Florida Real Estate Pre-Licensing Exam | with complete solution

Florida Real Estate Pre-Licensing Exam | with complete solution There is a presumption in FL law that business have some sort of real property attached either land or physical improvements for this reason in FL for this reason a ____ is required. - a real estate license is required Which of the following evaluations needs a services or certified appraiser? - Appraisal from a federal loan To reduce potential liability real estate professional should avoid giving information about - income tax implication - we are not licensed CPAs!! What's true regarding property managers? - if a property manager is paid a commission for renting they must be licensed Which law gives you the license to regulate under all professions under the DBPR? - Chapter 455, Florida Statute What is Nolo Contendere? - Is a plea of no contest entered in a criminal court of law. The defendant does not admit or deny the charges, though a fine or a sentence may be imposed by the court. Fingerprints are used to see - Child support allegations RE License is active for - 2 years and then must be renewed What information is not required to be disclosed on a license application? - a personal bankruptcy Which individual is exempt from getting a real estate license? - owner of a timeshare