Real
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Estate
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STATE
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exam questions with correct answers
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The /
best
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protection
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that the public has during a Real Estate transaction is (are)
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A. The national and state association of REALTORS
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B. The punishment of licensees dealing dishonesty
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C. the high ethical standards of real estate agents
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D. /
FREC
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and
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the
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license
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,/ law - // /
/ CORRECT ANSWERS(S)✔✔D. FREC and the license law // // // // // //
A group license
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A. allows a broker to have a branch office
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B. allows a sales associate to work for more than one broker
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C. may be held by a sale associate or broker associate
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D.allows //
a /
broker
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to
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qualify
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more
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than
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one
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broker
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firm -
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CORRECT
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ANSWERS(S)✔✔C.
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may be held by a sale associate or broker
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,The following are exempt from F.S. 475 EXCEPT
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A. Trustees for an estate
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B. Personal representatives for an estate
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C. Mortgage brokers engaged in financing activities.
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D. /
Business
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Brokers - CORRECT ANSWERS(S)✔✔D. Business Brokers
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General /
Partners
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in
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a /
brokerage
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partnership
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that
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are
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not
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qualified
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to
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perform
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the
/ /
services
/ /
, / of
/
/ real /
/ estate /
/ must /
/ be /
/ registered /
/ as
/
/ for /
/ what? - // /
/ CORRECT ANSWERS(S)✔✔For Identification Purposes // // //
Which /
brokerage
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disclosure
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notice
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must
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be
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signed
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or
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initialed
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by
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the
/ /
buyer
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or
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