Florida real estate EXAM A+ GRADE ASSURED COMPLETE SOLUTIONS AND VERIFIED ANSWERS

REAL ESTATE LICENSING
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Exam Solution
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Florida Real Estate Exam 2026 A+ GRADE ASSURED CO
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MPLETE SOLUTIONS AND VERIFIED ANSWERS (55DE9) ms ms ms ms ms




QUESTION 1 ms




Term
ANSWER

Definition



QUESTION 2 ms




Owners that buy income properties as investments and depend on professionals to m
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anage them ms




ANSWER

Absentee Owners ms




QUESTION 3 ms




a Value estimated based on resent sales of similar properties in the same neighborho
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od, not an appraisal
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ANSWER

CMA -Comparative Market Analysis...
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QUESTION 4 ms




A contractor is employed by an owner of land to build on that land to the owner's spe
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cifications
ANSWER

Custom Building ms

,QUESTION 5 ms




When a contractor builds on his own land with the hope of locating a purchaser after
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construction has been completed ms ms ms




ANSWER

Speculative building ms




QUESTION 6 ms




A developer that acquires a large that aquires a large tract of land and builds a model
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center from which sales may be made
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ANSWER

tract building ms




QUESTION 7 ms




Property management has grown as a service of real estate primarily bc of an increas
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e of _______ _________
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ANSWER

Absentee Ownership ms




QUESTION 8 ms




The category of construction that applies when a property owner employs a contracto
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r to build on his or her lot is called________ ___________
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ANSWER

Custom Building ms




QUESTION 9 ms




A Real Estate appraiser's fee for professional service is based on:
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a. a percentage of the property's gross income
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b. a percentage of the fair market value
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c. the time and difficulty of the appraisal
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d. a percentage of property's sales
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ANSWER

C. the time and difficulty of the appraisal
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, QUESTION 10 ms




A developer contracts to build a home on a buyer's lot to the buyer's specifications. T
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his is an example of which type of building:
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a. tract
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b. custom
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c. speculative
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d. subdivision
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ANSWER

b. custom
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QUESTION 11 ms




A Florida Real Estate lisence is required when anyone performs a service is specified
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under F.S. 475 when all the following conditions are simultaneously present, unless th
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at individual is otherwise exempt under the law:
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ANSWER

1. Preforming a service of real estate 2. In the state of Florida 3. For another 4. For compensation
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QUESTION 12 ms




_________ has been defined to include anything or any service of Value paid, recieved or
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expected to be paid or recieved.
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ANSWER

Compensation



QUESTION 13 ms




The postlicense educational course for sales associate consists of ________ hours
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ANSWER

45



QUESTION 14 ms




The continuing education requirement consists of ______ hours
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ANSWER

14