100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

FL REAL ESTATE EXAM- CE Shop Prep Exam Questions And Correct Answers

Rating
-
Sold
-
Pages
17
Grade
A+
Uploaded on
28-08-2024
Written in
2024/2025

©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM FL REAL ESTATE EXAM- CE Shop Prep Exam Questions And Correct Answers Stacey, a buyer, is working with licensee Rebecca in a state that doesn't recognize or permit implied agency. Rebecca doesn't represent Stacey, however, and is performing only ministerial tasks for her. Which of these statements about this situation is correct? A. Stacey is Rebecca's client. B. Rebecca is acting in an agency capacity for Stacey. C. Stacey is Rebecca's customer. D. Rebecca can't work with Stacey without an agency agreement. - answerC. Stacey is Rebecca's customer. Without an agency agreement in place, Stacey is Rebecca's customer. With an agency agreement in place, Stacey would be Rebecca's client. Which of the following statements about dual agency in Florida is true? A. A transaction broker may act as a dual agent. B. Dual agency must be disclosed in writing. C. Dual agents are not bound to confidentiality. D. A licensee can't act as a fiduciary for a buyer and a seller in the same transaction. - answerD. A licensee can't act as a fiduciary for a buyer and a seller in the same transaction. Sunshine Surveyors Inc. created a lot and block survey for a new residential development, Happy Acres. The first thing the surveyor did when surveying the new neighborhood was to reference what type of description? A. Plat book ©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM B. Metes and bounds description C. Monument D. Map - answerB. Metes and bounds description The lot and block survey system always uses one of two things as a beginning reference: a rectangular government survey or a metes and bounds description. Option B is the correct answer. Chapter 475 of the Florida statutes, called the ______, sets forth the law regarding real estate brokers, sales associates, and real estate schools. A. Administrative Code B. Department of Business and Professional Regulation C. Organizational Structure Act D. Real Estate Professional Practice Act - answerD. Real Estate Professional Practice Act The Florida legislature created the Real Estate Professional Practice Act to establish the legal rights and responsibilities of real estate licensees. Lydia is a new real estate licensee in Florida. How many hours of post-licensing education courses must she complete? A. 25 B. 35 C. 45 D. 75 - answerC. 45 All new real estate licensees must take 45 hours of post-licensing education courses within 18 to 24 months of licensing, depending on the date of the original license exam. Dora just received her Florida real estate broker license. What post-licensing requirements must she fulfill? ©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM A. She must complete 45 hours of post-licensing by her first birthday following broker license issuance. B. She must complete 50 hours of post-licensing within 12 months of broker license issuance. C. She must complete 60 hours of post-licensing by her second birthday following broker license issuance. D. She must complete 60 hours of post-licensing within 18 to 24 months of broker license issuance. - answerD. She must complete 60 hours of post-licensing within 18 to 24 months of broker license issuance. It's October 1 of an even-numbered year. It's been two-and-a-half years since Carly was licensed and she hasn't completed her CE requirement. Which of the following is true? A. She must finish her CE and pay a late f

Show more Read less
Institution
CE Shop
Course
CE Shop










Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
CE Shop
Course
CE Shop

Document information

Uploaded on
August 28, 2024
Number of pages
17
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

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



FL REAL ESTATE EXAM- CE Shop Prep
Exam Questions And Correct Answers


Stacey, a buyer, is working with licensee Rebecca in a state that doesn't recognize or permit
implied agency. Rebecca doesn't represent Stacey, however, and is performing only ministerial
tasks for her. Which of these statements about this situation is correct?


A. Stacey is Rebecca's client.
B. Rebecca is acting in an agency capacity for Stacey.
C. Stacey is Rebecca's customer.

D. Rebecca can't work with Stacey without an agency agreement. - answer✔✔C. Stacey is
Rebecca's customer.


Without an agency agreement in place, Stacey is Rebecca's customer. With an agency agreement
in place, Stacey would be Rebecca's client.
Which of the following statements about dual agency in Florida is true?
A. A transaction broker may act as a dual agent.
B. Dual agency must be disclosed in writing.
C. Dual agents are not bound to confidentiality.
D. A licensee can't act as a fiduciary for a buyer and a seller in the same transaction. -
answer✔✔D. A licensee can't act as a fiduciary for a buyer and a seller in the same transaction.
Sunshine Surveyors Inc. created a lot and block survey for a new residential development, Happy
Acres. The first thing the surveyor did when surveying the new neighborhood was to reference
what type of description?


A. Plat book

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


B. Metes and bounds description
C. Monument

D. Map - answer✔✔B. Metes and bounds description


The lot and block survey system always uses one of two things as a beginning reference: a
rectangular government survey or a metes and bounds description. Option B is the correct
answer.
Chapter 475 of the Florida statutes, called the ______, sets forth the law regarding real estate
brokers, sales associates, and real estate schools.


A. Administrative Code
B. Department of Business and Professional Regulation
C. Organizational Structure Act

D. Real Estate Professional Practice Act - answer✔✔D. Real Estate Professional Practice Act


The Florida legislature created the Real Estate Professional Practice Act to establish the legal
rights and responsibilities of real estate licensees.
Lydia is a new real estate licensee in Florida. How many hours of post-licensing education
courses must she complete?
A. 25
B. 35
C. 45

D. 75 - answer✔✔C. 45


All new real estate licensees must take 45 hours of post-licensing education courses within 18 to
24 months of licensing, depending on the date of the original license exam.
Dora just received her Florida real estate broker license. What post-licensing requirements must
she fulfill?

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


A. She must complete 45 hours of post-licensing by her first birthday following broker license
issuance.
B. She must complete 50 hours of post-licensing within 12 months of broker license issuance.
C. She must complete 60 hours of post-licensing by her second birthday following broker license
issuance.
D. She must complete 60 hours of post-licensing within 18 to 24 months of broker license
issuance. - answer✔✔D. She must complete 60 hours of post-licensing within 18 to 24 months
of broker license issuance.
It's October 1 of an even-numbered year. It's been two-and-a-half years since Carly was licensed
and she hasn't completed her CE requirement. Which of the following is true?


A. She must finish her CE and pay a late fee by October 31 to keep her license active.
B. She can apply to FREC for a six-week extension and complete her CE within that timeframe.
C. Her license is now inactive, and she has to reactivate it before she can practice real estate in
Florida.

D. Licensees must complete 24 hours of CE within each two-year licensure cycle. - answer✔✔C.
Her license is now inactive, and she has to reactivate it before she can practice real estate in
Florida.


At this point, Carly's license is inactive. She's missed the deadline. It doesn't matter whether it's
an even or odd number year.
Jameson is coming up on his sales associate license renewal date. He already completed eight
hours of specialty credit continuing education electives. How many additional hours does he
need to complete prior to his renewal date?


A. Five hours of specialty credits
B. Three hours of core law and three hours of real estate and business ethics
C. 10 hours of required coursework

D. 15 hours of specialty or required coursework - answer✔✔B. Three hours of core law and
three hours of real estate and business ethics

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Thebright Florida State University
View profile
Follow You need to be logged in order to follow users or courses
Sold
178
Member since
1 year
Number of followers
6
Documents
12345
Last sold
3 days ago
Topscore Emporium.

On this page, you find verified, updated and accurate documents and package deals.

3.8

35 reviews

5
13
4
10
3
7
2
1
1
4

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions