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Exam (elaborations)
FIN 340 FINAL EXAM QUESTIONS AND ANSWERS
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---8August 20252025/2026A+
- FIN 340 FINAL EXAM QUESTIONS AND ANSWERS 
 
___refers to physical land and building, while ___ consists of the benefits gainedfrom owning land an buildings - Answer- Real estate, real property 
 
An item that was at one time personal property but has become attached and is now considered to be real property is known as a - Answer- Fixture 
 
The most crucial test used to determine whether an item is a fixture is the - Answer- Intent of the parties 
 
____ Estate refers to ownership r...
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Exam (elaborations)
Real Estate Licensing Exam Questions and Answers
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---70August 20252025/2026A+
- Real Estate Licensing Exam Questions and Answers 
 
In the sales comparison approach, using comparables that are five and 15 years old when appraising a subject that is 10 years old is an example of what? - Answer- Bracketing 
 
A poor floor plan is an example of which type of depreciation? - Answer- Functional Obsolescence-Functional obsolescence is a form of depreciation or loss in value caused by defects in design. 
 
In the sales comparison approach, which of these are selected and e...
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Exam (elaborations)
Effective Small Business Management Exam Questions and Answers
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---31August 20252025/2026A+
- Effective Small Business Management Exam Questions and Answers 
 
Entrepreneur - Answer- is one who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying opportunities and assembling the necessary resources to capitalize on those opportunities 
 
Characteristics of an Entrepreneur - Answer- 1. Desire and willingness to take initiative 
2. Preference for moderate risk 
3. Confidence in their ability to succeed 
4. Self-rel...
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Exam (elaborations)
Bob Hogue Unit 3: Real Estate License Law and Commission Rules Exam Questions and Answers
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---5August 20252025/2026A+
- Bob Hogue Unit 3: Real Estate License Law and Commission Rules Exam Questions and Answers 
 
The agency charged with licensing and regulating businesses and professionals in Florida is called - - Answer- The Department of Business and Professional Regulation (DBPR) 
 
Provides all services required to administer the Florida real estate license law - Answer- The Division of Real Estate (DRE) 
 
The DBPR is under the executive branch of the governor, and it is governed by Chapter ---, F.S....
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Exam (elaborations)
Bob Hogue Unit 2 License Law and Qualifications for Licensure Exam Questions and Answers
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---6August 20252025/2026A+
- Bob Hogue Unit 2 License Law and Qualifications for Licensure Exam Questions and Answers 
 
In what year did the Florida Legislature pass the Real Estate License Law, Chapter 475 of the Florida Statutes? - Answer- 1923 
 
In what year did the Florida Legislature create the Florida Real Estate Commission to administer and enforce the license law? - Answer- 1925 
 
What did the Florida Legislature grant the Florida Real Estate Commission authority to do? - Answer- Keep records, conduct...
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Exam (elaborations)
Bob Hogue Unit 5 Practice Questions and Answers
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---5August 20252025/2026A+
- Bob Hogue Unit 5 Practice Questions and Answers 
 
1. A brokerage office must be at least ______________ enclosed room that will provide ______________ to conduct negotiations and close real estate transactions. - Answer- 1. one, 
privacy 
 
2. A broker may have an office in the broker's residence provided local ______________ allows such activity and the broker's ______________ is displayed at the entrance to the office. - Answer- 2. zoning, 
sign 
 
3. Registrations issued to b...
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Exam (elaborations)
BOB HOGUE REAL ESTATE EXAM QUESTIONS & DETAILED ANSWERS (PERFECTLY VERIFIED) GRADED A+ BRAND NEW VERSION
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---12August 20252025/2026A+
- BOB HOGUE REAL ESTATE EXAM QUESTIONS & DETAILED ANSWERS (PERFECTLY VERIFIED) GRADED A+ BRAND NEW VERSION BOB HOGUE REAL ESTATE EXAM QUESTIONS & DETAILED ANSWERS (PERFECTLY VERIFIED) GRADED A+ BRAND NEW VERSION
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Exam (elaborations)
BOB HOGUE REAL ESTATE EXAM QUESTIONS & CORRECT ANSWERS (PERFECTLY VERIFIED) GRADED A+
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---60August 20252025/2026A+
- BOB HOGUE REAL ESTATE EXAM QUESTIONS & CORRECT ANSWERS (PERFECTLY VERIFIED) GRADED A+ BOB HOGUE REAL ESTATE EXAM QUESTIONS & CORRECT ANSWERS (PERFECTLY VERIFIED) GRADED A+ BOB HOGUE REAL ESTATE EXAM QUESTIONS & CORRECT ANSWERS (PERFECTLY VERIFIED) GRADED A+
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Exam (elaborations)
Bob Hogue Real Estate Exam A+ Pass 100% Solved Answers Brand New!!
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---38August 20252025/2026A+
- Bob Hogue Real Estate Exam A+ Pass 100% Solved Answers Brand New!! 
 
Absentee Owner - Answer- A property holder who does not reside on the property and who usually relies on a property manager to manage the investment. 
 
Appraisal - Answer- The process of developing and communicating an estimate of a property's 
 
Appraiser - Answer- Appraisers charge a fee based on the time and difficulty of the appraisal assignment and are not paid commission. 
 
Broker Price Opinion (BPO) - Answer- A bro...
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