QUESTIONS AND CORRECT ANSWERS VERIFIED
2025-2026 UPDATE |A GRADED|NEW!!!!.
GOLD COAST REAL ESTATE
A developer contracts to build a home according to the buyer's specifications. This is an
example of which type of building? - ANSWER- Custom
The federal, state, and local governments all play a role in the regulation of real estate.
In which of the following areas would the local government have the most impact? -
ANSWER- Property Taxes, Building Moratoriums, and zoning
Real estate licensees are expected to be knowledgeable in all of the following,
EXCEPT: - ANSWER- Accounting
A sales associate failed to complete the required post-license education prior to
renewal. What is the status of the license? - ANSWER- Void
How may a licensed sales associate be paid by their owner-developer? - ANSWER- On
a commission or salary basis
What are the minimum employment requirements for a licensed sales associate to
qualify for a real estate brokers license? - ANSWER- Employed for 24 months under
one or more actively licensed broker
All of the following services require a real estate license, EXCEPT: - ANSWER-
Mortgaging
What must an applicant for a real estate license do if the have been convicted of a
crime? - ANSWER- The applicant must disclose all convictions on the application
Which condition must exists for an applicant to qualify for a Florida real estate license? -
ANSWER- The applicant must have a high school education or equivalent
Which of the following statements best describes an attorney-in-fact? - ANSWER- An
attorney in fact is authorized by a power of attorney to act for another.
What is a brokers associate? - ANSWER- A broker who is employed as a sales
associate
The Department of business and Professional Regulation has the authority to issue all
, of the following, EXCEPT: - ANSWER- An injunction