What records a deed in public records? - correct answer Constructive Notice
What replenishes the real estate recovery fund? - correct answer Fines
... [Show More] and fees
T/F: Shopping centers and movie theaters are not a good reason for eminent domain - correct answer True
What is the lot and block method best used for? - correct answer Residential subdivisions
What are immune from property taxes? - correct answer County court houses, airports, and schools
T/F: All offers written and oral must be disclosed - correct answer True
What is not a part of RESPA (Real Estate Settlement Procedures Act)? - correct answer Lead-Based Paint Disclosure
What is an example of an over-improvement? - correct answer An expensive addition to a home
Who does a transaction broker provide limited representation to? - correct answer A buyer, a seller, or both
If someone besides the original owner is to receive the ownership, it is called a ___________ - correct answer Remainder Estate
What protects a spouse from being harmed by an unfair will? - correct answer Elective Shares
If you move out of the state, who do you notify and how long do you have to do so? - correct answer FREC, within 60 days
What is the grace period if you don't complete your post-license education? - correct answer There is no grace period
Not showing minorities houses in certain cities is an example of what? - correct answer Steering
What is a month-to-month agreement? - correct answer A tenancy-at-will
T/F: Separate property before marriage could be considered a non-marital asset. - correct answer True
Who assigns the Assessor's Parcel Notice (APN)? - correct answer County Property Appraisers
What does an estate-by-the-entireties who gets a divorce create? - correct answer A tenancy-in-common
T/F: A salaried employee working for an apartment complex is exempt from real estate licensure - correct answer True
If a corporation wants to buy and sell properties, does it need to register with the DBPR? - correct answer No
Who gets any surplus money leftover after the sale of a home at a public auction after a default?
A. Buyer
B. Mortgagee
C. Mortgagor
D. The auctioneer - correct answer C. The mortgagor
Section 36 is north of ________ - correct answer Section 1 [Show Less]