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2026 FLORIDA REAL ESTATE COMPREHENSIVE NEW QUESTIONS AND ANSWERS SURE A.pdf

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2026 FLORIDA REAL ESTATE COMPREHENSIVE NEW QUESTIONS AND ANSWERS SURE A.pdf

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2026 FLORIDA REAL ESTATE COMPREHENSIVE
NEW QUESTIONS AND ANSWERS SURE A+
✔✔Counseling - ✔✔The Service provided by real estate brokers that is considered to
require the most experience and knowledge is?

✔✔No. The appraisal of residential property - ✔✔Can appraisers registed, licensed or
certified under F.S 475 part 2 be used on ALL appraisals?

✔✔Speculative - ✔✔A Contractor who builds on his or her own lot in the hope of finding
a purchaser upon completion is building on ________.

✔✔A. Agent - ✔✔A broker who is working for an employer is said to be the _________.
A. Agent
B. Broker Associate
C. Principle
D. Customer

✔✔C. Customer or Principle - ✔✔When working with a member of the public, the party
the broker hopes to be successful with is refered to as the _______?
A. Client
B. Employer
C. Customer or Principle

,D. Employer or Customer

✔✔FALSE. - ✔✔Most Real Estate Licensees are involved in Commercial Real Estate.
TRUE or FALSE

✔✔Comparative Market Analysis.
An estimate of the value of property by a real estate licensee based on the sale of
similar propertys in the area. - ✔✔What does CMA stand for? and what does it mean?

✔✔Department of Financial Services - ✔✔Who are Mortgage Brokers Licensed by?

✔✔Estimate of Value. - ✔✔What is an Appraisal?

✔✔Ballance Sheets, and Financial Statements. - ✔✔Valuing a business requires an
analysis of ________ _________ and _________ _________.

✔✔Valuation, Marketing, and Property Transfer. - ✔✔The THREE areas of expertise
real estate licensees bring to the transaction are _______, _______ and _______
________.

✔✔Going Concern. - ✔✔The composite value of real and personal property, plus the
intangible assets of a business, is called _______ ________ value.

✔✔Part One - ✔✔What part of F.S 475 covers regulation and licensing of real estate
practitioners?

✔✔Part Two - ✔✔What part covers the registration, licensing and certification of
appraisers in Florida?

✔✔Void. - ✔✔A Sales Associates license will be _______ if he or she does not
complete required post license education during his or her initial license period.

✔✔Sales Associate, 6 Months - ✔✔A Broker that did not complete required postlicense
education prior to expiration of his or her initial license period may request a _______
_______ license by completing a continuing education course within ___ _______.

✔✔Sale Associates. - ✔✔A Broker Associates Responsibilities are Similar to a
______________.

✔✔4 Months - ✔✔Residency in Florida may be claimed by anyone that is or has resided
in the state for not less then __ _____ with in the previous 12 months.

✔✔1923 - ✔✔The first real estate license law in Florida was enacted in ________.

, ✔✔False, 1923. - ✔✔The First real estate license law in FLORIDA was enacted in
1918. TRUE or FALSE.

✔✔Active - ✔✔Upon passage of the state examination, an applicant for a sales
associates license will receive an _______ license when employed by a broker.

✔✔Active - ✔✔Upon passage of the state examination, an applicant for a sales
associates license will receive an _______ license when employed by a Owner
Employer.

✔✔Inactive. - ✔✔Upon passage of the state examination, an applicant for a sales
associates license will receive an _______ license.

✔✔Other States that have similar educational requirements as Florida. - ✔✔What is
Mutual Recognition?

✔✔45 Hours - ✔✔How long is the Post License Educational Requirements for Sales
Associates?

✔✔14 Hours - ✔✔How long is the Continuing Educational Requirements for Sales
Associates?

✔✔2 - ✔✔The Notice of Satisfactory Completion of a pre license course is valid for
_______ years.

✔✔Registered, License. - ✔✔Owner employers are __________ but do not receive a
________.

✔✔50.00 - ✔✔A Tenant in an apartment complex may receive up to _______ for
referral of a new tenant for the same complex.

✔✔Post License - ✔✔_________ __________ Education must be completed during the
initial sales associates license period.

✔✔Power of Attourney - ✔✔Legal Authority to sign a document on behalf of another
requires a _______ ___ ________.

✔✔B. 1925 - ✔✔The Florida Real Estate commission was first created in what year?
A. 1932
B. 1925
C. 1923
D. 1919

✔✔A. To protect the public - ✔✔The real estate license law serves what purpose?

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