Exam (elaborations)
The Real Estate Business Exam Questions and Complete Solutions Graded A+
- Course
- Institution
The Real Estate Business Exam Questions and Complete Solutions Graded A+
[Show more]
Content preview
The Real Estate BusinessExam Questions and
Complete Solutions Graded
A+
In what year did Florida enact its first real estate license law? - Answer: 1923.
What government entity was created for the purpose of administering and enforcing real estate license
law? - Answer: The Florida Real Estate Commission (FREC).
Which of the following best describes the overall purpose of F.S. 475? - Answer: To protect consumers.
"The Department" refers to which government entity? - Answer: The Department of BUsiness and
Professional Regulation (DBPR).
What is "the Division"? - Answer: The Division of Real Estate (DRE).
All of the following persons required a Florida real estate license, EXCEPT: - Answer: A personwho
negotiates the sale of a house in Delray Beach, Florida on the behalf of a friend who inherited the house
from his deceased mother,without receiving any compensation.
Which person requires a Florida real estate license? - Answer: A person who helps a client locate and
purchase a facility in Jacksonville, Florida, for the client's veterinary practice, and receives 3% of the
purchase price for theirservices.
Which of the following most accurately defines "compensation" with respect to real estate licensees? -
Answer: Anything or any service of value that is paid, received, or expected to be paid or received in
exchange for a performed service.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YourExamplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80796 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
