Exam (elaborations)
Florida Real Estate U Final Exam 2024 Questions With Solutions Latest Updated Rated 100%
- Course
- Institution
Florida Real Estate U Final Exam 2024 Questions With Solutions Latest Updated Rated 100%
[Show more]
Content preview
Florida Real Estate U Final Exam.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20U%Florida Real Estate U Final Exam Questions &
Answers
1. An appraisal can be completed by which of the following?
A home inspector A
real estate broker
A licensed appraiser using USPAP standards
A mortgage loan originator
ANS A licensed appraiser using USPAP standards
2. What is a BPO?
Broker Price Opinion
Best Practice OrganizationBest
Prospective Offer
Beyond Present Opportunities
1 of 123 8/20/2024, 12:56
,Florida Real Estate U Final Exam.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20U%
ANS Broker Price Opinion
3. Which of the following is incorrect?
Farming methods include Direct Mail and Just Listed Post Cards.Farming
only involves raising crops, fish or animals.
Farming is a great way for a licensee to introduce themselves.
Farming involves concentrating business efforts in a particular geographicalarea.
ANS Farming only involves raising crops, fish or animals.
4. Which of the following is NOT considered a major real estate licensee salesspecialty?
Agricultural
Cemetery Plots
Commercial
Residential
ANS Cemetery Plots
2 of 123 8/20/2024, 12:56
,Florida Real Estate U Final Exam.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20U%
5. What is a home built from blueprints supplied by the buyer is called?
An architectural originalA
spec home
A tract home
A custom home
ANS A custom home
6. MLS is an acronym for which of the following?
Multiple Land Syndication
Major Lending Service
Multiple Lender Sources
Multiple Listing System
ANS Multiple Listing System
3 of 123 8/20/2024, 12:56
,Florida Real Estate U Final Exam.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20U%
7. Why is there a high demand for property managers in Florida?
Cruise ships Absentee
owners Gated
communities
High temperatures
ANS Absentee owners
8. An organization with at least one real estate broker acting as the agent forothers in
negotiating the sale or rental of real property for a fee is known as a/an?
Cooperative
Real estate brokerage
MLS
Management company
ANS Real estate brokerage
9. What is dedication?
Giving up private land for public use
4 of 123 8/20/2024, 12:56
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BESTGOODIES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80461 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now