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Exam (elaborations)

Florida Real Estate STATE exam Questions and Answers|100% Pass

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  • Course
  • Florida real estate
  • Institution
  • Florida Real Estate

Florida Real Estate STATE exam Questions and Answers|100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agen...

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  • October 3, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Florida real estate
  • Florida real estate
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EmillyCharlotte
EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024

Florida Real Estate STATE exam
Questions and Answers|100% Pass

The best protection that the public has during a Real Estate transaction is (are)




A. The national and state association of REALTORS

B. The punishment of licensees dealing dishonesty

C. the high ethical standards of real estate agents

D. FREC and the license law - Answer✔✔-D. FREC and the license law

A group license



A. allows a broker to have a branch office

B. allows a sales associate to work for more than one broker

C. may be held by a sale associate or broker associate

D.allows a broker to qualify more than one broker firm - Answer✔✔-C. may be held

by a sale associate or broker

The following are exempt from F.S. 475 EXCEPT



A. Trustees for an estate

B. Personal representatives for an estate

C. Mortgage brokers engaged in financing activities.


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, EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024
D. Business Brokers - Answer✔✔-D. Business Brokers

General Partners in a brokerage partnership that are not qualified to perform the

services of real estate must be registered as for what? - Answer✔✔-For Identification

Purposes

Which brokerage disclosure notice must be signed or initialed by the buyer or seller

before implementation? - Answer✔✔-Transition to Transaction

When a seller is about to enter a fiduciary relationship with a brokerage firm what must

be given? - Answer✔✔-Single Agency Notice

A broker owes which duty to a customer? What should he disclose? - Answer✔✔-

Known Facts affecting the value of the residential property

Sale associate works for a broker and receives an escrow deposit when should he

deliver it? - Answer✔✔-To his broker immediately (next business day)

Listings obtained by a sales associate become property of whom? - Answer✔✔-

Employing broker

Jim failed his state exam twice and believes some of the questions that he answered

were indeed correct. He can write a written obligation for consideration for the questions

to whom? - Answer✔✔-FREC Validation Committee

Which Florida law prohibits a lender from refinancing a loan to the same borrower within

the first 18 months of making a loan, if doing so does NOT reasonably benefit the

borrower - Answer✔✔-Florida Fair Lending Act




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