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Bob Hogue - Pre Lic. Test Questions With Correct Answers

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©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM Bob Hogue - Pre Lic. Test Questions With Correct Answers Which statement concerning broker's price opinions (BPOs) is TRUE? A) The payment for a BPO must be paid to the broker and not directly to the sales associate who prepared the BPO. B) A broker's license is required to conduct a BPO. C) A BPO is also referred to as an appraisal of real property. D) All BPOs must conform to Uniform Standards of Professional Appraisal Practice (USPAP). - answerA Which document would contain information regarding the architectural design standards that must be used in a particular subdivision? A) Zoning code B) Restrictive covenants C) Subdivision plat map D) Building code book - answerB Which property is defined as residential real estate under Chapter 475, Florida statutes? A) Fifty-unit apartment complex B) Neighborhood grocery store C) Eight acres of agricultural property D) Local elementary school - answerC A map that indicates the size and location of individual lots, streets, and public utilities within a new development is called a(n) A) elevation. B) architectural drawing. ©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM C) subdivision plat map. D) topography map. - answerC A couple tours several model homes in a new subdivision. The couple decides to purchase one of the available lots and have the builder construct one of the model floor plans on the lot. Which type of construction is this? A) Modular home B) Tract home C) Custom home D) Contract home - answerB In which way does state government influence the real estate business? A) Identification of coastal regions B) Property taxation C) Occupational licensing D) Zoning - answerA What type of license or other credential is required for an individual to engage in the sale, purchase, or lease of businesses for others? A) Commercial business license B) Real estate license C) Business broker license D) Member of national association of business brokers - answerB Which instrument can be used by a property owner to control how a particular parcel of real property may be utilized by future property owners? A) Special exception B) Zoning code C) Deed restrictions D) Restrictive covenants - answerC A marketing tool used by real estate licensees in the process of soliciting for listings that is intended to help sellers determine an asking price is known as a(n) ©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM A) appraisal report. B) comparative market analysis. C) appraisal. D) federally related transaction. - answerB A developer transfers to the city privately owned streets in a subdivision with the agreement that the city will maintain the streets in the future. This process is known as A) entrepreneurship. B) eminent domain. C) dedication. D) land acquisition. - answerC Which property would be defined as agricultural property under Chapter 475 of the Florida statutes? A) A farm house and five-acre ranch B) The sale of a rural grocery store C) Warehouses for storing agricultural products in an industrial park D) 15 acres of undeveloped agricultural land - answerD The sales associate that worked with the buyer in the transaction sets up an appointment with the buyers to visit them six weeks after the sale. The sales associate routinely makes a visit after the title closing to thank the buyers for choosing her real estate company and to extend an offer to help with the buyers' future real estate needs. What type of service is the sales associate providing? A)Delayed customer contact B)Door-to-door sales C)Final walk-through and property inspection D)Follow-up - answerD Which individual must hold a Florida real estate license? A)Individual who sells cemetery lots B)Individual who rents lots in a mobile home park C)Salesperson who works for a real estate developer and is paid a salary ©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM D)Lawyer who receives a share of the commission for each transaction resulting from the referral of a client to a local brokerage office - answerD An applicant has been issued a broker's license. The broker licensee does not want to own her own real estate brokerage business. The licensee went to work selling real estate under another broker. She is BEST described as a A)broker. B)staff worker. C)broker associate. D)sales associate. - answerC "Nolo contendere" is a term that means A)no one witnessed the signature. B)no contest. C)no compensation is paid for services. D)property was seized from the owner. - answerB Which individual is NOT exempt from holding a Florida real estate license? A)An individual who appraises railroad pro

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©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM



Bob Hogue - Pre Lic. Test Questions With
Correct Answers


Which statement concerning broker's price opinions (BPOs) is TRUE?
A) The payment for a BPO must be paid to the broker and not directly to the sales associate who
prepared the BPO.
B) A broker's license is required to conduct a BPO.
C) A BPO is also referred to as an appraisal of real property.
D) All BPOs must conform to Uniform Standards of Professional Appraisal Practice (USPAP). -
answer✔✔A
Which document would contain information regarding the architectural design standards that
must be used in a particular subdivision?
A) Zoning code
B) Restrictive covenants
C) Subdivision plat map

D) Building code book - answer✔✔B
Which property is defined as residential real estate under Chapter 475, Florida statutes?
A) Fifty-unit apartment complex
B) Neighborhood grocery store
C) Eight acres of agricultural property

D) Local elementary school - answer✔✔C
A map that indicates the size and location of individual lots, streets, and public utilities within a
new development is called a(n)
A) elevation.
B) architectural drawing.

