Terms in this set (19)
The duties of a property manager include all except?
Selling the property.
Which is the most important issue for a broker acting as a property manager to accomplish?
to get maximum income in while preserving the value of the investment.
Which statement is TRUE?
THe real estate industry makes up about 25% of the nations economy.
The act of appraisal can be completed by:
An appraiser following the USPAP standards.
The practice o a real estate agent specializing in a certain geographic area is called:
Which would NOT usually be involved in financing real estate:
A real estate broker
Services that a property manager must perform for the owner are listed in:
A property management agreement.
Agriculture property in Florida is property that:
has more than 10 acres.
A real estate professional needs a license because:
He has expert information on real estate that an average layperson does not have.
local communities regulate real estate by:
creating zone laws
Putting together tow or more parcels of land to make a large piece is called:
A home that is specially built for a buyer, using his/her blueprints is called:
A custom home
Which is NOT commonly an area of federal government interference in real property:
Dedication most nearly means:
Giving private land for public use
Having a membership in the National Association of REALTORS (NAR), Florida Association for REALTORS (FAR), and the local Board (association) of REALTORS is:
Voluntary as These organizations are trade groups and have nothing to do with obtaining or maintaining real estate license.
It is unethical for an appraiser to accept compensation for preforming an assignment when it is contingent upon
The reporting of a pre-determined result
In florida there is a demand for property management services due to the large amount of:
The florida real estate appraisal board (FREAB) is headquartered in Orlando and consists of:
One example of a Loan Originator would be a(n):
Seller who finances more than one home in a two year period