45-Hour Post License Florida – Q-Bank with Expert-Verified Actual Questions & Answers | Guaranteed Pass, Newest Update

45-Hour Post License Florida – Q-
Bank with Expert-Verified Actual
Questions & Answers | Guaranteed
Pass, Newest Update

Question 1
What is the primary purpose of the 45-hour post-license education for Florida sales associates?
Answer: Satisfy first-time license renewal requirements
Rationale: The 45-hour course is mandatory before the first license renewal to enhance
professional skills and ensure compliance with Florida law.



Question 2
When must the 45-hour post-license education be completed?
Answer: Before the first license renewal date
Rationale: The course must be completed within 18-24 months of licensure, by March 31 or
September 30, depending on issuance date.



Question 3
What happens if a sales associate fails to complete the 45-hour post-license course before their
license expires?
Answer: License becomes null and void
Rationale: Failure to complete the course results in a void license, requiring the 63-hour pre-
license course and state exam to be retaken.



Question 4
How many hours of post-license education are required for a Florida broker?
Answer: 60
Rationale: Brokers must complete 60 hours of post-license education before their first renewal.

,Question 5
What is the passing score for the 45-hour post-license course final exam?
Answer: 75%
Rationale: A score of 75% or higher is required to pass the 100-question, 3-hour final exam.



Question 6
Can a sales associate take the 45-hour post-license course before obtaining their license?
Answer: No
Rationale: The 63-hour pre-license course and state exam must be completed first.



Question 7
What is the cost to renew a Florida sales associate license?
Answer: $64
Rationale: The renewal fee for sales associates is $64, payable on the DBPR website.



Question 8
How often does Larson Educational Services report course completion to the DBPR?
Answer: Monday, Wednesday, Friday
Rationale: Larson reports completions electronically on these days, within 30 days of course
completion.



Question 9
What is a residential transaction under F.S. 475?
Answer: Sale of a duplex
Rationale: Residential transactions include properties with four or fewer units, such as duplexes.



Question 10
What is an open listing?
Answer: Owner pays commission to any broker who finds a buyer
Rationale: An open listing allows multiple brokers to market the property, with commission
paid to the one who secures a buyer.



Question 11
What type of contract is an open listing?

, Answer: Unilateral
Rationale: An open listing is one-sided, as the owner is obligated only if a broker delivers a
buyer.



Question 12
In an exclusive agency listing, who can sell the property without owing a commission?
Answer: The owner
Rationale: The owner reserves the right to sell independently without paying the broker.



Question 13
What is a key component of a business plan for a real estate professional?
Answer: Goal setting
Rationale: A business plan includes goals to guide marketing, sales, and growth strategies.



Question 14
What is a CMA (Comparative Market Analysis)?
Answer: Estimate of property value based on comparable sales
Rationale: CMAs use recent sales of similar properties to determine market value.



Question 15
What is the purpose of a net sheet?
Answer: Show seller’s proceeds after expenses
Rationale: A net sheet details costs like commissions and taxes to estimate seller profit.



Question 16
What is a common marketing tool for real estate?
Answer: Multiple Listing Service (MLS)
Rationale: MLS increases property exposure by sharing listings with other brokers.



Question 17
What is a key skill for real estate professionals?
Answer: Valuation
Rationale: Professionals must assess property differences to determine value accurately.