Sales associate review Flashcards

1
Q

A landlord has how many days to make a claim on a deposit?

A

30

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2
Q

Which of the following is NOT a way to determine a fixture

A

Disposition

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3
Q

What fees does the buyer pay at closing?

A

Attorney fee & Deed Recording

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4
Q

There are only three brokers in the town of Agartha. They make a decision to only accept offers, which pay a commission of 7.2% is this allowed, and if not, why?

A

No, this is illegal under the Sherman-Clayton act

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5
Q

To mix your personal funds with escrow funds would be?

A

Commingle

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6
Q

The tenancy that is characterized by a Right of Survivorship

A

Joint Tenancy

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7
Q

If a broker is selling a mans home for $75,000 but the seller tells the broker in private that he will accept $72,000 for the home, is the broker obliged to tell the buyer this?

A

Broker cannot disclose this to the buyer

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8
Q

Which rights are characterized by private ownership along a river or stream and includes access rights to water, boating, or dockage?

A

Riparian

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9
Q

A package mortgage covers which type of property?

A

Chattel and Real

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10
Q

Which of the following does NOT classify a joint tenancy

A

Contract

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11
Q

A man owned a piece of property before he got married. Now even though he is married, that property is still considered what?

A

Seperate

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12
Q

When is a deed considered to be transferred

A

When the deed is signed and delivered by a grantor

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13
Q

What easement benefits a water company maintaining rights to lay pipes along your property line

A

Gross

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14
Q

This body regulated state-certified and registered trainee appraisers.

A

Florida Real Estate Appraisal Board

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15
Q

Rights that are characterized by rights relating to land abutting an ocean or lake

A

Littoral

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16
Q

The rights of a property are held by the lender under the _______ theory

A

Title

17
Q

Which tax lien is superior

A

Property tax lien