transaction (not a legal agency relationship in Florida). dual agent - Correct Answer ️️ -A broker who represents as a fiduciary both the buyer and the seller in a residential real estate transaction; dual agency is illegal in Florida. fiduciary - Correct Answer ️️ -Occurs when a broker is in a relationship of trust and confidence with the broker as agent and the seller or the buyer as principal. fraud - Correct...
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dual agency - Correct Answer ️️ -Representing both principals in a transaction (not a legal agency relationship in Florida). dual agent - Correct Answer ️️ -A broker who represents as a fiduciary both the buyer and the seller in a residential real estate transaction; dual agency is illegal in Florida. fiduciary - Correct Answer ️️ -Occurs when a broker is in a relationship of trust and confidence with the broker as agent and the seller or the buyer as principal. fraud - Correct...
Florida Real Estate License Law Questions and Answers 100% Pass
Florida Real Estate License Law Questions and Answers 100% Pass Chapter 475 - Correct Answer ️️ -Real Estate License Law 1. Real Estate Brokerage 2. Appraisal 3. Commercial Sales Lien Rights 4. Commercial Leasing Lien Rights Chapter 455 - Correct Answer ️️ -Regulation of Business and Professions. Defines general practices and procedures of DBPR, including unlicensed practice of real estate. FS 120 - Correct Answer ️️ -Licensing and disciplinary procedures for real estate li...
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Florida Real Estate License Law Questions and Answers 100% Pass Chapter 475 - Correct Answer ️️ -Real Estate License Law 1. Real Estate Brokerage 2. Appraisal 3. Commercial Sales Lien Rights 4. Commercial Leasing Lien Rights Chapter 455 - Correct Answer ️️ -Regulation of Business and Professions. Defines general practices and procedures of DBPR, including unlicensed practice of real estate. FS 120 - Correct Answer ️️ -Licensing and disciplinary procedures for real estate li...
florida real estate exam practice chapter 5 Questions and Answers 100% Pass
florida real estate exam practice chapter 5 Questions and Answers 100% Pass a sales associate licenced with a real estate brokerage corporation can be - Correct Answer ️️ -a stokeholder six induviduls decide to form a real estate brokerage partnership. all six induviduls are planning to be acive in real estate sales. with best principals - Correct Answer ️️ -the partership must be registered with the commition , and all six partners must be active real estate brokers A brokers as...
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florida real estate exam practice chapter 5 Questions and Answers 100% Pass a sales associate licenced with a real estate brokerage corporation can be - Correct Answer ️️ -a stokeholder six induviduls decide to form a real estate brokerage partnership. all six induviduls are planning to be acive in real estate sales. with best principals - Correct Answer ️️ -the partership must be registered with the commition , and all six partners must be active real estate brokers A brokers as...
Florida Real Estate Chapter 12 review questions with 100% correct answers
Florida Real Estate Chapter 12 review questions with 100% correct answers This refers to pledging of property as security for payment of a loan without surrendering possession of the property - Correct Answer ️️ -hypothecation What are the 2 instruments involved in a mortgage loan - Correct Answer ️️ - promissory note mortgage The legal instrument that represents the evidence of a debt is known as the - Correct Answer ️️ -promissory note The instrument that pledges the prope...
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Florida Real Estate Chapter 12 review questions with 100% correct answers This refers to pledging of property as security for payment of a loan without surrendering possession of the property - Correct Answer ️️ -hypothecation What are the 2 instruments involved in a mortgage loan - Correct Answer ️️ - promissory note mortgage The legal instrument that represents the evidence of a debt is known as the - Correct Answer ️️ -promissory note The instrument that pledges the prope...
Florida Real Estate - Chapter 8 - Property Rights Questions and Answers 100% Pass
Florida Real Estate - Chapter 8 - Property Rights Questions and Answers 100% Pass Real property - Correct Answer ️️ -includes all real estate plus the bundle of rights inherent in the ownership. * term interchangeable with real estate. riparian rights - Correct Answer ️️ -associated with land abutting a flowing waterway such as stream. property owner does not own stream, but has right to use it for fishing or boating littoral rights - Correct Answer ️️ -land abutting tidal bod...
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Florida Real Estate - Chapter 8 - Property Rights Questions and Answers 100% Pass Real property - Correct Answer ️️ -includes all real estate plus the bundle of rights inherent in the ownership. * term interchangeable with real estate. riparian rights - Correct Answer ️️ -associated with land abutting a flowing waterway such as stream. property owner does not own stream, but has right to use it for fishing or boating littoral rights - Correct Answer ️️ -land abutting tidal bod...
