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FLORIDA REAL ESTATE ACTUAL EXAM WITH 1000+ REAL QUESTIONS AND VERIFIED CORRECT ANSWERS |ALREADY GRADED A+ |GUARANTEED SUCCESS |FLORIDA REAL ESTATE LATEST FINAL EXAM [BRAND NEW$31.49
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FLORIDA REAL ESTATE ACTUAL EXAM WITH 1000+ REAL QUESTIONS AND VERIFIED CORRECT ANSWERS |ALREADY GRADED A+ |GUARANTEED SUCCESS |FLORIDA REAL ESTATE LATEST FINAL EXAM [BRAND NEW
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Course
Florida real estate
Institution
Florida Real Estate
FLORIDA REAL ESTATE ACTUAL EXAM
WITH 1000+ REAL QUESTIONS AND
VERIFIED CORRECT ANSWERS |ALREADY
GRADED A+ |GUARANTEED SUCCESS
|FLORIDA REAL ESTATE LATEST FINAL
EXAM [BRAND NEW]
The product that a real estate sales associate must market is - ANSWER- Expert
Information
What are three a...
FLORIDA REAL ESTATE ACTUAL EXAM
WITH 1000+ REAL QUESTIONS AND
VERIFIED CORRECT ANSWERS |ALREADY
GRADED A+ |GUARANTEED SUCCESS
|FLORIDA REAL ESTATE LATEST FINAL
EXAM 2024-2025 [BRAND NEW]
The product that a real estate sales associate must market is - ANSWER- Expert
Information
What are three areas of expertise that real estate licensees bring to the transaction -
ANSWER- Property Transfer, market conditions, how to market real estate and
businesses
The scope of work a property manager performs is detailed in the What? -
ANSWER- Management agreement
A state-certified or licensed appraiser must conduct an appraisal when the
valuation assignment involves originating a ______ ______ mortgage - ANSWER-
Federally Related
If a sales associate performs BPO, the compensation must be paid to the _____ and
not ____ to the sales associate who prepared the BPO. - ANSWER- Broker,
directly
,Anyone who residential mortgage loan applications or offers to negotiate the terms
of residential mortgage loan applications for compensation must be licensed as a -
ANSWER- Mortgage loan originator
Real estate licensees may not accept ________ ______ from lenders without also
being licensed as mortgage loan originators. - ANSWER- Referral Fees
What are the three general phases of development and construction? - ANSWER-
Land acquisition, subdividing and development, recording the subdivision plat map
A gift of land by a developer to local government to be used for public use. -
ANSWER- Dedication
What are three categories of residential construction - ANSWER- Speculative
(spec) homes, custom homes, tract homes
What best describes who must be licensed to practice real estate in Florida? -
ANSWER- Anyone who performs any of the services of real estate for another for
compensation, unless specifically exempted by law.
What individual is not exempt from licensure under F.S 475? - ANSWER- An
employee of a real estate developer who receives a salary plus bonuses based on
sales quotas
A salaried individual manages a condominium building and rents units for three-
month to six-month periods. The manager is - ANSWER- exempt from licensure
under F.S. 475
Five major sales specialties - ANSWER- Residential, commercial, industrial,
agricultural, business
,Real estate sales associates often specialize in a particular geographic area or
property type called a - ANSWER- Farm area
What type of easement gives an electric company the authority to install and
maintain electric power lines? - ANSWER- in gross
The government may take the property of an owner who has died without heirs
through a process called - ANSWER- escheat
For a deed to be valid, a competent - ANSWER- grantor and two witnesses must
sign the instrument.
The type or form of deed most commonly used to clear clouds on the title of real
property is the - ANSWER- quitclaim deed
The process of taking property under the power of eminent domain is called -
ANSWER- condemnation
The type of deed in which the grantor does not warrant the title in any manner
except against the grantor's acts or the acts of the grantor's representatives is called
a - ANSWER- special warranty deed
The covenant against encumbrances in a deed is designed to guarantee that the -
ANSWER- grantor has not encumbered the property in any manner except as
noted on the deed
, In answering questions pertaining to the quality of the title, real estate licensees are
- ANSWER- required to advise prospective buyers to have a lawyer render an
opinion or obtain title insurance
The provision in a deed that names the parties and contains the granting clause is
the - ANSWER- premises
An owner placed a condition in the deed stipulating that a commercial building
could not be erected on the property until at least the year 2025. This is an example
of - ANSWER- a deed restriction
An example of an encumbrance on title to real property does not include -
ANSWER- the loan balance and is not transferable
What lien is first in priority? - ANSWER- liens that are effective first of year
1/1/20
During a survey, a couple found that the neighbor's garage was three inches inside
the west boundary of their lot. This is an example of - ANSWER- an encroachment
When a pathway to a property has been used continuously and without interruption
for more than 20 years, it creates an - ANSWER- easement by prescription
What involves developing a database of prospects to direct a specific message? -
ANSWER- Target marketing
A property owner who does not reside on the property and who often relies on a
professional property manager to manage the investment. - ANSWER- Absentee
owner
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