Florida Real Estate Questions and Verified Answers, 100% Score Guarantee Pass (Latest 2025) Brokers who list and sell smaller businesses are - Correct Answers ✅business opportunity brokers.Before roadbuilding begins, a developer must submit a document to the local planning board for approval. The document is called a - Correct Answers ✅subdivision plat map.Investors who don't live on the properties they own are - Correct Answers ✅absentee owners.Real estate specialists who sell properties close to airports, seaports, and rail sidings work in which sector of the real estate business? - Correct Answers ✅Industrial The field of real estate that requires knowledge of financial statements for investment properties, traffic counts, and types of nonresidential property financing is - Correct Answers ✅commercial.A real estate licensee who works a "farm area" is usually involved in - Correct Answers ✅residential sales and listings. 1 / 4
Florida Real Estate Questions and Verified Answers, 100% Score Guarantee Pass (Latest 2025) A person who takes applications for a mortgage loan must - Correct Answers ✅be licensed as a loan originator by the Florida Office of Financial Regulation.Approximately what percentage of the country's wealth is related to real estate? - Correct Answers ✅75 When a developer deeds the streets and easements to the county government for future maintenance, it is called - Correct Answers ✅dedication.When making appraisals, real estate licensees must conform to - Correct Answers ✅the Uniform Standards of Professional Appraisal Practice (USPAP).A sales associate who researches the sale prices of properties that sold will learn - Correct Answers ✅what the house should appraise for.When a builder builds a house for a specific customer, it is - Correct Answers ✅custom building.The most common valuation process used by brokers and sales associates is the preparation of - Correct Answers ✅a comparative market analysis (CMA). 2 / 4
Florida Real Estate Questions and Verified Answers, 100% Score Guarantee Pass (Latest 2025) A bank appraisal must be made by - Correct Answers ✅a state-certified or licensed appraiser.A broker who prepares a CMA - Correct Answers ✅can charge a fee for the service.The Florida Real Estate Commission is - Correct Answers ✅a consumer protection agency.Which part of Chapter 475 establishes the Florida Real Estate Commission? - Correct Answers ✅Part I A broker's license will become void when the first license expires unless the broker has - Correct Answers ✅completed at least 60 hours of broker post-licensing courses.The problem with the Florida Real Estate License law that was passed in 1923 was that - Correct Answers ✅it did not establish an enforcement body.Applicants for a real estate license must have a - Correct Answers ✅United States Social Security number. 3 / 4
Florida Real Estate Questions and Verified Answers, 100% Score Guarantee Pass (Latest 2025) Which is NOT a part of the 14-hour continuing education requirement for brokers and sales associates? - Correct Answers ✅Property management Which is NOT a service that requires a real estate license? - Correct Answers ✅Originate mortgages Broker applicants must have worked under a broker in any state for at least - Correct Answers ✅two years.A man who deals in real property is NOT exempt from having a real estate license if he - Correct Answers ✅performs one of the eight services of real estate for another for compensation.The unlicensed practice of real estate is a - Correct Answers ✅third degree felony.The maximum fine that can be levied by the DBPR for each offense is - Correct Answers ✅$5,000.Which licensee is qualified to be a broker, but has decided to work under the supervision of another broker or an owner developer? - Correct Answers ✅A broker associate
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