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The Real Estate Business Questions And Answers Graded A+ 2024/2025
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The Real Estate Business Questions And Answers Graded A+ 2024/2025
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The Real Estate BusinessIn what year did Florida enact its first real property license regulation? - ANS1923.
What government entity become created for the reason of administering and implementing
real estate license regulation? - ANSThe Florida Real Estate Commission (FREC).
Which of the following exceptional describes the general reason of F.S. 475? - ANSTo guard
consumers.
"The Department" refers to which authorities entity? - ANSThe Department of BUsiness and
Professional Regulation (DBPR).
What is "the Division"? - ANSThe Division of Real Estate (DRE).
All of the subsequent humans required a Florida actual property license, EXCEPT: - ANSA
personwho negotiates the sale of a residence in Delray Beach, Florida at the behalf of a
chum who inherited the house from his deceased mom,with out receiving any repayment.
Which person requires a Florida real property license? - ANSA individual who helps a
customer locate and buy a facility in Jacksonville, Florida, for the customer's veterinary
practice, and gets 3% of the acquisition fee for theirservices.
Which of the subsequent most correctly defines "compensation" with respect to real property
licensees? - ANSAnything or any provider of fee this is paid, received, or anticipated to be
paid or received in change for a carried out provider.
All of the following are services that require a contemporary, legitimate Florida actual
property license, EXCEPT: - ANSAppraising in federally-related transactions, growing,
constructing, promoting homeowner's insurance, and lending money to finance domestic
purchases.
What is the minimum age requirement for a actual estate licensee in Florida? - ANS18.
What is the minimal schooling requirement for a actual estate licensee in Florida? - ANSHigh
faculty diploma or equal.
Which of the following is a requirement for someone to become a actual property licensee in
Florida? - ANSA Social Security quantity.
In addition to taking and passing the pre-license course and the country examination, what
else should you do to attain an energetic sales companion licese and exercise real estate? -
ANSObtain employment with a broker or proprietor-developer and record employment
statistics with the department.
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