Gold Coast Real Estate ACTUAL UPDATED
Exam Questions and CORRECT Answers
Farming - CORRECT ANSWER - When a licensee concentrates on one type of property
or neighborhood
Moratorium - CORRECT ANSWER - an official waiting period; an authorized period of
delay
Leasing - CORRECT ANSWER - Larger than 12 months
Renting - CORRECT ANSWER - Up to 12 months
To apply to be a broker a licensed agent must be working actively under a broker for... -
CORRECT ANSWER - 24 months within a 5 year period
Broker associate - CORRECT ANSWER - An individual who is qualified to be issued a
broker's license but who operates as a sales associate in the employ of another.
To apply for a Florida real estate license... - CORRECT ANSWER - One does not need to
be a resident of the state or us citizen.
When doing your background check - CORRECT ANSWER - One must disclose ANY
criminal history
Application Denial - CORRECT ANSWER - If you are denied by the department the
applicant will be notified in writing and will have 21 days from the date of receipt to request a
formal hearing.
A broker can work for how many brokers at once? - CORRECT ANSWER - One at a time
, Licensure and Registration - CORRECT ANSWER - Individual broker, brokers associates,
and sales associate are licensed and registered while brokerage corps, partnerships, and branch
offices and owner developers are only registered.
Sales associates first renewal - CORRECT ANSWER - 45 hour post licensing course prior
to the expiration date or it will be voided
Continuing EDUCATION - CORRECT ANSWER - 14 hour course and if it's not
completed within the renewal period, your license will be involuntarily inactive
Attorney in fact - CORRECT ANSWER - A person who is granted authority under power
of attorney
Duties of the department (DBPR) - CORRECT ANSWER - Licensing and regulation of
the real estate profession
Can the DBPR issue an injunction? - CORRECT ANSWER - NO
What can the DBPR issue? - CORRECT ANSWER - Citation, a fine of 5000 per offense,
and a cease and desist
Examination Questions and answers are - CORRECT ANSWER - Confidential
Executive Power - CORRECT ANSWER - FREC (Florida Real Estate Commission) and
Promulgation of Publications
DBPR Authority - CORRECT ANSWER - Reprimand Lowest
5000 per offense
Exam Questions and CORRECT Answers
Farming - CORRECT ANSWER - When a licensee concentrates on one type of property
or neighborhood
Moratorium - CORRECT ANSWER - an official waiting period; an authorized period of
delay
Leasing - CORRECT ANSWER - Larger than 12 months
Renting - CORRECT ANSWER - Up to 12 months
To apply to be a broker a licensed agent must be working actively under a broker for... -
CORRECT ANSWER - 24 months within a 5 year period
Broker associate - CORRECT ANSWER - An individual who is qualified to be issued a
broker's license but who operates as a sales associate in the employ of another.
To apply for a Florida real estate license... - CORRECT ANSWER - One does not need to
be a resident of the state or us citizen.
When doing your background check - CORRECT ANSWER - One must disclose ANY
criminal history
Application Denial - CORRECT ANSWER - If you are denied by the department the
applicant will be notified in writing and will have 21 days from the date of receipt to request a
formal hearing.
A broker can work for how many brokers at once? - CORRECT ANSWER - One at a time
, Licensure and Registration - CORRECT ANSWER - Individual broker, brokers associates,
and sales associate are licensed and registered while brokerage corps, partnerships, and branch
offices and owner developers are only registered.
Sales associates first renewal - CORRECT ANSWER - 45 hour post licensing course prior
to the expiration date or it will be voided
Continuing EDUCATION - CORRECT ANSWER - 14 hour course and if it's not
completed within the renewal period, your license will be involuntarily inactive
Attorney in fact - CORRECT ANSWER - A person who is granted authority under power
of attorney
Duties of the department (DBPR) - CORRECT ANSWER - Licensing and regulation of
the real estate profession
Can the DBPR issue an injunction? - CORRECT ANSWER - NO
What can the DBPR issue? - CORRECT ANSWER - Citation, a fine of 5000 per offense,
and a cease and desist
Examination Questions and answers are - CORRECT ANSWER - Confidential
Executive Power - CORRECT ANSWER - FREC (Florida Real Estate Commission) and
Promulgation of Publications
DBPR Authority - CORRECT ANSWER - Reprimand Lowest
5000 per offense
