ECONOMICS
BOB HOGUE - PRE LIC. EXAM QUESTIONS AND CORRECT
ANSWERS ALREADY PASSED REVIEW SOLUTION
2025/2026
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BOB HOGUE - PRE LIC. EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED REVIEW SOLUTION 2025/2026 Which statement concerning broker's price opinions (BPOs) is TRUE? A) The payment for a BPO must be paid to the broker and not directly to the sales associate who prepared the BPO. B) A broker's license is required to conduct a BPO. C) A BPO is also referred to as an appraisal of real property. D) All BPOs must conform to Uniform Standards of Professional Appraisal Practice (USPAP). - Correct Answer-A Which document would contain information regarding the architectural design standards that must be used in a particular subdivision? A) Zoning code B) Restrictive covenants C) Subdivision plat map D) Building code book - Correct Answer-B Which property is defined as residential real estate under Chapter 475, Florida statutes? A) Fifty-unit apartment complex B) Neighborhood grocery store C) Eight acres of agricultural property D) Local elementary school - Correct Answer-C A map that indicates the size and location of individual lots, streets, and public utilities within a new development is called a(n) A) elevation. B) architectural drawing. C) subdivision plat map. D) topography map. - Correct Answer-C A couple tours several model homes in a new subdivision. The couple decides to purchase one of the available lots and have the builder construct one of the model floor plans on the lot. Which type of construction is this
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