2025 FLORIDA REAL ESTATE EXAM ONLINE PRACTICE| EXAM
QUESTIONS AND CORRECT ANSWERS (FULLY SOLVED) |
ALREADY GRADED A+ | LATEST UPDATE (JUST RELEASED)
Owners that buy income properties as investments and depend on professionals to
manage them -CORRECT ANS>>Absentee Owners
a Value estimated based on resent sales of similar properties in the same
neighborhood, not an appraisal -CORRECT ANS>>CMA -Comparative Market
Analysis...
A contractor is employed by an owner of land to build on that land to the owner's
specifications -CORRECT ANS>>Custom Building
When a contractor builds on his own land with the hope of locating a purchaser after
construction has been completed -CORRECT ANS>>Speculative building
A developer that acquires a large that acquires a large tract of land and builds a model
center from which sales may be made -CORRECT ANS>>tract building
Property management has grown as a service of real estate primarily because of an
increase of -CORRECT ANS>>Absentee Ownership
The category of construction that applies when a property owner employs a
contractor to build on his or her lot is called -CORRECT ANS>>Custom Building
,A Real Estate appraiser's fee for professional service is based on:
-CORRECT ANS>>C. the time and difficulty of the appraisal
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:
-CORRECT ANS>>b. custom
A Florida Real Estate license is required when anyone performs a service is specified
under F.S. 475 when all the following conditions are simultaneously present, unless
that individual is otherwise exempt under the law: -CORRECT ANS>>1. Preforming a
has been defined to include anything or any service of Value paid, received or
expected to be paid or received. -CORRECT ANS>>Compensation
The post license educational course for sales associate consists of hours
-CORRECT ANS>>45
The continuing education requirement consists of hours -CORRECT ANS>>14
Florida Real estate sales associates that desire to become brokers must wait
before taking the state exam. -CORRECT ANS>>one year
A tenant in an apartment complex may receive up to for referral of a new tenant
for the same complex. -CORRECT ANS>>$50
education must be completed during the initial sales associates’ license period.
-CORRECT ANS>>Post Licensing
Owner-employers of licensed real estate sales associates are allowed to pay them:
-CORRECT ANS>>d. a commission or salary
, To qualify for a real estate broker's license, an applicant must have been employed for
a minimum of:
-CORRECT ANS>>c. 12 months under 1 or more actively licensed brokers
How many hours of post license education are required to renew a broker’s license? -
CORRECT ANS>>60 hours
How long can a voluntary inactive licensee remain in that license status? -CORRECT
ANS>>indefinitely
The agreement the state of Florida has w/ some other states that recognizes the
similarity in education and experience required of licensees is called:
-CORRECT ANS>>b. mutual recognition
A plumber has been appointed by a court to appraise a small business. The
plumber.......
-CORRECT ANS>>c. may do so and be paid a fee
A Georgia Auctioneer was asked by a local real estate broker to auction a small motel
in Jacksonville. The auction did not result in a sale. The Florida broker paid the
auctioneer for out-of-pocket expenses, but did not pay a commission. It would be
correct to say that the:
-CORRECT ANS>>a. Georgia Auctioneer violated the license law
The Commission's ability to impose disciplinary actions against licensees is known as
power -CORRECT ANS>>quasi - judicial
QUESTIONS AND CORRECT ANSWERS (FULLY SOLVED) |
ALREADY GRADED A+ | LATEST UPDATE (JUST RELEASED)
Owners that buy income properties as investments and depend on professionals to
manage them -CORRECT ANS>>Absentee Owners
a Value estimated based on resent sales of similar properties in the same
neighborhood, not an appraisal -CORRECT ANS>>CMA -Comparative Market
Analysis...
A contractor is employed by an owner of land to build on that land to the owner's
specifications -CORRECT ANS>>Custom Building
When a contractor builds on his own land with the hope of locating a purchaser after
construction has been completed -CORRECT ANS>>Speculative building
A developer that acquires a large that acquires a large tract of land and builds a model
center from which sales may be made -CORRECT ANS>>tract building
Property management has grown as a service of real estate primarily because of an
increase of -CORRECT ANS>>Absentee Ownership
The category of construction that applies when a property owner employs a
contractor to build on his or her lot is called -CORRECT ANS>>Custom Building
,A Real Estate appraiser's fee for professional service is based on:
-CORRECT ANS>>C. the time and difficulty of the appraisal
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:
-CORRECT ANS>>b. custom
A Florida Real Estate license is required when anyone performs a service is specified
under F.S. 475 when all the following conditions are simultaneously present, unless
that individual is otherwise exempt under the law: -CORRECT ANS>>1. Preforming a
has been defined to include anything or any service of Value paid, received or
expected to be paid or received. -CORRECT ANS>>Compensation
The post license educational course for sales associate consists of hours
-CORRECT ANS>>45
The continuing education requirement consists of hours -CORRECT ANS>>14
Florida Real estate sales associates that desire to become brokers must wait
before taking the state exam. -CORRECT ANS>>one year
A tenant in an apartment complex may receive up to for referral of a new tenant
for the same complex. -CORRECT ANS>>$50
education must be completed during the initial sales associates’ license period.
-CORRECT ANS>>Post Licensing
Owner-employers of licensed real estate sales associates are allowed to pay them:
-CORRECT ANS>>d. a commission or salary
, To qualify for a real estate broker's license, an applicant must have been employed for
a minimum of:
-CORRECT ANS>>c. 12 months under 1 or more actively licensed brokers
How many hours of post license education are required to renew a broker’s license? -
CORRECT ANS>>60 hours
How long can a voluntary inactive licensee remain in that license status? -CORRECT
ANS>>indefinitely
The agreement the state of Florida has w/ some other states that recognizes the
similarity in education and experience required of licensees is called:
-CORRECT ANS>>b. mutual recognition
A plumber has been appointed by a court to appraise a small business. The
plumber.......
-CORRECT ANS>>c. may do so and be paid a fee
A Georgia Auctioneer was asked by a local real estate broker to auction a small motel
in Jacksonville. The auction did not result in a sale. The Florida broker paid the
auctioneer for out-of-pocket expenses, but did not pay a commission. It would be
correct to say that the:
-CORRECT ANS>>a. Georgia Auctioneer violated the license law
The Commission's ability to impose disciplinary actions against licensees is known as
power -CORRECT ANS>>quasi - judicial
