Post-Licensing Education for Florida Real Estate Sales Associates, Eighth Edition
Errata (2012-10-04)
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Sales Associates, Eighth Edition.
Was
of 15 percent (5 percent for
persons in the 10 percent
ordinary income tax rate).
38, Exercise 2.1, sixth choice A landlord requires that
in right column
Mary, a divorced mother of
three children, pay for a
credit report and have her
father cosign her lease. A
male friend had lower
income than she did, and
poor credit was not required
was not required to do
either of those things.
48, question 16
a. Parking areas should have
on accessible space for
every 40 total spaces.
59, paragraph in “In Practice” So if you need to make
box
$50,000 annually, you’ll
have to set your goal at
about $77,000!
Page/Location
19, line 10
95, question 7
196, line 5
218, Practice Exercise 10.1
223, second “In Practice”
box, first bullet
Finding new FSBOs in the
classifieds is easier if the
prospect cards are arranged
by
unimproved real property.
Using the blank form in
Figure 10.1,
the selling associate brings
Change to
of 15 percent.
A lender requires that Jose, a
Hispanic person, pay a
higher rate of interest on a
loan than is charged to other
applicants who have similar
jobs and credit scores.
a. Parking areas should have
one accessible space for
every 40 total spaces.
So if you need to net
$50,000 annually, you’ll
have to set your goal at
about $77,000! To calculate:
100% – 35% = 65%.
$50,000 ÷ .65 = $76,923.
Finding new FSBOs in the
classifieds is easier if the
information is sorted by
unimproved real property
zoned or intended for
residential development.
Using the blank form in
Figure 10.2,
the buyer’s associate brings
©2011 Kaplan, Inc.
Post-Licensing Education for Florida Real Estate Sales Associates, Eighth Edition
236, line 20
237, box at top of page
241, Table 11.2, third line
down
258, line 23
286, RESERVES
DEPOSITED WITH
LENDER
286, RESERVES
DEPOSITED WITH
LENDER
287, GOVERNMENT
RECORDING AND
TRANSFER CHARGES
288
294, first paragraph, fifth line
298, question 14
306, line 16
315, line 27
The different in payments
of $30.13 for the remaining
291 months would total
$8,557, well worth paying
the points.
with a 6.5 Percent Yield
20 yrs. + 2 mos.
The different in payments of
$30.13 for the remaining 283
months would total
$8,526.79, well worth
paying the points.
with a 4.5 Percent Yield
21 yrs. + 4 mos.
revokes;
1001 Hazard insurance 2
mo. @ $?/mo.
revoked;
1002 Hazard insurance 2
mo. @ $?/mo.
1002 Homeowners’
insurance 2 months @
$?/mo.
($300 per yr. divided
1024 Documentary stamp
tax on loan
1003 Mortgage insurance 2
months @ $?/mo.
($545 per yr. divided
TOTAL REDUCTION
AMOUNT DUE SELLER
(Sum of lines 501–519)
520 TOTAL
REDUCTION AMOUNT
DUE SELLER (Sum of lines
501–519)
is 1462 Lyme Drive.
c. No, the amount shown on
lines 107 and 407 should be
calculated from 1/1/11
through 5/14/11 ($770.96).
d. No, the amount shown on
line 107 should be calculated
form 1/1/11 through 5/14/11
($770.96) and be transferred
to line 211 and 511.
is 1462 Lime Drive.
c. No, the amount shown on
lines 107 and 407 should be
calculated from 1/1/05
through 5/15/05 ($770.96).
d. No, the amount shown on
line 107 should be
calculated form 1/1/05
through 5/15/05 ($770.96)
and be transferred to line
211 and 511.
a speculation.
are as varied,
1204 Documentary stamp
tax on loan
speculation.
are varied,
©2011 Kaplan, Inc.