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Sales Associate Pre-License Course Exam With Complete Solutions Latest Update
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Sales Associate Pre-License Course Exam WithComplete Solutions Latest Update
Chapter 1 (1 question)
The Real Estate Business
Farming
The act of specializing, concentrating on one type or style of property or on one
particular neighborhood.
Farm Area or Target Market
A specific neighborhood or kind of property.
Best ways to succeed in the real estate business
Finding and specializing in a particular neighborhood or type of property.
3 Key parts to the real estate business
Transfer of Property, valuation and marketing.
Tract Building
A developer buys a significant tract of land, records a subdivision plat map, and
employs a model center from which sales may be made.
Government regulation at the local level
Planning and zoning, property taxation, building and health code regulations are in the
hands of a local government. It also can give a moratorium or temporary delay for a
building project.
,Chapter 2 (6 questions)
Real Estate License Law And Qualifications For Licensure
A licensed sales associate who wishes to apply for licensure as a broker must:
Have been actively employed under one or more actively licensed brokers for at least 24
months within the preceding 5 years prior to becoming eligible to take the state broker
examination.
Licensure under an owner-developer does NOT:
Meet the eligibility requirement to apply for the state broker examination by being
employed under one or more actively licensed brokers.
What section of chapter 2 would one refer to for additional information regarding
owner-developers?
"Employment" section
Broker applicants must complete what to obtain an initial broker license?
All broker pre-license requirements
An applicant for a broker license may elect to remain employed in a sales associate
capacity with a current employer following passage of the state broker examination. If
so, the applicant will be registered as a __________ ____________ following passage of the
broker examination.
Broker associate
an applicant for a Florida real estate license is NOT required to be a:
Florida state resident, or United States citizen.
,[F.S. 455.10]
Question 1 of the Background Questions for the Initial License Application asks
specifically, "Have you ever been convicted or found guilty of, or entered a plea of nolo
contendere or guilty to, regardless of adjudication, a crime in any jurisdiction, or are
you presently under criminal investigation?" This question requires
Disclosure of ANY criminal convictions including felony or misdemeanor convictions or
pleas (other than minor traffic offenses), regardless of adjudication.
If an application to take the state exam is denied by the Department:
The applicant will be notified in writing.
The written application denial notification will:
Identify the causes for denial and notify applicant they have 21 days from date of the
receipt to request a formal hearing before an administrative law judge pursuant to F.S.
120, the Administrative Procedure Act.
[F.A.C. 61J2-2.030]
How many days from the date of the written application denial notification receipt does
an applicant have to request a formal hearing before an administrative law judge?
21 days
A sales associate or broker associate may only work for ___ broker at a time.
One
Brokers are registered and licensed with:
The Department
, [F.S. 475.215(2)]
Upon passing the state exam, who is registered AND licensed automatically?
Individual brokers, broker associates and sales associates
[F.A.C. 61J2-5.014]
Upon passing the state exam who is ONLY registered? (only registered, not licensed
too)
Brokerage corporations, partnerships, branch offices and owner-developers
[F.A.C. 61J2-5.014]
What must a sales associate complete prior to the expiration date of their initial license
period?
A 45-hour post-license course
If a sales associate fails to complete the 45-hour post-license course prior to the
expiration date of their initial license period their license will become:
Void and the license will be out of business
If the licensee desires to remain in the real estate business they must:
Retake the 63-hour pre-license course and pass another state examination.
If the CE requirement is not met by the renewal deadline, what will happen to the
licensee's license status?
It will be changed to involuntary inactive.
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