FLORIDA REAL ESTATE 63-HOUR COURSE
QUESTIONS
2 - Answers :Sarah holds a real estate license. She was asked to appraise a property.
She can do so provided Sarah
1) Does not represent herself as state-certified, registered or licensed appraiser; does
not accept a fee; and follows USPAP standards
2) Does not represent herself as state-certified, registered or licensed appraiser; does
not accept a fee based on the appraised value; is not doing it for a federally related
transaction, and follows USPAP standards
3) Does so only by using the comparative market analysis or broker price opinion format
4) Does so only for a federally related transaction
2 - Answers :State-certified, licensed and registered appraisers are regulated by
1) The Florida Real Estate Commission
2) The Florida Real Estate Appraisal Board
3) Division of Real Estate
4) The Appraiser's Conference and Standards Commission
3 - Answers :Mick visited a neighborhood that was being developed by Fred Flintstone.
Developer Fred let Mick describe the home of Mick's dreams and then Fred built it for
Mick. This type of construction is called
1) Tract
2) Spec
3) Custom
4) Dedication
1 - Answers :Max owns a piece of real estate but does not live in it. Max is called:
1) An absentee owner
2) An investment broker
3) A property manager
4) A second home owner
1 - Answers :Generally, real estate agents perform a comparative market analysis for
their clients to
, 1) Help them determine a price to list when selling a home or a price to offer when
buying a home
2) Determine value when working with a relocation company
3) When obtaining a FHA loan
4) When a broker's price opinion isn't a viable option to determine value
2 - Answers :Real Estate Licensee Lucy decided to target a specific area near her own
home and began making consistent marketing touches to cultivate buyers and sellers.
This process is known as
1) Canvassing
2) Farming
3) Plottage
4) Blockbusting
False - Answers :Real Estate licensees are allowed to sell a business opportunity only if
the real estate is sold along with the business.
True
False
True - Answers :The phases of development and construction that each project goes
through include Land Acquisition, Subdividing and Development, and Recording of the
Plat Map.
True
False
False - Answers :Developers often sell land to a governmental body for public use when
developing land.
True
False
True - Answers :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.
True
False
QUESTIONS
2 - Answers :Sarah holds a real estate license. She was asked to appraise a property.
She can do so provided Sarah
1) Does not represent herself as state-certified, registered or licensed appraiser; does
not accept a fee; and follows USPAP standards
2) Does not represent herself as state-certified, registered or licensed appraiser; does
not accept a fee based on the appraised value; is not doing it for a federally related
transaction, and follows USPAP standards
3) Does so only by using the comparative market analysis or broker price opinion format
4) Does so only for a federally related transaction
2 - Answers :State-certified, licensed and registered appraisers are regulated by
1) The Florida Real Estate Commission
2) The Florida Real Estate Appraisal Board
3) Division of Real Estate
4) The Appraiser's Conference and Standards Commission
3 - Answers :Mick visited a neighborhood that was being developed by Fred Flintstone.
Developer Fred let Mick describe the home of Mick's dreams and then Fred built it for
Mick. This type of construction is called
1) Tract
2) Spec
3) Custom
4) Dedication
1 - Answers :Max owns a piece of real estate but does not live in it. Max is called:
1) An absentee owner
2) An investment broker
3) A property manager
4) A second home owner
1 - Answers :Generally, real estate agents perform a comparative market analysis for
their clients to
, 1) Help them determine a price to list when selling a home or a price to offer when
buying a home
2) Determine value when working with a relocation company
3) When obtaining a FHA loan
4) When a broker's price opinion isn't a viable option to determine value
2 - Answers :Real Estate Licensee Lucy decided to target a specific area near her own
home and began making consistent marketing touches to cultivate buyers and sellers.
This process is known as
1) Canvassing
2) Farming
3) Plottage
4) Blockbusting
False - Answers :Real Estate licensees are allowed to sell a business opportunity only if
the real estate is sold along with the business.
True
False
True - Answers :The phases of development and construction that each project goes
through include Land Acquisition, Subdividing and Development, and Recording of the
Plat Map.
True
False
False - Answers :Developers often sell land to a governmental body for public use when
developing land.
True
False
True - Answers :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.
True
False
