which statement is true regarding the federal telemarketing law?

If your lot frontage on the street is 90 feet, what is your portion of the special assessment? A) Real estate licensees may call all the for-sale-by-owner sellers in a community to solicit listings without regard to whether the homeowners are listed on the do-not-call registry. The street in front of your house is to be paved at a cost of $45 per foot. Reply 'Help' for help. The calculated interest rate of an adjustable-rate mortgage is determined by adding which two components? EGI - OPEX = NOI What is the adjusted sale price of the comparable? Yes, because this is an example of bait-and-switch advertising, and it is illegal. The following is a robust set of proactive and reactive rules to fraud-proof and protect your good name. The site is secure. PDF United States District Court District of Massachusetts (page 372), Municipal Airport - immune properties are city, county, state and federal gov't properties, Special Assessments are one-time taxes levied on properties to help pay for some public improvement that benefits property - typically levied on a front foot basis or per hookup basis for utility and sewer improvements. A developer purchased two 145-front foot lots for $23,900 net each and divided them into three lots of equal front footage. Which property is immune from property taxes? Open listing allows the seller to list the property with multiple brokers. The mortgagee's title insurance policy is ISSUED FOR THE AMOUNT OF THE MORTGAGE LOAN AND IS TRANSFERABLE. Florida's telemarketing law became invalid when federal telemarketing laws were implemented. Revere Advocate 03/03/2023 - publizr.com what is edgar xbrl validation errors and warnings. Effective Age / Total Economic Life x Reproduction Cost New Only 2 members must be consumer members who have never been brokers or sales associates. hotelroyalvasto.com Informacin detallada del sitio web y la empresa (page 219). B) The Department of Veterans Affairs partially guarantees VA mortgage loans. A person applies for a mortgage loan from a local credit union. Real estate licensees may not represent a CMA as an appraisal. Which lien is classified as a voluntary lien? FCC Actions on Robocalls, Telemarketing | Federal Communications Commission Division of Florida Condominiums, Timeshares, and Mobile Homes is charged with providing complaint resolution for HOAs. Which item would be classified as a fixed expense in the calculation of net operating income? Includes: The building has an effective age of five years. Standard Message & data rates may apply. Which property is immune from property taxes? Which statement is TRUE regarding this situation? D) Buyer finds another property at a lower price and demands a refund of the earnest money deposit. Transaction Broker - in a transaction broker relationship the buyer or seller is not responsible for the acts of a licensee. C) notification that the energy-efficiency rating of the structure may qualify the buyer for an energy-efficient mortgage. For a violation of any of the telemarketing rules in Florida Statute Section 501.059, consumers can now sue to enjoin the violation and recover actual damages or $500, whichever amount is greater. A real estate broker has been hired to manage an apartment complex on behalf of the landlord. You are appraising a four-year-old, single-family residence. English Practice Test Florida Real Estate Principles, Practices & Law Which expense is deducted to derive effective gross income? Funeral homes may not require customers to buy certain funeral goods and services as a condition for receiving other funeral goods and services. Better Final Exam Flashcards | Chegg.com Which statement is TRUE regarding this situation? The brokerage can work with the buyer, in the same transaction, A sales associate receives a deposit from a buyer on Wednesday morning. 20-cv-10857, Judge Burroughs construed two disputed terms in a patent relating to a method of aligning a laser projector for projecting a laser image onto a work surface.. 1. (page 91). The total square footage of the livable area is 2,600. The licensee sued the seller's broker and was awarded a judgment. FLORIDA REAL ESTATE UNIT 5 Flashcards | Quizlet D) The seller cannot now accept the original offer, because it was killed by the counteroffer. Which of the following is an accurate statement regarding the Federal Trade Commission (FTC) and the consumer protection laws related to funeral home services? Study with Quizlet and memorize flashcards containing terms like Which type of business entity is at risk of no longer continuing if the owner becomes incapacitated?, Certain age-55-and-older communities are exempt from the familial status provisions of the Fair Housing Act if the communities offer amenities, specific programs, and activities designed for the mature