Florida Real Estate Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A
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Course
Florida Real Estate
Institution
Florida Real Estate
Florida Real Estate Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A
Q: Florida Real estate sales associates that desire to become brokers must wait _______ ________ before taking the state exam.
Answer:
one year
Q: A tenant in an apartment compl...
Florida Real Estate Exam (Latest 2023/ 2024 Update) Questions and Verified Ans wers| 100% Correct | Grade A Q: Florida Real estate sales associates that desire to become brokers must wait _______ ________ before taking the state exam. Answer: one year Q: A tenant in an apartment complex may recieve up to ______ for refferal of a new tenant for the same complex. Answer: $50 Q: ________ ________ education must be completed during the initial sales associates's license period. Answer: Post Licensing Q: Owner -employers of licensed real estate sales associates are allowed to pay them: a. on a salary basis only b. on a commision basis only c. a commission , but not a bonus d. a commission or salary Answer: d. a commission or salary Q: To qualify for a real estate broker's license, an applicant must have been employed for a minimum of: a. 6 months under one actively licensed broker b. 12 months under one actively licensed broker c. 12 months under 1 or more actively licensed brokers d. 6 months under 1 or more actively lisenced broker Answer: c. 12 months under 1 or more actively licensed brokers Q: How many hours of postlicense education are required to renew a brokers license? Answer: 60 hours Q: How long can an voluntary inactive licencee remain in that lisence status? Answer: indefinately Q: The agreement the state of Florida has w/ some other states that recognises the similarity in education and experience required of licencees is called: a.reciprocity b. mutual recognition c. cooperative licensure d. intrastate licensing Answer: b. mutual recognition Q: A plumber has been appointed by a court to appraise a small business. The plumber....... a. is in violation of F.S. 475 b. is allowed to charge a commission c. may do so and be paid a fee d. must first be licensed under F.S. 475, Part II Answer: c. may do so and be paid a fee Q: A Georgia Auctioneer was asked by a local real estate broker to auction a small motel in Jacksonville. The auction did not result in a sale. The Florida broker paid the auctioneer for out -
of-pocket expenses, but did not pay a commission. It would be correc t to say that the: a. Georgia Autioneer violated the license law b. Florida Broker did not violate the license law c. Florida broker is not subject to discipline by the Florida real estate commision d. tranaction is perfectly within the license law Answer: a. Georgia Autioneer violated the license law Q: The Commission's ability to impose disciplinary actions against licensees is known as ______ _________ power Answer: quasi - judicial Q: The rule -making authority of the FREC is called ______ _________ power Answer: quasi - legislative Q: Members of the Florida Real estate Commission may serve no more than _____ consecutive terms Answer: 2 Q: A licensee that fails to renew when required to do so will have his or her license placed on _______ ________ Answer: involuntary Inactive Q: Licensees that are members of the armed forces have all fees, dues and other requirements waived during their military service and for _____ months after returning to civilian life Answer:
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