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FL Real Estate Exam 2024| Questions and 100% Correct Answers
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FL Real Estate Exam 2024| Questions and 100% Correct Answers
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FL Real Estate Exam 2024| Questionsand 100% Correct Answers
A real estate salesperson can draw up a lease - ✔✔only if she uses a particular
form in residential transaction
Why does the prime meridian and the base line intersect in Tallhassee? -
✔✔because this was the point dictated by the federal government
When evaluating a business, the difference between asset and liabilities is -
✔✔net worth
, How many square miles in a section? - ✔✔1
The recipient of a POA - ✔✔is called an attorney in fact
The naval base in pensacola is - ✔✔a base industry
Who can bid at a foreclosure auction - ✔✔the mortgagee, the mortgagor, a
realtor with an active FREL
When money is paid out of the Real Estate Recovery Fund, on behalf of a Florida
real estate - ✔✔The licensees license will be automatically suspended
the maximum amount that can be reimbursed in any single transaction is 50k
All of the above
Which of the following is true regarding the Florida Real Estate Commission: -
✔✔2 members do not have a florida real estate license
The fair housing act prohibits discrimination based on - ✔✔race, color,
religion, national origin, sex, familial status, handicap
a piece of property that is 400 feet by 324 feet is - ✔✔3 acres
The truth in Lending Act: - ✔✔gives a consumer the right to rescind a
mortgage secured by his homestead
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