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Azure Tide Real Estate Final Exam 2023 with 100% correct answers
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Azure Tide Real Estate Final Exam 2023 with 100% correct answers
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Azure Tide Real Estate Final Exam2024 with 100% correct answers
How is practicing real estate without a license punishable as? - ✔✔ANSW✔✔..👌Third
degree felony
Without written permission, Phillip tells his buyer Tom, that his seller Mark is getting
divorced and must sell the property quickly. Phillip is representing both Mark and Tom
as a transaction broker. Phillip has violated which agency duty? -
✔✔ANSW✔✔..👌Limited confidentiality
Maxine didn't understand the paperwork that an oil company had her sign when they
started drilling for oil on her property. The guy that got her to sign the paperwork was
very nice and told her she would never have to move off the property - but could sell it
anytime if she chose. But when they struck oil, she wasn't entitled to any of the money
from the oil. What rights had she signed over to the oil company? -
✔✔ANSW✔✔..👌Mineral
Which of the following most accurately describes the statute of limitations? -
✔✔ANSW✔✔..👌Places a time limit on pursuing a legal remedy in relation to wrongful
conduct
Winnie failed to add to her application for a Florida real estate license the fact that she
had previously been convicted of theft. Which statement is true? -
, ✔✔ANSW✔✔..👌Failure for Winnie to disclose the theft would be viewed as falsifying
an application.
All the following are acceptable to register with the DBPR as a real estate brokerage
except which of the following? - ✔✔ANSW✔✔..👌Corporation sole
Walden had an architect draw up plans for four different styles of homes. He then built
four models matching the designs and offered to build similar homes to buyers. What
type of construction method is this known as? - ✔✔ANSW✔✔..👌tract homes
Which statement is FALSE regarding a net Listing? - ✔✔ANSW✔✔..👌Net listings are
unilateral Contracts
Brokers must retain a brokerage relationship disclosure documents for 5 years except in
which of the following situations? - ✔✔ANSW✔✔..👌working with a buyer or seller as a
transaction broker from the outset
Which statement is false regarding culpable negligence? - ✔✔ANSW✔✔..👌You can
never be charged with Culpable Negligence if you did not know of a damaging issue.
A deal failed to close because the buyer was unable to secure financing. The broker
received conflicting demands regarding the earnest money. How long does the broker
have to notify the FREC that the conflict exists? - ✔✔ANSW✔✔..👌15 days
Faye just signed a new lease. It is for six months. What kind of tenancy does she have?
- ✔✔ANSW✔✔..👌Tenancy for years
The state of Florida requires all brokerage offices to have at least one enclosed room in
a building of stationary construction what other criteria? - ✔✔ANSW✔✔..👌An entrance
sign
Which of the following properties would be defined as residential real estate per Chapter
475, Florida Statute? - ✔✔ANSW✔✔..👌5-acres with a house and a barn
What is actual notice? - ✔✔ANSW✔✔..👌Something you have learned by reading,
seeing or hearing.
Leora lived in her home for a long time. She took good care of her property. However,
her neighbor did not. When Leora had her property appraised, she discovered that she
lost value because of the condition of her neighbor's property. This is called what? -
✔✔ANSW✔✔..👌Regression
The characteristics of value include all except? - ✔✔ANSW✔✔..👌supply
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