Florida Real Estate State Exam Gold Coast Q&A CRAM EXAM 1&2.pdf file:///C:/Users/HP/Desktop/pppppp/Florida%20Real%20Estate%20
Florida Real Estate State Exam Gold Coast Q&A
CRAM EXAM 1&2
1. Abesntee ownership has increased the demand for which area of broker- age
ANS Property management
2. What is a real estate appraiser is paid
ANS A fee based upon time and difficulty of appraisal
3. What does the local planning agency have the authority to approve
ANS A subdivision plat map
4. What is it called when a developer gives land to a governmental body?
ANS Ded- ication
5. What business is a license engaged in who markets, leases and maintains property for
someone else?
ANS Property management
6. In which service of real estate must a licensee disclosure the agency rela- tionship and
the responsibilities of that relationship to the public
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ANS Residential sales
7. Which power authorizes the frec to pass or revise rules
ANS QUASI legislative
8. Would be grounds for suspension or revocation of a real estate license except
ANS Not being a resident of Florida
9. Sandy works as a sales associate for a broker and has been asked to work weekends for
a developer to sell new homes on commission.What must sandy do to work for the
developers
ANS Transfer her license from the broker to owner developer
10. What does the license law require that a licensee complete before the first renewal of a
Florida real estate license
ANS A post licensing course
11. In a brokerage corp, the officers and directors can be active or inactive brokers or
non licensed registeres persons. if someone who is non licensed and registered wants to
become a broker, what must they do?
ANS qualify just as anyone else
12. who would be exempt from the real estate licensing law?
ANS a person who rents mobile home lots
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13. Which entity provides the best protection for the public during a real estate transaction
ANS FREC and the license law
14. Which of the following is a characteristic of the group license
ANS it may be held by a sales associate or broker associate
15. All of the following are exempt from FS 475 EXCEPT
ANS business brokers
16. Complete the sentence. A broker who holds more than one broker license-
ANS holds multiple licenses
17. General partners in a brokerage partership that are not qualified to perform the
services of real estate must be registered
ANS
for identification purposes
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18. Bill's license expired on Sept. 30, 2013. On Feburary 14, 2012 he wants to renew it. If
it is not his first renewal, what must bill do?
ANS late fee and 14 hours of continuing education
19. Ron and his wife each have real estate licenses before he enters the military. Ron is
stationed in Washington, DC. And his wife accompanies him there, if they makw their
licenses inactive>
ANS Ron and his wife are exempt from renewal
20. what is the status of a sales associates license if the sales associate works for a broker
loses his license?
ANS involuntary inactive
21. The Florida Real Estate Commission my do all of the following except
ANS Im- pose imprisonment as a penalty
22. Karls license expired on sept 30 2010. on Feb 10 2014 he wants to activate it again.
Which is correct?
ANS His license is null and void
23. A real estate broker has entered into a single agency relationship with the sellers of a
three bedroom, two-bath house. One of the agents in that brokers office has found an
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