Florida Real Estate State Exam Gold
Coast CRAM EXAM 1&2 Questions and
Answers
1.Absentee ownership has increased the demand for which
area of broker- age
Answer Property management
2.What is a real estate appraiser is paid
Answer A fee based upon time and difficulty of appraisal
3.What does the local planning agency have the authority
to approve
Answer A subdivision plat map
4.What is it called when a developer gives land to a
governmental body?
Answer Dedication
5.What business is a license engaged in who markets, leases
and maintains property for someone else?
Answer Property management
,6.In which service of real estate must a licensee disclosure the
agency rela- tionship and the responsibilities of that
relationship to the public
Answer Residential sales
7.Which power authorizes the frec to pass or revise rules
Answer QUASI legislative
8.Would be grounds for suspension or revocation of a real
estate license except
Answer Not being a resident of Florida
9.Sandy works as a sales associate for a broker and has been
asked to work weekends for a developer to sell new homes on
commission. What must sandy do to work for the developers
Answer Transfer her license from the broker to owner developer
10.What does the license law require that a licensee complete
before the first renewal of a Florida real estate license
Answer A post licensing course
11.In a brokerage corp, the officers and directors can be active
or inactive brokers or non licensed registeres persons. if
someone who is non licensed and registered wants to become
a broker, what must they do?
,Answer qualify just as anyone else
12.who would be exempt from the real estate licensing law?
Answer a person who rents mobile home lots
13.Which entity provides the best protection for the public
during a real estate transaction
Answer FREC and the license law
14.Which of the following is a characteristic of the group
license
Answer it may be held by a sales associate or broker associate
15.All of the following are exempt from FS 475 EXCEPT
Answer business brokers
16.Complete the sentence. A broker who holds more than one
broker license-
Answer holds multiple licenses
17.General partners in a brokerage partership that are not
qualified to perform the services of real estate must be
registered
Answer for identification purposes
, 18.Bill's license expired on Sept. 30, 2013. On Feburary 14,
2012 he wants to renew it. If it is not his first renewal, what
must bill do?
Answer late fee and 14 hours of continuing education
19.Ron and his wife each have real estate licenses before he
enters the military. Ron is stationed in Washington, DC. And
his wife accompanies him there, if they makw their licenses
inactive>
Answer Ron and his wife are exempt from renewal
20.what is the status of a sales associates license if the sales
associate works for a broker loses his license?
Answer involuntary inactive
21.The Florida Real Estate Commission my do all of the
following except
Answer Im- pose imprisonment as a penalty
22.Karls license expired on sept 30 2010. on Feb 10 2014 he
wants to activate it again. Which is correct?
Answer His license is null and void
23.A real estate broker has entered into a single agency
relationship with the sellers of a three bedroom, two-bath
Coast CRAM EXAM 1&2 Questions and
Answers
1.Absentee ownership has increased the demand for which
area of broker- age
Answer Property management
2.What is a real estate appraiser is paid
Answer A fee based upon time and difficulty of appraisal
3.What does the local planning agency have the authority
to approve
Answer A subdivision plat map
4.What is it called when a developer gives land to a
governmental body?
Answer Dedication
5.What business is a license engaged in who markets, leases
and maintains property for someone else?
Answer Property management
,6.In which service of real estate must a licensee disclosure the
agency rela- tionship and the responsibilities of that
relationship to the public
Answer Residential sales
7.Which power authorizes the frec to pass or revise rules
Answer QUASI legislative
8.Would be grounds for suspension or revocation of a real
estate license except
Answer Not being a resident of Florida
9.Sandy works as a sales associate for a broker and has been
asked to work weekends for a developer to sell new homes on
commission. What must sandy do to work for the developers
Answer Transfer her license from the broker to owner developer
10.What does the license law require that a licensee complete
before the first renewal of a Florida real estate license
Answer A post licensing course
11.In a brokerage corp, the officers and directors can be active
or inactive brokers or non licensed registeres persons. if
someone who is non licensed and registered wants to become
a broker, what must they do?
,Answer qualify just as anyone else
12.who would be exempt from the real estate licensing law?
Answer a person who rents mobile home lots
13.Which entity provides the best protection for the public
during a real estate transaction
Answer FREC and the license law
14.Which of the following is a characteristic of the group
license
Answer it may be held by a sales associate or broker associate
15.All of the following are exempt from FS 475 EXCEPT
Answer business brokers
16.Complete the sentence. A broker who holds more than one
broker license-
Answer holds multiple licenses
17.General partners in a brokerage partership that are not
qualified to perform the services of real estate must be
registered
Answer for identification purposes
, 18.Bill's license expired on Sept. 30, 2013. On Feburary 14,
2012 he wants to renew it. If it is not his first renewal, what
must bill do?
Answer late fee and 14 hours of continuing education
19.Ron and his wife each have real estate licenses before he
enters the military. Ron is stationed in Washington, DC. And
his wife accompanies him there, if they makw their licenses
inactive>
Answer Ron and his wife are exempt from renewal
20.what is the status of a sales associates license if the sales
associate works for a broker loses his license?
Answer involuntary inactive
21.The Florida Real Estate Commission my do all of the
following except
Answer Im- pose imprisonment as a penalty
22.Karls license expired on sept 30 2010. on Feb 10 2014 he
wants to activate it again. Which is correct?
Answer His license is null and void
23.A real estate broker has entered into a single agency
relationship with the sellers of a three bedroom, two-bath
