Answers(RATED A+)
In which area of brokerage has absentee ownership increased the demand? - ANSWER
Property management
How is a real estate appraiser typically paid? - ANSWER A fee based upon time and
difficulty of the appraisal
What does the local planning agency have the authority to approve - ANSWER A
subdivision plat map
What is it called when a developer gives the land to a government body - ANSWER
Dedication
What business is a licensee engaged in who markets, leases and maintains property for
someone else - ANSWER Property management
In which service of real estate must a licensee disclose the agency relationship and the
responsibilities of the relationship to the public - ANSWER Residential sales
Which power authorizes the front to pass or revise rules - ANSWER Quasi-legislative
All of the following would be grounds for suspension or revocation of a real estate
license except - ANSWER Not being a resident of Florida
Sandy works as a sales associate for a broker and has been asked to work weekends
for a new developer to sell new homes on commission what must Sandy do for the
developer? - ANSWER Transfer her license from the broker to the owner developer
What does the license law require that the licenseecomplete before the first renewal of
a Florida real estate license - ANSWER A post licensing course
In a brokerage corporation the officers and directors can be active or in active brokers
or non-licensed registered persons. If someone who is non-licensed and registered
wants to become a broker what must he or she do? - ANSWER Qualify for a broker
license in the same way as anyone else
Who would be exempt from the real estate licensing law - ANSWER A person who rents
homes less than a year
Which entity provides the best protection for the public during the real estate transaction
- ANSWER Frec