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AZURE TIDE PRACTICE EXAM QUESTIONS
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AZURE TIDE PRACTICE EXAM QUESTIONS
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AZURE TIDE PRACTICE EXAM QUESTIONS1) The following are types of residential construction EXCEPT which one? - Answers-A)
Block Homes
5) Broker Justin Tune had conflicting demands from a buyer and a seller regarding an
escrow deposit held by the brokerage. Per his contract with the parties, Justin believed
he was entitled to keep 50% of the deposit for himself. What action with the court could
Justin request? - Answers-A) Request declaratory judgment
4) Tammy owns a small two-bedroom house in the country. A developer bought all of the
land surrounding her home and is developing it into an upscale luxury subdivision.
Tammy's property value has skyrocketed. What is this an example of? - Answers-C.
Progression
13) Which statement is FALSE regarding an open listing? - Answers-D) A net listing is a
bilateral contract
16) What is the Florida statute that gives the DBPR the power to investigate consumer
complaints, issue subpoenas upon conducting investigation, issue cease and desist
orders, and issue citations? - Answers-C) Florida Statute 455
17) The Broker's Disclosure Act requirements would pertain to which real estate
transaction? - Answers-A)Sale of a beach house
*Residential transactions
18) When Shannon bought her property, she noticed that the deed gave access to the
utility company to maintain a drainage ditch. What is this type of easement an example
of? - Answers-C) Easement in gross.
20) Nina wanted to rent her place to Carissa. In order to create an estate for years,
which of the following statements is NOT required? - Answers-C) Title must transfer to
Carissa
22) Which statement is not true regarding Real Estate Brokerage General Partnerships?
- Answers-C) All partners must be active brokers
23) Who are the local government members of the planning commission? - Answers-D)
Appointed
24) Broker Penny Wise insisted that her agents always represent clients as a
transaction broker. Which statement is FALSE regarding her client relationships? -
Answers-C) Penny Wise had to provide agency disclosures in writing
25) Which of the following properties does not require that a lead-based paint disclosure
be made? - Answers-A) A duplex for sale built in 1960
, B) A house for rent built in 1986
C) A condominium for sale built in 1972
D) A single family home for sale built in 1977
*Anything built before 1978 must receive a disclosure
6) In internet advertising, where must the brokerage name appear? - Answers-B)
Adjacent to or immediately above/below point of contact information
7)Broker Rick O'Shea sold a rental list that was full of errors. When the client demanded
a refund, in writing and with two weeks of having bought the list, Rock O'Shea refused
to refund the money. What could he be charged with? - Answers-B) First-degree
misdemeanor
8) A habendum clause would be found on which one of the following? - Answers-C) A
deed
12) The right to convey or transfer the ownership or other ownership interest in any real
estate is called the right of what? - Answers-B) Disposition
27) When Gina didn't get paid for a home improvement job, she recorded a lien on the
property. What is this an example of? - Answers-A) Constructive notice
28) Which type of mortgage loans do NOT have a due-on-sale clause? - Answers-A)
FHA and VA
29) The road in front of Hailey's home was expanded. The state paid her for 10 feet
deep of her frontage. This transfer of property was through what? - Answers-D) Eminent
domain
30) How are homeowner association fees shown on the closing statement? - Answers-
D) A credit to the seller and a debit to the buyer
31) What are primary reference lines that run East and West called? - Answers-A) Base
lines
33) FREC has the authority to sanction a licensee found guilty of violating the rules or
laws of real estate by imposing which of the following penalties? - Answers-C) Revoking
their license permanently
35) When figuring operating expenses, you CANNOT include which of the following? -
Answers-A) Cost of mortgage
36) Shandy Lear used to be named Shandy Toad. He intentionally left his old name off
of his application because he had been arrested under that name. What could Shandy
be charged with? - Answers-D) Third-degree felony
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