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Bob Hogue - Pre Lic. Test Questions With 100% DETAILED CORRECT ANSWERS
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JACKLINEBob Hogue - Pre Lic. Test Questions With 100% DETAILED CORRECT ANSWERS
Terms in this set (376)
Which statement concerning broker's price opinions A
(BPOs) is TRUE?
A) The payment for a BPO must be paid to the
broker and not directly to the sales associate who
prepared the BPO.
B) A broker's license is required to conduct a BPO.
C) A BPO is also referred to as an appraisal of real
property.
D) All BPOs must conform to Uniform Standards of
Professional Appraisal Practice (USPAP).
Which document would contain information B
regarding the architectural design standards that
must be used in a particular subdivision?
A) Zoning code
B) Restrictive covenants
Bob Hogue - Pre Lic. Test Questions
C) Subdivision plat map
D) Building code book
,Which property is defined as residential real estate C
under Chapter 475, Florida statutes?
A) Fifty-unit apartment complex
B) Neighborhood grocery store
C) Eight acres of agricultural property
D) Local elementary school
A map that indicates the size and location of C
individual lots, streets, and public utilities within a
new development is called a(n)
A) elevation.
B) architectural drawing.
C) subdivision plat map.
D) topography map.
A couple tours several model homes in a new B
subdivision. The couple decides to purchase one of
the available lots and have the builder construct
one of the model floor plans on the lot. Which type
of construction is this?
A) Modular home
B) Tract home
C) Custom home
D) Contract home
In which way does state government influence the A
real estate business?
A) Identification of coastal regions
B) Property taxation
C) Occupational licensing
D) Zoning
What type of license or other credential is required B
for an individual to engage in the sale, purchase, or
lease of businesses for others?
A) Commercial business license
B) Real estate license
C) Business broker license
D) Member of national association of business
brokers Bob Hogue - Pre Lic. Test Questions
,Which instrument can be used by a property owner C
to control how a particular parcel of real property
may be utilized by future property owners?
A) Special exception
B) Zoning code
C) Deed restrictions
D) Restrictive covenants
A marketing tool used by real estate licensees in the B
process of soliciting for listings that is intended to
help sellers determine an asking price is known as
a(n)
A) appraisal report.
B) comparative market analysis.
C) appraisal.
D) federally related transaction.
A developer transfers to the city privately owned C
streets in a subdivision with the agreement that the
city will maintain the streets in the future. This
process is known as
A) entrepreneurship.
B) eminent domain.
C) dedication.
D) land acquisition.
Which property would be defined as agricultural D
property under Chapter 475 of the Florida statutes?
A) A farm house and five-acre ranch
B) The sale of a rural grocery store
C) Warehouses for storing agricultural products in
an industrial park
D) 15 acres of undeveloped agricultural land
Bob Hogue - Pre Lic. Test Questions
, The sales associate that worked with the buyer in D
the transaction sets up an appointment with the
buyers to visit them six weeks after the sale. The
sales associate routinely makes a visit after the title
closing to thank the buyers for choosing her real
estate company and to extend an offer to help with
the buyers' future real estate needs. What type of
service is the sales associate providing?
A)Delayed customer contact
B)Door-to-door sales
C)Final walk-through and property inspection
D)Follow-up
Which individual must hold a Florida real estate D
license?
A) Individual who sells cemetery lots
B) Individual who rents lots in a mobile home park
C)Salesperson who works for a real estate
developer and is paid a salary
D)Lawyer who receives a share of the commission
for each transaction resulting from the referral of a
client to a local brokerage office
An applicant has been issued a broker's license. The C
broker licensee does not want to own her own real
estate brokerage business. The licensee went to
work selling real estate under another broker. She is
BEST described as a
A) broker.
B) staff worker.
C) broker associate.
D) sales associate.
"Nolo contendere" is a term that means B
A) no one witnessed the signature.
B) no contest.
C) no compensation is paid for services.
D) property was seized from the owner.
Bob Hogue - Pre Lic. Test Questions
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