Which cstatement cconcerning cbroker's cprice copinions c(BPOs) cis cTRUE?
A) cThe cpayment cfor ca cBPO cmust cbe cpaid cto cthe cbroker cand cnot cdirectly cto cthe csales cassoci
B) cA cbroker's clicense cis crequired cto cconduct ca cBPO.
C) cA cBPO cis calso creferred cto cas can cappraisal cof creal cproperty.
D) cAll cBPOs cmust cconform cto cUniform cStandards cof cProfessional cAppraisal cPractice c(USPAP)
Which cdocument cwould ccontain cinformation cregarding cthe carchitectural cdesign cstandards cthat c
csubdivision?
A) cZoning ccode
B) cRestrictive ccovenants
C) cSubdivision cplat cmap
D) cBuilding ccode cbook c- cCORRECT cANS✔✔B
Which cproperty cis cdefined cas cresidential creal cestate cunder cChapter c475, cFlorida cstatutes?
A) cFifty-unit capartment ccomplex
B) cNeighborhood cgrocery cstore
C) cEight cacres cof cagricultural cproperty
D) cLocal celementary cschool c- cCORRECT cANS✔✔C
A cmap cthat cindicates cthe csize cand clocation cof cindividual clots, cstreets, cand cpublic cutilities cwithi
ccalled ca(n)
A) celevation.
B) carchitectural cdrawing.
C) csubdivision cplat cmap.
D) ctopography cmap. c- cCORRECT cANS✔✔C
A ccouple ctours cseveral cmodel chomes cin ca cnew csubdivision. cThe ccouple cdecides cto cpurchase
chave cthe cbuilder cconstruct cone cof cthe cmodel cfloor cplans con cthe clot. cWhich ctype cof cconstruct
A) cModular chome
B) cTract chome
,C) cDeed crestrictions
D) cRestrictive ccovenants c- cCORRECT cANS✔✔C
A cmarketing ctool cused cby creal cestate clicensees cin cthe cprocess cof csoliciting cfor clistings cthat cis
cdetermine can casking cprice cis cknown cas ca(n)
A) cappraisal creport.
B) ccomparative cmarket canalysis.
C) cappraisal.
D) cfederally crelated ctransaction. c- cCORRECT cANS✔✔B
A cdeveloper ctransfers cto cthe ccity cprivately cowned cstreets cin ca csubdivision cwith cthe cagreement
cstreets cin cthe cfuture. cThis cprocess cis cknown cas
A) centrepreneurship.
B) ceminent cdomain.
C) cdedication.
D) cland cacquisition. c- cCORRECT cANS✔✔C
Which cproperty cwould cbe cdefined cas cagricultural cproperty cunder cChapter c475 cof cthe cFlorida cs
A) cA cfarm chouse cand cfive-acre cranch
B) cThe csale cof ca crural cgrocery cstore
C) cWarehouses cfor cstoring cagricultural cproducts cin can cindustrial cpark
D) c15 cacres cof cundeveloped cagricultural cland c- cCORRECT cANS✔✔D
The csales cassociate cthat cworked cwith cthe cbuyer cin cthe ctransaction csets cup can cappointment cw
csix cweeks cafter cthe csale. cThe csales cassociate croutinely cmakes ca cvisit cafter cthe ctitle cclosing ct
cchoosing cher creal cestate ccompany cand cto cextend can coffer cto chelp cwith cthe cbuyers' cfuture cre
cservice cis cthe csales cassociate cproviding?
A)Delayed ccustomer ccontact
B)Door-to-door csales
C)Final cwalk-through cand cproperty cinspection
D)Follow-up c- cCORRECT cANS✔✔D
Which cindividual cmust chold ca cFlorida creal cestate clicense?
A)Individual cwho csells ccemetery clots
B)Individual cwho crents clots cin ca cmobile chome cpark
C)Salesperson cwho cworks cfor ca creal cestate cdeveloper cand cis cpaid ca csalary
D)Lawyer cwho creceives ca cshare cof cthe ccommission cfor ceach ctransaction cresulting cfrom cthe cre
cbrokerage coffice c- cCORRECT cANS✔✔D
An capplicant chas cbeen cissued ca cbroker's clicense. cThe cbroker clicensee cdoes cnot cwant cto cown
cbrokerage cbusiness. cThe clicensee cwent cto cwork cselling creal cestate cunder canother cbroker. cSh
A)broker.
B)staff cworker.
C)broker cassociate.
D)sales cassociate. c- cCORRECT cANS✔✔C
"Nolo ccontendere" cis ca cterm cthat cmeans
A)no cone cwitnessed cthe csignature.
B)no ccontest.
C)no ccompensation cis cpaid cfor cservices.