adult and, Capri Realty is . Which entity is a guarantor of mortgage-back securities? A) Claim against the Real Estate Recovery Fund B) Suit for compensatory damages C) Suit for specific performance D) Provision for liquidated damages, Claim against the RE Recovery Fund is for a result of license law violations by a licensee ($50k per transaction and mo more than $150K against on licensee involved in mult transactions, PAGE 129). InVirtek Vision International ULC v.Assembly Guidance Systems, Inc. d/b/a Aligned Vision, No. Jalousie - window is almost impossible to seal; therefore, it's the lease energy efficient. Therefore, debited to seller and credited to buyer. Which statement is TRUE regarding this situation? Runners crossing the finish line in the Boston Marathon. Since seller hasn't received the money, it's not shown on the seller's statement. On July 1, 2021, Florida enacted a comprehensive new telemarketing law that arguably goes beyond the federal Telephone Consumer Protection Act ("TCPA"). A complaint legally sufficient if it contains facts indicating that a violation of any of the following has occurred. The licensee sued the seller's broker and was awarded a judgment. Recording it in the public records shows that the mortgage lien has been removed. It's one mile square of 640 acres. Which statement is TRUE regarding comparative market analyses (CMAs)? which statement is true regarding the federal telemarketing law? (page 364), Liquidation analysis, reproduction cost analysis, and income capitalization analysis (and comparable sales analysis), Management considerations is one of the disadvantages of investing in RE. D) The real estate licensee is not eligible to make a claim against the Real Estate Recovery Fund. If your lot frontage on the street is 90 feet, what is your portion of the special assessment? It amended the Communications Act of 1934.The TCPA is codified as 47 U.S.C. Save our Home (SOH) regulates that the assessed value of a property can only increase 3% annually or the % change of the CPI for the preceding year; whichever is LESS. Online Advertising and Marketing. B) The buyer and seller have entered into a contract for $225,000. 485 x 76 = 36,860 Stay of Enforcement, if granted, stops the enforcement of a suspension or revocation in the final order pending the outcome of the appeal process. A real estate licensee purchased a home from the seller. The Telemarketing Sales Rule, which requires telemarketers to make specific disclosures of material information; prohibits misrepresentations; sets limits on the times telemarketers may call consumers; prohibits calls to a consumer who has asked not to be called again; and sets payment restrictions for the sale of certain goods and services. 3. (no more than $50 to an unlicensed person who is a tenant of the apartment complex for the referral fee. Mass, direct, telemarketing, e-marketing, social media, billboards Personal selling: sales representatives directed to a customer in attempt to make a sale Can be modified, individualised, after-sales customer service Relationship marketing: development of long-term and cost-effective relationships with customers The earnest money deposit normally appears on the closing statement as a. A qualified buyer offers to pay the $2,000 down, but the developer states that the $2,000 down homes are all sold. If you prefer to file your comment on paper, mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW, Suite CC-5610 (Annex B), Washington, DC 20580. A broker is NOT required by law to notify the FREC of conflicting demands in which situation? In the Government Survey System, the six-mile vertical strip of land that extends from the north to the south of Florida, located immediately west of the Tallahassee Principal Meridian, is called. Accretion is the process of land buildup from water-borne rock, sand, and soil. The seller cannot now accept the original offer, because it was killed by the counteroffer. And some rules can even vary within a state. Which statement is FALSE concerning federally related transactions? Which requirement is one of the elements of a valid real estate contract? 