Florida Real Estate STATE exam Questions and Answers (100% Pass)
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Course
Florida Real Estate STATE
Institution
Florida Real Estate STATE
The best protection that the public has during a Real Estate transaction is
(are)
A. The national and state association of REALTORS
B. The punishment of licensees dealing dishonesty
C. the high ethical standards of real estate agents
D. FREC and the license law
D. FREC and the license law
...
A broker owes which duty to a customer? What should he disclose?
✓ Known Facts affecting the value of the residential property
Sale associate works for a broker and receives an escrow deposit when
should he deliver it?
✓ To his broker immediately (next business day)
Listings obtained by a sales associate become property of whom?
✓ Employing broker
Jim failed his state exam twice and believes some of the questions that he
answered were indeed correct. He can write a written obligation for
consideration for the questions to whom?
✓ FREC Validation Committee
Which Florida law prohibits a lender from refinancing a loan to the same
borrower within the first 18 months of making a loan, if doing so does NOT
reasonably benefit the borrower
✓ Florida Fair Lending Act
Master01 |Excellent Study Material| Latest update
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