Florida License Practice Test Questions and Answers
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Course
2025 Tests
Institution
2025 Tests
Florida License Practice Test Questions
and Answers
What provides the strongest evidence of marketable title? - ANSWER-Title insurance
The loan-to-value ratio is used as an underwriting mechanism because - ANSWER-the loan amount
needs to be less than the property's value
What are "tenant impro...
A property owner is precluded by deed restriction from developing a thirty foot boat dock. The limitation
prompts the owner to sell to another party. The new owner - ANSWER✔✔-takes title subject to the
same restriction
The income capitalization approach to appraising value is most applicable for which of the following
property types? - ANSWER✔✔-Apartment buildings
A farmer temporarily installs produce coolers in a leased farm stand in order to prevent spoilage. The
coolers would be considered which of the following? - ANSWER✔✔-Trade fixtures that are personal
property.
A condominium owner enjoys a - ANSWER✔✔-fee simple ownership of the airspace in a unit and an
undivided share of the entire property's common areas.
It is permissible for real estate licensees to draft - ANSWER✔✔-no legal documents
Property can be converted from real to personal property and from personal property to real property
by means of which processes, respectively? - ANSWER✔✔-Severance and affixing
Maria acquires a property from her uncle Alfonso. When Maria dies, the estate will pass to Alfonso's
other niece, Serena. The type of estate that Maria has in the property is a - ANSWER✔✔-conventional
life estate
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