EOC practice test / Verified Questions and Answers
QUIZ :1. An appraiser calculates his fee based upon a percentage of the subject
property's market value this is? - ANSWER :Unethical and a violation of the
Uniform standards of Professional Appraisal Practice (USPAP) ethics
provision.pg6
QUIZ :2. A contractor builds homes on several vacant lots in an establishment
subdivision of 12- to 20 year-old homes. The Contractor advertises the homes
for sale to prospective buyers. hat type of residential construction is this? -
ANSWER :Speculative Homes(Spec)
QUIZ :3. when completing a license application , the application must provide
details in the background information section of the application regarding
criminal convictions. which statement is TRUE regarding completing this
section? - ANSWER :Applicants should attach details of cases, even if
adjudication was withheld. (pg21)
QUIZ :4. The Florida Real Estate commission requires all licensees to
successfully complete which education requirement prior to the expiration of
their initial sales associate license? - ANSWER :Post-Licensing education
Course (pg 51)
QUIZ :5.What is the legal term for a type of evidence that, unless refuted by
evidence to the contrary, will prove a case? - ANSWER :Prima Facie Evidence
(pg33)
QUIZ :A real estate agent has been licensed in Texas for one year. The Licensee
worked for a Texas broker but recently moved to Florida. The agent wants to
open his own brokerage in Florida, so he recently completed the Florida broker
pre license course. Is the Texas licensee eligible to take the Florida broker
license exam? - ANSWER :No, the Texas licensee must earn at least 13 months
additional real estate experience before he qualifies to take the Florida broker
license exam.pg31
QUIZ :7.Which individual is exempt from licensure under Florida Statute 475? -
ANSWER :An attorney-at-law who is paid a commission for performing services
of real estate pg 35
, QUIZ :8. A sales associate has been licensed since 2010. The License became
involuntary inactive 18 months ago. what must the sales associate do to renew
her real estate license? - ANSWER :The license is null and void so she must
retake the 63-hour sales associate course
QUIZ :9. A Licensee is a broker for several real estate companies. In this
situation, the licensee should request that the DBPR issue - ANSWER :Multiple
Licenses pg57
QUIZ :10.The Florida Real Estate Commissions authority to regulate and
enforce real estate license la is an exercise of which type of power -
ANSWER :Executive power pg49
QUIZ :11. Which statement is TRUE regarding voluntary relinquishment of real
estate license? - ANSWER :Voluntary relinquishment of a license does not
involve disciplinary action pg 53
QUIZ :12. A sales associate listed a condo for $205,000. A sales associate from
competing office called the listing associate to inform him of a verbal offer of
$190,000 on the property . The listing associate did not present the verbal
offer. which statement applies to this situation? - ANSWER :
QUIZ :The brokerage relationship disclosure requirements in Chapter 475
apply to which transaction? - ANSWER :Sale of three vacant lots zoned for
single-family use pg
QUIZ :14. A first time home buyer responds to a for sale by owner yard sign
and ask through a home for sale. The buyer is not sure what recent prices
homes in the neighborhood have been commanding or what is a reasonable
offering price. this situation is best described as - ANSWER :Caveat emptor
pg67
QUIZ :Which statement applies only to the transaction broker relationship? -
ANSWER :The customer is not responsible for the acts of the license pg74
QUIZ :A sales associate received an earnest many deposit at 9;00 am on
Saturday . The sales associate is required to deliver the deposit to the broker by
the end of business on - ANSWER :Monday pg100
QUIZ : - ANSWER :a
QUIZ :1. An appraiser calculates his fee based upon a percentage of the subject
property's market value this is? - ANSWER :Unethical and a violation of the
Uniform standards of Professional Appraisal Practice (USPAP) ethics
provision.pg6
QUIZ :2. A contractor builds homes on several vacant lots in an establishment
subdivision of 12- to 20 year-old homes. The Contractor advertises the homes
for sale to prospective buyers. hat type of residential construction is this? -
ANSWER :Speculative Homes(Spec)
QUIZ :3. when completing a license application , the application must provide
details in the background information section of the application regarding
criminal convictions. which statement is TRUE regarding completing this
section? - ANSWER :Applicants should attach details of cases, even if
adjudication was withheld. (pg21)
QUIZ :4. The Florida Real Estate commission requires all licensees to
successfully complete which education requirement prior to the expiration of
their initial sales associate license? - ANSWER :Post-Licensing education
Course (pg 51)
QUIZ :5.What is the legal term for a type of evidence that, unless refuted by
evidence to the contrary, will prove a case? - ANSWER :Prima Facie Evidence
(pg33)
QUIZ :A real estate agent has been licensed in Texas for one year. The Licensee
worked for a Texas broker but recently moved to Florida. The agent wants to
open his own brokerage in Florida, so he recently completed the Florida broker
pre license course. Is the Texas licensee eligible to take the Florida broker
license exam? - ANSWER :No, the Texas licensee must earn at least 13 months
additional real estate experience before he qualifies to take the Florida broker
license exam.pg31
QUIZ :7.Which individual is exempt from licensure under Florida Statute 475? -
ANSWER :An attorney-at-law who is paid a commission for performing services
of real estate pg 35
, QUIZ :8. A sales associate has been licensed since 2010. The License became
involuntary inactive 18 months ago. what must the sales associate do to renew
her real estate license? - ANSWER :The license is null and void so she must
retake the 63-hour sales associate course
QUIZ :9. A Licensee is a broker for several real estate companies. In this
situation, the licensee should request that the DBPR issue - ANSWER :Multiple
Licenses pg57
QUIZ :10.The Florida Real Estate Commissions authority to regulate and
enforce real estate license la is an exercise of which type of power -
ANSWER :Executive power pg49
QUIZ :11. Which statement is TRUE regarding voluntary relinquishment of real
estate license? - ANSWER :Voluntary relinquishment of a license does not
involve disciplinary action pg 53
QUIZ :12. A sales associate listed a condo for $205,000. A sales associate from
competing office called the listing associate to inform him of a verbal offer of
$190,000 on the property . The listing associate did not present the verbal
offer. which statement applies to this situation? - ANSWER :
QUIZ :The brokerage relationship disclosure requirements in Chapter 475
apply to which transaction? - ANSWER :Sale of three vacant lots zoned for
single-family use pg
QUIZ :14. A first time home buyer responds to a for sale by owner yard sign
and ask through a home for sale. The buyer is not sure what recent prices
homes in the neighborhood have been commanding or what is a reasonable
offering price. this situation is best described as - ANSWER :Caveat emptor
pg67
QUIZ :Which statement applies only to the transaction broker relationship? -
ANSWER :The customer is not responsible for the acts of the license pg74
QUIZ :A sales associate received an earnest many deposit at 9;00 am on
Saturday . The sales associate is required to deliver the deposit to the broker by
the end of business on - ANSWER :Monday pg100
QUIZ : - ANSWER :a
