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NEW Gold Coast Real Estate: Chapter 2 100% SOLUTION 2023//2024
1919: - ANSWER California enacted the first real estate license law 
1923: - ANSWER Florida enacted first real estate license law. Ineffective because 
expensive & time consumption. 
1925: - ANSWER FREC was created to administer & enforce law. 
1941: - ANSWER Real estate license law was designated as chapter 475 of Florida 
Statutes 
1979 & 1982 - ANSWER FREC was taken out then Reinstated 
1988: - ANSWER FS 475 was going under modification, while postlicensing 
requirements and a program for app...
- Exam (elaborations)
- • 4 pages •
1919: - ANSWER California enacted the first real estate license law 
1923: - ANSWER Florida enacted first real estate license law. Ineffective because 
expensive & time consumption. 
1925: - ANSWER FREC was created to administer & enforce law. 
1941: - ANSWER Real estate license law was designated as chapter 475 of Florida 
Statutes 
1979 & 1982 - ANSWER FREC was taken out then Reinstated 
1988: - ANSWER FS 475 was going under modification, while postlicensing 
requirements and a program for app...
UPDATED Gold Coast Real Estate Homework Chapter. 4 100% SOLUTION 2023//2024
Who owes fiduciary duties in a single agency relationship? 
(a) The broker only 
(b) The principal only 
(c) Both parties 
(d) Neither party - ANSWER (a) The broker only 
All of the following activities are exempt from the requirement to provide disclosures 
under the Brokerage Relationship Disclosure Act, EXCEPT: 
(a) Sales staff at a new development center 
(b) Showing property to a party that is not being represented 
(c) A bona fide open house or model home showing that does not involve elic...
- Exam (elaborations)
- • 11 pages •
Who owes fiduciary duties in a single agency relationship? 
(a) The broker only 
(b) The principal only 
(c) Both parties 
(d) Neither party - ANSWER (a) The broker only 
All of the following activities are exempt from the requirement to provide disclosures 
under the Brokerage Relationship Disclosure Act, EXCEPT: 
(a) Sales staff at a new development center 
(b) Showing property to a party that is not being represented 
(c) A bona fide open house or model home showing that does not involve elic...
LATEST Gold Coast Real Estate Chapter 16 100% SOLUTION 2023//2024
What type of value does an appraiser most commonly estimate? 
(a) Book 
(b) Market 
(c) Insurable 
(d) Condemnation - ANSWER (b) Market 
How is investment value best defined? 
(a) The value to an individual 
(b) The highest price a property would sell for in an open market 
(c) The value based on the use of the property 
(d) The minimum value of a business opportunity - ANSWER (a) The value to an 
individual 
Which of the following conditions is necessary for the sales price of a property to equ...
- Exam (elaborations)
- • 10 pages •
What type of value does an appraiser most commonly estimate? 
(a) Book 
(b) Market 
(c) Insurable 
(d) Condemnation - ANSWER (b) Market 
How is investment value best defined? 
(a) The value to an individual 
(b) The highest price a property would sell for in an open market 
(c) The value based on the use of the property 
(d) The minimum value of a business opportunity - ANSWER (a) The value to an 
individual 
Which of the following conditions is necessary for the sales price of a property to equ...
UPDATED Gold Coast Real Estate Chapter 16 100% SOLUTION 2023//2024
What type of value does an appraiser most commonly estimate? 
(a) Book 
(b) Market 
(c) Insurable 
(d) Condemnation - ANSWER (b) Market 
How is investment value best defined? 
(a) The value to an individual 
(b) The highest price a property would sell for in an open market 
(c) The value based on the use of the property 
(d) The minimum value of a business opportunity - ANSWER (a) The value to an 
individual 
Which of the following conditions is necessary for the sales price of a property to equ...
- Exam (elaborations)
- • 10 pages •
What type of value does an appraiser most commonly estimate? 
(a) Book 
(b) Market 
(c) Insurable 
(d) Condemnation - ANSWER (b) Market 
How is investment value best defined? 
(a) The value to an individual 
(b) The highest price a property would sell for in an open market 
(c) The value based on the use of the property 
(d) The minimum value of a business opportunity - ANSWER (a) The value to an 
individual 
Which of the following conditions is necessary for the sales price of a property to equ...
LATEST Gold Coast Real Estate 100% SOLUTION 2023//2024
Tract building - ANSWER When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - ANSWER Planning, zoning, property taxation, building and health codes 
and regulations, and building moratoriums that affect development play a significant role 
in the cost and desirability of real estate 
Broker associate - ANSWER A licensed broker working for another broker 
False - ANSWER A florida real estate license applicant must be a resident and citi...
- Exam (elaborations)
- • 12 pages •
Tract building - ANSWER When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - ANSWER Planning, zoning, property taxation, building and health codes 
and regulations, and building moratoriums that affect development play a significant role 
in the cost and desirability of real estate 
Broker associate - ANSWER A licensed broker working for another broker 
False - ANSWER A florida real estate license applicant must be a resident and citi...
UPDATED GOLD COAST Real Estate 100% SOLUTION 2023//2024
Farming - ANSWER licensee concentrate on one type or style of property or on one 
particular neighborhood 
Farm area or target market - ANSWER Finding and specializing in a particular 
neighborhood or type of property. Considered to be one of the best ways to succeed in 
the real estate business 
Tract building - ANSWER When a developer acquires a large tract of land, records a 
subdivision plat map, and uses a model center from which sales may be made 
Local level - ANSWER Government Regulation...
- Exam (elaborations)
- • 32 pages •
Farming - ANSWER licensee concentrate on one type or style of property or on one 
particular neighborhood 
Farm area or target market - ANSWER Finding and specializing in a particular 
neighborhood or type of property. Considered to be one of the best ways to succeed in 
the real estate business 
Tract building - ANSWER When a developer acquires a large tract of land, records a 
subdivision plat map, and uses a model center from which sales may be made 
Local level - ANSWER Government Regulation...
UPDATED Gold Coast Real Estate Chapter 8 100% SOLUTION 2023//2024
All of the following estates include legal title to real property, EXCEPT: 
(a) Tenancy for years 
(b) Fee simple estate 
(c) Life estate 
(d) Tenancy by the entireties - ANSWER (a) Tenancy for years 
Florida timeshare projects are regulated by which organization? 
(a) Florida Real Estate Commission 
(b) Department of Community Affairs 
(c) Division of Florida Condominiums, Timeshares and Mobile Homes 
(d) Department of Housing and Urban Development - ANSWER c) Division of Florida 
Condominiums,...
- Exam (elaborations)
- • 11 pages •
All of the following estates include legal title to real property, EXCEPT: 
(a) Tenancy for years 
(b) Fee simple estate 
(c) Life estate 
(d) Tenancy by the entireties - ANSWER (a) Tenancy for years 
Florida timeshare projects are regulated by which organization? 
(a) Florida Real Estate Commission 
(b) Department of Community Affairs 
(c) Division of Florida Condominiums, Timeshares and Mobile Homes 
(d) Department of Housing and Urban Development - ANSWER c) Division of Florida 
Condominiums,...
2024 UPDATED Mental Health ATI Mastery Exam Questions With All Correct Answers
2024 JamF 200 EXAM WITH ANSWERS
270+ PRACTICE QUESTIONS AZ-104 RENEWAL EXAM AND 100% CORRECT ANSWERS 2023-2024(A+ GUARANTEE)