Tract building – Answer- When a dev. Acquired land, records a plat map and uses a
model center from which sales may be made
Local level – Answer- Planning, zoning, property taxation, building and health codes and
regulations, and building moratoriums that affect development play a significant role in
the cost and desirability of real estate
Broker associate – Answer- A licensed broker working for another broker
False – Answer- A florida real estate license applicant must be a resident and citizen
(true or false)
Application Denial – Answer- You have 21 days to send a formal letter to the department
for a hearing if:
One – Answer- How mang brokers can a sales or broker associate work for
Post license requirements – Answer- No grace period
Sales associate first renewal – Answer- No grace period
Exempt from licensure – Answer- Attorney in fact\/ Attorney at Law
Attorneys at law – Answer- My perform legal services on behalf ofntheir clients; they
may prepare documents, handle closings, and give legal advice.
Involuntary inactive – Answer- An individual who does not request renewal of their
second or subsequent lecense, pay the required fees, or maintain their continuing
education requirements will have their license placed in
2 years – Answer- A license may remain in involuntary inactive status for no longer than
Special Agent – Answer- A special agent is authorized under agency law by the
employer to perform a single act. The employment contract between the employer and
agent establishes the limit of authority granted
Presenting offers – Answer- A broker has a buty to transmit any and all offers to the
employer including oral offers or offers made without a binder deposit<\/p>\n\n\n\n
Limited – Answer- A transaction broker provides what kind of representation <\/p>\n","protected":false},"excerpt":{"rendered":" Tract building – Answer- When a dev. Acquired land, records a plat map and uses amodel center from which sales may be madeLocal level – Answer- Planning, zoning, property taxation, building and health codes andregulations, and building moratoriums that affect development play a significant role inthe cost and desirability of real estateBroker associate – Answer- […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-117691","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/117691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=117691"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/117691\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=117691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=117691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=117691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Single agent – Answer- this agency relationship is created when a broker accepts
employment under a single agency agreement. A broker may represent a seller or
buyer , or a landlord or tenant.
Principal – Answer- In a single agency relationship, the employer becomes the
For sale By owner – Answer- Non Representation or (No Brokerage Relationship can
also be called)
FSBO – Answer- For sale by owner can also be called
Stationary Construction – Answer- An active broker is required to have this open which
must be registered with the department of Business and Professional Regulation where
Negotiations and the closing of real estate transactions can be conducted with privacy
Others – Answer- Licencees should make clear that they are dealing on their own
account and not acting on the behalf of
Public – Answer- Licencees should make known their status as licencees to members of
the
Serious negotiations – Answer- This Disclosure should be made prior to entering into
Deposit – Answer- A form of Money, personal property, real property, or anything of
value that is capable of being converted into cash.
Closing – Answer- Typically the deposit is intended as partial payment of the purchase
price at?
Post dated checks – Answer- Are considered to be promissory notes and can be
accepted as earnest money with the seller’s approval.
True – Answer- When a deposit is placed, or is to be placed, with a title company or an
attorney, the licensee who prepared or presented the sales contract must indicate on
that contract the name, address, and telephone number of the title company or attorney
with whom the deposit was placed (True or False)
Escrow or trust account – Answer- May be held in a commercial bank, title company
which has trust powers, credit union, or savings and loan association located in the
state of Florida
cannot – Answer- The escrow account __<\/strong> be held in a stock or bond brokerage
house<\/p>\n\n\n\n