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GOLD COAST Real Estate Exam Questions and Answers 100% Pass

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GOLD COAST Real Estate Exam Questions and Answers 100% Pass Farming - ANS licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market - ANS Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building - ANS When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which sales may be made Local level - ANS Government Regulation: At the local level, planning and zoning, property taxation, building, and health codes and regulations, and building moratoriums that affect development, play a significant role in the cost and desirability of real estate Purpose of the law - ANS F.S. 475 to protect the public Commission or FREC - ANS Refers to the Florida real estate commission Department or DBPR - ANS Refers to the department of business and professional regulation ©THESTAR 2025 ALL RIGHTS RESERVED Division or DRE - ANS Refers to the division of real estate License - ANS Means any permit, registration, certificate, or license issued by the department Licensee - ANS Refers to any person to whom a permit, registration, certificate or license is issued by the department A BAR SALE - ANS The most common services of real estate: Appraising Buying Auctioning Renting Selling Advertising Leasing Exchanging Sales associate - ANS Must be employed by a real estate broker or owner developer to practice real estate *must complete all pre license requirements to obtain their initial license as a sales associate Broker - ANS A person who performs services of real estate as an agent for another and receives compensation for those services either directly or indirectly ©THESTAR 2025 ALL RIGHTS RESERVED A Sales Associate transitioning to a Broker - ANS Must have been employed under one or more actively licensed brokers for at least 24 months writhing the last 5 yrs before becoming eligible to take the state broker examination Additional applicants who qualify to apply for a brokers license [F.A.C.61J2-2.027(1)(b)] - ANS Actively licensed real estate sales associates from another STATE OR NATION who have been Licensed for at least 24 months during the preceding 5 yrs Broker Associate - ANS Someone who is qualified to receive a broker license but chooses instead to be employed under the direction, control and management of an actively licensed broker or owner developer. In this capacity the broker acts as a sales associate NOT as a broker Florida real estate license requirements - ANS An applicant for a Florida real estate license requirements is NOT required to be a resident of the state of Florida, or to be a citizen of the United States Florida Mutual recognition - ANS Florida has entered into "Contractual agreements" with 7 states that recognize the similarity in the content of their mutual education and experience requirements for real estate licensing. Alabama Arkansas Connecticut Georgia Mississippi Illinois Nebraska Form #1 DBPR RE 1

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©THESTAR 2025 ALL RIGHTS RESERVED




GOLD COAST Real Estate Exam Questions
and Answers 100% Pass




Farming - ANS licensee concentrate on one type or style of property or on one particular
neighborhood



Farm area or target market - ANS Finding and specializing in a particular neighborhood or
type of property. Considered to be one of the best ways to succeed in the real estate business



Tract building - ANS When a developer acquires a large tract of land, records a subdivision
plat map, and uses a model center from which sales may be made



Local level - ANS Government Regulation:


At the local level, planning and zoning, property taxation, building, and health codes and
regulations, and building moratoriums that affect development, play a significant role in the
cost and desirability of real estate



Purpose of the law - ANS F.S. 475 to protect the public



Commission or FREC - ANS Refers to the Florida real estate commission



Department or DBPR - ANS Refers to the department of business and professional regulation

, ©THESTAR 2025 ALL RIGHTS RESERVED




Division or DRE - ANS Refers to the division of real estate



License - ANS Means any permit, registration, certificate, or license issued by the
department



Licensee - ANS Refers to any person to whom a permit, registration, certificate or license is
issued by the department



A BAR SALE - ANS The most common services of real estate:


Appraising
Buying
Auctioning
Renting
Selling
Advertising
Leasing
Exchanging



Sales associate - ANS Must be employed by a real estate broker or owner developer to
practice real estate


*must complete all pre license requirements to obtain their initial license as a sales associate



Broker - ANS A person who performs services of real estate as an agent for another and
receives compensation for those services either directly or indirectly

, ©THESTAR 2025 ALL RIGHTS RESERVED

A Sales Associate transitioning to a Broker - ANS Must have been employed under one or
more actively licensed brokers for at least 24 months writhing the last 5 yrs before becoming
eligible to take the state broker examination


Additional applicants who qualify to apply for a brokers license [F.A.C.61J2-2.027(1)(b)] -
ANS Actively licensed real estate sales associates from another STATE OR NATION who have
been Licensed for at least 24 months during the preceding 5 yrs



Broker Associate - ANS Someone who is qualified to receive a broker license but chooses
instead to be employed under the direction, control and management of an actively licensed
broker or owner developer.
In this capacity the broker acts as a sales associate NOT as a broker



Florida real estate license requirements - ANS An applicant for a Florida real estate license
requirements is NOT required to be a resident of the state of Florida, or to be a citizen of the
United States



Florida Mutual recognition - ANS Florida has entered into "Contractual agreements" with 7
states that recognize the similarity in the content of their mutual education and experience
requirements for real estate licensing.


Alabama
Arkansas
Connecticut
Georgia
Mississippi
Illinois
Nebraska


Form #1 DBPR RE 1

, ©THESTAR 2025 ALL RIGHTS RESERVED

"Have you ever been convicted or found guilty of, or entered a plea of Nolo contendere (no
contest) or guilty to, regardless of adjudication, a crime in any jurisdiction, or are you currently
under criminal investigation?"

The question further defines which offenses are covered - ANS For practical purposes, this
question requires the disclosure of any criminal convictions, including felony or misdemeanor
convictions or pleas ( other than minor traffic offenses).
DUI is not a minor traffic offense and must be disclosed



Application Denial - ANS If an application to take state exam is denied, the applicant will be
notified in writing.
The notification will identify the reasons for denial and advise the applicant they they have 21
days from the date of receipt to request a formal hearing before an administrative law judge



Compensating broker or sales associate - ANS Florida real estate license law requires a sales
or broker associate to be employed as an agent of either a broker or owner developer before
performing real estate services for compensation.
They may NOT be directly compensated for real estate services by a member of the public.
Only their employing broker or owner developer



Employment by owner developer - ANS The owner developer must register with the
department but does not receive a real estate license



Post licensing course - ANS All licensees, whether active or inactive, must satisfactorily
complete a Commission prescribed post licensing course before the first renewal expiration
date, following initial licensure.



Sales associate first renewal - ANS Sales associate must complete a 45 hour post license
course.
Failure to complete this requirement will result in licensee being out of business and voided
license

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