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BOB HOGUE 2 EXAM QUESTIONS AND ANSWERS

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BOB HOGUE 2 EXAM QUESTIONS AND ANSWERS

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BOB HOGUE 2 EXAM QUESTIONS
AND ANSWERS



1. A licensed sales associate may operate
a. for any registered broker.
b. for the broker registered as the sales associate's employer.
c. independently if registered with the DBPR.
d. as a broker associate. - Correct Answers -b. for the broker registered as the sales
associate's employer.

2. A sales associate applicant is NOT required to comply with which requirement?
a. Submit an application fee
b. Be 18 years of age or older
c. Be a bona fide Florida resident
d. Possess a Social Security number - Correct Answers -c. Be a bona fide Florida
resident
6. A real estate licensee works on a commission basis for two separate brokerage
companies. Which statement is TRUE?
a. Sales associates may have only one registered employer at any given time.
b. The sales associate may work for both companies as long as the associate is
registered under both employers.
c. This is legal as long as the associate only works part time for each company.
d. The sales associate must be registered as a broker associate for this to be legal. -
Correct Answers -a. Sales associates may have only one registered employer at any
given time.

7. What is the Latin term for a plea of "no contest"?

a. Prima facie
b. Caveat emptor
c. Writ of mandamus
d. Nolo contendere - Correct Answers -d. Nolo contendere

8. The DBPR is required by law to waive which fee(s) for qualified low-income license
applicants?
a. Application fee
b. Initial license fee
c. Unlicensed activity fee (if applicable in application year)
d. Exam fee - Correct Answers -b. Initial license fee

, 3. Which person does NOT meet the experience requirements to obtain a Florida
broker's license?

a. An applicant who has held an active California broker's license for the preceding
three years
b. An applicant who has held an active Ohio sales associate license during four of the
preceding five years while employed by an Ohio broker
c. An applicant who has held an active Florida sales associate license for the preceding
two years while employed by a Florida broker
d. An applicant who has held an active Florida sales associate license during two of the
preceding five years while employed by an owner-developer - Correct Answers -d. An
applicant who has held an active Florida sales associate license during two of the
preceding five years while employed by an owner-developer

4. What information appears on the face of a real estate license?
a. Governor's signature
b. Secretary of the DBPR's signature
c. License number
d. Licensee's email address - Correct Answers -c. License number

5. A sales associate applicant is NOT required to disclose which information on the
license application?
a. Convicted of a crime
b. Proof of U.S. citizenship
c. Maiden name, if applicable
d. A finding of guilt in conduct that would have resulted in disciplinary action if the
applicant had been licensed to practice real estate - Correct Answers -b. Proof of U.S.
citizenship

9. Which event may cause the FREC to refuse to certify an individual as qualified for
licensure?

a. Dropped out of high school and later earned a GED
b. Was convicted of fraud in an insurance scam
c. Changed residency to a state other than Florida
d. Lost a lot of one's own money in a bad real estate investment - Correct Answers -b.
Was convicted of fraud in an insurance scam

10. An applicant has held a real estate license in good standing in another state since
2015. The applicant is licensed in a state that has a mutual recognition agreement with
Florida. Five months ago, the license applicant moved to Orlando, Florida. Is this
licensee eligible to apply for a Florida real estate license under mutual recognition?

a. No, the applicant is now considered a Florida resident.
b. No, Florida does not have reciprocity with other states.

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