Florida Real Estate Class Exam for Sales Associates Pre-Lic 2021

This class was created by Brainscape user Midge Simpson. Visit their profile to learn more about the creator.

Decks in this class (19)

Unit 1: The Real Estate Business
The term follow up refers to a re...,
Appraisers are paid compensation ...,
What information is used by licen...
9  cards
Unit 2: Real Estate License Law & Qualifications for Licensure
Part iii fs chapter 475 the comme...,
License application background ch...,
License application the informati...
9  cards
Unit 3: Real Estate License Law & Commission Rules
Dbpr stands for how does the secr...,
Frec florida real estate commissi...,
The powers of the frec fall into ...
20  cards
Unit 4: Authorized Relationships, Duties & Disclosure
Caveat emptor,
What two types of agency are form...,
A general agent is
15  cards
Unit 5: Real Estate Brokerage Activates & Procedures
Brokerage branch offices,
Brokerage office signs,
Advertising requirments
16  cards
Unit 6: Violations of License Law, Penalties, & Procedures
Conversion,
Complaint process,
Probable cause
19  cards
Unit 7: Federal & State Laws Pertaining to Real Estate
Fair housing act as amended,
Fair housing poster,
Special exemptions under fair hou...
13  cards
Unit 8: Property Rights: Estates & Tenancies, Condominiums, Cooperatives & Time-Sharing
Riparian rights,
Example of riparian rights,
Accretion
20  cards
Unit 9: Title, Deeds, & Ownership Restrictions
Involuntary alienation,
Escheat,
Two types of notices
24  cards
Unit 10: Legal Description
3 types of legal description,
The opposite of a metes bounds le...,
Government survey system
13  cards
Unit 11: Real Estate Contracts
Preparation of contracts 4 contra...,
Essential elements of a valid con...,
Statute of frauds
19  cards
Unit 12: Residential Mortgages
Promissory note or simple note,
Hypothecation,
Lien theory
8  cards
Unit 13: Types of Mortgages & Sources of Financing
Qualifying ratios,
Calculate total obligations ratio,
Common mortgage types
23  cards
Unit 14: Real Estate-Related Computations and Closing of Transactions
Calculate sales commission,
Calculate the percentage of profi...,
Define a walk through
11  cards
Unit 15: The Real Estate Market & Analysis
Variables that influence demand,
Conditions of a buyer s market
2  cards
Unit 16: Real Estate Appraisal
Liquidation value rapid sale,
Highest best use,
Overimprovement
13  cards
Unit 17: Real Estate Investments& Business Opportunity Brokerage
Equity,
Purchasing power risk,
Alternate name for purchasing pow...
5  cards
Unit 18: Taxes Affecting Real Estate
Exemption from property tax,
Immune properties,
Partially exempt properties
22  cards
Unit 19: Planning, Zoning & Environmental Hazards
Planning commission authority giv...,
Math calculate buildable lots,
Buffer zone
7  cards

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Florida Real Estate Class Exam for Sales Associates Pre-Lic 2021

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