Question
Hi Expert! I would really appreciate if you could help me with these questions. They are from the Florida Brokers Real Estate Subject and I
Hi Expert! I would really appreciate if you could help me with these questions. They are from the Florida Brokers Real Estate Subject and I have been unable to find a clear answer to them I would most definitively rate up your answer, specially if you can provide reasoning of why you chose a particular answer. You guys have really good experts and have helped me a lot before, so I have no doubt my expert is the best! Thank you! I have 4 really easy ones, the last for the day, I promise LOL
Discount points are
- Determined by the federal reserve board
- Payable to the mortgagor
- Charged to increase the lenders yield
- Imposed on borrowers by FHA
According to the uniform standards of professional appraisal practice, the opinionof highest and best use must include an analysis of
- Age, gender, race and religion within the neighborhood
- Physical, legal, and economic factors
- Marital status and national and national origin of the neighborhood population
- Both familial status and public assistance income
Husband and wife are selling their home of 20 years and purchasing a condominium in a retirement community. Their realized gain on the sale of their home is $300,000. The husband and wife:
- Must pay capital gains tax on all but $125,000 of the realized gain
- Do no owe any tax on the gain from the sale of their home
- Must purchase the condominium within 24 months to be sheltered from payment of tax on the sale of their home
- Must pay tax on only $50,000 of the realized gain
If a broker changes his business address without notifying the Florida Real Estate Commission, his license will
- Cease to be in force
- Revert to inactive status
- Be revoked
- Become null and void
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