Florida Real Estate Pre-License Final Exam / Study Guide Questions with Definitive Solutions.Stretch your brain before your first study session Learn / Study with Learn Granting Clause Choose matching term 1 The grantor of the life estate may wish to have the property ownership returned to him or her or to his or her heirs. What's the right to regain this ownership called?2 Which factors are NOT Demand? (not sure if this is the correct wording but theres a question about the factors of demand)
- Price
- Credit
- Population
- Exclusive Right of Sale Listing
- Exclusive Listing
- Open Listing 1 / 3
D.Cost of Labor 3 What contract best protects brokers in a listing contract?
Terms in this set (79) What has a large tract of land and is designated for unit development rather than for a single use?Planned Unit Developments (PUD) Housing What type of leverage occurs when the rate of return exceeds?Positive Leverage What is the APR when you have 10% Loan + 6 points?APR = 10.75% (Remember Divide 6 by 8 years which gives you .75) Somebody that owns a property until they die is what type of ownership?Life Estate The grantor of the life estate may wish to have the property ownership returned to him or her or to his or her heirs. What's the right to regain this ownership called?Reversion Doc stamps on Deeds is calculated at the rate of what value OR what part?Rate of $.70 per $100 of Value, or Fractional Part thereof (oft) (*Question read something that can't change location...) Branch Location 4What is the only legally necessary clause required in a deed.Don't know? 2 / 3
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