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AZURE TIDE REAL ESTATE EXAM 2023 WITH 100% CORRECT ANSWERS
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AZURE TIDE REAL ESTATE EXAM 2023 WITH 100% CORRECT ANSWERS
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AZURE TIDE REAL ESTATE EXAM 2023 WITH 100%CORRECT ANSWERS
A tenant was required to pay $1200 as security deposit. Three weeks after making the deposit,
the landlord passed along to the tenant by phone the mandatory information concerning his
deposit of funds. Why has the landlord violated F.S. 83? - -The landlord failed to notify the
tenant in writing of the bank name, address, and other information regarding the deposit
-Sales associate Donald hired Sam as a personal assistant. Sam normally spent his day
preparing marketing material under the direction of Sam. However, when Donald was out of
town, Sam handled transported a contract to Donalds sellers to get it signed. What describes
this situation? - -This is a legal act as long as he acted only as a courier
-Which property is exempt from property taxes?
1) Church
2) County courthouse
3) Public school
4) Air force base - -Church
-If the Federal Reserve votes to raise the discount rate, how will this likely affect interest rates
on short-term credit?
1) They will likely increase
2) They will likely decrease
3) There will likely be no effect because the discount rate affects mortgage rates only
4) There will likely be no effect on short-term rates because the discount rate is charged directly
to borrowers - -They will likely increase
-When complaints of an alleged violation of the Florida statute, DBPR rule, or FREC rule; the
following steps are taken in the following order
1) A complaint is filed, an investigation of the complaint is made, an informal hearing is
conducted, a probable cause hearing is held, a formal complaint is issued if probable cause was
found, a formal hearing is conducted, a final order is issued and finally a Judicial review is made
(if initiated by the licensee)
2) A complaint is filed, an investigation of the complaint is made, a probable cause
determination is made, a formal complaint is issued if probable cause was found, an informal
hearing or formal hearing is conducted, a final order is issued and finally a Judicial review is
made (if initiated by the licensee)
3) A formal complaint is issued, an investigation of the complaint is made, a probable cause
determination is made, an informal hearing or formal hearing is - -A complaint is filed, an
, investigation of the complaint is made, a probable cause determination is made, a formal
complaint is issued if probable cause was found, an informal hearing or formal hearing is
conducted, a final order is issued and finally a Judicial review is made (if initiated by the
licensee)
-The constitutional homestead law protects real property from forced sale to satisfy which type
of delinquent debt? - -1) Real property taxes
2) Mortgage lien on the homesteaded property
3) Construction lien for home improvements
4) Credit card debt
-The federal telemarketing laws restricts telephone solicitation calls to what hours?
1) 8:00 AM to 5:00 PM
2) 8:00 AM to 6:00 PM
3) 8:00 AM to 9:00 PM
4) 9:00 AM to 8:00 PM - -8:00 AM to 9:00 PM
-Which lien is an example of a superior lien?
1) Judgment
2) Income tax
3) Vendor
4) Special assessment - -Special assessment
-If a tenant vacates rented premises at the end of a lease, how many days does the landlord
have by law to notify the tenant if the landlord intends to claim part of the tenants security
deposit? - -30 DAYS
-An appraiser is estimating the value of a villa with an attached garage. She found three
comparable villas however none of the comps have pools only carports. The appraiser
estimates that the garage has a value of $18,000. How would the difference be handled?
1) Add $18,000 to the mid-priced comp only
2) Add $18,000 to all the comps
3) Subtract $18,000 from all the comps
4) Subtract $18,000 from the subject property - -Add $18,000 to all the comps
-Which is not a remedy for breach of contract?
1) Compensatory damages
2) Specific performance
3) Liquidated damages
4) Mitigated performance - -Mitigated performance
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