Sales Associate Pre-License Course Florida Real Estate Exam Practice Questions and Answers

What does the term "farming" refer to in real estate? Specializing in one geographic area A developer contracts to build a home according to the buyer's specifications. This is an example of which type of building? Custom The federal, state, and local governments all play a role in the regulation of real estate. In which of the following area would the LOCAL government have the most impact? Property taxes, building moratoriums, and zoning Real estate licensees are expected to be knowledgeable in all of the following areas, EXCEPT: Accounting An appraiser who is registered, licensed, or certified under F.S. 475, PART 2, must be utilized in which of the following? All appraisals A sales associate failed to complete the required post-license education prior to renewal. What is the status of the license? Void What are the minimum employment requirements for a licensed sales associate to qualify for a real estate brokers license? Employed for 24 months under one or more actively licensed brokers within 5 years What must an applicant for a real estate license do if he or she has been convicted of a crime The applicant must disclose all convictions on the application Which condition must exist for an applicant to qualify for a Florida real estate license? The applicant must have a high school education or equivalent Which of the following statements best describes an attorney-in-fact? An attorney-in-fact is authorized by a power of attorney to act for another