D)property cwas cseized cfrom cthe cowner. c- cCORRECT cANS✔✔B
Which cindividual cis cNOT cexempt cfrom cholding ca cFlorida creal cestate clicense?
A)An cindividual cwho cappraises crailroad cproperty cfor ctax cpurposes
B)A csalaried cemployee cwho cworks cas ca cmanager cof ca ccondominium ccomplex cand crents cindiv
,An cindividual cwho creceived ca cfour-year cdegree cin creal cestate cfrom ca cstate cuniversity cis cNOT
crequirement?
A)FREC cCourse cII cfor cbrokers
B)Post-license ceducation
C)FREC cCourse cI cfor csales cassociates
D)State clicense cexam c- cCORRECT cANS✔✔D
The crules cof cthe cFlorida cReal cEstate cCommission care cfound cin
A)Florida cStatute c455.
B)Chapter c61J2.
C)Florida cStatute c475.
D)Florida cStatute c120. c- cCORRECT cANS✔✔B
A cstudent cwho cfails cthe csales cassociate cend-of-course cexam cmust cwait chow clong cfrom cthe cda
cto cretest?
A)30 cdays
B)7 cdays
C)14 cdays
D)24 chours c- cCORRECT cANS✔✔A
For clicensing cpurposes, ca cresident cof cFlorida cis cdefined cas ca cperson cwho chas cresided cin cFlo
A)6 cmonths
B)2 cyears
C)4 cmonths
D)1 cyear c- cCORRECT cANS✔✔C
What cis crequired cof call cnonresident clicense capplicants?
A)Pay can cadditional cout-of-state cnonresident clicense cfee
B)U.S. ccitizenship
C)Agree cto cthe cirrevocable cconsent cto cservice csection con cthe clicense capplication
D)Agree cto crefer call cout-of-state cclients cto can caffiliate cbroker clocated cin cthe cstate cof cFlorida c-
What cis cthe cpercentage cpassing cscore con cthe cstate clicense cexam?
A) c75
B) c80
C)90
D) c70 c- cCORRECT cANS✔✔A
A cdeveloper cof ca cnew cresidential csubdivision chires ca csales cstaff cto csell chomes. cThe csales csta
cplus c1 cpercent cof cthe csale cprice cof ceach chome cthey csell. cAre cthe cpeople cwho csell cthese cho
crequired cto chold creal cestate clicenses?
A) cYes, cthe csales cstaff cmust chold creal cestate clicenses cbecause cthey care cpartially ccompensate
B) cYes, call cindividuals cwho csell creal cproperty cfor cowner-developers cmust chold ca creal cestate cli
ccompensation cstructure.
C) cNo, cthe csales cstaff cis cpaid ca csalary cso cthey care cnot crequired cto chold creal cestate clicenses
D) cNo, cowner-developers care cnot cregulated cby cthe creal cestate clicense claw. c- cCORRECT cANS
Within cone cyear, chow cmany ctimes cmay ca cstudent cwho cfailed cthe cend-of-course cexamination cr
ccourse?
A)Three
B)Unlimited
C)One
D)Two c- cCORRECT cANS✔✔C
Students cmust cpass cthe cprelicense cend-of-course cexam cwith ca cgrade cof cat cLEAST cwhat cperc
, Secretary cof cthe cDepartment cof cBusiness cand cProfessional cRegulation.
C)
Director cof cthe cDivision cof cReal cEstate.
D)
Governor. c- cCORRECT cANS✔✔D
A creal cestate clicense cthat cis cstamped cwith cthe cofficial cseal cof cthe cState cof cFlorida cserves cas
cthe cindividual cis ca clicensee?
A)
Recorded
B)
Public
C)
Prima cfacie
D)
Notorized c- cCORRECT cANS✔✔C
After cwhat cperiod cof ctime cdoes can cinvoluntary cinactive clicense cautomatically cexpire cand cbecom
A)
Four cyears
B)
Two cyears
C)
Five cyears
D)
One cyear c- cCORRECT cANS✔✔B
The cFREC's cpower cto cdetermine clicense claw cviolations cis can cexercise cof cwhich ctype cof cpowe
A)
Quasi-judicial
B)
Quasi-legislative
C)
Executive
D)
Civil c- cCORRECT cANS✔✔A
After cwhat cperiod cof ctime cdoes can cinvoluntary cinactive clicense cautomatically cexpire cand cbecom
A)
Four cyears
B)
Two cyears
C)
Five cyears
D)
One cyear c- cCORRECT cANS✔✔B
The cFREC's cpower cto cdetermine clicense claw cviolations cis can cexercise cof cwhich ctype cof cpowe
A)
Quasi-judicial
B)
Quasi-legislative
C)
Executive
D)