Florida Real Estate Exam
with _ANS-s 2025/2026
______ __ _______applies when a higher-priced property is constructed in an area of lower-
priced properties. the higher priced property will REGRESS in value toward the level of less
expensive properties in the area. - _ANS-Principle of regression
________ ________ education must be completed during the initial sales associates' license
period. - _ANS-Post Licensing
________ expenses do not change w/ occupancy levels, examples property taxes and hazard
insurance. - _ANS-Fixed
_________ clause is used in mortgages on income-producing real estate. - _ANSReceivership
_________ has been defined to include anything or any service of Value paid, recieved or
expected to be paid or recieved. - _ANS-Compensation
__________ clause allows the lender to Foreclose on you bc you haven't been making your
payments. - _ANS-Acceleration
__________ clause, A.K.A. due-on-sale clause, prevents a borower from transfering any interest
in the morgaged property w/o permission of the lender. - _ANS-Alienation
__________ rights allow a property owner whose property borders on a river or steam the use
of the water - _ANS-sRiparian
,____________ of ___________ provides time limits within which parties are allowed to bring
legal action to enforse their rights under a contract. - _ANS-sStatue of Limitations
$104,250 is the max amount of a verteran's entitlement of a VA guaranteed loan, and ____ days
are required to be a Veteran. - _ANS-s181 peacetime
90 military conflict
2 ways to Own - _ANS-s1. fee simple (absolute)
2. Life estate (owned in lifetime)
3 Components of Real Estate - _ANS-s1. Air
2. Surface
3. Subsurface
A ______ _______ is defined as a contract that is wholly written and under seal (in writing and
signed. - _ANS-sformal contract
A 5-year lease of a 10,000 sq ft warehouse prohibits assignment. After 2 yrs the tenant is unable
to continue w/ the full rent payments and arranges w/ another tenant to take over one-half of
the space and one-half of the rent for the remaining term. This arrangement is
a. a violation of the terms of the lease
b. a sublease
c. in violation of Statute 83
d. illegal - _ANS-sb. a sublease
A blanket Morgage that allows for the release of a single parcel upon payment of a specified
sum contains which clause?
, a. defeasance
b. acceleration
c. satisfaction
d. release - _ANS-sd. release
A Broker
a. can refuse offers on behalf of the principal
b. can buy the listed property w/o consent of the principal
c. must follow all legal instructions of the principal or withdrawl
d. must ignore the instructions of a principal when the instructions are not in the best interests
of the principal. - _ANS-sc. must follow all legal instructions of the principal or withdrawl
A contractor is employed by an owner of land to build on that land to the owner's specifications
- _ANS-sCustom Building
A developer contracts to build a home on a buyer's lot to the buyer's specifications. This is an
example of which type of building:
a. tract
b. custom
c. speculative
d. subdivision - _ANS-sb. custom
A developer that acquires a large that aquires a large tract of land and builds a model center
from which sales may be made - _ANS-stract building
with _ANS-s 2025/2026
______ __ _______applies when a higher-priced property is constructed in an area of lower-
priced properties. the higher priced property will REGRESS in value toward the level of less
expensive properties in the area. - _ANS-Principle of regression
________ ________ education must be completed during the initial sales associates' license
period. - _ANS-Post Licensing
________ expenses do not change w/ occupancy levels, examples property taxes and hazard
insurance. - _ANS-Fixed
_________ clause is used in mortgages on income-producing real estate. - _ANSReceivership
_________ has been defined to include anything or any service of Value paid, recieved or
expected to be paid or recieved. - _ANS-Compensation
__________ clause allows the lender to Foreclose on you bc you haven't been making your
payments. - _ANS-Acceleration
__________ clause, A.K.A. due-on-sale clause, prevents a borower from transfering any interest
in the morgaged property w/o permission of the lender. - _ANS-Alienation
__________ rights allow a property owner whose property borders on a river or steam the use
of the water - _ANS-sRiparian
,____________ of ___________ provides time limits within which parties are allowed to bring
legal action to enforse their rights under a contract. - _ANS-sStatue of Limitations
$104,250 is the max amount of a verteran's entitlement of a VA guaranteed loan, and ____ days
are required to be a Veteran. - _ANS-s181 peacetime
90 military conflict
2 ways to Own - _ANS-s1. fee simple (absolute)
2. Life estate (owned in lifetime)
3 Components of Real Estate - _ANS-s1. Air
2. Surface
3. Subsurface
A ______ _______ is defined as a contract that is wholly written and under seal (in writing and
signed. - _ANS-sformal contract
A 5-year lease of a 10,000 sq ft warehouse prohibits assignment. After 2 yrs the tenant is unable
to continue w/ the full rent payments and arranges w/ another tenant to take over one-half of
the space and one-half of the rent for the remaining term. This arrangement is
a. a violation of the terms of the lease
b. a sublease
c. in violation of Statute 83
d. illegal - _ANS-sb. a sublease
A blanket Morgage that allows for the release of a single parcel upon payment of a specified
sum contains which clause?
, a. defeasance
b. acceleration
c. satisfaction
d. release - _ANS-sd. release
A Broker
a. can refuse offers on behalf of the principal
b. can buy the listed property w/o consent of the principal
c. must follow all legal instructions of the principal or withdrawl
d. must ignore the instructions of a principal when the instructions are not in the best interests
of the principal. - _ANS-sc. must follow all legal instructions of the principal or withdrawl
A contractor is employed by an owner of land to build on that land to the owner's specifications
- _ANS-sCustom Building
A developer contracts to build a home on a buyer's lot to the buyer's specifications. This is an
example of which type of building:
a. tract
b. custom
c. speculative
d. subdivision - _ANS-sb. custom
A developer that acquires a large that aquires a large tract of land and builds a model center
from which sales may be made - _ANS-stract building
