100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FLORIDA REAL ESTATE EXAM 2 LATEST VERSION 2025 WITH 300 QUESTIONS AND WELL-VERIFIED CORRECT ANSWERS |ALREADY GRADED A+ |FLORIDA REAL ESTATE ACTUAL FINAL EXAM | GUARANTEED PASS (BRAND NEW!!) $22.49   Add to cart

Exam (elaborations)

FLORIDA REAL ESTATE EXAM 2 LATEST VERSION 2025 WITH 300 QUESTIONS AND WELL-VERIFIED CORRECT ANSWERS |ALREADY GRADED A+ |FLORIDA REAL ESTATE ACTUAL FINAL EXAM | GUARANTEED PASS (BRAND NEW!!)

 4 views  0 purchase
  • Course
  • Florida real estate
  • Institution
  • Florida Real Estate

FLORIDA REAL ESTATE EXAM 2 LATEST VERSION 2025 WITH 300 QUESTIONS AND WELL-VERIFIED CORRECT ANSWERS |ALREADY GRADED A+ |FLORIDA REAL ESTATE ACTUAL FINAL EXAM 2024- 2025 | GUARANTEED PASS (BRAND NEW!!) Vicky the Viking is a broker who wanted to be the broker of record with a company in Nor...

[Show more]

Preview 4 out of 31  pages

  • November 16, 2024
  • 31
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Florida real estate
  • Florida real estate
avatar-seller
winnieelizabeth424
FLORIDA REAL ESTATE EXAM 2 LATEST VERSION
2025 WITH 300 QUESTIONS AND WELL-VERIFIED
CORRECT ANSWERS |ALREADY GRADED A+
|FLORIDA REAL ESTATE ACTUAL FINAL EXAM 2024-
2025 | GUARANTEED PASS (BRAND NEW!!)




Vicky the Viking is a broker who wanted to be the broker of record with a
company in Northern Florida and also a different brokerage in Southern Florida,
Vicky can - ANSWER- Be issued multiple licenses - one for each brokerage


The Secretary of the DPR is - ANSWER- Appointed by the Governor of Florida
and confirmed by the state senate


If a license has been involuntarily inactive for more than 12 months but less than
24 months; to activate the license, the licensee must - ANSWER- Complete 28
hours of a Commission-prescribed education course


Clara-the-Good's Broker moved her brokerage across town. The change of address
must be updated with the DBPR within how many days? - ANSWER- 10 Days


Humphrey Hughes is a Florida Real Estate Licensee in good standing who is also a
member of the U. S. Armed Forces. When Humphrey is sent overseas for active
duty, what happens to his real estate license? - ANSWER- Humphrey is exempt
from renewal requirements during his active duty and for 2 years after discharge
from active duty.

,If Tommy Duncan intentionally misled the DBPR when Tommy filled out his
application, Tommy would be guilty of - ANSWER- 3rd-degree Felony


The power of the commission to suspend or revoke licenses and issue
administrative fines is an example of what type of power - ANSWER- Quasi-
judicial


Jill passed her real estate sales associate state exam. Which situation would be true
about her license status? - ANSWER- Jill's license would be considered currently
inactive until the DBPR is notified that her license has been placed with an
employing broker.


A license will become null and void in the following circumstances except: -
ANSWER- The license expired in the second renewal period by only 10 months.


If a licensee received their license on July 4th, 2016, when is the end of their first
renewal period? - ANSWER- March 31, 2018


Election of rights includes the following choices - ANSWER- Not to dispute the
allegations and waive the right to be heard; Not to dispute the allegation and
request an informal hearing; or dispute the allegations and request a formal hearing


What does a real estate agent do? - ANSWER- Find a tenant for a property for a
fee.


Who must be paid compensation for completing a BPO? - ANSWER- Broker


Who is a Florida resident according to FREC? - ANSWER- A person who has
resided in Florida at least 4 months in the past year.

,Who is exempt from the post-licensing (45hr) requirement? - ANSWER-
Individuals with a four-year degree or higher in real estate.


Can a broker associate hold more than one broker associate license? - ANSWER-
No


What is prima facie evidence? - ANSWER- A type of evidence, unless refuted by
other evidence will prove the case


When must someone working for an owner-developer have a real estate license? -
ANSWER- When they receive a bonus based on transactions.


A buyer or seller must sign a no brokerage relationship disclosure before the
relationship can be formed - ANSWER- False
What documents must a buyer of a resale condo unit receive? - ANSWER- Most
recent year-end financial report, rules of the association, governance form,
declaration, articles of incorporation, bylaws, FAQ.


Is a Will voluntary or involuntary alienation? - ANSWER- voluntary


What is the PROCESS by which private property is acquired for public use? -
ANSWER- Condemnation


What is the signature requirement for a deed to be valid? - ANSWER- Signed and
properly witnessed.


What type of deed includes the Covenant of Warranty Forever? - ANSWER-
General Warranty Deed

, What document related to the deed restricts what you can do on a property? -
ANSWER- Restrictive Covenants


A broker acts as of a special agent when working to sell a property for a seller or
assist a buyer in purchasing a property - ANSWER- True


An agency relationship continues even upon the occurrence of the death of one of
the parties - ANSWER- False
Seller Skip is in a hurry to sell his home. So, he wants his agent Alan Agent to let
him let buyers know that he will consider all offers. Alan Agent has a transaction
agency with Seller Skip. What should Alan Agent do to adhere to the duty of
limited confidentiality? - ANSWER- Alan Agent should have Seller Skip permit in
writing to disclose to buyers that Seller Skip will consider all offers


Buddy Bear Broker has a sale that failed to close. How long does Buddy Bear
Broker have to keep the applicable disclosure documents? - ANSWER- 5 years


Lou Agent with Top Notch had listed a 100-unit apartment complex for sale. Sam
Agent also with Top Notch Realty had a buyer interested in buying the property.
To work as designated sales associates, what events had to take place? -
ANSWER- Have both the buyer and the seller sign required disclosures describing
the designated sales agency relationship and stating that each the buyer and seller
had assets of $1 million or more


In what type of agency relationship is the client responsible for the acts of the
broker? - ANSWER- Single

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 winnieelizabeth424. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $22.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$22.49
  • (0)
  Add to cart