List exceptions to the broker prelicense course requirements.
Describe four advantages in remaining an independent broker. List the types of properties exempted from the lead-based paint requirements. Distinguish between transaction broker and dual agency. Distinguish among a variance, special exception and nonconforming use. List exceptions to the broker prelicense course requirements. Construct an annual operating statement for an income property. Identify the requirements for a broker's offices. Describe purpose and requirements of the No Brokerage Relationship Notice.
Recognize exceptions to the FREC's notification and settlement requirements. Describe the major sections of the HUD-1 settlement statement. Describe the characteristics of a planned unit development. Distinguish among the types of accrued depreciation. Describe the composition of the probable cause panel. Explain the important parts of the marketing process. Describe the procedure for handling postdated checks. Describe the difference between simple interest and add-on interest. Distinguish among the different types of appraisal reports.
Describe the requirements for establishing an escrow accounts. Distinguish between zoning and subdivision regulations. Distinguish among the three types of operating expenses. Distinguish among the various appraisal principles. Describe the requirements for handling an interest bearing escrow account. Describe the process used in prorating taxes, interests and prepaid rents.