Sec on 1 Florida With complete solu on RATED A+
2025/2026 NEW!! NEW EDITION
State-cer fied, licensed and registered appraisers are regulated by which of the following? -
Ans - The Florida Real Estate Appraisal Board
[Sec on 1B, Slide 33]
How does the state government affect real estate? - Ans - Document stamps, taxes, protected
areas, and license law.
[Sec on 1C, Slide 52]
Nick Slick is a property manager for Tony Tiger. What is Nick's main objec ve as a property
manager? - Ans - Protect and maintain Tony Tiger's property while maximizing Tony Tiger's
return on the investment.
[Sec on 1B, Slide 16]
Which real estate specialty handles proper es designed for retail loca ons, restaurants, and
professional offices? - Ans Commercial
(Sec on 1 A Slide 91 &92)
, Ray owns a piece of real estate in Florida, but he lives in South Carolina with his family. He has
hired a property manager, Jess, to manage the property for him. Ray would be considered what
kind of owner? - Ans Absentee
(sec 1 -slide 7)
Which one of the following tles are most appropriate for a real estate licensee who is also a
part of the Na onal Associa on of Realtors? - Ans Realtor®
[Sec on 1C, Slide 70-77]
Real Estate Licensee Lucy decided to target a specific area near her own home and began
making consistent marke ng touches to cul vate buyers and sellers. What is this process known
as? - Ans Farming
[Sec on 1A, Slide 67]
James owns a 9-acre pumpkin patch that he cul vates with his family each year in the fall.
What type of real estate would James own in this scenario? - Ans Residen al
[Sec on 1A, Slide 81]
Mick visited a neighborhood that was being developed by Fred Flintstone. Developer Fred
showed Mick several model homes he had built. Mick picked out one that that he liked best to
have built for himself. What is this type of construc on called? - Ans Tract
[Sec on 1C, Slide 30]