FLORIDA REAL ESTATE FINAL ACTUAL EXAM
COMPLETE ACCURATE EXAM QUESTIONS WITH
DETAILED, VERIFIED ANSWERS NEWEST 2025.
Terms in this set (140)
Owners that buy income Absentee Owners
properties as investments
and depend on
professionals to manage
them
a Value estimated based on CMA -Comparative Market Analysis...
resent sales of similar
properties in the same
neighborhood, not an
appraisal
A contractor is employed by Custom Building
an owner of land to build on
that land to the owner's
specifications
When a contractor builds Speculative building
on his own land with the
hope of locating a
purchaser after
construction has been
completed
tract building
A developer that acquires a
large that aquires a large
tract of land and builds a
model center from which
sales may be made
,Property management has Absentee Ownership
grown as a service of real
estate primarily bc of an
increase of _______
_________
The category of construction Custom Building
that applies when a property
owner employs a contractor
to build on his or her lot is
called________
___________
A Real Estate appraiser's C. the time and difficulty of the appraisal
fee for professional service
is based on:
a. a percentage of
theproperty's gross income
b. a percentage of the
fairmarket value
c. the time and difficulty
ofthe appraisal
d. a percentage
ofproperty's sales
b. custom
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
,A Florida Real Estate lisence 1. Preforming a service of real estate
is required when anyone 2. In the state of Florida
performs a service is
3. For another
specified under F.S. 475 when
all the following conditions 4. For compensation
are simultaneously present,
unless that individual is
otherwise exempt under the
law:
_________ has been defined Compensation
to include anything or any
service of Value paid,
recieved or expected to be
paid or recieved.
The postlicense educational 45
course for sales associate
consists of
________ hours
The continuing education 14
requirement consists of
______ hours
Florida Real estate sales one year
associates that desire to
become brokers must wait
_______ ________ before
taking the state exam.
$50
A tenant in an apartment
complex may recieve up
to ______ for refferal of a
new tenant for the same
complex.
________ ________ Post Licensing
, education
must be completed during
the initial sales associates's
license period.
Owner-employers of d. a commission or salary
licensed real estate sales
associates are allowed to
pay them:
a. on a salary basis only
b. on a commision
basisonly
c. a commission , but
not abonus
d. a commission or
salary
To qualify for a real estate c. 12 months under 1 or more actively licensed brokers
broker's license, an
applicant must have been
employed for a minimum of:
a. 6 months under one
actively licensed broker b.
12 months under one
actively licensed broker c.
12 months under 1 or more
actively licensed brokers
d. 6 months under 1 or more
actively lisenced broker
60 hours
How many hours of
postlicense education are
required to renew a brokers
license?
COMPLETE ACCURATE EXAM QUESTIONS WITH
DETAILED, VERIFIED ANSWERS NEWEST 2025.
Terms in this set (140)
Owners that buy income Absentee Owners
properties as investments
and depend on
professionals to manage
them
a Value estimated based on CMA -Comparative Market Analysis...
resent sales of similar
properties in the same
neighborhood, not an
appraisal
A contractor is employed by Custom Building
an owner of land to build on
that land to the owner's
specifications
When a contractor builds Speculative building
on his own land with the
hope of locating a
purchaser after
construction has been
completed
tract building
A developer that acquires a
large that aquires a large
tract of land and builds a
model center from which
sales may be made
,Property management has Absentee Ownership
grown as a service of real
estate primarily bc of an
increase of _______
_________
The category of construction Custom Building
that applies when a property
owner employs a contractor
to build on his or her lot is
called________
___________
A Real Estate appraiser's C. the time and difficulty of the appraisal
fee for professional service
is based on:
a. a percentage of
theproperty's gross income
b. a percentage of the
fairmarket value
c. the time and difficulty
ofthe appraisal
d. a percentage
ofproperty's sales
b. custom
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
,A Florida Real Estate lisence 1. Preforming a service of real estate
is required when anyone 2. In the state of Florida
performs a service is
3. For another
specified under F.S. 475 when
all the following conditions 4. For compensation
are simultaneously present,
unless that individual is
otherwise exempt under the
law:
_________ has been defined Compensation
to include anything or any
service of Value paid,
recieved or expected to be
paid or recieved.
The postlicense educational 45
course for sales associate
consists of
________ hours
The continuing education 14
requirement consists of
______ hours
Florida Real estate sales one year
associates that desire to
become brokers must wait
_______ ________ before
taking the state exam.
$50
A tenant in an apartment
complex may recieve up
to ______ for refferal of a
new tenant for the same
complex.
________ ________ Post Licensing
, education
must be completed during
the initial sales associates's
license period.
Owner-employers of d. a commission or salary
licensed real estate sales
associates are allowed to
pay them:
a. on a salary basis only
b. on a commision
basisonly
c. a commission , but
not abonus
d. a commission or
salary
To qualify for a real estate c. 12 months under 1 or more actively licensed brokers
broker's license, an
applicant must have been
employed for a minimum of:
a. 6 months under one
actively licensed broker b.
12 months under one
actively licensed broker c.
12 months under 1 or more
actively licensed brokers
d. 6 months under 1 or more
actively lisenced broker
60 hours
How many hours of
postlicense education are
required to renew a brokers
license?
