Florida Real Estate Exam Pt 3.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20Ex
Florida Real Estate Exam Pt 3 Verified Questions &
Answers
1. Raising the professional and ethical standards of real estate licensees is one goal of
the
Answer National Association of Realtors.
2. Karen's sales specialty involves the knowledge of regulated land use, envi- ronmental
considerations, transportation, labor costs and utility charges. Her field of specialty is
Answer industrial.
3. A property manager generally does all of these except
Answer representation of the tenant.
4. USA Bank contacted Aubrey, a sales associate with Blue Skies Realty, to do a Broker Price
Opinion (BPO). The fee for the BPO was small so the bank paid Aubrey directly.This is
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,Florida Real Estate Exam Pt 3.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20Ex
Answer illegal, since sales associate violated Chapter 475, F.S.
5. A post-licensing education course must be successfully completed by sales associates
Answer before the first renewal of their license.
6. If a sales associate does not successfully complete the post-licensing course
requirement but wants to remain in the real estate business, he or she is required to
requalify for licensure by
Answer repeating the pre-licensure class and passing the end-of-course examination as well as
the state licensure examination again.
7. The Florida Statutes that define the general legal practice and procedure for the
Department of Business and Professional Regulation (DBPR) and the licensees of all
professions, including real estate, are Chapter 475 and Chapter
Answer 455
8. Julie is employed by Sand Dollar Syndicators. She sells and leases only properties
owned by Sand Dollar. Her earnings are based on her sale and lease activity. According to
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Florida Law, is Julie exempt from licensing require- ments?
Answer No, she must comply with all licensing requirements.
9. Which Florida Statute gives the Florida Real Estate Commission the author- ity to
discipline Florida-licensed real estate professionals?
Answer Chapter 455
10. Doug, a real estate broker, is convinced that a rule or guideline that signif- icantly
affects him is not valid and should be changed. He can seek recourse by
Answer petitioning for an administrative determination before the Florida Real Estate
Commission.
11. Two of the seven members of the Florida Real Estate Commission must be
Answer never licensed as real estate sales associates or brokers.
12. A sales associate lists a home he knows would be ideal for a friend. The home is for
sale because one of the owners died recently, and the sales associate knows the other
owner will accept a significantly lower bid than the listed price.The licensee should tell his
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