GOLD COAST 45 HOUR EXAM VERSION H
2026 COMPREHENSIVE EXAM SET WITH FULL
ANSWER KEY
⩥A residential transaction os defined in F.S. 475 as the sale of any: - -
Duplex
- improved residential property of four units or fewer, including
condominium units
-unimproved property intended for four units or fewer
- agricultural properties of ten acres or less
- leases with options to purchase all or a portion of improved property of
four or fewer residential units
- dispositions of business interests for property of four or fewer
residential units
⩥absentee owners - owners who buy income property as investments
and depend on professionals to manage them
⩥All appraisals, whether performed by a licensed appraiser or a real
estate licensee, must be developed and reported in conformity with the -
Uniform Standards of Professional Appraisal Practice (USPAP)
,⩥The largest and most prestigious real estate organization in the world is
________. They work for legislation enforce professional standards of
conduct through its ________. - 1. The National Association of Realtors
(NAR)
2. Code of Ethics
⩥The largest trade association in the state is _________ - The Florida
Association of Realtors (FAR)
⩥The duties required by the Code of Ethics are: - 1. Duties to clients and
customers
2. Duties to the public in general
3. Duties to other real estate licensees
⩥Required Skills for the Real estate professional are: - 1. Valuation -
Must be able to discern important differences between properties and
know ho to translate those differences into value. Must be able to
conduct a CMA.
2. Marketing - must have an understanding of the tools and technologies
available to market a property.
3. Property Transfer - understand how to close a transaction
⩥Mission Statement - description of a desired outcome that excites,
motivates, and helps you to create a mental picture of your business
goal.
, ⩥Industrial Sales or Leasing - include warehouses and manufacturing
facilities. Industrial sales and leasing generally involve user/owners,
rather than investors.
⩥The law that specifically regulates real estate licensees, schools, and
appraisers is _________ - F.S. 475
⩥The Range Of Penalties for disobeying FS 475 or 455 from lowest to
highest is: - Reprimand, fine, probation, suspension, and revocation or
denial.
⩥Which is the maximum penalty for disobeying laws under FS 455 or
FS 475 - Revocation or denial of license
⩥If the licensee does not complete the 45 hour course before the
expiration date of their first renewal, the license becomes ____ - void
and the licensee will be out of business. (have to start over everything)
⩥When a sales associate changes employers, they must notify the
Commission of the change no later than ________ days after the change
by using the form provided by the commission. - 10
⩥Advertisements may not be - fraudulent, false, deceptive, or
misleading.
2026 COMPREHENSIVE EXAM SET WITH FULL
ANSWER KEY
⩥A residential transaction os defined in F.S. 475 as the sale of any: - -
Duplex
- improved residential property of four units or fewer, including
condominium units
-unimproved property intended for four units or fewer
- agricultural properties of ten acres or less
- leases with options to purchase all or a portion of improved property of
four or fewer residential units
- dispositions of business interests for property of four or fewer
residential units
⩥absentee owners - owners who buy income property as investments
and depend on professionals to manage them
⩥All appraisals, whether performed by a licensed appraiser or a real
estate licensee, must be developed and reported in conformity with the -
Uniform Standards of Professional Appraisal Practice (USPAP)
,⩥The largest and most prestigious real estate organization in the world is
________. They work for legislation enforce professional standards of
conduct through its ________. - 1. The National Association of Realtors
(NAR)
2. Code of Ethics
⩥The largest trade association in the state is _________ - The Florida
Association of Realtors (FAR)
⩥The duties required by the Code of Ethics are: - 1. Duties to clients and
customers
2. Duties to the public in general
3. Duties to other real estate licensees
⩥Required Skills for the Real estate professional are: - 1. Valuation -
Must be able to discern important differences between properties and
know ho to translate those differences into value. Must be able to
conduct a CMA.
2. Marketing - must have an understanding of the tools and technologies
available to market a property.
3. Property Transfer - understand how to close a transaction
⩥Mission Statement - description of a desired outcome that excites,
motivates, and helps you to create a mental picture of your business
goal.
, ⩥Industrial Sales or Leasing - include warehouses and manufacturing
facilities. Industrial sales and leasing generally involve user/owners,
rather than investors.
⩥The law that specifically regulates real estate licensees, schools, and
appraisers is _________ - F.S. 475
⩥The Range Of Penalties for disobeying FS 475 or 455 from lowest to
highest is: - Reprimand, fine, probation, suspension, and revocation or
denial.
⩥Which is the maximum penalty for disobeying laws under FS 455 or
FS 475 - Revocation or denial of license
⩥If the licensee does not complete the 45 hour course before the
expiration date of their first renewal, the license becomes ____ - void
and the licensee will be out of business. (have to start over everything)
⩥When a sales associate changes employers, they must notify the
Commission of the change no later than ________ days after the change
by using the form provided by the commission. - 10
⩥Advertisements may not be - fraudulent, false, deceptive, or
misleading.
