REAL ESTATE LICENSING
ms ms
Exam Solution ms
FL Real Estate Exam 2026 A+ GRADE ASSURED COMPL
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ETE SOLUTIONS AND VERIFIED ANSWERS (B11CD)
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QUESTION 1 ms
Which statement is true regarding the use of the term REALTOR? All real estate licens
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ees are REALTORS All REALTORS are members of the National Association of REALTO
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RS (NAR) The terms real estate licensee and REALTOR may be used interchangeably T
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he Florida DBPR authorizes the use of the term REALTOR
ms ms ms ms ms ms ms ms ms
ANSWER
All REALTORS are members of the National Association of REALTORS (NAR)
ms ms ms ms ms ms ms ms ms ms
QUESTION 2 ms
The term follow up refers to...?
ms ms ms ms ms
ANSWER
what a sales associate does for buyers and sellers after the sale
ms ms ms ms ms ms ms ms ms ms ms
QUESTION 3 ms
Even though certain exceptions apply, an active real estate licensee is legally entitled t
ms ms ms ms ms ms ms ms ms ms ms ms ms
o appraise real property for compensation concerning a nonfederally related transacti
ms ms ms ms ms ms ms ms ms ms
on
ANSWER
As long as she does not represent herself as a state-
ms ms ms ms ms ms ms ms ms ms
certified or licensed appraiser and complies with USPAP
ms ms ms ms ms ms ms
QUESTION 4 ms
The field of property management has experienced growth and specialization primaril
ms ms ms ms ms ms ms ms ms ms
y because of...?
ms ms
,ANSWER
the increase in the number of absentee owners
ms ms ms ms ms ms ms
QUESTION 5 ms
Real estate licensees must comply with the Uniform Standards of Professional Apprais
ms ms ms ms ms ms ms ms ms ms ms
al Practice (USPAP) when conducting which value estimates?
ms ms ms ms ms ms ms
ANSWER
Appraisals
QUESTION 6 ms
Appraisers are paid a fee because ms ms ms ms ms
ANSWER
to accept compensation based on the appraised value is a conflict of interest
ms ms ms ms ms ms ms ms ms ms ms ms
QUESTION 7 ms
The five major sales specialties do NOT include agricultural special use commercial bu
ms ms ms ms ms ms ms ms ms ms ms ms
sinesses
ANSWER
Special use ms
QUESTION 8 ms
The real estate activity that is devoted to leasing, managing, marketing, and overall m
ms ms ms ms ms ms ms ms ms ms ms ms ms
aintenance of property for others is called
ms ms ms ms ms ms
ANSWER
Property management ms
QUESTION 9 ms
Which kind of construction involves building to buyer's specifications?
ms ms ms ms ms ms ms ms
ANSWER
Custom homes ms
, QUESTION 10 ms
The term dedication as it applies to development and construction refers to...?
ms ms ms ms ms ms ms ms ms ms ms
ANSWER
A gift of land by the owner to the local government for public use
ms ms ms ms ms ms ms ms ms ms ms ms ms
QUESTION 11 ms
What type of license is required to sell or lease business opportunities for another pe
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
rson?
ANSWER
Real estate license
ms ms
QUESTION 12 ms
Selecting a limited geographical area in which a real estate professional develops spec
ms ms ms ms ms ms ms ms ms ms ms ms
ial expertise is
ms ms
ANSWER
Farming
QUESTION 13 ms
Managing which type of property of more than 10 units requires a CAM license?
ms ms ms ms ms ms ms ms ms ms ms ms ms
ANSWER
Condominium complex ms
QUESTION 14 ms
Effective advertising involving developing a database of prospects to direct a specific
ms ms ms ms ms ms ms ms ms ms ms ms
message is called ms ms
ANSWER
Target marketing ms
QUESTION 15 ms
A broker charges a prospective seller $50 for a comparative market analysis (CMA) .