Florida Real Estate Broker Exam Questions and Answers 100% Pass
Florida Real Estate Broker Exam Questions and Answers 100% Pass Technical skills - Correct Answer ️️ -Skills that include time management, preparing Cmas, and completing contracts. Desk cost - Correct Answer ️️ -Dividing total office expenses by number of sales associates Institutional advertising - Correct Answer ️️ -Advertising that describes the firm, its personnel, and its services. Fixed expense - Correct Answer ️️ -Occupancy costs are an example of what type of exp...
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- • 21 pages •
Florida Real Estate Broker Exam Questions and Answers 100% Pass Technical skills - Correct Answer ️️ -Skills that include time management, preparing Cmas, and completing contracts. Desk cost - Correct Answer ️️ -Dividing total office expenses by number of sales associates Institutional advertising - Correct Answer ️️ -Advertising that describes the firm, its personnel, and its services. Fixed expense - Correct Answer ️️ -Occupancy costs are an example of what type of exp...
Florida Real estate exam chapter 2 Questions and Answers 100% Pass
Florida Real estate exam chapter 2 Questions and Answers 100% Pass Caveat emptor - Correct Answer ️️ -Let the buyer beware RE license law - Correct Answer ️️ -1923. Chapter 475 of the Florida statutes. Passed by the Florida legislature. 3 regulatory bodies - Correct Answer ️️ -DBPR (over many industries) DRE (Real estate) FREC DRE - Correct Answer ️️ -Division of RE provides support services to the commission. It's under the Department of Business and Regulation. Sales...
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- • 4 pages •
Florida Real estate exam chapter 2 Questions and Answers 100% Pass Caveat emptor - Correct Answer ️️ -Let the buyer beware RE license law - Correct Answer ️️ -1923. Chapter 475 of the Florida statutes. Passed by the Florida legislature. 3 regulatory bodies - Correct Answer ️️ -DBPR (over many industries) DRE (Real estate) FREC DRE - Correct Answer ️️ -Division of RE provides support services to the commission. It's under the Department of Business and Regulation. Sales...
Florida real estate contracts Chapter 11 Questions and Answers 100% Pass
Florida real estate contracts Chapter 11 Questions and Answers 100% Pass Defines the parties legal relationship and spells out their rights and duties - Correct Answer ️️ -Contract To drop the wording of legal documents or legal instruments for other is considered what? - Correct Answer ️️ -Practicing law True or false. Brokers and sales associates may prepare deeds, mortgages, promissory notes or most other legal documents. - Correct Answer ️️ -False. Unless they are an atto...
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- • 8 pages •
Florida real estate contracts Chapter 11 Questions and Answers 100% Pass Defines the parties legal relationship and spells out their rights and duties - Correct Answer ️️ -Contract To drop the wording of legal documents or legal instruments for other is considered what? - Correct Answer ️️ -Practicing law True or false. Brokers and sales associates may prepare deeds, mortgages, promissory notes or most other legal documents. - Correct Answer ️️ -False. Unless they are an atto...
Florida Real Estate exam chapter 8 Questions and Answers 100% Pass
Florida Real Estate exam chapter 8 Questions and Answers 100% Pass Nature of property - Correct Answer ️️ -Allodial system allocates full property ownership rights to private individuals. Grew out of English feudal system. 1. Land 2. Real estate 3. Real property Physical components of land - Correct Answer ️️ -1. Surface rights. Land and water rights. 2. Subsurface rights. Mineral rights. 3. Air rights. Space above a tract, extending up to a height established by law. Types of...
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- • 6 pages •
Florida Real Estate exam chapter 8 Questions and Answers 100% Pass Nature of property - Correct Answer ️️ -Allodial system allocates full property ownership rights to private individuals. Grew out of English feudal system. 1. Land 2. Real estate 3. Real property Physical components of land - Correct Answer ️️ -1. Surface rights. Land and water rights. 2. Subsurface rights. Mineral rights. 3. Air rights. Space above a tract, extending up to a height established by law. Types of...
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Hondros Nursing 172 Exam 2 Questions and Answers 100% Pass
Oregon Pesticide Examination: Ornamental and Turf Herbicide Questions and Answers 100% Pass
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INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
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