GOLD COAST REAL ESTATE EXAM
Questions and Answers
1.When a dev. Acquired land, records a plat map and uses a
model center from which sales may be made
Answer Tract building
2.Planning, zoning, property taxation, building and health
codes and regulations, and building moratoriums that affect
development play a significant role in the cost and desirability
of real estate
Answer Local level
3.A licensed broker working for another broker
Answer Broker associate
4.A florida real estate license applicant must be a resident and
citizen (true or false)
Answer False
5.You have 21 days to send a formal letter to the department
for a hearing if
Answer Application Denial
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25
,6.How many brokers can a sales or broker associate work for
Answer One
7.No grace period
Answer Post license requirements
8.No grace period
Answer Sales associate first renewal
9.Attorney in fact/ Attorney at Law
Answer Exempt from licensure
10.My perform legal services on behalf of-their clients; they
may prepare documents, handle closings, and give legal
advice.
Answer Attorneys at law
11.An individual who does not request renewal of their second
or subsequent lecense, pay the required fees, or maintain their
continuing education require- ments will have their license
placed in
Answer Involuntary inactive
12.A license may remain in involuntary inactive status for no
longer than
2/
25
, Answer 2 years
13.A special agent is authorized under agency law by the
employer to perform a single act. The employment contract
between the employer and agent estab- lishes the limit of
authority granted
Answer Special Agent
14.A broker has a buty to transmit any and all offers to the
employer including oral offers or offers made without a binder
deposit
Answer Presenting offers
15.A transaction broker provides what kind of representation
Answer Limited
16.this agency relationship is created when a broker accepts
employment under a single agency agreement. A broker may
represent a seller or buyer
, or a landlord or tenant.
Answer Single agent
17.In a single agency relationship, the employer becomes the
Answer Principal
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25
Questions and Answers
1.When a dev. Acquired land, records a plat map and uses a
model center from which sales may be made
Answer Tract building
2.Planning, zoning, property taxation, building and health
codes and regulations, and building moratoriums that affect
development play a significant role in the cost and desirability
of real estate
Answer Local level
3.A licensed broker working for another broker
Answer Broker associate
4.A florida real estate license applicant must be a resident and
citizen (true or false)
Answer False
5.You have 21 days to send a formal letter to the department
for a hearing if
Answer Application Denial
1/
25
,6.How many brokers can a sales or broker associate work for
Answer One
7.No grace period
Answer Post license requirements
8.No grace period
Answer Sales associate first renewal
9.Attorney in fact/ Attorney at Law
Answer Exempt from licensure
10.My perform legal services on behalf of-their clients; they
may prepare documents, handle closings, and give legal
advice.
Answer Attorneys at law
11.An individual who does not request renewal of their second
or subsequent lecense, pay the required fees, or maintain their
continuing education require- ments will have their license
placed in
Answer Involuntary inactive
12.A license may remain in involuntary inactive status for no
longer than
2/
25
, Answer 2 years
13.A special agent is authorized under agency law by the
employer to perform a single act. The employment contract
between the employer and agent estab- lishes the limit of
authority granted
Answer Special Agent
14.A broker has a buty to transmit any and all offers to the
employer including oral offers or offers made without a binder
deposit
Answer Presenting offers
15.A transaction broker provides what kind of representation
Answer Limited
16.this agency relationship is created when a broker accepts
employment under a single agency agreement. A broker may
represent a seller or buyer
, or a landlord or tenant.
Answer Single agent
17.In a single agency relationship, the employer becomes the
Answer Principal
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25
