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COURSE FLORIDA REAL ESTATE EXAM
SUNDAY QUESTIONS & ANSWERS
SCORED A+
1 of 139
Definition
as long as they have a number down they are considered a trigger
term.
Disclosures are:
-amount or percentage of down payment
-terms of repayment
-annual percentage rate
Give this one a try later!
, Triggering Terms Material Defect
Special Assessments Trigger term
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2 of 139
Term
What is the point of beginning?
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It's a method for It's a legal term for property
calculating property taxes ownership transfer
It's the primary reference line, It's the starting point for all
in the metes and bounds construction projects
Don't know?
, 3 of 139
Term
Which of the following is an approved depository for earnest
money?
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A credit union located outside An online payment service that is
of Florida. not affiliated with any bank.
A bank within the state A personal savings account held by
of Florida the licensee.
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4 of 139
Definition
a contract wholly in writing may be enforced if action is brought
within 5 years
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Written Contract Implied Contract
Oral Contract Express Contract
, Don't know?
5 of 139
Term
Mary an Ohio broker, accompanied a customer to FL and met with
broker Stan in his office in Miami. While Stan showed the customer
property and obtained a binding contract for the purchase of a
condo, Mary took some time off and went to the beach. When Mary
returned to Stan's office, she discovered that Stan had written a
contact and demanded a share of the commission. Which
statement is correct?
Give this one a try later!
Stan may Share the commission with Mary. Only because Mary did not
accompany Stan and the client to the houses.
an offer is terminated if the offeree rejects the offer. a counteroffer is considered
to be a rejection of an offer.
Every active broker must maintain a sign at each brokerage office or branch.
any fact that could have significant and reasonable impact affecting the
property's value. Sellers of residential property in FL are required to disclose any
defects
Don't know?
COURSE FLORIDA REAL ESTATE EXAM
SUNDAY QUESTIONS & ANSWERS
SCORED A+
1 of 139
Definition
as long as they have a number down they are considered a trigger
term.
Disclosures are:
-amount or percentage of down payment
-terms of repayment
-annual percentage rate
Give this one a try later!
, Triggering Terms Material Defect
Special Assessments Trigger term
Don't know?
2 of 139
Term
What is the point of beginning?
Give this one a try later!
It's a method for It's a legal term for property
calculating property taxes ownership transfer
It's the primary reference line, It's the starting point for all
in the metes and bounds construction projects
Don't know?
, 3 of 139
Term
Which of the following is an approved depository for earnest
money?
Give this one a try later!
A credit union located outside An online payment service that is
of Florida. not affiliated with any bank.
A bank within the state A personal savings account held by
of Florida the licensee.
Don't know?
4 of 139
Definition
a contract wholly in writing may be enforced if action is brought
within 5 years
Give this one a try later!
Written Contract Implied Contract
Oral Contract Express Contract
, Don't know?
5 of 139
Term
Mary an Ohio broker, accompanied a customer to FL and met with
broker Stan in his office in Miami. While Stan showed the customer
property and obtained a binding contract for the purchase of a
condo, Mary took some time off and went to the beach. When Mary
returned to Stan's office, she discovered that Stan had written a
contact and demanded a share of the commission. Which
statement is correct?
Give this one a try later!
Stan may Share the commission with Mary. Only because Mary did not
accompany Stan and the client to the houses.
an offer is terminated if the offeree rejects the offer. a counteroffer is considered
to be a rejection of an offer.
Every active broker must maintain a sign at each brokerage office or branch.
any fact that could have significant and reasonable impact affecting the
property's value. Sellers of residential property in FL are required to disclose any
defects
Don't know?
