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Final Test Questions (Bob Hogue 2017) With Questions And 100% SURE ANSWERS
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Final Test Questions (Bob Hogue 2017) With Questions And 100% SURE ANSWERS
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JACKLINEFinal Test Questions (Bob Hogue 2017) With Questions And 100% SURE
ANSWERS
Terms in this set (87)
Comparative Market Analysis (CMA) Marketing tool and may not be referred to or represented as an appraisal
Follow UP Whats sales associates do for buyers and sellers after the sale
Which is NOT a category of real estate licenses Sales Associate; Broker; Broker Associate
question? These 3 are
Which does NOT need to be disclosed for Parking, Speeding, inspections, or traffic signal violations
Background Check?
What is required by Mutual Recognition applicants? 75% or higher required to pass exam
How long is a license valid on a real estate 2 years
application?
Who is exemptFinal TestReal
from having Questions (Bob
Estate License? Hogue 2017)
A person who has been given POA
, What power does FREC have? (#31) Quasi-Judical
The DBPR may issue a temporary real estate license Spouse of active duty who transfers to Florida expires after 6 months and is NOT Renewable
to which? (#25)
A person who no longer wants to engage in the real True Statement
estate business can voluntarily relinquish or cancel
the license, provided there is no investigation or
disciplinary proceeding pending against the license
(#79)
Broker who qualifies as the broker for more than Multiple Licenses
one business entity?
How should a buyer respond to a for-sale-by- Caveat Emptor ( buyer beware)
owner?
How long must Brokers retain Disclosure 5 years in a secured location
Documents?
What happens in a non-residential real estate The broker will assign two sales associates in such an arrangement and they are called designated
transaction where the buyer and the seller each sales associates
have 1 million or more in assets?
Death of a sellers broker or the seller before the broker finds a ready, willing and able buyer.
A brokerage relationship b/w a principal (or a
Death of the buyers brokers or the buyer before the broker finds a suitable property for the buyer
customer) and a broker may be terminated by: (Is a
Destruction of the property
NOT Question on Test)
Bankruptcy of the principal or the customer
The names of the sales and brokers associates are not required but the Trade name or Brokers name
What don't you have to put on an office sign?
is required
Which of the following is a true statement about Violators may be fined $10,000 per call
Florida Telemarketing?
When a sales associate receives an earnest money Give to the broker w/n 24 hours and then the Broker has 3 business days to put into an escrow
deposit what must he do? account
With in how many days must a Broker notify the 10 business days
commission about an EDO?
Sale a used condo give buyer the docs. After they Answer is 2 Days!!
receive the docs how many days do they have to
Final Test
cancel? (Test Question #61) Questions (Bob Hogue 2017)
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