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
Which statement applies? Brokers are not permitted to charge for CMAs This is permi
ms ms ms ms ms ms ms ms ms ms ms ms ms
ssible, provided the broker does not represent the CMA as an appraisal The broker m
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
ms ms
Exam Solution ms
FL Real Estate Exam 2026 A+ GRADE ASSURED COMPL
ms ms ms ms ms ms ms ms
ETE SOLUTIONS AND VERIFIED ANSWERS (B11CD)
ms ms ms ms ms
QUESTION 1 ms
Which statement is true regarding the use of the term REALTOR? All real estate licens
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
ees are REALTORS All REALTORS are members of the National Association of REALTO
ms ms ms ms ms ms ms ms ms ms ms ms
RS (NAR) The terms real estate licensee and REALTOR may be used interchangeably T
ms ms ms ms ms ms ms ms ms ms ms ms ms
he Florida DBPR authorizes the use of the term REALTOR
ms ms ms ms ms ms ms ms ms
ANSWER
All REALTORS are members of the National Association of REALTORS (NAR)
ms ms ms ms ms ms ms ms ms ms
QUESTION 2 ms
The term follow up refers to...?
ms ms ms ms ms
ANSWER
what a sales associate does for buyers and sellers after the sale
ms ms ms ms ms ms ms ms ms ms ms
QUESTION 3 ms
Even though certain exceptions apply, an active real estate licensee is legally entitled t
ms ms ms ms ms ms ms ms ms ms ms ms ms
o appraise real property for compensation concerning a nonfederally related transacti
ms ms ms ms ms ms ms ms ms ms
on
ANSWER
As long as she does not represent herself as a state-
ms ms ms ms ms ms ms ms ms ms
certified or licensed appraiser and complies with USPAP
ms ms ms ms ms ms ms
QUESTION 4 ms
The field of property management has experienced growth and specialization primaril
ms ms ms ms ms ms ms ms ms ms
y because of...?
ms ms
,ANSWER
the increase in the number of absentee owners
ms ms ms ms ms ms ms
QUESTION 5 ms
Real estate licensees must comply with the Uniform Standards of Professional Apprais
ms ms ms ms ms ms ms ms ms ms ms
al Practice (USPAP) when conducting which value estimates?
ms ms ms ms ms ms ms
ANSWER
Appraisals
QUESTION 6 ms
Appraisers are paid a fee because ms ms ms ms ms
ANSWER
to accept compensation based on the appraised value is a conflict of interest
ms ms ms ms ms ms ms ms ms ms ms ms
QUESTION 7 ms
The five major sales specialties do NOT include agricultural special use commercial bu
ms ms ms ms ms ms ms ms ms ms ms ms
sinesses
ANSWER
Special use ms
QUESTION 8 ms
The real estate activity that is devoted to leasing, managing, marketing, and overall m
ms ms ms ms ms ms ms ms ms ms ms ms ms
aintenance of property for others is called
ms ms ms ms ms ms
ANSWER
Property management ms
QUESTION 9 ms
Which kind of construction involves building to buyer's specifications?
ms ms ms ms ms ms ms ms
ANSWER
Custom homes ms
, QUESTION 10 ms
The term dedication as it applies to development and construction refers to...?
ms ms ms ms ms ms ms ms ms ms ms
ANSWER
A gift of land by the owner to the local government for public use
ms ms ms ms ms ms ms ms ms ms ms ms ms
QUESTION 11 ms
What type of license is required to sell or lease business opportunities for another pe
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
rson?
ANSWER
Real estate license
ms ms
QUESTION 12 ms
Selecting a limited geographical area in which a real estate professional develops spec
ms ms ms ms ms ms ms ms ms ms ms ms
ial expertise is
ms ms
ANSWER
Farming
QUESTION 13 ms
Managing which type of property of more than 10 units requires a CAM license?
ms ms ms ms ms ms ms ms ms ms ms ms ms
ANSWER
Condominium complex ms
QUESTION 14 ms
Effective advertising involving developing a database of prospects to direct a specific
ms ms ms ms ms ms ms ms ms ms ms ms
message is called ms ms
ANSWER
Target marketing ms
QUESTION 15 ms
A broker charges a prospective seller $50 for a comparative market analysis (CMA) .
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
Which statement applies? Brokers are not permitted to charge for CMAs This is permi
ms ms ms ms ms ms ms ms ms ms ms ms ms
ssible, provided the broker does not represent the CMA as an appraisal The broker m
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