, ©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM


C) subdivision plat map.

D) topography map. - answer✔✔C
A couple tours several model homes in a new subdivision. The couple decides to purchase one of
the available lots and have the builder construct one of the model floor plans on the lot. Which
type of construction is this?
A) Modular home
B) Tract home
C) Custom home

D) Contract home - answer✔✔B
In which way does state government influence the real estate business?
A) Identification of coastal regions
B) Property taxation
C) Occupational licensing

D) Zoning - answer✔✔A
What type of license or other credential is required for an individual to engage in the sale,
purchase, or lease of businesses for others?
A) Commercial business license
B) Real estate license
C) Business broker license

D) Member of national association of business brokers - answer✔✔B
Which instrument can be used by a property owner to control how a particular parcel of real
property may be utilized by future property owners?
A) Special exception
B) Zoning code
C) Deed restrictions

D) Restrictive covenants - answer✔✔C
A marketing tool used by real estate licensees in the process of soliciting for listings that is
intended to help sellers determine an asking price is known as a(n)

, ©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM


A) appraisal report.
B) comparative market analysis.
C) appraisal.

D) federally related transaction. - answer✔✔B
A developer transfers to the city privately owned streets in a subdivision with the agreement that
the city will maintain the streets in the future. This process is known as
A) entrepreneurship.
B) eminent domain.
C) dedication.

D) land acquisition. - answer✔✔C
Which property would be defined as agricultural property under Chapter 475 of the Florida
statutes?
A) A farm house and five-acre ranch
B) The sale of a rural grocery store
C) Warehouses for storing agricultural products in an industrial park

D) 15 acres of undeveloped agricultural land - answer✔✔D
The sales associate that worked with the buyer in the transaction sets up an appointment with the
buyers to visit them six weeks after the sale. The sales associate routinely makes a visit after the
title closing to thank the buyers for choosing her real estate company and to extend an offer to
help with the buyers' future real estate needs. What type of service is the sales associate
providing?
A)Delayed customer contact
B)Door-to-door sales
C)Final walk-through and property inspection

D)Follow-up - answer✔✔D
Which individual must hold a Florida real estate license?
A)Individual who sells cemetery lots
B)Individual who rents lots in a mobile home park
C)Salesperson who works for a real estate developer and is paid a salary

, ©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM


D)Lawyer who receives a share of the commission for each transaction resulting from the
referral of a client to a local brokerage office - answer✔✔D
An applicant has been issued a broker's license. The broker licensee does not want to own her
own real estate brokerage business. The licensee went to work selling real estate under another
broker. She is BEST described as a
A)broker.
B)staff worker.
C)broker associate.

D)sales associate. - answer✔✔C
"Nolo contendere" is a term that means
A)no one witnessed the signature.
B)no contest.
C)no compensation is paid for services.

D)property was seized from the owner. - answer✔✔B
Which individual is NOT exempt from holding a Florida real estate license?
A)An individual who appraises railroad property for tax purposes
B)A salaried employee who works as a manager of a condominium complex and rents individual
units for periods of one year or less
C)Certified public account (CPA) who is employed by a real estate corporation and receives a
salary plus bonuses based on real estate transactions

D)A person who sells cemetery lots - answer✔✔C
Attorneys who are active members in good standing with The Florida Bar are exempt from
which education requirement?
A)FREC Course I for sales associates
B)FREC Course II for brokers
C)45-hour post-licensing education for sales associates

D)Sales associate state license exam - answer✔✔A

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