FLORIDA REAL ESTATE EXAM QUESTIONS WITH 100%
VERIFIED ANSWERS UPDATED 2023/A+ GRADE
GUARANTEED
Owners that buy income properties as investments and depend on professionals to
manage them - Answer- Absentee Owners
A Value estimated based on resent sales of similar properties in the same
neighborhood, not an appraisal - Answer- CMA -Comparative Market Analysis...
A contractor is employed by an owner of land to build on that land to the owner's
specifications - Answer- Custom Building
When a contractor builds on his own land with the hope of locating a purchaser
after construction has been completed - Answer- Speculative building
A developer that acquires a large that aquires a large tract of land and builds a
model center from which sales may be made - Answer- tract building
Property management has grown as a service of real estate primarily bc of an
increase of _______ _________ - Answer- Absentee Ownership
The category of construction that applies when a property owner employs a
contractor to build on his or her lot is called________ ___________ - Answer-
Custom Building
A Real Estate appraiser's fee for professional service is based on:
a. a percentage of the property's gross income
, FLORIDA REAL ESTATE EXAM QUESTIONS WITH 100%
VERIFIED ANSWERS UPDATED 2023/A+ GRADE
GUARANTEED
b. a percentage of the fair market value
c. the time and difficulty of the appraisal
d. a percentage of property's sales - Answer- C. the time and difficulty of the
appraisal
A developer contracts to build a home on a buyer's lot to the buyer's specifications.
This is an example of which type of building:
a. tract
b. custom
c. speculative
d. subdivision - Answer- b. custom
A Florida Real Estate lisence is required when anyone performs a service is
specified under
F.S. 475 when all the following conditions are simultaneously present, unless that
individual is otherwise exempt under the law: - Answer-
1. Preforming a service of real estate
2. In the state of Florida
3. For another
4. For compensation
_________ has been defined to include anything or any service of Value paid,
recieved or expected to be paid or recieved. - Answer- Compensation
, FLORIDA REAL ESTATE EXAM QUESTIONS WITH 100%
VERIFIED ANSWERS UPDATED 2023/A+ GRADE
GUARANTEED
The postlicense educational course for sales associate consists of ________ hours -
Answer- 45
The continuing education requirement consists of ______ hours - Answer- 14
Florida Real estate sales associates that desire to become brokers must wait
_______ ________ before taking the state exam. - Answer- one year
A tenant in an apartment complex may recieve up to ______ for refferal of a new
tenant for the same complex. - Answer- $50
________ ________ education must be completed during the initial sales
associates's license period. - Answer- Post Licensing
Owner-employers of licensed real estate sales associates are allowed to pay them:
a. on a salary basis only
b. on a commision basis only
c. a commission , but not a bonus
d. a commission or salary - Answer- d. a commission or salary
VERIFIED ANSWERS UPDATED 2023/A+ GRADE
GUARANTEED
Owners that buy income properties as investments and depend on professionals to
manage them - Answer- Absentee Owners
A Value estimated based on resent sales of similar properties in the same
neighborhood, not an appraisal - Answer- CMA -Comparative Market Analysis...
A contractor is employed by an owner of land to build on that land to the owner's
specifications - Answer- Custom Building
When a contractor builds on his own land with the hope of locating a purchaser
after construction has been completed - Answer- Speculative building
A developer that acquires a large that aquires a large tract of land and builds a
model center from which sales may be made - Answer- tract building
Property management has grown as a service of real estate primarily bc of an
increase of _______ _________ - Answer- Absentee Ownership
The category of construction that applies when a property owner employs a
contractor to build on his or her lot is called________ ___________ - Answer-
Custom Building
A Real Estate appraiser's fee for professional service is based on:
a. a percentage of the property's gross income
, FLORIDA REAL ESTATE EXAM QUESTIONS WITH 100%
VERIFIED ANSWERS UPDATED 2023/A+ GRADE
GUARANTEED
b. a percentage of the fair market value
c. the time and difficulty of the appraisal
d. a percentage of property's sales - Answer- C. the time and difficulty of the
appraisal
A developer contracts to build a home on a buyer's lot to the buyer's specifications.
This is an example of which type of building:
a. tract
b. custom
c. speculative
d. subdivision - Answer- b. custom
A Florida Real Estate lisence is required when anyone performs a service is
specified under
F.S. 475 when all the following conditions are simultaneously present, unless that
individual is otherwise exempt under the law: - Answer-
1. Preforming a service of real estate
2. In the state of Florida
3. For another
4. For compensation
_________ has been defined to include anything or any service of Value paid,
recieved or expected to be paid or recieved. - Answer- Compensation
, FLORIDA REAL ESTATE EXAM QUESTIONS WITH 100%
VERIFIED ANSWERS UPDATED 2023/A+ GRADE
GUARANTEED
The postlicense educational course for sales associate consists of ________ hours -
Answer- 45
The continuing education requirement consists of ______ hours - Answer- 14
Florida Real estate sales associates that desire to become brokers must wait
_______ ________ before taking the state exam. - Answer- one year
A tenant in an apartment complex may recieve up to ______ for refferal of a new
tenant for the same complex. - Answer- $50
________ ________ education must be completed during the initial sales
associates's license period. - Answer- Post Licensing
Owner-employers of licensed real estate sales associates are allowed to pay them:
a. on a salary basis only
b. on a commision basis only
c. a commission , but not a bonus
d. a commission or salary - Answer- d. a commission or salary
