Flashcards in Unit 1-The Real Estate Business Deck (5)
What are the 5 Sales Specialties in RE?
Know access routes
explain property tax, utilities,
Income producing properties
Contacts w/financial institutions, and
5- Business-Business Brokers
License required to sell/lease business opportunities in FL
Can a licensee Appraise Property?
YES! -if it is not a FEDERALLY RELATED transaction (financed)
What is a DEDICATION?
A GIFT of land by owner to a government body for private use
What is APPRAISING?
Who may perform an APPRAISAL?
The process of developing and communicating an opinion about a property's value
Only a LICENSED APPRAISER may perform an appraisal for FEDERALLY RELATED transactions.