Exam (elaborations)
AZURE TIDE REALTY QUESTIONS AND ANSWERS
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AZURE TIDE REALTY QUESTIONS AND ANSWERS
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AZURE TIDE REALTY QUESTIONS AND ANSWERSA Real Estate brokerage is a business where
sales associates provide real estate services to
clients for compensation.
T/F - Answers-F
Conducting a Real Estate Appraisal is the
process of estimating the value of real estate.
T/F - Answers-T
Real estate licensees may not appraise real
property per the Florida Real Estate
Commission rules.
T/F - Answers-F
USPAP Ethics rule regarding compensation
states that the payment of undisclosed fees,
commissions, or things of value in connection
with the procurement of an assignment is
unethical.
T/F - Answers-T
The phases of development and construction
that each project goes through include Land
Acquisition, Subdividing and Development, and
Recording of the Plat Map.
T/F - Answers-T
Developers often sell land to a governmental
body for public use when developing land.
T/F - Answers-F
Per Florida Statutes 177.091, plat maps must
be recorded into the public records.
T/F - Answers-T
A farm area is an area/neighborhood picked by
a licensee to market to on a very regular basis.
, T/F - Answers-T
Real Estate licensees are allowed to sell a
business opportunity only if the real estate is
sold along with the business.
T/F - Answers-F
Rental agents collect a fee for finding a tenant
for a landlord while Property Managers do so as
well but continue to manage the property once
a tenant is found.
T/F - Answers-T
Real Estate Licensee Lucy decided to target a
specific area near her own home and began
making consistent marketing touches to
cultivate buyers and sellers. What is this
process known as?
A. Canvassing
B. Farming
C. Plottage
D. Blockbusting - Answers-B
Ray owns a piece of real estate in Florida, but
he lives in South Carolina with his family. He
has hired a property manager, Jess, to manage
the property for him. Ray would be considered
what kind of owner?
A. Rental
B. Absentee
C. Absolute
D. Out-of-State - Answers-B
Generally, real estate agents perform a
comparative market analysis for their clients to
accomplish which one of the following goals?
A. Help them determine a
price to list when selling a home or a price to offer
when buying a home
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