operating a Realty business under the corporate name a license real estate brokerage Corporation must also...
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operating a Realty business under the corporate name a license real estate brokerage Corporation must also maintain an office sign that contains A) the name of the broker the wards license real estate broker B) the name of the Brokers serving an active members of the corporation and the words licensed in real estate brokers C) name of each broker having Branch offices along with the wording license real estate broker Corporation D) wording license real estate brokers in 3 in or larger size lettering ● the corporation has become a large and successful brokerage firm in of er state the board of directors recently voted to expand operations in Florida prior to commencing business in Florida this firm must satisfy the requirements of the Florida Real Estate Commission rule as it pertains to A) foreign corporations B) domestic corporations C) sub s corporations D) profit seeking corporations Buyer has contracted to purchase sellers property for $126,500 .buyers paying cash. closing is set for September 17th. broker has received a binder deposit of 10% of the sales price from the buyer. buyer purchase a homeowners insurance policy for $780. property taxes for the current year are estimated to be $950 for the city and $1,200 for the county, none of these taxes have been paid. seller will be responsible for the delivery of a general warranty deed property with documentary stamps affixed. attorneys fees for seller will be totaled $365. seller we will also pay broker 7% commission. buyer will purchase a title insurance policy which currently carries a $506 premium .attorneys fees for buyer will talk will be total $475. All prorations will be based upon a 365-day year, with buyer responsible for the day of the closing. the binder deposit on the closing disclosure is a A) debit to The seller and credit to the buyer B) credit to the seller and debit to the buyer C) debit to the seller only D) credit to the buyer only operating a Realty business under the corporate name a license real estate brokerage Corporation must also maintain an office sign that contains A) the name of the broker the wards license real estate broker B) the name of the Brokers serving an active members of the corporation and the words licensed in real estate brokers C) name of each broker having Branch offices along with the wording license real estate broker Corporation D) wording license real estate brokers in 3 in or larger size lettering ● the corporation has become a large and successful brokerage firm in of er state the board of directors recently voted to expand operations in Florida prior to commencing business in Florida this firm must satisfy the requirements of the Florida Real Estate Commission rule as it pertains to A) foreign corporations B) domestic corporations C) sub s corporations D) profit seeking corporations Buyer has contracted to purchase sellers property for $126,500 .buyers paying cash. closing is set for September 17th. broker has received a binder deposit of 10% of the sales price from the buyer. buyer purchase a homeowners insurance policy for $780. property taxes for the current year are estimated to be $950 for the city and $1,200 for the county, none of these taxes have been paid. seller will be responsible for the delivery of a general warranty deed property with documentary stamps affixed. attorneys fees for seller will be totaled $365. seller we will also pay broker 7% commission. buyer will purchase a title insurance policy which currently carries a $506 premium .attorneys fees for buyer will talk will be total $475. All prorations will be based upon a 365-day year, with buyer responsible for the day of the closing. the binder deposit on the closing disclosure is a A) debit to The seller and credit to the buyer B) credit to the seller and debit to the buyer C) debit to the seller only D) credit to the buyer only
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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