Florida Real Estate 63 -Hour Course Questions and Answers | 100% correct Sarah holds a real estate license. She was asked to appraise a property. She can do so provided Sarah 1) Does not represent herself as state -certified, registered or licensed appraiser; does not accept a fee; and follows USPAP standards 2) Does not represent herself as state -certified, registered or li censed appraiser; does not accept a fee based on the appraised value; is not doing it for a federally related transaction, and follows USPAP standards 3) Does so only by using the comparative market analysis or broker price opinion format 4) Does so only f or a federally related transaction - Answer 2 State -certified, licensed and registered appraisers are regulated by 1) The Florida Real Estate Commission 2) The Florida Real Estate Appraisal Board 3) Division of Real Estate 4) The Appraiser's Conferen ce and Standards Commission - Answer 2 Nick Slick is a property manager for Tony Tiger. Nick's main objective as a property manager is to 1) Obtain a renter for Tony Tiger's property 2) Advertise that Tony Tiger has a property available for rent 3) Collect rental payments and maintaining escrow accounts per the law 4) Protect and maintain Tony Tiger's property while maximizing Tony Tiger's return on the investment. - Answer 4 Exper t information is the product that a broker, sales associate, or broker associate must market and contribute to a real estate transaction in all of the following areas except: 1) Knowledge of property transfer 2) Knowledge of estate management 3) Knowledg e of market conditions 4) Knowledge of how to market real estate - Answer 2 Which real estate specialty handles properties designed for retail locations, restaurants, and professional offices? 1) Residential 2) Commercial 3) Industrial 4) Agricultura l - Answer 2 Which real estate specialty generally consists of properties used for manufacturing, recycling, and distribution businesses? 1) Residential 2) Commercial 3) Industrial 4) Agricultural - Answer 3 Mick visited a neighborhood that was being developed by Fred Flintstone. Developer Fred let Mick describe the home of Mick's dreams and then Fred built it for Mick. This type of construction is called 1) Tract 2) Spec 3) Custom 4) Dedication - Answer 3
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