Exam And Study Guide| Verified
Expert Exam Questions with 100%
Correct Clear Verified Answers| All
Graded A+|Latest Premium
Update|100% Guaranteed Success.
An individual does not intend to engage in real estate activity. However, he does
plan to be an officer of a real estate brokerage corporation. Which status BEST
describes this situation?
a. Active sales associate license
b. Active broker license
c. Registered with the DBPR
d. Inactive sales associate license - Answer✅✅c. Registered with the DBPR
An individual who has fulfilled all of the academic and experience requirements for
real estate brokers but who operates as a sales associate in the employ of a
supervising broker is an
a. active sales associate
b. active broker
c. inactive broker
d. active broker associate - Answer✅✅d. active broker associate
, Real estate license applicants who desire to review their most recent license exam
MUST file a request to review within
a. 10 days
b. 14 days
c. 21 days
d. 30 days - Answer✅✅c. 21 days
A nonresident who holds a Florida real estate license MUST
a. consent, once licensed, to having all documents notarized that become part of
future real estate transactions in which the nonresident licensee is involved
b. complete all required post-licensing and continuing education requirements
c. become a Florida resident within the initial license period
d. accept permanent revocation of the license should any violation of the real estate
license law be upheld - Answer✅✅b. complete all required post-licensing and
continuing education requirements
Does a licensee who is convicted of a misdemeanor offense have a duty to report
the conviction of the FREC?
a. Yes, a licensee is required to disclose misdemeanor convictions with 60 days.
b. Yes, licensees must disclose all convictions to the FREC within 30 days
c. No, licensees are required to disclose felony convictions buy not misdemeanor
convictions
d. Yes, the licensee is required to disclose the misdemeanor convictions unless the
licensee pleads nolo contender - Answer✅✅b. Yes, licensees must disclose all
convictions to the FREC within 30 days
Which activity is NOT a real estate service?
a. Mortgaging real property
b. Advertising real property
c. Renting real property
d. Auctioning real property - Answer✅✅a. Mortgaging real property
Which statement is FALSE regarding mutual recognition agreements?
a. the agreements are intended to recognize the education and experience that real
estate licensees have acquired in other states or nations
b. Mutual recognition applicants are required to take a examination on Florida real
estate laws.
c. Mutual recognition applicants may be Florida residents or nonresidents
d. Mutual agreements allow Florida real estate licensees to have an equal
opportunity for licensure in jurisdictions with which agreements are concluded -
Answer✅✅c. Mutual recognition applicants may be Florida residents or
nonresidents
A sales associate sells real estate on the weekend for brokerage company A. She
also works as a sales associate for brokerage company B. She is paid on a
commission basis at both brokerage company A and brokerage company B. Which
statement applies to this situation?
,a. As long as the broker for brokerage company A is also an owner-developer, this is
an acceptable arrangement
b. The sales associate is in violation of Chapter 475, F.S.
c. The sales associate must register both employers with the DBPR.
d. This is legal, provided the sales associate is issued a multiple license. -
Answer✅✅b. The sales associate is in violation of Chapter 475, F.S.
Which of the criteria listed below is NOT required to hold a Florida real estate
license?
a. Proof of U.S. citizenship
b. 18 years of age or older
c. High school diploma or GED
d. U.S. Social Security number - Answer✅✅a. Proof of U.S. citizenship
A man owned two farms and a home when he died intestate. The court appointed a
personal representative to dispose of any portions of the decedent's estate that
might be subject to estate taxes and dents of the deceased. The personal
representative
a. must have the clerk of the circuit court auction any property sold.
b. must register with the DBPR if he expects to be paid for his work.
c. may advertise, negotiate, and sell the property and be compensated for his work
without registering with the DBPR.
d. must dispose of all real property through an active real estate broker. -
Answer✅✅c. may advertise, negotiate, and sell the property and be compensated
for his work without registering with the DBPR.
A licensed real estate sales associate did NOT complete the post license education
requirement eight months ago. Which statement applies to this situation?
a. The licensee may be eligible for an extension due to physical hardship.
b. The licensee must request an extension in writing to the Commission.
c. The Commission has no legislative authority to extend the post-license
requirement beyond six months.
d. The Commission has the authority to allow the licensee to complete the post
license education requirement if the licensee can document an economic hardship
that prevented the licensee form completing the course. - Answer✅✅c. The
Commission has no legislative authority to extend the post-license requirement
beyond six months.
A license applicant has completed the 63- hour sales associate prelicense course.
Within what period of time after being issued a course completion slip for the
prelicense course MUST the applicant pass the state license exam?
a. Indefinitely
b. Two years
c. One year
d. Six months - Answer✅✅b. Two years
What type of evidence unless refuted by evidence to the contrary will prove a case?
, a. Prima facie
b. Notarized
c. Case law
d. Enforceable - Answer✅✅a. Prima facie
Which Florida statute governs the DBPR and the professions under the DBPR?
a. Chapter 120, F.S.
b. Chapter 455, F.S.
c. Chapter 475, F.S.
d. Chapter 492, F.S. - Answer✅✅b. Chapter 455, F.S.
The three real estate license categories do NOT include
a. sales associate.
b. broker
c. broker associate
d. owner-developer - Answer✅✅d. owner-developer
Florida Statutes prohibit members from serving on the Commission for more than
a. one two-year term
b. one four-year term
c. two consecutive four-year terms.
d. three consecutive two-year terms - Answer✅✅c. two consecutive four-year
terms.
The Commission's authority to promulgate administrative rules is part of its
a. judicial powers
b. executive powers
c. quasi-judicial powers
d. quasi-legislative powers - Answer✅✅d. quasi-legislative powers
Which statement regarding the Division of Real Estate (DRE) is false?
a. The DRE offices are located in Orlando, Florida
b. The DRE's ministerial duties involve recordkeeping.
c. The director of the DRE is appointed by the FREC chairperson
d. The Department of Business and Professional Regulation employs the DRE
personnel to support FREC activities. - Answer✅✅c. The director of the DRE is
appointed by the FREC chairperson
The Commission is obligated to report any criminal violation of Chapter 475, F.S.,
when knowledgeable of such violations, to the
a. state's attorney having jurisdiction.
b. secretary of the DBPR.
c. local police.
d. division of Professions. - Answer✅✅a. state's attorney having jurisdiction.
The Commission is NOT empowered to impose which disciplinary action against a
licensee?