Florida Real Estate U Final Exam
An appraisal can be completed by which
of the following?
A home inspector A licensed appraiser using USPAP stan-
A real estate broker dards
A licensed appraiser using USPAP stan-
dards
A mortgage loan originator
What is a BPO?
Broker Price Opinion
Broker Price Opinion
Best Practice Organization
Best Prospective Offer
Beyond Present Opportunities
Which of the following is incorrect?
Farming methods include Direct Mail and
Just Listed Post Cards.
Farming only involves raising crops, fish Farming only involves raising crops, fish
or animals. or animals.
Farming is a great way for a licensee to
introduce themselves.
Farming involves concentrating business
efforts in a particular geographical area.
Which of the following is NOT considered
a major real estate licensee sales spe-
cialty?
Cemetery Plots
Agricultural
Cemetery Plots
Commercial
Residential
What is a home built from blueprints sup-
plied by the buyer is called?
A custom home
An architectural original
A spec home
, Florida Real Estate U Final Exam
A tract home
A custom home
MLS is an acronym for which of the fol-
lowing?
Multiple Land Syndication Multiple Listing System
Major Lending Service
Multiple Lender Sources
Multiple Listing System
Why is there a high demand for property
managers in Florida?
Cruise ships Absentee owners
Absentee owners
Gated communities
High temperatures
An organization with at least one real es-
tate broker acting as the agent for others
in negotiating the sale or rental of real
property for a fee is known as a/an?
Real estate brokerage
Cooperative
Real estate brokerage
MLS
Management company
What is dedication?
Giving up private land for public use
Donating a building to a private school Giving up private land for public use
Putting other people's priorities above
your own
The motto of the health service
One qualified by education, training and
experience who is hired to estimate
the value of real and personal property
based on experience, judgment, facts,
and use of formal appraisal process is
, Florida Real Estate U Final Exam
known as a/an?
Sales Associate
Appraiser
Broker
Appraiser
Underwriter
Which Organization approves the Sales
Associate and Broker License Applica-
tions?
DBPR
Fannie Mae
NAR
DBPR
FREC
A Licensee from another State may be
able to get a FL license without under-
going pre-licensing education through
which of the following?
Mutual Recognition
Being a REALTOR®
Mutual Recognition
Buying a home in Florida
RESPA
When should Fingerprints be submitted?
Fingerprints are not required
As soon as an application has been sub-
Before enrolling in pre-licensing courses
mitted to DBPR
As soon as an application has been sub-
mitted to DBPR
After passing the State Exam
What is a newly licensed person working
for a broker known as?
A Sales Associate A Sales Associate
An Appraiser
A Home Inspector
An Unlicensed Assistant
, Florida Real Estate U Final Exam
Which of the following is correct?
The Post Licensing education require-
ment for a Sales Associate is 14 hours
The pre-licensing education requirement The pre-licensing education requirement
for a Sales Associate is 60 hours for a Broker is 72 hours
The pre-licensing education requirement
for a Broker is 72 hours
Brokers do not need to do any Post Li-
censing Education
Which of the following is regarded as
unlicensed activity?
Marketing to FSBO's
Attending another Sales Associate's
Giving an opinion on a Title
Open House
Showing property without having a
signed Buyer Representation Agree-
ment
Giving an opinion on a Title
What is the minimum education require-
ment for an applicant?
MBA High school diploma or equivalent
PHD
There is no minimum requirement
High school diploma or equivalent
What is the difference between a Broker
Associate and a Broker?
Broker Associate is studying real estate
A Broker Associate has passed the Bro-
under the guidance of the Broker
ker exam but chooses to work for a Bro-
Broker Associate has passed the Broker
ker
exam but chooses to work for a Broker
Broker Associate is the Broker's unli-
censed Assistant
There is no difference
An appraisal can be completed by which
of the following?
A home inspector A licensed appraiser using USPAP stan-
A real estate broker dards
A licensed appraiser using USPAP stan-
dards
A mortgage loan originator
What is a BPO?
Broker Price Opinion
Broker Price Opinion
Best Practice Organization
Best Prospective Offer
Beyond Present Opportunities
Which of the following is incorrect?
Farming methods include Direct Mail and
Just Listed Post Cards.
Farming only involves raising crops, fish Farming only involves raising crops, fish
or animals. or animals.
Farming is a great way for a licensee to
introduce themselves.
Farming involves concentrating business
efforts in a particular geographical area.
Which of the following is NOT considered
a major real estate licensee sales spe-
cialty?
Cemetery Plots
Agricultural
Cemetery Plots
Commercial
Residential
What is a home built from blueprints sup-
plied by the buyer is called?
A custom home
An architectural original
A spec home
, Florida Real Estate U Final Exam
A tract home
A custom home
MLS is an acronym for which of the fol-
lowing?
Multiple Land Syndication Multiple Listing System
Major Lending Service
Multiple Lender Sources
Multiple Listing System
Why is there a high demand for property
managers in Florida?
Cruise ships Absentee owners
Absentee owners
Gated communities
High temperatures
An organization with at least one real es-
tate broker acting as the agent for others
in negotiating the sale or rental of real
property for a fee is known as a/an?
Real estate brokerage
Cooperative
Real estate brokerage
MLS
Management company
What is dedication?
Giving up private land for public use
Donating a building to a private school Giving up private land for public use
Putting other people's priorities above
your own
The motto of the health service
One qualified by education, training and
experience who is hired to estimate
the value of real and personal property
based on experience, judgment, facts,
and use of formal appraisal process is
, Florida Real Estate U Final Exam
known as a/an?
Sales Associate
Appraiser
Broker
Appraiser
Underwriter
Which Organization approves the Sales
Associate and Broker License Applica-
tions?
DBPR
Fannie Mae
NAR
DBPR
FREC
A Licensee from another State may be
able to get a FL license without under-
going pre-licensing education through
which of the following?
Mutual Recognition
Being a REALTOR®
Mutual Recognition
Buying a home in Florida
RESPA
When should Fingerprints be submitted?
Fingerprints are not required
As soon as an application has been sub-
Before enrolling in pre-licensing courses
mitted to DBPR
As soon as an application has been sub-
mitted to DBPR
After passing the State Exam
What is a newly licensed person working
for a broker known as?
A Sales Associate A Sales Associate
An Appraiser
A Home Inspector
An Unlicensed Assistant
, Florida Real Estate U Final Exam
Which of the following is correct?
The Post Licensing education require-
ment for a Sales Associate is 14 hours
The pre-licensing education requirement The pre-licensing education requirement
for a Sales Associate is 60 hours for a Broker is 72 hours
The pre-licensing education requirement
for a Broker is 72 hours
Brokers do not need to do any Post Li-
censing Education
Which of the following is regarded as
unlicensed activity?
Marketing to FSBO's
Attending another Sales Associate's
Giving an opinion on a Title
Open House
Showing property without having a
signed Buyer Representation Agree-
ment
Giving an opinion on a Title
What is the minimum education require-
ment for an applicant?
MBA High school diploma or equivalent
PHD
There is no minimum requirement
High school diploma or equivalent
What is the difference between a Broker
Associate and a Broker?
Broker Associate is studying real estate
A Broker Associate has passed the Bro-
under the guidance of the Broker
ker exam but chooses to work for a Bro-
Broker Associate has passed the Broker
ker
exam but chooses to work for a Broker
Broker Associate is the Broker's unli-
censed Assistant
There is no difference
