Real Estate Brokerages
A temporary business relationship with one of few transactions.
What is a Joint Venture?
An agent receives a post dated check.
What is it must be given to their broker immediatley.
This is a second-degree misdemeanor.
What is false advertising?
An agent telling a homeowner to sell because of a protective class moving into the area.
What is blockbusting?
An estate that is not a form of co-ownership.
What is Estate in Severalty?
This type of business arrangement can be implied or expressed.
What is a General Partnership
The name of the brokerage firm is not included in the advertisement.
What is a blind ad?
Operating recklessly and carelessly, especially concerning escrow money.
What is culpable negligence?
Refusing to show a property to a potential customer.
What is steering?
An estate owned by two or more people taking possession simultaneously with the Right of Survivorship?
What is Joint Tenancy?
All Real Estate Brokerage Corporations must have at least one of these.
What is a Broker?
This is a corporation formed for religious purposes.
What is a corporation Sole?
Practicing real estate without a valid license.
What is a 3rd Degree Misdemeaner?
This enables a landlord to commingle their funds with tenants.
What is post a surety bond?
An estate owned at the same or different times without Survivorship.
What is Tenants in Common?
In a brokerage corporation, anyone can be one of these.
What is a shareholder?
A brokerage firm mixes its funds with an escrow fund.
What is commingling?
Florida Real Estate Commission operates as a type of Grand Jury.
What is the probable cause panel?
The first thing a landlord must do if rent has not been paid.
What is post a 3 day notice?
A Non-Freehold estate for a set period of time.
Tenancy for Years.
Six people form a real estate brokerage corporation and they all want to see real estate.
They all must have a broker's license.
In this type of settlement dispute procedure, an interpleader is entered into the court.
What is litigation?
This is not a remedy of breach but a way for a customer to receive money from a judgment when the agent can't pay.
What is the Real Estate Recovery Fund?
This prohibits soliciting a listing from a for sale by owner.
What is the National Due not Call List?
This happens when Estates in the Entireties divorce.
What reverts to Tenants in Common?