Florida Real Estate STATE exam Questions With Complete Solutions

Florida Real Estate STATE exam Questions With Complete Solutions The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law - Correct Answer D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a sale associate or broker associate D.allows a broker to qualify more than one broker firm - Correct Answer C. may be held by a sale associate or broker The following are exempt from F.S. 475 EXCEPT A. Trustees for an estate B. Personal representatives for an estate C. Mortgage brokers engaged in financing activities. D. Business Brokers - Correct Answer D. Business Brokers General Partners in a brokerage partnership that are not qualified to perform the services of real estate must be registered as for what? - Correct Answer For Identification Purposes Which brokerage disclosure notice must be signed or initialed by the buyer or seller before implementation? - Correct Answer Transition to Transaction When a seller is about to enter a fiduciary relationship with a brokerage firm what must be given? - Correct Answer Single Agency Notice