New PDF release: CliffsTestPrep Florida Real Estate Sales Associate Exam: 5

By John A Yoegel

ISBN-10: 0470037008

ISBN-13: 9780470037003

Your advisor to the next ranking at the Florida genuine property revenues affiliate examination * Why CliffsTestPrep courses? * pick the identify you recognize and belief * Get the data you need--fast! * Written through test-prep experts in regards to the contents: * creation * the way to use this publication to hone your test-taking abilities * strategies for answering math questions * easy methods to use the perform assessments to pinpoint parts to study * constructing a test-taking procedure that works for you five Full-Length perform checks * perform assessments replicate the particular examination * Questions span the 21 diverse topic components commonly coated at the examination * solutions and causes make clear issues and assist you concentration your research productively Test-Prep necessities from the specialists at CliffsNotes greater than Notes! * CliffsAP * CliffsComplete * CliffsQuickReview * CliffsTestPrep * CliffsStudySolver

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Additional info for CliffsTestPrep Florida Real Estate Sales Associate Exam: 5 Practice Tests

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Amortization. a term loan. an equity loan. 55. Equity is most accurately defined as the A. B. C. D. 26 sale price of the house minus the mortgage amount. value of the house minus all liens and encumbrances. value of the house minus the mortgage. amount of the down payment. 54. What does a discount point do to the effective yield that a lender gets from a mortgage loan? A. B. C. D. It raises it. It has no effect. It lowers it. It lowers it, but only if the seller—not the buyer—pays it. 56. A mortgage lender requires a borrower to make monthly payments—in addition to the mortgage payments—to a special account to cover taxes and hazard insurance costs for the property.

C. D. appraised value. market value. assessed value. investment value. 80. The final step in protesting a tax assessment is A. B. C. D. an appeal to the tax assessor. a petition to the value adjustment board. an appeal to the city or town council. litigation in the courts. Practice Test 1 81. Which of the following is most nearly correct as the way a municipality determines the tax rate? D. Total Budget ÷ Total Assessed Value Total Budget × Assessed Value Total budget ÷ Total Number of Nonexempt Properties Total Budget ÷ Average Assessed Value 83.

C. D. never requires a real estate license. requires a real estate license if she receives compensation. always requires a real estate license. requires a real estate license when she is acting as an attorney in fact. 8. A builder who develops and sells her own properties A. B. C. D. must have a real estate broker’s license. must have at least a real estate sales associate license. is exempt from licensing requirements. must have a broker’s license if she employs sales associates. Practice Test 2 9.

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CliffsTestPrep Florida Real Estate Sales Associate Exam: 5 Practice Tests by John A Yoegel

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