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Final Test Questions (Bob Hogue 2024) QUESTIONS & ANSWERS SOLVED 100- CORRECT.
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Final Test Questions (Bob Hogue 2024) QUESTIONS & ANSWERS SOLVED 100- CORRECT.
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Final Test Questions (Bob Hogue 2024)QUESTIONS & ANSWERS SOLVED 100%
CORRECT!!
Comparative .Market .Analysis .(CMA) .- .(correct .answer) .-
Marketing .tool .and .may .not .be .referred .to .or .represented .as .an .appraisal
Follow .UP .- .(correct .answer) .-Whats .sales .associates .do .for .buyers .and .sellers .after .the .sale
Which .is .NOT .a .category .of .real .estate .licenses .question? .These .3 .are .- .(correct .answer) .-
Sales .Associate; .Broker; .Broker .Associate
Which .does .NOT .need .to .be .disclosed .for .Background .Check? .- .(correct .answer) .-
Parking, .Speeding, .inspections, .or .traffic .signal .violations
What .is .required .by .Mutual .Recognition .applicants? .- .(correct .answer) .-
75% .or .higher .required .to .pass .exam
How .long .is .a .license .valid .on .a .real .estate .application? .- .(correct .answer) .-2 .years
Who .is .exempt .from .having .Real .Estate .License? .- .(correct .answer) .-
A .person .who .has .been .given .POA
What .power .does .FREC .have? .(#31) .- .(correct .answer) .-Quasi-Judical
The .DBPR .may .issue .a .temporary .real .estate .license .to .which? .(#25) .- .(correct .answer) .-
Spouse .of .active .duty .who .transfers .to .Florida .expires .after .6 .months .and .is .NOT .Renewable
A .person .who .no .longer .wants .to .engage .in .the .real .estate .business .can .voluntarily .relinquish .or .ca
ncel .the .license, .provided .there .is .no .investigation .or .disciplinary .proceeding .pending .against .the .lic
ense .(#79) .- .(correct .answer) .-True .Statement
Broker .who .qualifies .as .the .broker .for .more .than .one .business .entity? .- .(correct .answer) .-
Multiple .Licenses
, How .should .a .buyer .respond .to .a .for-sale-by-owner? .- .(correct .answer) .-Caveat .Emptor .
( .buyer .beware)
How .long .must .Brokers .retain .Disclosure .Documents? .- .(correct .answer) .-
5 .years .in .a .secured .location
What .happens .in .a .non-
residential .real .estate .transaction .where .the .buyer .and .the .seller .each .have .1 .million .or .more .in .ass
ets? .- .(correct .answer) .-The .broker .will .assign .two .sales .associates .in .such .an .arrangement .and .they
.are .called .designated .sales .associates
A .brokerage .relationship .b/w .a .principal .(or .a .customer) .and .a .broker .may .be .terminated .by: .
(Is .a .NOT .Question .on .Test) .- .(correct .answer) .-
Death .of .a .sellers .broker .or .the .seller .before .the .broker .finds .a .ready, .willing .and .able .buyer.
Death .of .the .buyers .brokers .or .the .buyer .before .the .broker .finds .a .suitable .property .for .the .buyer .
Destruction .of .the .property .
Bankruptcy .of .the .principal .or .the .customer
What .don't .you .have .to .put .on .an .office .sign? .- .(correct .answer) .-
The .names .of .the .sales .and .brokers .associates .are .not .required .but .the .Trade .name .or .Brokers .nam
e .is .required
Which .of .the .following .is .a .true .statement .about .Florida .Telemarketing? .- .(correct .answer) .-
Violators .may .be .fined .$10,000 .per .call
When .a .sales .associate .receives .an .earnest .money .deposit .what .must .he .do? .- .(correct .answer) .-
Give .to .the .broker .w/
n .24 .hours .and .then .the .Broker .has .3 .business .days .to .put .into .an .escrow .account
With .in .how .many .days .must .a .Broker .notify .the .commission .about .an .EDO? .- .(correct .answer) .-
10 .business .days
Sale .a .used .condo .give .buyer .the .docs. .After .they .receive .the .docs .how .many .days .do .they .have .to
.cancel? .(Test .Question .#61) .- .(correct .answer) .-Answer .is .2 .Days!!
What .is .it .called .when .competing .brokers .conspire .to .establish .the .same .commission? .(#76) .- .
(correct .answer) .-Price .Fixing
Brokers .can .not .pay .an .unlicensed .person .a .commission .but .can .do .what? .(#20) .- .(correct .answer) .-
Can .pay .them .no .more .the .$50
What .does .not .need .to .register .as .an .Real .Estate .Broker? .(#84) .- .(correct .answer) .-
Corporation .Sole .(church)
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