FLORIDA REAL ESTATE 63-HOUR COURSE
2 - Answers -Sarah holds a real estate license. She was asked to appraise a property.
She can do so provided Sarah
1) Does not represent herself as state-certified, registered or licensed appraiser; does
not accept a fee; and follows USPAP standards
2) Does not represent herself as state-certified, registered or licensed appraiser; does
not accept a fee based on the appraised value; is not doing it for a federally related
transaction, and follows USPAP standards
3) Does so only by using the comparative market analysis or broker price opinion format
4) Does so only for a federally related transaction
2 - Answers -State-certified, licensed and registered appraisers are regulated by
1) The Florida Real Estate Commission
2) The Florida Real Estate Appraisal Board
3) Division of Real Estate
4) The Appraiser's Conference and Standards Commission
4 - Answers -Nick Slick is a property manager for Tony Tiger. Nick's main objective as a
property manager is to
1) Obtain a renter for Tony Tiger's property
2) Advertise that Tony Tiger has a property available for rent
3) Collect rental payments and maintaining escrow accounts per the law
4) Protect and maintain Tony Tiger's property while maximizing Tony Tiger's return on
the investment.
2 - Answers -Expert information is the product that a broker, sales associate, or broker
associate must market and contribute to a real estate transaction in all of the following
areas except:
1) Knowledge of property transfer
2) Knowledge of estate management
3) Knowledge of market conditions
4) Knowledge of how to market real estate
2 - Answers -Which real estate specialty handles properties designed for retail
locations, restaurants, and professional offices?
1) Residential
, 2) Commercial
3) Industrial
4) Agricultural
True
False
B - Answers -Mika has held a Georgia real estate license for one year and has lived in
Florida for six months. Mika is able to obtain a Florida real estate license by
____________________.
a. Taking a 40 question mutual recognition Florida real estate law exam
b. Taking a 63-hour sales associate pre-license course and passing the 100 question
sales associate state exam
c. Applying for a new license under the rules of reciprocity
D. Obtain a temporary license for six months
B - Answers -If a sales associate fails to take the 45 hour post license course before the
first renewal period, his or her license will ___________.
A. Cease to be in force
B. No longer have a valid license and would have to start over
C. Be Inactive
D. Be re-activated with a 28 hour course
A - Answers -To satisfy the 14 hours of continuing education, after the initial renewal
period, a licensee may:
A. Take 3 hours of law , 3 hours of Ethics and 8 hours of real estate specialty courses
B. Take 3 hours of law each year of the renewal period
C. Attend a legal agenda session of the Florida Real Estate Commission - FREC plus
take 11 hours of real estate specialty
D. Any of the above
B - Answers -A Florida attorney who completed all Florida real estate sales associate
license and education requirements and held the license for 2 years can obtain a
broker's license by completing which of the following requirements?
A. The 72 hour broker course and the state broker exam but will not have to take any
post broker licensing courses
B. The 72 hour broker course, the state broker exam, and post broker licensing 60 hour
courses
C. The 72 hour broker course, the state broker exam, post broker licensing 60 hour
courses and continuing education
2 - Answers -Sarah holds a real estate license. She was asked to appraise a property.
She can do so provided Sarah
1) Does not represent herself as state-certified, registered or licensed appraiser; does
not accept a fee; and follows USPAP standards
2) Does not represent herself as state-certified, registered or licensed appraiser; does
not accept a fee based on the appraised value; is not doing it for a federally related
transaction, and follows USPAP standards
3) Does so only by using the comparative market analysis or broker price opinion format
4) Does so only for a federally related transaction
2 - Answers -State-certified, licensed and registered appraisers are regulated by
1) The Florida Real Estate Commission
2) The Florida Real Estate Appraisal Board
3) Division of Real Estate
4) The Appraiser's Conference and Standards Commission
4 - Answers -Nick Slick is a property manager for Tony Tiger. Nick's main objective as a
property manager is to
1) Obtain a renter for Tony Tiger's property
2) Advertise that Tony Tiger has a property available for rent
3) Collect rental payments and maintaining escrow accounts per the law
4) Protect and maintain Tony Tiger's property while maximizing Tony Tiger's return on
the investment.
2 - Answers -Expert information is the product that a broker, sales associate, or broker
associate must market and contribute to a real estate transaction in all of the following
areas except:
1) Knowledge of property transfer
2) Knowledge of estate management
3) Knowledge of market conditions
4) Knowledge of how to market real estate
2 - Answers -Which real estate specialty handles properties designed for retail
locations, restaurants, and professional offices?
1) Residential
, 2) Commercial
3) Industrial
4) Agricultural
True
False
B - Answers -Mika has held a Georgia real estate license for one year and has lived in
Florida for six months. Mika is able to obtain a Florida real estate license by
____________________.
a. Taking a 40 question mutual recognition Florida real estate law exam
b. Taking a 63-hour sales associate pre-license course and passing the 100 question
sales associate state exam
c. Applying for a new license under the rules of reciprocity
D. Obtain a temporary license for six months
B - Answers -If a sales associate fails to take the 45 hour post license course before the
first renewal period, his or her license will ___________.
A. Cease to be in force
B. No longer have a valid license and would have to start over
C. Be Inactive
D. Be re-activated with a 28 hour course
A - Answers -To satisfy the 14 hours of continuing education, after the initial renewal
period, a licensee may:
A. Take 3 hours of law , 3 hours of Ethics and 8 hours of real estate specialty courses
B. Take 3 hours of law each year of the renewal period
C. Attend a legal agenda session of the Florida Real Estate Commission - FREC plus
take 11 hours of real estate specialty
D. Any of the above
B - Answers -A Florida attorney who completed all Florida real estate sales associate
license and education requirements and held the license for 2 years can obtain a
broker's license by completing which of the following requirements?
A. The 72 hour broker course and the state broker exam but will not have to take any
post broker licensing courses
B. The 72 hour broker course, the state broker exam, and post broker licensing 60 hour
courses
C. The 72 hour broker course, the state broker exam, post broker licensing 60 hour
courses and continuing education
