Florida Real Estate FREC 1 Exam
Questions With Correct Answers
One example of a Loan Originator would be a(n)
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A. family member.
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B. a real estate agent.
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C. associate lender.
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D. seller who finances more than two homes in a two year period. - CORRECT
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ANSWER✔✔-D
Why does a real estate professional need a license?
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A. He has specific information to be able to show a house.
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B. He has specific information to lease a house.
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C. He has expert information on real estate that an average layperson does not
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have.
,D. He does not need a license; he can sell and list whenever he wants. - CORRECT
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ANSWER✔✔-C
Florida law requires that you be approved by the state for licensure (through
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registration and application) _________ they can take the State-licensing exam,
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which is WHY students are asked to apply for licensure as early as possible while
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in the course.
| |
A. before
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B. after
|
C. Upon finding a broker
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D. when - CORRECT ANSWER✔✔-A
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Which is the most important issue for a broker acting as a property manager to
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accomplish?
A. To make sure the building is 100% occupied
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B. To keep the tenants happy and satisfied
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C. To budget and keep the cost down
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,D. To get maximum income while preserving the value of the investment -
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CORRECT ANSWER✔✔-D |
Dedication most nearly means | | |
A. concern for others.
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B. public health issues.
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C. giving private land for public use.
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D. donating a hospital to a private charity. - CORRECT ANSWER✔✔-C
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The practice of a real estate sales associate specializing in a particular geographic
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area is called
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A. farming.
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B. prospecting.
|
C. soliciting.
|
D. advertising. - CORRECT ANSWER✔✔-A
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Putting together two or more parcels of land to make a larger parcel is called
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, A. subdivision.
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B. assemblage.
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C. financial plan.
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D. incentive. - CORRECT ANSWER✔✔-B
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Agriculture property in Florida is a property that
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A. has many buildings on it.
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B. has fewer than 10 acres.
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C. has fewer than 5 acres.
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D. has more than 10 acres. - CORRECT ANSWER✔✔-D
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In Florida, there is a demand for property management services due to the large
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amount of |
A. waterfront properties.
| |
B. theme parks.
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C. absentee owners.
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D. residents who own condominiums. - CORRECT ANSWER✔✔-C
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A home that is specially built for a buyer, using his/her blueprints, is called
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A. a custom home.
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B. a tract home.
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Questions With Correct Answers
One example of a Loan Originator would be a(n)
| | | | | | | |
A. family member.
| |
B. a real estate agent.
| | | |
C. associate lender.
| |
D. seller who finances more than two homes in a two year period. - CORRECT
| | | | | | | | | | | | | | |
ANSWER✔✔-D
Why does a real estate professional need a license?
| | | | | | | |
A. He has specific information to be able to show a house.
| | | | | | | | | | |
B. He has specific information to lease a house.
| | | | | | | |
C. He has expert information on real estate that an average layperson does not
| | | | | | | | | | | | | |
have.
,D. He does not need a license; he can sell and list whenever he wants. - CORRECT
| | | | | | | | | | | | | | | | |
ANSWER✔✔-C
Florida law requires that you be approved by the state for licensure (through
| | | | | | | | | | | | |
registration and application) _________ they can take the State-licensing exam,
| | | | | | | | | |
which is WHY students are asked to apply for licensure as early as possible while
| | | | | | | | | | | | | | |
in the course.
| |
A. before
|
B. after
|
C. Upon finding a broker
| | | |
D. when - CORRECT ANSWER✔✔-A
| | | |
Which is the most important issue for a broker acting as a property manager to
| | | | | | | | | | | | | | |
accomplish?
A. To make sure the building is 100% occupied
| | | | | | | |
B. To keep the tenants happy and satisfied
| | | | | | |
C. To budget and keep the cost down
| | | | | | |
,D. To get maximum income while preserving the value of the investment -
| | | | | | | | | | | | |
CORRECT ANSWER✔✔-D |
Dedication most nearly means | | |
A. concern for others.
| | |
B. public health issues.
| | |
C. giving private land for public use.
| | | | | |
D. donating a hospital to a private charity. - CORRECT ANSWER✔✔-C
| | | | | | | | | |
The practice of a real estate sales associate specializing in a particular geographic
| | | | | | | | | | | | |
area is called
| |
A. farming.
|
B. prospecting.
|
C. soliciting.
|
D. advertising. - CORRECT ANSWER✔✔-A
| | | |
Putting together two or more parcels of land to make a larger parcel is called
| | | | | | | | | | | | | |
, A. subdivision.
|
B. assemblage.
|
C. financial plan.
| |
D. incentive. - CORRECT ANSWER✔✔-B
| | | |
Agriculture property in Florida is a property that
| | | | | | |
A. has many buildings on it.
| | | | |
B. has fewer than 10 acres.
| | | | |
C. has fewer than 5 acres.
| | | | |
D. has more than 10 acres. - CORRECT ANSWER✔✔-D
| | | | | | | |
In Florida, there is a demand for property management services due to the large
| | | | | | | | | | | | | |
amount of |
A. waterfront properties.
| |
B. theme parks.
| |
C. absentee owners.
| |
D. residents who own condominiums. - CORRECT ANSWER✔✔-C
| | | | | | |
A home that is specially built for a buyer, using his/her blueprints, is called
| | | | | | | | | | | | |
A. a custom home.
| | |
B. a tract home.
| | |
