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Azure Tide Real Estate Exam 1 2023 with 100% correct answers
[Show more]Azure Tide Real Estate Exam 1 2023 with 100% correct answers
[Show more]A tenant was required to pay $1200 as security deposit. Three weeks after making the deposit, the landlord passed along to the tenant by phone the mandatory information concerning his deposit of funds. Why has the landlord violated F.S. 83? 
The landlord failed to notify the tenant in writing of the...
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Add to cartA tenant was required to pay $1200 as security deposit. Three weeks after making the deposit, the landlord passed along to the tenant by phone the mandatory information concerning his deposit of funds. Why has the landlord violated F.S. 83? 
The landlord failed to notify the tenant in writing of the...
4x sold
How is practicing real estate without a license punishable as? 
Third degree felony 
 
 
 
Without written permission, Phillip tells his buyer Tom, that his seller Mark is getting divorced and must sell the property quickly. Phillip is representing both Mark and Tom as a transaction broker. Phillip ...
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Add to cartHow is practicing real estate without a license punishable as? 
Third degree felony 
 
 
 
Without written permission, Phillip tells his buyer Tom, that his seller Mark is getting divorced and must sell the property quickly. Phillip is representing both Mark and Tom as a transaction broker. Phillip ...
1) The following are types of residential construction EXCEPT which one? 
A) Block Homes 
 
 
 
5) Broker Justin Tune had conflicting demands from a buyer and a seller regarding an escrow deposit held by the brokerage. Per his contract with the parties, Justin believed he was entitled to keep 50% of...
Preview 2 out of 7 pages
Add to cart1) The following are types of residential construction EXCEPT which one? 
A) Block Homes 
 
 
 
5) Broker Justin Tune had conflicting demands from a buyer and a seller regarding an escrow deposit held by the brokerage. Per his contract with the parties, Justin believed he was entitled to keep 50% of...
Which group is responsible for the preparation of the comprehensive plan or plan amendment? 
The Planning Commission 
 
 
 
Advertising that discriminates against people based on ________ is prohibited by the Fair Housing Act and its amendments. 
Religion 
 
 
 
Which of the following protects mortg...
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Add to cartWhich group is responsible for the preparation of the comprehensive plan or plan amendment? 
The Planning Commission 
 
 
 
Advertising that discriminates against people based on ________ is prohibited by the Fair Housing Act and its amendments. 
Religion 
 
 
 
Which of the following protects mortg...
Which statement would you advise agent Jerome not use in his listing advertisement due to Fair Housing Laws? 
Within walking distance of the Gulf of Mexico 
 
 
 
Which of the following is correct about the inspection period? 
The buyer may choose to walk away from the contract for any reason. 
 
 
...
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Add to cartWhich statement would you advise agent Jerome not use in his listing advertisement due to Fair Housing Laws? 
Within walking distance of the Gulf of Mexico 
 
 
 
Which of the following is correct about the inspection period? 
The buyer may choose to walk away from the contract for any reason. 
 
 
...
COLD + AC 
 
- C = Care, skill and diligence 
- O = Obedience, 
- L = Loyalty, 
- D = Disclosure, 
- A = Accounting, 
- C = Confidentiality 
 
OR 
 
OLD CAR 
 
- O = Obedience, 
- L = Loyalty, 
- D = Disclosure, 
- C = Confidentiality 
- A = Accounting, 
-R = Reasonable care, skill and diligence 
 
...
Preview 4 out of 95 pages
Add to cartCOLD + AC 
 
- C = Care, skill and diligence 
- O = Obedience, 
- L = Loyalty, 
- D = Disclosure, 
- A = Accounting, 
- C = Confidentiality 
 
OR 
 
OLD CAR 
 
- O = Obedience, 
- L = Loyalty, 
- D = Disclosure, 
- C = Confidentiality 
- A = Accounting, 
-R = Reasonable care, skill and diligence 
 
...
Gross Rental Multiplier (GRM) is an easy-to-use a calculation to get an estimated value for a potential investment. What is the formula used to calculate the GRM value? 
Sale Price (Market Value )/ Gross Monthly Rental Income = Gross Rent Multiplier (GRM) 
 
 
 
Jill bought a house 3 years ago and p...
Preview 2 out of 8 pages
Add to cartGross Rental Multiplier (GRM) is an easy-to-use a calculation to get an estimated value for a potential investment. What is the formula used to calculate the GRM value? 
Sale Price (Market Value )/ Gross Monthly Rental Income = Gross Rent Multiplier (GRM) 
 
 
 
Jill bought a house 3 years ago and p...
Florida real estate sales associate who moves and becomes a nonresident of Florida must notify the Commission of the change of residency within how many days? 
60 
 
 
 
In case of breach by the buyer, most real estate contracts include a provision that the earnest money be regarded as 
Liquidated d...
Preview 2 out of 13 pages
Add to cartFlorida real estate sales associate who moves and becomes a nonresident of Florida must notify the Commission of the change of residency within how many days? 
60 
 
 
 
In case of breach by the buyer, most real estate contracts include a provision that the earnest money be regarded as 
Liquidated d...
Penalties can include: 
Fines - Up to $_______ for each offense; 
License Suspension - Up to _____ years; 
License Revocation - ______________ practice real estate in the state of Florida. 
$5,000 for each offense; 
10 years; 
Permanent loss of the ability to practice real estate in the state of Flo...
Preview 4 out of 75 pages
Add to cartPenalties can include: 
Fines - Up to $_______ for each offense; 
License Suspension - Up to _____ years; 
License Revocation - ______________ practice real estate in the state of Florida. 
$5,000 for each offense; 
10 years; 
Permanent loss of the ability to practice real estate in the state of Flo...
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