8-K: Oak Street Health, Inc. - MarketWatch C) Federally related transactions involve a federally insured financial institution. Calculate the developer's percentage of profit (round to nearest whole percentage point). A satisfaction of mortgage is given by the lender to the borrower when the loan is paid off, must be sent to mortgagor within 60 days. However, there is a law found in Section 365.1657, Florida Statutes, that prohibits sending an unsolicited advertisement by fax machine within the state. Property taxes Bush in 1991 and has remained the bedrock of federal telemarketing regulations ever since. The seller cannot now accept the original offer, because it was killed by the counteroffer. What is the TCPA? - Contact Center Compliance PSA An individual who repeatedly writes bad checks can be charged with, Moral Turpitude involves conduct contrary to honest, good morals, accepted custom (i.e. Vacancy and collection losses. How much of the $414.94 monthly payment paid in month two will apply to principal? Section 31 would be located in which corner? Within how many days must a landlord notify a tenant of intentions to claim part of the security deposit? Is the broker required to retain the brokerage relationship disclosure documents, and if so, for how long? The Florida Real Estate Commission (FREC) issued a seven-year suspension of a broker's license. Find legal resources and guidance to understand your business responsibilities and comply with the law. Please note that the following information is for educational purposes only, and additional laws may apply. Which document must be given to prospective purchasers only if purchasing a condo from a developer of 20 or more new residential condominium units? $276,060 total. What is the annual IRS depreciation deduction? How will the property taxes be entered on the closing statement? 1.1 - 1.4, in response to questions of general public interest. If you advertise online, remember the rules and guidelines that protect consumers also help businesses by maintaining the credibility of the Internet as a marketing medium. A) Only veterans, surviving spouses of veterans, and active military personnel are eligible to apply for a VA loan. The AVAILABILITY OF BUILDING MATERIALS INFLUENCES DEMAND is FALSE - has to do with supply. For copies of the rules and commentaries relevant to your Internet enterprise, contact: Consumer Response Center, Federal Trade Commission, Washington, DC 20580; toll-free: 1-877-FTC-HELP begin_of_the_skype_highlighting 1-877-FTC-HELP end_of_the_skype_highlighting . The broker must notify the Florida Real Estate Commission in writing within 15 business days of the buyer's and seller's conflicting demands for the earnest money. On the first of the month, the seller collected total rent for September amounting to $950. 2. Which statement is TRUE regarding the federal telemarketing law? (page 166), Developers of 20 or more new residential units must also prepare a PROSPECTUS and file it which summarizes the major points detailed in the condo docs. The referring tenants do not hold real estate licensees. On February 17, the Justice Department, together with the Federal Trade Commission (FTC), announced a civil enforcement action against several corporate and individual defendants for alleged violations of the FTC Act and the Telemarketing Sales Rule (TSR) in connection with telemarketing campaigns that have involved millions of illegal robocalls. Securities registered pursuant to Section 12(g) of the Act: None. Which statement is FALSE regarding earning continuing education (CE) credit by attending a legal agenda session of the monthly Florida Real Estate Commission (FREC) meeting? Within how many days must a licensee notify the Department of Business and Professional Regulation of a change in current mailing address? The brothers want their interest in the property to go to their spouses in the event of their deaths. B. call Sue for up to 18 months after she purchases a property through the brokerage firm C. call Sue if she has placed a "for sale" sign in the yard In one of the more upsetting high-profile lawsuits, Vanessa Bryant has just reached a final . The buyer did not accept the seller's counteroffer. Tenancy at Will - if the tenant's holding over is continued with the written consent of the lessor, the tenancy becomes a tenancy at will under FL law. Calculate the proration and indicate who is debited and who is credited. State law (CGS 42-288a) requires DCP to establish and maintain a listing of consumers who do not wish to receive unsolicited telephone sales calls from firms offering goods or services. Which list of appraisal methods is unique to the appraisal of business enterprises? The loan officer has three business days to give the loan applicant a copy of the information booklet. 24,700 / 47,800 = 52% profit. An official website of the United States government. A closing is set for July 15. The overall capitalization rate (OAR) is determined by analyzing which two components of similar properties in the subject property's market area? The .gov means its official. A buyer offered $225,000 for a seller's property. AND, IT WILL PROTECT THE NEW OWNER (IF TRANSFERRED) UP TO THE UNPAID BALANCE OF THE MORTGAGE LOAN. Which statement is TRUE regarding the key rings? Real estate licensees may contact their former customers for up to 18 months following the closing of a transaction, even if the customer's name is on the national registry. These opinions are issued, pursuant to Rules 1.1 - 1.4 of the Commission's Rules of Practice, 16 C.F.R. A court may award up to three times that amount for a willful or knowing violation. Also, created a uniform statewide rating system for rating new and existing residential, commercial and public buildings. