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22 Cards in this Set

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A property holder who does not reside on the property and who usually relies on a property manager to supervise the investment.
Absentee Owner
Defined in Chapter 475 F.S. to mean property zoned as such, consisting of more than ten acres.
Agricultural
Real Estate licensees who engage in the sale, purchase, or lease of businesses.
Business broker
The real esteate activity dealing in the sale, purchase, or lease of businesses.
Business opportunity brokerage
An informal estimate of market value performed by a real estate licensee for the seller to assist in arriving at an appropriate listing price, or if working with the buyer, an informal estimate of market value to assist the buyer in arrivig at an appropriate offering price.
Comparative market analysis
Professionals who analyze existing or potential real estate problems and recommend a course of action
Counselors
What a sales associate does after a sale to maintain customer contact and goodwill.
Follow up
The leasing, managing, marketing and overall maintenance of property for others.
Property Management
A commercial activity in which the sale, purchase, leasing, rental, exchange, or managment of real property is conducted by qualified and licensed parties acting either for themsleves or for others for compensation.
Real Estate Business
The sale of improved residential property of four or fewer units, the sale of unimproved residential property intended for use as four or fewer units, or the sale of agricultural property of ten or fewer acres.
Residential Sale
Conditions placed by developers that affect how the land can be used in an entire subdivision.
Restrictive Covenants
A plan of a tract of land subdivided into lots and showing required or planned amenities.
Subdivision Plat Map
A licensee who acts as an intermediary between two parties and negotiates contracts between them.
Broker
An individual who is qualified to ge issued a broker's license but who operates as a sales associate in the employ of another.
Broker Associate
Let the buyer beware
Caveat Emptor
Anything of value or a valuable consideration, directly or indirectly paid, promised, or expected to be paid or received.
Compensation
A privelage granted by the state to operate as a real estate broker, broker associate, or sales associate; a type of time-share interest.
License
A pleading of no contest by a defendant; a plea in a criminal action not admitting guilt, but subjecting the defendant to punishment as if it were a guilty plea.
Nolo Contendere
An unlicensed entity that sells, exchanges, or leases its own property.
Owner-developer
Real estate activities involving compensation for performing the activities for another.
Real Estate Services
Authorized by the state to place an applicant on the register (record) of officially recognized individuals and businesses.
Registration
A licensed individual who for compensation is employed by a broker or owner developer.
Sales Associate