The Real Estate Business Flashcards
1
Q
Broker Associate
A
A broker who chooses to continue working under another broker.
2
Q
Owner Developer
A
An entity who owns and sells his own property.
3
Q
Subdivision Plat Map
A
This is what a builder has to supply to the planning board before receiving permits.
4
Q
USPAP
A
Uniform Standards of Professional Appraisal Practices; Guidelines to follow when providing appraisal services.
5
Q
FREAB
A
Florida Real Estate Appraisal Board; Regulates Appraisers.
6
Q
How do Appraisers get paid?
A
The charge a fee based on time & difficulty of the work. Not paid commission to reduce the conflict of interest.
