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Azure Tide Real Estate Final Exam Questions and Answers (100% Correct Answers) Already Graded A+

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Subido en
16-06-2025
Escrito en
2024/2025

Azure Tide Real Estate Final Exam Questions and Answers (100% Correct Answers) Already Graded A+Azure Tide Real Estate Final Exam Questions and Answers (100% Correct Answers) Already Graded A+

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Institución
Azure Tide Real Estate
Grado
Azure Tide Real Estate

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Subido en
16 de junio de 2025
Número de páginas
15
Escrito en
2024/2025
Tipo
Examen
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1 Exampromax - Stuvia US 2025/2026


Azure Tide Real Estate Final Exam Questions
and Answers (100% Correct Answers) Already
Graded A+


Quiz: How is practicing real estate without a license punishable as?⼀
Answer: Third degree felony


Quiz: Without written permission, Phillip tells his buyer Tom, that his
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seller Mark is getting divorced and must sell the property quickly. Phillip is
Exampromax - Stuvia US




representing both Mark and Tom as a transaction broker. Phillip has
violated which agency duty?⼀Answer: Limited confidentiality


Quiz: Maxine didn't understand the paperwork that an oil company had
her sign when they started drilling for oil on her property. The guy that got
her to sign the paperwork was very nice and told her she would never have
to move off the property - but could sell it anytime if she chose. But when
they struck oil, she wasn't entitled to any of the money from the oil. What
rights had she signed over to the oil company?⼀Answer: Mineral


Quiz: Which of the following most accurately describes the statute of
limitations?⼀Answer: Places a time limit on pursuing a legal remedy in
relation to wrongful conduct


Quiz: Winnie failed to add to her application for a Florida real estate
license the fact that she had previously been convicted of theft. Which
statement is true?⼀Answer: Failure for Winnie to disclose the theft would
be viewed as falsifying an application.

, 2 Exampromax - Stuvia US 2025/2026

Quiz: All the following are acceptable to register with the DBPR as a real
estate brokerage except which of the following?⼀Answer: Corporation sole


Quiz: Walden had an architect draw up plans for four different styles of
homes. He then built four models matching the designs and offered to build
similar homes to buyers. What type of construction method is this known
as?⼀Answer: tract homes



Quiz: Which statement is FALSE regarding a net Listing?⼀Answer: Net
listings are unilateral Contracts
© 2025 Assignment Expert
Exampromax - Stuvia US




Quiz: Brokers must retain a brokerage relationship disclosure documents
for 5 years except in which of the following situations?⼀Answer: working
with a buyer or seller as a transaction broker from the outset


Quiz: Which of the following statements is false based on the Statute of
Frauds?⼀Answer: Option contracts can be verbal if for less than one year


Quiz: Natasha is representing a seller as a single agent and is also
working with the buyer. What type of relationship is she allowed to have
with the buyer?⼀Answer: no agency relationship


Quiz: There are two parties to a mortgage. Which is the correct pairing?
⼀Answer: Mortgagor = Borrower


Quiz: Joshua purchased property in Escambia County. Joshua put
$30,000.00 as a down payment and obtained a new mortgage for
$150,230.00. There was no other consideration for the transfer. How much
will the documentary stamp tax on the deed be?⼀Answer: $1,262.10
$13.99
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