Sales Associate Pre-License Course Florida Real Estate Exam Sunday Latest With 137 Real Exam Questions And Answers(Verified Answers)

According to the Brokerage Relationship Disclosure Act, which is the only brokerage relationship form that must be signed or initialed? {Ans: Consent to Transition to Transaction Broker. Goes from representing only one part to both (buyer and seller)}The base line goes in which direction? {Ans: East to West/ West to East}Who are the three players of the Secondary Mortgage Market? {Ans: Federal National Mortgage Association Federal Home Loan Mortgage Corporation Government National Mortgage Association}The Principal Meridian goes from what direction? {Ans: North to South/ South to North}All of the following are correct regarding the Americans with Disabilities Act, EXCEPT: {Ans: Owners must make all accessibility modifications with no regard to the cost of improvement.}Statute of Frauds {Ans: enacted in England in 1677 to provide protection against fraud in the sale of real property. It requires a contract for the transfer of a right or interest in land to be in writing in order to be enforceable.}What is the most accurate way to survey? {Ans: Metes and Bounds}effective age p.308 line 48 {Ans: method used to estimate the amount of the accrued depreciation. The appraiser will estimate the % of the total life