59 set of Pre-License Questions Only (Subscription needed to access Answer Guide)
According to custom, who pays the costs on the day of closing for property taxes, utilities, etc.? The buyer The […]
According to custom, who pays the costs on the day of closing for property taxes, utilities, etc.? The buyer The […]
Which type of insurance must a buyer obtain if a mortgage is involved? Auto insurance Homeowners fire and hazard insurance
Who at the closing table examines all documents for buyers or sellers and represents their best interests? Buyer’s or seller’s
Which type of lender specializes in taking in savings deposits and then lending money out to consumers through mortgages and
12sect.unit3.CeSh.PreLic.Qonly.txt Which of the following is an alternative to foreclosure? Deed in lieu of foreclosure Default Deficiency judgment Eviction A
Gerard has been offered a 4% interest rate on a $300,000 mortgage. His monthly mortgage payment would run about $950
Which one of the following elements does a valid option contract contain? A list of the optionee’s financing options An
What type of agreement is most commonly used as a buyer representation agreement? Exclusive right-to-represent Exclusive right-to-sell Net listing Open
Which of these statements about preparing real estate contracts in Florida is true? Licensees are authorized to write any legal
What signifies that a survey is certified and represents a guarantee of accuracy? Spot survey Survey legend Surveyor’s stamp Title