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Which of these is an incorrect statement concerning an active real estate brokers branch office? The broker must register and pay a registration fee for
Which of these is an incorrect statement concerning an active real estate brokers branch office?
- The broker must register and pay a registration fee for each branch office
- Sales associates working out of the branch office, on an occasional or temporary basis, shall be registered from the principal office
- Sales associates may be registered from the branch office, if they usually work from or report to such office
- The broker may relocate his branch office and transfer the registration of the former branch office location to the new location provided the the real Estate commission authorizes such relocation
A prospective tenant pays $400 to a rental company in acquiring a listing of available rentals. A true statement about this situation is that
- Florida has no requirement for specific provision in the contract or receipt agreement as to what the prospective tenant will receive for fees of $250 and above
- If the prospective tenant finds an acceptable rental unit, but can demonstrate that he or she had seen the unit before purchasing the rental list and makes his or her demand within 30 days of the contract date, he or she is entitled to the return of $300 of the $400 fee.
- Real estate brokers are prohibited by usury laws from charging prospective tenants more than $300 for rental lists
- If the prospective tenant finds that the rental listing is not current or accurate, and makes his or her demand within 30 days of the contract days, he is entitled to refund of $400.
The most defensible and straightforward of the approaches to value estimation is
- Income capitalization
- Cost-depreciation
- Gross rent multiplier
- Comparable sales
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