FLORIDA RECIPROCAL LICENSE LATEST EXAM QUESTIONS AND
CORRECT ANSWERS GRADED A+/ NUR 100 LATEST EXAM
Payments from the recovery fund for claims against one licensee are limited in total
Ans: 150K
Quiz Seller has informed Broker that she would prefer that the property not be shown to people of a
certain race. Broker should:
Ans: Cancel the listing
Quiz Under what condition may a real estate licensee who is NOT a certified appraiser charge a fee for
completing an appraisal?
Ans: It complies with USPAP
Quiz "A sales associate applicant who successfully passes the state exam may legally begin to
""operate"" as a licensee when:"
Ans: a broker agrees to hold the license and it's registered with DBPR
, Quiz If the post-licensing requirement is not fulfilled before the first renewal and there is a desire to
continue in the real estate business the licensee
Ans: must re-qualify for license
Quiz Sales associate has been licensed for 2 full license periods. Sales associates license was recently
renewed. Which is true?
Ans: He has completed his 14 hrs of CE since last renewal
Quiz Broker executes a purchase and sale contract and at settlement Broker and Seller have a dispute
over the commission. Broker must:
Ans: distribute funds but withhold commission disputed
Quiz Findings conclusions and recommended penalty are submitted to the DBPR in a recommendation
submitted by:
Ans: an administrative law judge
Quiz Notice of non-compliance
Ans: First response in to a minor violation by agent
Quiz Larceny
Ans: Sales associate takes original contracts and pending transactions when leaving a brokerage
CORRECT ANSWERS GRADED A+/ NUR 100 LATEST EXAM
Payments from the recovery fund for claims against one licensee are limited in total
Ans: 150K
Quiz Seller has informed Broker that she would prefer that the property not be shown to people of a
certain race. Broker should:
Ans: Cancel the listing
Quiz Under what condition may a real estate licensee who is NOT a certified appraiser charge a fee for
completing an appraisal?
Ans: It complies with USPAP
Quiz "A sales associate applicant who successfully passes the state exam may legally begin to
""operate"" as a licensee when:"
Ans: a broker agrees to hold the license and it's registered with DBPR
, Quiz If the post-licensing requirement is not fulfilled before the first renewal and there is a desire to
continue in the real estate business the licensee
Ans: must re-qualify for license
Quiz Sales associate has been licensed for 2 full license periods. Sales associates license was recently
renewed. Which is true?
Ans: He has completed his 14 hrs of CE since last renewal
Quiz Broker executes a purchase and sale contract and at settlement Broker and Seller have a dispute
over the commission. Broker must:
Ans: distribute funds but withhold commission disputed
Quiz Findings conclusions and recommended penalty are submitted to the DBPR in a recommendation
submitted by:
Ans: an administrative law judge
Quiz Notice of non-compliance
Ans: First response in to a minor violation by agent
Quiz Larceny
Ans: Sales associate takes original contracts and pending transactions when leaving a brokerage
