Fl real estate chapter 2 - Study guides, Class notes & Summaries
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FL REAL ESTATE CHAPTER 2 Questions And Answers Graded A+ 2024/2025
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FL REAL ESTATE CHAPTER 2 Questions And Answers Graded A+ 2024/2025
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FL REAL ESTATE CHAPTER 2 ( 100% VERIFIED ANSWERS)
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1. The Florida Real Estate Commission was first created in what year? 
(a) 1932 
(b) 1925 
(c) 1923 
(d) 1919 Your answer: B 
The first Florida Real Estate Commission was created in 1925 to administer and enforce the law, streamlining the process by removing the necessity for court enforcement. 
Reference: Chapter 2, Real Estate License Law, History of the Law 
 
2. What is the purpose of the real estate license law? 
(a) To protect the public 
(b) To protect licensees 
(c) To clarify the law ...
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FL R.E.I. Pre License Exam Non-State TLO 1 Test Review Questions and Correct Answers.
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FL R.E.I. Pre License Exam Non-State TLO 1 Test Review Questions and Correct Answers. 
 
A developer submits a "___________-________________ ________________ ___________ to the "local legislative body" (county commission or city council) for approval. The __________ ___________ is then recorded in public records of the county 
A developer submits a "Sub-Division Plat Map" to the "local legislative body" (county commission or city council) for approval. The plat map is then recorded in pub...
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FL REAL ESTATE LAWS QUESTIONS AND ANSWERS 100% PASS
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FL REAL ESTATE LAWS QUESTIONS AND 
ANSWERS 100% PASS 
The Real Estate License Law - Correct Answer ️️ -1. Protect consumers from loss 
because of dishonest and incompetent real estate sales associates 
2. Protect the good standing of ethical associates from the adverse publicity caused by 
unprincipled licensees 
Florida Real Estate Commission (FREC) - Correct Answer ️️ -consists of seven 
members appointed by the governor and confirmed by the state Senate. The 
Commission is composed of...
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1 FLORIDA REAL ESTATE STATE EXAM PREP QUESTIONS AND ANSWERS, | LATEST UPDATES/ COMPLETE EXAM PREDICTION PAPER |GRADED A+
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1 FLORIDA REAL ESTATE STATE EXAM PREP QUESTIONS 
AND ANSWERS, GRADED A+ 
Joint Ventures - -is a temporary form of business arrangement often encountered in real estate 
business. 
Trade Names - -is a business name other than the legal name of the person doing business. The 
letters T/A are used to indicate "trading as." 
Chapter 120, F.S. - -Administrative Procedures Act 
Chapter 455, F.S. - -Regulation of Professional and Occupations 
Chapter 28, Sections 101-110 - -Division of Administrat...
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Florida Real Estate State Exam Prep Questions and Answers
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Florida Real Estate State Exam Prep 
Questions and Answers 
Joint Ventures - Correct Answer ️️ -is a temporary form of business arrangement often 
encountered in real estate business. 
Trade Names - Correct Answer ️️ -is a business name other than the legal name of 
the person doing business. The letters T/A are used to indicate "trading as." 
Chapter 120, F.S. - Correct Answer ️️ -Administrative Procedures Act 
Chapter 455, F.S. - Correct Answer ️️ -Regulation of Professional ...
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Florida Real Estate State Exam Prep Questions And Answers Latest Updates
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Americans with Disabilities Act of 1990 - ️️removes barriers that prevent qualified 
individuals with disabilities from enjoying the same opportunities that are available to 
persons without disabilities. The Act prohibits discrimination in places of PUBLIC 
ACCOMIDATIONS and in commercial facilities. 
Accumulation of the Recovery Fund - ️️total of $1 million is the limit for fund at any 
one time. 
Accumulated by charging Licensees a Recovery Fund Fee when a new lic is issued or 
renewe...
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Florida Real Estate Pre-Licensing Exam Review Questions and answers, VERIFIED/
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Florida Real Estate Pre-Licensing Exam 
Review Questions and answers, 
VERIFIED/ 
There is a presumption in FL law that business have some sort of real property attached either land or 
physical improvements for this reason in FL for this reason a ____ is required. - a real estate license 
is required 
Which of the following evaluations needs a services or certified appraiser? - Appraisal from a 
federal loan 
To reduce potential liability real estate professional should avoid giving informa...
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Florida Real Estate State Exam Prep Questions and Answers
- Exam (elaborations) • 17 pages • 2024
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Florida Real Estate State Exam Prep 
Questions and Answers 
Joint Ventures - Correct Answer ️️ -is a temporary form of business arrangement often 
encountered in real estate business. 
Trade Names - Correct Answer ️️ -is a business name other than the legal name of 
the person doing business. The letters T/A are used to indicate "trading as." 
Chapter 120, F.S. - Correct Answer ️️ -Administrative Procedures Act 
Chapter 455, F.S. - Correct Answer ️️ -Regulation of Professional ...
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Florida Real Estate State Exam Prep
- Other • 11 pages • 2023
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Joint Ventures - Answer- is a temporary form of business arrangement often encountered in real estate business. 
 
Trade Names - Answer- is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." 
 
Chapter 120, F.S. - Answer- Administrative Procedures Act 
 
Chapter 455, F.S. - Answer- Regulation of Professional and Occupations 
 
Chapter 28, Sections 101-110 - Answer- Division of Administrative Hearings (DOAH Rules), Florida ...
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