FL Real Estate Exam Practice Questions and Verified Answers, 100% Score Guarantee Pass (Latest 2025) Which statement is true regarding the use of the term
REALTOR?
All real estate licensees are REALTORS All REALTORS are members of the National Association of
REALTORS (NAR)
The terms real estate licensee and REALTOR may be used interchangeably The Florida DBPR authorizes the use of the term REALTOR - Correct Answers ✅All REALTORS are members of the National Association of REALTORS (NAR) The term follow up refers to...? - Correct Answers ✅what a sales associate does for buyers and sellers after the sale Even though certain exceptions apply, an active real estate licensee is legally entitled to appraise real property for compensation concerning a nonfederally related transaction - Correct Answers ✅As long as she does not represent herself as a state-certified or licensed appraiser and complies with USPAP The field of property management has experienced growth and specialization primarily because of...? - Correct Answers ✅the increase in the number of absentee owners 1 / 4
FL Real Estate Exam Practice Questions and Verified Answers, 100% Score Guarantee Pass (Latest 2025) Real estate licensees must comply with the Uniform Standards of Professional Appraisal Practice (USPAP) when conducting which value estimates? - Correct Answers ✅Appraisals Appraisers are paid a fee because - Correct Answers ✅to accept compensation based on the appraised value is a conflict of interest The five major sales specialties do NOT include agricultural special use commercial businesses - Correct Answers ✅Special use The real estate activity that is devoted to leasing, managing, marketing, and overall maintenance of property for others is called - Correct Answers ✅Property management Which kind of construction involves building to buyer's specifications? - Correct Answers ✅Custom homes The term dedication as it applies to development and construction refers to...? - Correct Answers ✅A gift of land by the owner to the local government for public use 2 / 4
FL Real Estate Exam Practice Questions and Verified Answers, 100% Score Guarantee Pass (Latest 2025) What type of license is required to sell or lease business opportunities for another person? - Correct Answers ✅Real estate license Selecting a limited geographical area in which a real estate professional develops special expertise is - Correct Answers ✅Farming Managing which type of property of more than 10 units requires a CAM license? - Correct Answers ✅Condominium complex Effective advertising involving developing a database of prospects to direct a specific message is called - Correct Answers ✅Target marketing A broker charges a prospective seller $50 for a comparative market analysis (CMA) . Which statement applies?Brokers are not permitted to charge for CMAs This is permissible, provided the broker does not represent the CMA as an appraisal The broker must be a state-certified appraiser to do this 3 / 4
FL Real Estate Exam Practice Questions and Verified Answers, 100% Score Guarantee Pass (Latest 2025) The CMA must be signed by a state-certified appraiser - Correct Answers ✅This is permissible, provided the broker does not represent the CMA as an appraisal A licensed sales associate may operate - Correct Answers ✅For the broker registered as the sales associate's employer A sales associate applicant is NOT required to comply with which requirement?Subject to an application fee Be 18 years or older Be a bona fide Florida resident Possess a Social Security number - Correct Answers ✅Be a bona fide Florida resident Which person does not meet the experience requirements to obtain a Florida broker's license?An applicant who has held an active CA broker's license for the preceding 3 years An applicant who has held an active Ohio sales associate license during 4 of the preceding 5 years while employed by an Ohio broker
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