Unit 4: Brokerage Activities & Procedures

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Decks in this class (28)

Office
Who must an active broker registe...,
What is the requirement for a bro...,
Do a broker s books records and r...
13  cards
Advertising (overview)
Is advertising considered a broke...,
Advertising must be in the name o...,
Can sales associates advertise re...
18  cards
Calls, Texts, Emails
Do you need to search the nationa...,
Is there an fsbo exception for ne...,
Can a licensee call a fsbo seller...
13  cards
Escrow or trust accounts (general)
Brokers who hold money associated...,
Are brokers required to keep earn...,
Do funds need to be kept in a non...
21  cards
Written request for verification
How many days does a broker have ...,
What is the exception to the veri...,
How many days after making the wr...
4  cards
Retaining records
How long must records be retained...,
How long must records be retained...,
How long must records be retained...
5  cards
Personal funds
How much personal funds can a bro...,
How much personal funds can a bro...,
How much personal funds can a bro...
3  cards
Disputes
Can escrow funds held by a title ...,
Can buyer seller escrow disputes ...,
The broker must not deliver the d...
14  cards
Brokerage activities (continued)
Sales associates must work under ...,
All commissions listings and cont...,
Monies earned by sales associates...
11  cards
Commercial real estate sales
What is the commercial real estat...,
For commercial real estate what i...,
Does the broker need to declare t...
3  cards
Commercial real estate leasing
What statute gives brokers lien r...,
What does the broker s lien attac...,
What does the broker s lien attac...
3  cards
Kickbacks
What is a kickback 1,
Are kickbacks legal 2,
Are kickbacks allowed for title a...
5  cards
Sole proprietorship
What is a sole proprietorship bro...,
Who do you register a sole propri...
2  cards
General partnership
Where do you register a general p...,
In a general partnership how are ...,
In a general partnership who is l...
4  cards
Limited partnership
Where do you register a limited p...,
How many active brokers do you ne...,
What is the definition of a limit...
4  cards
Limited litability partnership
Where do you need to register a l...,
Limited liability partnerships op...,
In a limited liability partnershi...
4  cards
Corporation
Where does a corporation need to ...,
What is a corporation 2,
Who are the owners in a corporati...
6  cards
Nonprofit corporations
Nonprofit corporations are organi...,
Where do you need to register a n...,
Does the dbpr distinguish between...
4  cards
Limited liability companies
Who does an llc need to be regist...,
An llc offers the best features o...,
In an llc are owners protected fr...
5  cards
Vacancy of active broker
How soon does a vacancy of an onl...,
How long can a vacancy for an onl...,
What must happen after 60 days of...
5  cards
Ostensible partnership
What is an ostensible partnership...,
In an ostensible partnership who ...,
What is a potential consequence o...
4  cards
Corporation sole
What is a corporation sole 1,
Can a corporation sole be registe...
2  cards
Joint venture
Is a joint venture a temporary or...,
Is a written agreement required f...,
Is a joint venture registered wit...
4  cards
Business Trust
What is a business trust 1,
Does a business trust need to be ...
2  cards
Cooperative association
What is a cooperative association 1,
Can a cooperative association be ...,
Is a cooperative association for ...
3  cards
Unincorporated association
Blank 1,
What is an unincorporated associa...,
Is an unincorporated association ...
4  cards
Names
What is another name for trade na...,
What is t a 2,
Where do you place t a 3
7  cards
Registering in your own name
Broker associates sales associate...,
What is the purpose of a broker a...,
If an individual registers in the...
5  cards

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Unit 4: Brokerage Activities & Procedures

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