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Bob Hogue - Pre Lic. Test Questions & ANSWERS SOLVED 100% CORRECT!!.
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Bob Hogue - Pre Lic. Test Questions & ANSWERS SOLVED 100- CORRECT!!.
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Bob Hogue - Pre Lic. Test Questions &ANSWERS SOLVED 100% CORRECT!!
Which ,statement ,concerning ,broker's ,price ,opinions ,(BPOs) ,is ,TRUE?
A) ,The ,payment ,for ,a ,BPO ,must ,be ,paid ,to ,the ,broker ,and ,not ,directly ,to ,the ,sales ,associate ,who ,p
repared ,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). ,- ,
(correct ,answer) ,-A
Which ,document ,would ,contain ,information ,regarding ,the ,architectural ,design ,standards ,that ,must ,
be ,used ,in ,a ,particular ,subdivision?
A) ,Zoning ,code
B) ,Restrictive ,covenants
C) ,Subdivision ,plat ,map
D) ,Building ,code ,book ,- ,(correct ,answer) ,-B
Which ,property ,is ,defined ,as ,residential ,real ,estate ,under ,Chapter ,475, ,Florida ,statutes?
A) ,Fifty-unit ,apartment ,complex
B) ,Neighborhood ,grocery ,store
C) ,Eight ,acres ,of ,agricultural ,property
,D) ,Local ,elementary ,school ,- ,(correct ,answer) ,-C
A ,map ,that ,indicates ,the ,size ,and ,location ,of ,individual ,lots, ,streets, ,and ,public ,utilities ,within ,a ,ne
w ,development ,is ,called ,a(n)
A) ,elevation.
B) ,architectural ,drawing.
C) ,subdivision ,plat ,map.
D) ,topography ,map. ,- ,(correct ,answer) ,-C
A ,couple ,tours ,several ,model ,homes ,in ,a ,new ,subdivision. ,The ,couple ,decides ,to ,purchase ,one ,of ,th
e ,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 ,- ,(correct ,answer) ,-B
In ,which ,way ,does ,state ,government ,influence ,the ,real ,estate ,business?
A) ,Identification ,of ,coastal ,regions
B) ,Property ,taxation
C) ,Occupational ,licensing
D) ,Zoning ,- ,(correct ,answer) ,-A
What ,type ,of ,license ,or ,other ,credential ,is ,required ,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 ,- ,(correct ,answer) ,-B
Which ,instrument ,can ,be ,used ,by ,a ,property ,owner ,to ,control ,how ,a ,particular ,parcel ,of ,real ,prope
rty ,may ,be ,utilized ,by ,future ,property ,owners?
,A) ,Special ,exception
B) ,Zoning ,code
C) ,Deed ,restrictions
D) ,Restrictive ,covenants ,- ,(correct ,answer) ,-C
A ,marketing ,tool ,used ,by ,real ,estate ,licensees ,in ,the ,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. ,- ,(correct ,answer) ,-B
A ,developer ,transfers ,to ,the ,city ,privately ,owned ,streets ,in ,a ,subdivision ,with ,the ,agreement ,that ,t
he ,city ,will ,maintain ,the ,streets ,in ,the ,future. ,This ,process ,is ,known ,as
A) ,entrepreneurship.
B) ,eminent ,domain.
C) ,dedication.
D) ,land ,acquisition. ,- ,(correct ,answer) ,-C
Which ,property ,would ,be ,defined ,as ,agricultural ,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 ,- ,(correct ,answer) ,-D
The ,sales ,associate ,that ,worked ,with ,the ,buyer ,in ,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 ,titl
e ,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 ,- ,(correct ,answer) ,-D
Which ,individual ,must ,hold ,a ,Florida ,real ,estate ,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 ,- ,(correct ,answer) ,-D
An ,applicant ,has ,been ,issued ,a ,broker's ,license. ,The ,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. ,- ,(correct ,answer) ,-C
"Nolo ,contendere" ,is ,a ,term ,that ,means
A)no ,one ,witnessed ,the ,signature.
B)no ,contest.
C)no ,compensation ,is ,paid ,for ,services.
D)property ,was ,seized ,from ,the ,owner. ,- ,(correct ,answer) ,-B
Which ,individual ,is ,NOT ,exempt ,from ,holding ,a ,Florida ,real ,estate ,license?
A)An ,individual ,who ,appraises ,railroad ,property ,for ,tax ,purposes
B)A ,salaried ,employee ,who ,works ,as ,a ,manager ,of ,a ,condominium ,complex ,and ,rents ,individual ,uni
ts ,for ,periods ,of ,one ,year ,or ,less
C)Certified ,public ,account ,
(CPA) ,who ,is ,employed ,by ,a ,real ,estate ,corporation ,and ,receives ,a ,salary ,plus ,bonuses ,based ,on ,rea
l ,estate ,transactions
D)A ,person ,who ,sells ,cemetery ,lots ,- ,(correct ,answer) ,-C
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