1 | Page
Gold Coast Real Estate Questions and Correct
Answers/ Latest Update / Already Graded
When a dev. Acquired land, records a plat map and uses a model center from
which sales may be made
Ans: Tract building
Planning, 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
Ans: Local level
A licensed broker working for another broker
Ans: Broker associate
A florida real estate license applicant must be a resident and citizen (true or false)
Ans: False
You have 21 days to send a formal letter to the department for a hearing if:
Ans: Application Denial
How mang brokers can a sales or broker associate work for
Ans: One
No grace period
Ans: Post license requirements
© 2025/ 2026 | ® All rights reserved
, 2 | Page
No grace period
Ans: Sales associate first renewal
Attorney in fact/ Attorney at Law
Ans: Exempt from licensure
My perform legal services on behalf ofntheir clients; they may prepare documents,
handle closings, and give legal advice.
Ans: Attorneys at law
An individual who does not request renewal of their second or subsequent
lecense, pay the required fees, or maintain their continuing education
requirements will have their license placed in
Ans: Involuntary inactive
A license may remain in involuntary inactive status for no longer than
Ans: 2 years
A special agent is authorized under agency law by the employer to perform a
single act. The employment contract between the employer and agent establishes
the limit of authority granted
Ans: Special Agent
A broker has a buty to transmit any and all offers to the employer including oral
offers or offers made without a binder deposit
Ans: Presenting offers
© 2025/ 2026 | ® All rights reserved
, 3 | Page
A transaction broker provides what kind of representation
Ans: Limited
this agency relationship is created when a broker accepts employment under a
single agency agreement. A broker may represent a seller or buyer , or a landlord
or tenant.
Ans: Single agent
In a single agency relationship, the employer becomes the
Ans: Principal
Non Representation or (No Brokerage Relationship can also be called)
Ans: For sale By owner
For sale by owner can also be called
Ans: FSBO
An active broker is required to have this open which must be registered with the
department of Business and Professional Regulation where Negotiations and the
closing of real estate transactions can be conducted with privacy
Ans: Stationary Construction
Licencees should make clear that they are dealing on their own account and not
acting on the behalf of
Ans: Others
Licencees should make known their status as licencees to members of the
© 2025/ 2026 | ® All rights reserved
Gold Coast Real Estate Questions and Correct
Answers/ Latest Update / Already Graded
When a dev. Acquired land, records a plat map and uses a model center from
which sales may be made
Ans: Tract building
Planning, 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
Ans: Local level
A licensed broker working for another broker
Ans: Broker associate
A florida real estate license applicant must be a resident and citizen (true or false)
Ans: False
You have 21 days to send a formal letter to the department for a hearing if:
Ans: Application Denial
How mang brokers can a sales or broker associate work for
Ans: One
No grace period
Ans: Post license requirements
© 2025/ 2026 | ® All rights reserved
, 2 | Page
No grace period
Ans: Sales associate first renewal
Attorney in fact/ Attorney at Law
Ans: Exempt from licensure
My perform legal services on behalf ofntheir clients; they may prepare documents,
handle closings, and give legal advice.
Ans: Attorneys at law
An individual who does not request renewal of their second or subsequent
lecense, pay the required fees, or maintain their continuing education
requirements will have their license placed in
Ans: Involuntary inactive
A license may remain in involuntary inactive status for no longer than
Ans: 2 years
A special agent is authorized under agency law by the employer to perform a
single act. The employment contract between the employer and agent establishes
the limit of authority granted
Ans: Special Agent
A broker has a buty to transmit any and all offers to the employer including oral
offers or offers made without a binder deposit
Ans: Presenting offers
© 2025/ 2026 | ® All rights reserved
, 3 | Page
A transaction broker provides what kind of representation
Ans: Limited
this agency relationship is created when a broker accepts employment under a
single agency agreement. A broker may represent a seller or buyer , or a landlord
or tenant.
Ans: Single agent
In a single agency relationship, the employer becomes the
Ans: Principal
Non Representation or (No Brokerage Relationship can also be called)
Ans: For sale By owner
For sale by owner can also be called
Ans: FSBO
An active broker is required to have this open which must be registered with the
department of Business and Professional Regulation where Negotiations and the
closing of real estate transactions can be conducted with privacy
Ans: Stationary Construction
Licencees should make clear that they are dealing on their own account and not
acting on the behalf of
Ans: Others
Licencees should make known their status as licencees to members of the
© 2025/ 2026 | ® All rights reserved
