45 Hour Post License Florida EXAM Questions &
Answers | 100% Verified solutions |Questions with
Correct Answers 2025 latest update!!
Farming - (ANSWER)Concentrating on one type of style of property or on one
particular neighborhood
A residential transaction os defined in F.S. 475 as the sale of any: - (ANSWER)-
Duplex
- improved residential property of four units or fewer, including condominium
units
-unimproved property intended for four units or fewer
- agricultural properties of ten acres or less
- leases with options to purchase all or a portion of improved property of four or
fewer residential units
- dispositions of business interests for property of four or fewer residential units
absentee owners - (ANSWER)owners who buy income property as investments
and depend on professionals to manage them
All appraisals, whether performed by a licensed appraiser or a real estate
licensee, must be developed and reported in conformity with the -
(ANSWER)Uniform Standards of Professional Appraisal Practice (USPAP)
,The largest and most prestigious real estate organization in the world is
________. They work for legislation enforce professional standards of conduct
through its ________. - (ANSWER)1. The National Association of Realtors (NAR)
2. Code of Ethics
The largest trade association in the state is _________ - (ANSWER)The Florida
Association of Realtors (FAR)
The duties required by the Code of Ethics are: - (ANSWER)1. Duties to clients and
customers
2. Duties to the public in general
3. Duties to other real estate licensees
Required Skills for the Real estate professional are: - (ANSWER)1. Valuation -
Must be able to discern important differences between properties and know ho
to translate those differences into value. Must be able to conduct a CMA.
2. Marketing - must have an understanding of the tools and technologies available
to market a property.
3. Property Transfer - understand how to close a transaction
Mission Statement - (ANSWER)description of a desired outcome that excites,
motivates, and helps you to create a mental picture of your business goal.
, Industrial Sales or Leasing - (ANSWER)include warehouses and manufacturing
facilities. Industrial sales and leasing generally involve user/owners, rather than
investors.
The law that specifically regulates real estate licensees, schools, and appraisers is
_________ - (ANSWER)F.S. 475
The Range Of Penalties for disobeying FS 475 or 455 from lowest to highest is: -
(ANSWER)Reprimand, fine, probation, suspension, and revocation or denial.
Which is the maximum penalty for disobeying laws under FS 455 or FS 475 -
(ANSWER)Revocation or denial of license
If the licensee does not complete the 45 hour course before the expiration date of
their first renewal, the license becomes ____ - (ANSWER)void and the licensee
will be out of business. (have to start over everything)
When a sales associate changes employers, they must notify the Commission of
the change no later than ________ days after the change by using the form
provided by the commission. - (ANSWER)10
Advertisements may not be - (ANSWER)fraudulent, false, deceptive, or
misleading.
Answers | 100% Verified solutions |Questions with
Correct Answers 2025 latest update!!
Farming - (ANSWER)Concentrating on one type of style of property or on one
particular neighborhood
A residential transaction os defined in F.S. 475 as the sale of any: - (ANSWER)-
Duplex
- improved residential property of four units or fewer, including condominium
units
-unimproved property intended for four units or fewer
- agricultural properties of ten acres or less
- leases with options to purchase all or a portion of improved property of four or
fewer residential units
- dispositions of business interests for property of four or fewer residential units
absentee owners - (ANSWER)owners who buy income property as investments
and depend on professionals to manage them
All appraisals, whether performed by a licensed appraiser or a real estate
licensee, must be developed and reported in conformity with the -
(ANSWER)Uniform Standards of Professional Appraisal Practice (USPAP)
,The largest and most prestigious real estate organization in the world is
________. They work for legislation enforce professional standards of conduct
through its ________. - (ANSWER)1. The National Association of Realtors (NAR)
2. Code of Ethics
The largest trade association in the state is _________ - (ANSWER)The Florida
Association of Realtors (FAR)
The duties required by the Code of Ethics are: - (ANSWER)1. Duties to clients and
customers
2. Duties to the public in general
3. Duties to other real estate licensees
Required Skills for the Real estate professional are: - (ANSWER)1. Valuation -
Must be able to discern important differences between properties and know ho
to translate those differences into value. Must be able to conduct a CMA.
2. Marketing - must have an understanding of the tools and technologies available
to market a property.
3. Property Transfer - understand how to close a transaction
Mission Statement - (ANSWER)description of a desired outcome that excites,
motivates, and helps you to create a mental picture of your business goal.
, Industrial Sales or Leasing - (ANSWER)include warehouses and manufacturing
facilities. Industrial sales and leasing generally involve user/owners, rather than
investors.
The law that specifically regulates real estate licensees, schools, and appraisers is
_________ - (ANSWER)F.S. 475
The Range Of Penalties for disobeying FS 475 or 455 from lowest to highest is: -
(ANSWER)Reprimand, fine, probation, suspension, and revocation or denial.
Which is the maximum penalty for disobeying laws under FS 455 or FS 475 -
(ANSWER)Revocation or denial of license
If the licensee does not complete the 45 hour course before the expiration date of
their first renewal, the license becomes ____ - (ANSWER)void and the licensee
will be out of business. (have to start over everything)
When a sales associate changes employers, they must notify the Commission of
the change no later than ________ days after the change by using the form
provided by the commission. - (ANSWER)10
Advertisements may not be - (ANSWER)fraudulent, false, deceptive, or
misleading.
