Florida Real Estate Exam with 100%
Correct Answers
What 3 rights make up the physical components of Land? ✔️✔️1-surface rights to land and
water,
2-Sub-surface rights to underground minerals,
3-air rights to the space above.
What is Riparian rights? ✔️✔️Rights to a river, lake or ocean.
What is Erosion and Accretion? ✔️✔️Erosion--gradual loss of land due to natural forces
Accretion--gradual gain of land due to natural forces
What is Chattel ✔️✔️Personal property--everything that is not real estate and must be
transferred by a bill of sale
What is a fixture? ✔️✔️An object that was once personal property but has been attached to an
improvement so as to become real estate.
What are the 3 A's test for a fixture?
(A fixture is something that will convey with he sale of the home) ✔️✔️Attachment,
Adaptation, Agreement
,What is scarcity? ✔️✔️When lack of supply increases value
What is Situs? ✔️✔️Locational preference, and value is affected by actions in the surrounding
neighborhood
What are improvements? ✔️✔️Add value to the land
What is Immobility? ✔️✔️Concept that geographic location is fixed
What is Indestructibility ✔️✔️Concept that land is permanent
What is uniqueness? ✔️✔️No two parcels are the same
Metes-and-Bounds ✔️✔️From a fixed point of beginning it describes the measurements and
direction to proceed around the property and return to the starting point. Natural monuments like
a rock or tree are not required.
In a government survey, what constitutes a township? ✔️✔️6 miles x 6 miles: 36 square miles
What is the starting point for survey system in Florida? ✔️✔️Tallahassee Principal Meridian
(runs north and south) & Baseline(runs east and west)
,What is the range? ✔️✔️vertical columns of townships
What is the Tier? ✔️✔️Horizontal rows of townships
What constitutes a section? ✔️✔️1 mile x 1 mile, or 650 Acres
How are these township sections numbered? ✔️✔️from 1-36, beginning at the top right or
northeast corner.
6,5,4,3,2,1
7,8,9,10,11,12
18,17,16,15,14,13, etc
What is a Plat? ✔️✔️a map that shows the lots, divisions and street locations when a parcel is
subdivided
What is dedication? ✔️✔️The transfer of land, such as roadways and other public spaces, to a
governmental body for public use.
What is Zoning or "police power" ✔️✔️The authority of the gov't to enact and enforce land-
use controls
, What is the purpose of zoning? ✔️✔️to protect public health, welfare and safety; ensure that
land uses are compatible with surroundings; and allow orderly and stable growth
Who makes up planning commission board? ✔️✔️Members are local citizens and NOt trained
professionals.
What are zoning ordinances? ✔️✔️local laws enacted to ensure that property and owners
adhere to land use restrictions.
How is land described in a subdivision? ✔️✔️Lot, then block
What are the typical land-use classification? (5) ✔️✔️residential,
commercial,
industrial/manufacturing,
agricultural,
special use or mixed
What is a buffer zone? ✔️✔️separates two drastically different land use zones
What are setback restrictions? ✔️✔️They specify the location of improvements in relation to
boundaries.
Correct Answers
What 3 rights make up the physical components of Land? ✔️✔️1-surface rights to land and
water,
2-Sub-surface rights to underground minerals,
3-air rights to the space above.
What is Riparian rights? ✔️✔️Rights to a river, lake or ocean.
What is Erosion and Accretion? ✔️✔️Erosion--gradual loss of land due to natural forces
Accretion--gradual gain of land due to natural forces
What is Chattel ✔️✔️Personal property--everything that is not real estate and must be
transferred by a bill of sale
What is a fixture? ✔️✔️An object that was once personal property but has been attached to an
improvement so as to become real estate.
What are the 3 A's test for a fixture?
(A fixture is something that will convey with he sale of the home) ✔️✔️Attachment,
Adaptation, Agreement
,What is scarcity? ✔️✔️When lack of supply increases value
What is Situs? ✔️✔️Locational preference, and value is affected by actions in the surrounding
neighborhood
What are improvements? ✔️✔️Add value to the land
What is Immobility? ✔️✔️Concept that geographic location is fixed
What is Indestructibility ✔️✔️Concept that land is permanent
What is uniqueness? ✔️✔️No two parcels are the same
Metes-and-Bounds ✔️✔️From a fixed point of beginning it describes the measurements and
direction to proceed around the property and return to the starting point. Natural monuments like
a rock or tree are not required.
In a government survey, what constitutes a township? ✔️✔️6 miles x 6 miles: 36 square miles
What is the starting point for survey system in Florida? ✔️✔️Tallahassee Principal Meridian
(runs north and south) & Baseline(runs east and west)
,What is the range? ✔️✔️vertical columns of townships
What is the Tier? ✔️✔️Horizontal rows of townships
What constitutes a section? ✔️✔️1 mile x 1 mile, or 650 Acres
How are these township sections numbered? ✔️✔️from 1-36, beginning at the top right or
northeast corner.
6,5,4,3,2,1
7,8,9,10,11,12
18,17,16,15,14,13, etc
What is a Plat? ✔️✔️a map that shows the lots, divisions and street locations when a parcel is
subdivided
What is dedication? ✔️✔️The transfer of land, such as roadways and other public spaces, to a
governmental body for public use.
What is Zoning or "police power" ✔️✔️The authority of the gov't to enact and enforce land-
use controls
, What is the purpose of zoning? ✔️✔️to protect public health, welfare and safety; ensure that
land uses are compatible with surroundings; and allow orderly and stable growth
Who makes up planning commission board? ✔️✔️Members are local citizens and NOt trained
professionals.
What are zoning ordinances? ✔️✔️local laws enacted to ensure that property and owners
adhere to land use restrictions.
How is land described in a subdivision? ✔️✔️Lot, then block
What are the typical land-use classification? (5) ✔️✔️residential,
commercial,
industrial/manufacturing,
agricultural,
special use or mixed
What is a buffer zone? ✔️✔️separates two drastically different land use zones
What are setback restrictions? ✔️✔️They specify the location of improvements in relation to
boundaries.
