GOLD COAST RE 1001 CRAM PRACTICE MATH
AND FINAL 2026 ACTUAL PAPER FULL
QUESTIONS AND ANSWERS 100 PERCENT
CORRECT
◉ misrepresentation. Answer: Whichterm refers to the
misstatement, omission or concealment of a factual matter?
◉ expect to receive a referral fee because he is recognized as a
broker in illinois. Answer: An illinoise corp is tranfer. to FL. The firm
got a broker to find homes for their employees. The attorney
representing the illimoise corp notifies the FL broker that in the
syaye of Illinois, an attorney is recognized as a real estate broker.
Therefore, the arrouey wanrs a referral fee. What should the illinois
attorney do?
◉ a joint venture. Answer: A licensed broker and one his employed
sales associates purchase a parcel of real estate together. What
relationship have they formed?
◉ apply for and obtain a new registration for the new branch and
pay the proper fee. Answer: When moving from one branch office to
another, what musr a broker do?
,◉ cannot have two registered emmployers. Answer: Broker and and
b are working exlusively for one developer on adjoinging projects.
They agree to gure a sales associate between them for a half a week
each. The sales associate:
◉ felony of the third degree. Answer: Unless exempt, performing a
srvice of real estate for someone else for compensation in FL
without an active license is considered to be which of the following
criminal violation
◉ the profits may be divided equally. Answer: Broker Davis, broker
ben and broker boone form a partnership. The partnerhip buys,
develops and sells land. Sales associate Jerry becomes an equal
partner in the firm. A sale is made, resulting in a 40,000 profit.
Which statement is correct?
◉ name of the brokerage firm. Answer: What must be included on a
real estate brokerage sign?
◉ that they all be licensed as active brokers. Answer: six brokers
wish to become partners in a real estate agnency and each be active
in real estate sales. What is required?
◉ refund 100 immediately. Answer: Rick sold janey a list of rentals
for 100 and she inspected all only to find they are all unavailible and
requests a refund, rick should
, ◉ illegal because is constitutes price fixing among the sales
associates. Answer: broker has opened office in town. Two sales
associates from full-time, full service offices agree not to show the
discount broker's listings. this practice is:
◉ copies of each sales associates licenses. Answer: all of the
following are required to be shown at a brokers office except?
◉ holding something for someone else in trust. Answer: What is the
best definition of escrow?
◉ 18. Answer: Unless there is a reasonable benefit for the borrower,
the Florida fair lending act prohibits a lender from refinancing the
same borrower within how many months?
◉ should have turned over the postdated checks to the broker the
next business day. Answer: Buyer smith gave a postdated check to
sales associate brown that the seller accepted. Smith told brown to
hold the check for two weeks until he could fly to new york and
transfer the funds from a savings account. On the date Brown
received the postdated check, the broker was out of town,but
returned the nest business day. Following the buyer's instructions,
Brown deposited the postdated check into the broker's escrow
account 2 weeks later. Sales associate Brown:
AND FINAL 2026 ACTUAL PAPER FULL
QUESTIONS AND ANSWERS 100 PERCENT
CORRECT
◉ misrepresentation. Answer: Whichterm refers to the
misstatement, omission or concealment of a factual matter?
◉ expect to receive a referral fee because he is recognized as a
broker in illinois. Answer: An illinoise corp is tranfer. to FL. The firm
got a broker to find homes for their employees. The attorney
representing the illimoise corp notifies the FL broker that in the
syaye of Illinois, an attorney is recognized as a real estate broker.
Therefore, the arrouey wanrs a referral fee. What should the illinois
attorney do?
◉ a joint venture. Answer: A licensed broker and one his employed
sales associates purchase a parcel of real estate together. What
relationship have they formed?
◉ apply for and obtain a new registration for the new branch and
pay the proper fee. Answer: When moving from one branch office to
another, what musr a broker do?
,◉ cannot have two registered emmployers. Answer: Broker and and
b are working exlusively for one developer on adjoinging projects.
They agree to gure a sales associate between them for a half a week
each. The sales associate:
◉ felony of the third degree. Answer: Unless exempt, performing a
srvice of real estate for someone else for compensation in FL
without an active license is considered to be which of the following
criminal violation
◉ the profits may be divided equally. Answer: Broker Davis, broker
ben and broker boone form a partnership. The partnerhip buys,
develops and sells land. Sales associate Jerry becomes an equal
partner in the firm. A sale is made, resulting in a 40,000 profit.
Which statement is correct?
◉ name of the brokerage firm. Answer: What must be included on a
real estate brokerage sign?
◉ that they all be licensed as active brokers. Answer: six brokers
wish to become partners in a real estate agnency and each be active
in real estate sales. What is required?
◉ refund 100 immediately. Answer: Rick sold janey a list of rentals
for 100 and she inspected all only to find they are all unavailible and
requests a refund, rick should
, ◉ illegal because is constitutes price fixing among the sales
associates. Answer: broker has opened office in town. Two sales
associates from full-time, full service offices agree not to show the
discount broker's listings. this practice is:
◉ copies of each sales associates licenses. Answer: all of the
following are required to be shown at a brokers office except?
◉ holding something for someone else in trust. Answer: What is the
best definition of escrow?
◉ 18. Answer: Unless there is a reasonable benefit for the borrower,
the Florida fair lending act prohibits a lender from refinancing the
same borrower within how many months?
◉ should have turned over the postdated checks to the broker the
next business day. Answer: Buyer smith gave a postdated check to
sales associate brown that the seller accepted. Smith told brown to
hold the check for two weeks until he could fly to new york and
transfer the funds from a savings account. On the date Brown
received the postdated check, the broker was out of town,but
returned the nest business day. Following the buyer's instructions,
Brown deposited the postdated check into the broker's escrow
account 2 weeks later. Sales associate Brown:
