SALES ASSOCIATE PATH

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22lessons

ANOTHER STUDY PATH

Buying your first Florida home?

Follow a separate step-by-step guide for budgeting, mortgages, assistance programs, offers, inspections, and closing.

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Day 22 · 12% of exam

Listing Agreements, Options, Assignments, and Contract Remedies

Distinguish major listing agreements and contract classifications, apply Florida's Statute of Frauds and written-listing requirements, explain buyer-broker and option agreements, distinguish assignment from novation, identify methods of contract termination and remedies, and calculate option costs and closing credit.

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Quiz average—

Course goal63 hours

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Daily lessons

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DAY22 Real Estate ContractsListing Agreements, Options, Assignments, and Contract Remedies29 min · 5 questions › DAY21 Real Estate Brokerage Activities and ProceduresBrokerage Operations: Offices, Advertising, Trade Names, and Assistants28 min · 5 questions › DAY20 The Real Estate BusinessThe Real Estate Business: From Land to Closing30 min · 5 questions › DAY19 Real Estate License Law and Commission RulesWho Regulates Florida Real Estate?26 min · 5 questions › DAY18 Federal and State Laws Pertaining to Real EstateFair Housing, Lending Laws, and Florida Rentals30 min · 5 questions › DAY17 Violations of License Law, Penalties, and ProceduresViolations, Discipline, and the Recovery Fund29 min · 5 questions › DAY16 Florida local planning agencies, comprehensive plans, land-development regulations, zoning classifications, rezoning, variances, special exceptions, nonconforming uses, code enforcement, density, floor-area ratio, and environmental due diligencePlanning, Zoning, and What May Be Built28 min · 5 questions › DAY15 Real estate market characteristics, supply and demand, buyer and seller markets, market cycles, neighborhood analysis, data reliability, absorption rate, and months of inventoryReading the Real Estate Market26 min · 5 questions › DAY14 Real-estate investment objectives, risk, liquidity, leverage, cash flow, cash-on-cash return, appreciation, depreciation, and Florida business-opportunity brokerageInvestment Returns and Business-Opportunity Brokerage28 min · 5 questions › DAY13 Mortgage markets, money supply, Federal Reserve influence, primary and secondary market participants, mortgage-backed securities, loan fees, points, lender credits, and APRWhere Mortgage Money Comes From27 min · 5 questions › DAY12 Purpose and interpretation of legal descriptions; metes and bounds, lot and block, and government survey descriptions; acreage and parcel-value mathLegal Descriptions: Finding the Exact Parcel27 min · 5 questions › DAY11 Acquiring title, deed requirements and warranties, notice and recording, easements, liens, and public and private ownership restrictionsTitle, Deeds, Easements, and Liens28 min · 5 questions › DAY10 Closing-statement debits and credits, Florida property-tax prorations, buyer cash to close, seller net proceeds, and the first 100-question readiness checkpointClosing Statements and Prorations: Who Pays What?30 min · 5 questions › DAY09 Ad valorem property taxes, assessed and taxable value, homestead and Save Our Homes, documentary stamp taxes, nonrecurring intangible tax, and federal income-tax basicsFlorida Real Estate Taxes: Millage, Homestead, and Closing Taxes29 min · 5 questions › DAY08 Market value, appraisal principles, the sales comparison, cost-depreciation, and income capitalization approaches, plus CMA and BPO distinctionsReal Estate Appraisal: Three Roads to Value28 min · 5 questions › DAY07 Real and personal property, freehold and leasehold estates, co-ownership, homestead, condominiums, cooperatives, and timesharingProperty Rights, Estates, and Ways to Own28 min · 5 questions › DAY06 Mortgage instruments, clauses, loan types, transfer methods, qualification, and finance mathResidential Mortgages: The Note, the Lien, and the Loan27 min · 5 questions › DAY05 Contract formation, classifications, enforceability, and terminationReal Estate Contracts: From Offer to Enforceable Agreement28 min · 5 questions › DAY04 Brokerage activities, escrow accounts, and disputesEscrow: Protect the Deposit27 min · 5 questions › DAY03 Brokerage activities and commission handlingWho Gets Paid—and How25 min · 5 questions › DAY02 License law and qualificationsYour Road to a Florida Real Estate License25 min · 5 questions › DAY01 Brokerage relationshipsWho Do You Represent?25 min · 5 questions ›