BOB HOGUE UNIT 2 PRACTICE QUESTIONS AND ANSWERS

BOB HOGUE UNIT 2 PRACTICE
QUESTIONS AND ANSWERS



1. Chapter ______________ is a set of administrative rules developed by the Florida
Real Estate Commission. - Correct Answers -1. 61J2

2. Chapter ______________ of the Florida statutes establishes the structure of the
executive branch of Florida's government. - Correct Answers -2. 20

3. A licensed real estate broker who chooses to register under an employing broker is
referred to as a ______________ _______________. - Correct Answers -3. broker
associate

4. Unlicensed sales staff employed by an owner-developer must be paid a
__________________ and not ____________________ or other forms of
compensation based on actual sales. - Correct Answers -4. salary,
commission

5. Which fees are charged to a veteran applicant who applies for a real estate license
within 60 months after honorable discharge? Choose all that apply.
a. Application fee
b. Initial licensing fee
c. License exam fee
d. Fingerprint processing fee
e. Unlicensed activity fee (if applicable)
f. Real Estate Recovery Fund fee (if applicable) - Correct Answers -c. License exam fee
d. Fingerprint processing fee
f. Real Estate Recovery Fund fee (if applicable)

6. The time period for the DBPR to check for errors and omissions is ______________
days - Correct Answers -6. 30

7. The time period for the DBPR to inform the applicant of approval or denial of the
license application is ______________ days. - Correct Answers -7. 90
19. Sales associates must successfully complete ______________ hours of post-
licensing education before the first renewal of their licenses. - Correct Answers -19. 45