FL REAL ESTATE EXAM- CE shop prep
Correct 100%
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
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?
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.
Correct 100%
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
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?
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.
