State Exam Florida Real Estate Review Questions And Answers

When money is paid out of the RE recovery fund, on behalf of a Florida Real Estate the licensee's license will be automatically suspended, the max. amount that can be reimbursed is $50,000, the judgement holder cannot be reimbursed for attorney's fees and court costs Which of the following is true regarding the Florida RE commission? Two members do not have to have a Florida Real Estate license The Fair Housing Act prohibits discrimination based on Race, color, religion, national origin, sex, familial status, handicap A piece of property that is 400 feet by 325 feet is 3 acres The truth in lending act gives a consumer the right to rescind a mortgage secured by his homestead Who can renew their initial Florida real estate license without post license education? A person that graduated with a university with a 4 year degree in real estate Which of the following words are synonyms? vendor-seller If an adult enters into a contract with a child this contract can be enforced in a court by the child Price Fixing is a violation of Sherman-clayton antitrust law In a joint tenancy has the right of survivorship and owners acquire interest at the same time An expressed contract is unambiguous To become the chairman of the Florida Real Estate Commission a member is elected by his or her peers A florida Real Estate license has an expiration date on it, expires biennially, serves as prima facie evidence that the holder is properly licensed