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Florida Real Estate U Final Exam 2024 Questions With Solutions Latest Updated Rated 100%
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Florida Real Estate U Final Exam 2024 Questions With Solutions Latest Updated Rated 100%
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Florida Real Estate U Final Exam.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20U%Florida Real Estate U Final Exam Questions &
Answers
1. An appraisal can be completed by which of the following?
A home inspector A
real estate broker
A licensed appraiser using USPAP standards
A mortgage loan originator
ANS A licensed appraiser using USPAP standards
2. What is a BPO?
Broker Price Opinion
Best Practice OrganizationBest
Prospective Offer
Beyond Present Opportunities
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ANS Broker Price Opinion
3. Which of the following is incorrect?
Farming methods include Direct Mail and Just Listed Post Cards.Farming
only involves raising crops, fish or animals.
Farming is a great way for a licensee to introduce themselves.
Farming involves concentrating business efforts in a particular geographicalarea.
ANS Farming only involves raising crops, fish or animals.
4. Which of the following is NOT considered a major real estate licensee salesspecialty?
Agricultural
Cemetery Plots
Commercial
Residential
ANS Cemetery Plots
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5. What is a home built from blueprints supplied by the buyer is called?
An architectural originalA
spec home
A tract home
A custom home
ANS A custom home
6. MLS is an acronym for which of the following?
Multiple Land Syndication
Major Lending Service
Multiple Lender Sources
Multiple Listing System
ANS Multiple Listing System
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7. Why is there a high demand for property managers in Florida?
Cruise ships Absentee
owners Gated
communities
High temperatures
ANS Absentee owners
8. An organization with at least one real estate broker acting as the agent forothers in
negotiating the sale or rental of real property for a fee is known as a/an?
Cooperative
Real estate brokerage
MLS
Management company
ANS Real estate brokerage
9. What is dedication?
Giving up private land for public use
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