45 Hour Post License Florida Final Exam Prep
2025/2026 ACCURATE QUESTIONS WITH CORRECT
DETAILED ANSWERS ||100% GUARANTEED PASS
<LATEST VERSION>
Farming .......Answer.........Concentrating on one type of style of
property or on one particular neighborhood
A residential transaction os defined in F.S. 475 as the sale of
any: .......Answer.........- Duplex
- improved residential property of four units or fewer, including
condominium units
-unimproved property intended for four units or fewer
- agricultural properties of ten acres or less
,age 2 of 35
- leases with options to purchase all or a portion of improved
property of four or fewer residential units
- dispositions of business interests for property of four or fewer
residential units
absentee owners .......Answer.........owners who buy income
property as investments and depend on professionals to
manage them
All appraisals, whether performed by a licensed appraiser or a
real estate licensee, must be developed and reported in
conformity with the .......Answer.........Uniform Standards of
Professional Appraisal Practice (USPAP)
The largest and most prestigious real estate organization in the
world is ________. They work for legislation enforce
,age 3 of 35
professional standards of conduct through its ________.
.......Answer.........1. The National Association of Realtors (NAR)
2. Code of Ethics
As a selling broker, there are 2 things you need to consider:
.......Answer.........1. you'll be competing with your own associates
and it can create problems
2. as a selling broker you have less time to manage
The largest trade association in the state is _________
.......Answer.........The Florida Association of Realtors (FAR)
The duties required by the Code of Ethics are: .......Answer.........1.
Duties to clients and customers
2. Duties to the public in general
, age 4 of 35
3. Duties to other real estate licensees
Required Skills for the Real estate professional are:
.......Answer.........1. Valuation - Must be able to discern important
differences between properties and know ho to translate those
differences into value. Must be able to conduct a CMA.
2. Marketing - must have an understanding of the tools and
technologies available to market a property.
3. Property Transfer - understand how to close a transaction
Mission Statement .......Answer.........description of a desired
outcome that excites, motivates, and helps you to create a
mental picture of your business goal.