- Who is responsible to deliver the HOA, (Home-Owner's Association) disclosure document to the buyer?
- What is the penalty for a first-time Minotaur Violation and how many days does a licensee have to correct the violation ?
- When must a broker deposit funds into the escrow account?
- What kind of listing is used when the seller requires a specific amount of money from the transaction in order to list with a brokerage?
- Which type of easement would be created if the water company had the right to dig up an owners property to install a water pipe?
- When must a listing agent disclose his or her agency relationship to prospective tenants or buyers
- A broker obtains an exclusive listing to sell a house, but after two months, he abandons the listing because the seller is too demanding and hot-tempered. What can the seller do in this situation
- One of the agent's fiduciary duties that continues even after a listing agreement expires is
- The Federal Reserve, or the "Fed" is the central bank of the United States. Which of the following statements is false about the "Fed"?
- How is the binder deposit shown on the Closing Disclosure Form?
- What is the continuing education requirement of a sales associate after the licensee has completed the post-licensing education requirement during the initial license period?
- A licensed real estate sales associate conducted an appraisal for a fee. The FREC found the licensee to be in violation of the Uniform Standards of Professional Appraisal Practice. Which statement is true?
- Which of these describes of a non-freehold estate that includes a definite specified amount of time?
- what is the status of a sales associates license if he/she does not complete the required post licensing education prior to his/her first renewal cycle?
- Which of the following is a set of administrative rules developed by the Florida Real Estate Commission?
- From an agent's point of view, the most desirable form of listing agreement is a
- The purchase price of a property is $500,00. The buyer's financials are as follows:The buyer put $50,000 in escrowThe buyer has $50,000 of his own moneyThe buyer is assuming the seller's mortgage of $85,000The buyer is acquiring a new mortgage of $225,000The buyer has decided to ask the seller to take back a mortgage. How much would the mortgage be if the seller takes back a purchase money mortgage from the buyer?
- Which mortgage clause allows the mortgagee the right to demand the outstanding loan balance plus accrued interest in the event that the borrower sells or transfers any interest in the property without the lenders prior written consent?
- Which of the following is true of the connection between compensation and the agency relationship
- Agent Peter has an open listing with Frank. Paul is Peter's broker. Agent Perry's customer buys Frank's house. Patrick has a commission agreement with Frank. Who is most likely to be compensated in this scenario