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Azure tide Practice Exam (complete)Questions and Answers.
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10/8/24, 6:32 AMScheduled maintenance: October 9, 2024 from 01:45 AM to 03:45 AM
Azure tide Practice Exam
Jeremiah
Terms in this set (62)
1) The following are types of residential A) Block Homes
construction EXCEPT which one?
5) Broker Justin Tune had conflicting A) Request declaratory judgment
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?
4) Tammy owns a small two-bedroom C. Progression
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?
6) In internet advertising, where must the B) Adjacent to or immediately above/below point of contact information
brokerage name appear?
7)Broker Rick O'Shea sold a rental list that B) First-degree misdemeanor
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?
8) A habendum clause would be found on C) A deed
which one of the following?
12) The right to convey or transfer the B) Disposition
ownership or other ownership interest in
any real estate is called the right of what?
Azure tide Practice Exam
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, 10/8/24, 6:32 AM
13) Which statement is FALSE regarding an D) A net listing is a bilateral contract
open listing?
16) What is the Florida statute that gives the C) Florida Statute 455
DBPR the power to investigate consumer
complaints, issue subpoenas upon
conducting investigation, issue cease and
desist orders, and issue citations?
17) The Broker's Disclosure Act A)Sale of a beach house
requirements would pertain to which real *Residential transactions
estate transaction?
18) When Shannon bought her property, C) Easement in gross.
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?
20) Nina wanted to rent her place to C) Title must transfer to Carissa
Carissa. In order to create an estate for
years, which of the following statements is
NOT required?
22) Which statement is not true regarding C) All partners must be active brokers
Real Estate Brokerage General
Partnerships?
23) Who are the local government D) Appointed
members of the planning commission?
24) Broker Penny Wise insisted that her C) Penny Wise had to provide agency disclosures in writing
agents always represent clients as a
transaction broker. Which statement is
FALSE regarding her client relationships?
A) A duplex for sale built in 1960
25) Which of the following properties does B) A house for rent built in 1986
not require that a lead-based paint C) A condominium for sale built in 1972
disclosure be made? D) A single family home for sale built in 1977
*Anything built before 1978 must receive a disclosure
27) When Gina didn't get paid for a home A) Constructive notice
improvement job, she recorded a lien on
the property. What is this an example of?
28) Which type of mortgage loans do NOT A) FHA and VA
have a due-on-sale clause?
29) The road in front of Hailey's home was D) Eminent domain
expanded. The state paid her for 10 feet
deep of her frontage. This transfer of
property was through what?
30) How are homeowner association fees D) A credit to the seller and a debit to the buyer
shown on the closing statement?
31) What are primary reference lines that A) Base lines
run East and West called?
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