Azure Tide Realty UPDATED ACTUAL
Exam Questions and CORRECT Answers
A Real Estate brokerage is a business where
sales associates provide real estate services to
clients for compensation.
T/F - CORRECT ANSWER -F
A farm area is an area/neighborhood picked by
a licensee to market to on a very regular basis.
T/F - CORRECT ANSWER -T
Real Estate licensees are allowed to sell a
business opportunity only if the real estate is
sold along with the business.
T/F - CORRECT ANSWER -F
Rental agents collect a fee for finding a tenant
for a landlord while Property Managers do so as
well but continue to manage the property once
a tenant is found.
T/F - CORRECT ANSWER -T
Conducting a Real Estate Appraisal is the
, process of estimating the value of real estate.
T/F - CORRECT ANSWER -T
Real estate licensees may not appraise real
property per the Florida Real Estate
Commission rules.
T/F - CORRECT ANSWER -F
USPAP Ethics rule regarding compensation
states that the payment of undisclosed fees,
commissions, or things of value in connection
with the procurement of an assignment is
unethical.
T/F - CORRECT ANSWER -T
The phases of development and construction
that each project goes through include Land
Acquisition, Subdividing and Development, and
Recording of the Plat Map.
T/F - CORRECT ANSWER -T
Developers often sell land to a governmental
body for public use when developing land.
Exam Questions and CORRECT Answers
A Real Estate brokerage is a business where
sales associates provide real estate services to
clients for compensation.
T/F - CORRECT ANSWER -F
A farm area is an area/neighborhood picked by
a licensee to market to on a very regular basis.
T/F - CORRECT ANSWER -T
Real Estate licensees are allowed to sell a
business opportunity only if the real estate is
sold along with the business.
T/F - CORRECT ANSWER -F
Rental agents collect a fee for finding a tenant
for a landlord while Property Managers do so as
well but continue to manage the property once
a tenant is found.
T/F - CORRECT ANSWER -T
Conducting a Real Estate Appraisal is the
, process of estimating the value of real estate.
T/F - CORRECT ANSWER -T
Real estate licensees may not appraise real
property per the Florida Real Estate
Commission rules.
T/F - CORRECT ANSWER -F
USPAP Ethics rule regarding compensation
states that the payment of undisclosed fees,
commissions, or things of value in connection
with the procurement of an assignment is
unethical.
T/F - CORRECT ANSWER -T
The phases of development and construction
that each project goes through include Land
Acquisition, Subdividing and Development, and
Recording of the Plat Map.
T/F - CORRECT ANSWER -T
Developers often sell land to a governmental
body for public use when developing land.