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Three brothers join together to purchase property. The tenant has a tenancy, Tenancy at Will - if the tenant's holding over is continued with the written consent of the lessor, the tenancy becomes a tenancy at will under FL law. Which entity is a guarantor of mortgage-back securities? The loan officer has three business days to give the loan applicant a copy of the information booklet. a) The name on the real estate brokerage firm for which the associate works must be printed on the key rings b) As long as the sales associate is paying the entire cost of the rings, he can put any wording on them he chooses. Licensees must notify the DBPR in writing within 10 days of a change in current mailing address. Which statement is FALSE regarding earning continuing education (CE) credit by attending a legal agenda session of the monthly Florida Real Estate Commission (FREC) meeting? The brothers want their interest in the property to go to their spouses in the event of their deaths. To protect themselves catalog marketers should ask Property taxes are paid in arrears - so seller has paid no taxes that month. A Georgia real estate licensee moved to Miami five months ago. Lease Agreements longer than 1 year Which statement is TRUE? Informacin detallada del sitio web y la empresa: hotelroyalvasto.com, +39873801950 Hotel Royal Vasto Marina - Hotel 3 stelle sul mare a Vasto Marina in Abruzzo The landlord pays the property taxes, hazard insurance, and maintenance expenses. Personnel engaged in any aspect of telemarketing must be . The law is enforced by the Office of the Attorney General. Which statement is TRUE regarding the federal telemarketing law? A) Real estate licensees may call all the for-sale-by-owner sellers in a community to solicit listings without regard to whether the homeowners are listed on the do-not-call registry. What is the final step in the real estate sale process? The brokerage relationship disclosure requirements in Chapter 475, Florida Statutes, do NOT apply to which transaction? CBS vs. CIA The Florida Consumer Protection Law is located at Fla. Stat. NOI = Cap Rate x Value (sale price) Hazard Insurance is included as part of a fixed expense (also ppty taxes) Mortgage payments are not considered an opex because they are not directly associated with the maintenance and operation of the property. Williams v. The PISA Group DNC Lawsuit Update Illiquidity; 2. Which document must a prospective buyer of an existing (resale) condominium unit receive? Stephanie T. Nguyen, Chief Technology Officer, Competition and Consumer Protection Guidance Documents, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, National Consumer Protection Week 2023 Begins Sunday, March 5, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, Franchises, Business Opportunities, and Investments, https://www.federalregister.gov/regulations/3084-AA98/telemarketing-sales-rule, 16 CFR Part 310: Telemarketing Sales Rule Fees; Final Rule Updating Fees Charged to Entities Accessing the National Do Not Call Registry, 16 CFR Part 310: Telemarketing Sales Rule Fees; Final Rule Updating Fees Charged to Entities Accessing the National Do Not Call Registry, 16 CFR Part 310: Telemarketing Sales Rule Fee; Final Rule That Updates Fees Charged To Entities Accessing the National Do Not Call Registry, Agency Information Collection Activities; Submission for OMB Review; Comment Request; Notice (Telemarketing Sales Rule), Telemarketing Sales Rule Information Collection Activities; Proposed Collection; Comment Request, 16 CFR Part 310: Telemarketing Sales Rule: Final Rule Amendments: Federal Register Notice Containing the Final Telemarketing Sales Rule Amendments and the Statement of Basis and Purpose, 16 CFR Part 310: Telemarketing Sales Rule Fees; Notice Advising That There Will BE No Fee Increase for Accessing the National Do Not Call Registry for Fiscal Year 2016, 16 CFR Part 310: Telemarketing Sales Rule; Extension of Comment Period for Rule Review to November 13, 2014, 16 CFR Part 310: Telemarketing Sales Rule Fees; Final Rule Amending TSR Fees Charged to Entities Accessing the National Do-Not-Call Registry, as Required by the Do-Not-Call Registry Fee Extension Act of 2007, 16 CFR Part 310: Telemarketing Sales Rule Federal Register Notice: Rule Review Request for Public Comments as Part of the FTCs Systematic Regulatory Review, Modified Ten-Year Regulatory Review Schedule; Notice of Intent to Request Public Comments, 16 CFR Part 310: Telemarketing Sales Rule; Notification of Termination of Caller ID Rulemaking Federal Register Notice, 16 C.F.R.

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