chapter 1 Flashcards

0
Q

the real estate activity to leasing,managing,marketing,and overall maintenance of property for others is called.

A

property management

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1
Q

what is a CMA

A

a CMA is a comparative market analysis to help make informed decisions on pricing property for buyers and sellers.

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2
Q

which type of construction involves building to a buyers specifications.

A

custom homes

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3
Q

the term dedication as it applies to development and construction refers to.

A

a gift of land by the owner to the local government for public use.

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4
Q

what type of license is needed to sell or lease business opportunities for another person.

A

a real estate license

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5
Q

residential real estate is defined in chapter 475, F.S., as

A

vacant land zoned for four or fewer residential units

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6
Q

the real estate profession requires.

A

skill and experience in real estate values,specialized service,and expertise.

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7
Q

selectiiing a limited geographical in which a real estate professional develops specialized expertise is called ??????????

A

FARMING

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8
Q

can a broker charge for a CMA why or why not explain.

A

yes he can charge for a CMA only and only if it is signed by a state certified appraiser signs it.

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