Gold Coast 45 Hour Exam Questions(Exam Version H 2023)

What type of brokerage business specialize in helping small business owners with the process of buying or selling their business? {Ans: business brokerage}What is states by a statue of frauds? {Ans: is a legal doctrine that requires certain types of contracts be in writing.}What is the best strategy when showing a property that has one or more material defects? {Ans: Disclose whatever the seller advises.}Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license? {Ans: CAM}What type of brokerage business specializes in selling or leasing income-producing properties such as malls, offices, restaurants, gas stations, and office towers? {Ans: Commercial Brokerage}Which is an example of a secondary mortgage market lender? {Ans: Fannie Mae, Freddie Mac, and Ginnie Mae}Why is it important for you to begin qualifying a potential buyer upon initial contact? {Ans: So you don't waist your time}Which chapter of the florida statue regulate real-estate licensees, schools, appraisers? {Ans: 475}Which document describes your overall goal as a professional in the real-estate business? {Ans: Mission Statement}What is a deed in lieu of foreclosure? {Ans: A way for a defaulting borrower who