FLORIDA REAL ESTATE EXAM 2 LATEST VERSION
2025 WITH 300 QUESTIONS AND WELL -VERIFIED
CORRECT ANSWERS |ALREADY GRA DED A+
|FLORIDA REAL ESTATE ACTUAL FINAL EXAM 2024 -
2025 | GUARANTEED PASS (BRAND NEW!!)
Vicky the Viking is a broker who wanted to be the broker of record with a company in Northern Florida and also a different brokerage in Southern Florida, Vicky can - ANSWER- Be issued multiple licenses - one for each brokerage
The Secretary of the DPR is - ANSWER- Appointed by the Governor of Florida and confirmed by the state senate
If a license has been involuntarily inactive for more than 12 months but less than 24 months; to activate the license, the licensee must - ANSWER- Complete 28 hours of a Commission-prescribed education course
Clara-the-Good's Broker moved her brokerage across town. The change of address must be updated with the DBPR within how many days? - ANSWER- 10 Days
Humphrey Hughes is a Florida Real Estate Licensee in good standing who is also a member of the U. S. Armed Forces. When Humphrey is sent overseas for active duty, what happens to his real estate license? - ANSWER- Humphrey is exempt from renewal requirements during his active duty and for 2 years after discharge from active duty.
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If Tommy Duncan intentionally misled the DBPR when Tommy filled out his application, Tommy would be guilty of - ANSWER- 3rd-degree Felony
The power of the commission to suspend or revoke licenses and issue administrative fines is an example of what type of power - ANSWER- Quasi- judicial
Jill passed her real estate sales associate state exam. Which situation would be true about her license status? - ANSWER- Jill's license would be considered currently inactive until the DBPR is notified that her license has been placed with an employing broker.
A license will become null and void in the following circumstances except: -
ANSWER- The license expired in the second renewal period by only 10 months.
If a licensee received their license on July 4th, 2016, when is the end of their first renewal period? - ANSWER- March 31, 2018
Election of rights includes the following choices - ANSWER- Not to dispute the allegations and waive the right to be heard; Not to dispute the allegation and request an informal hearing; or dispute the allegations and request a formal hearing
What does a real estate agent do? - ANSWER- Find a tenant for a property for a fee.
Who must be paid compensation for completing a BPO? - ANSWER- Broker
Who is a Florida resident according to FREC? - ANSWER- A person who has resided in Florida at least 4 months in the past year. 2 / 4
Who is exempt from the post-licensing (45hr) requirement? - ANSWER- Individuals with a four-year degree or higher in real estate.
Can a broker associate hold more than one broker associate license? - ANSWER- No
What is prima facie evidence? - ANSWER- A type of evidence, unless refuted by other evidence will prove the case
When must someone working for an owner-developer have a real estate license? - ANSWER- When they receive a bonus based on transactions.
A buyer or seller must sign a no brokerage relationship disclosure before the relationship can be formed - ANSWER- False What documents must a buyer of a resale condo unit receive? - ANSWER- Most recent year-end financial report, rules of the association, governance form, declaration, articles of incorporation, bylaws, FAQ.
Is a Will voluntary or involuntary alienation? - ANSWER- voluntary
What is the PROCESS by which private property is acquired for public use? - ANSWER- Condemnation
What is the signature requirement for a deed to be valid? - ANSWER- Signed and properly witnessed.
What type of deed includes the Covenant of Warranty Forever? - ANSWER- General Warranty Deed 3 / 4
What document related to the deed restricts what you can do on a property? - ANSWER- Restrictive Covenants
A broker acts as of a special agent when working to sell a property for a seller or assist a buyer in purchasing a property - ANSWER- True
An agency relationship continues even upon the occurrence of the death of one of the parties - ANSWER- False Seller Skip is in a hurry to sell his home. So, he wants his agent Alan Agent to let him let buyers know that he will consider all offers. Alan Agent has a transaction agency with Seller Skip. What should Alan Agent do to adhere to the duty of limited confidentiality? - ANSWER- Alan Agent should have Seller Skip permit in writing to disclose to buyers that Seller Skip will consider all offers
Buddy Bear Broker has a sale that failed to close. How long does Buddy Bear Broker have to keep the applicable disclosure documents? - ANSWER- 5 years
Lou Agent with Top Notch had listed a 100-unit apartment complex for sale. Sam Agent also with Top Notch Realty had a buyer interested in buying the property.To work as designated sales associates, what events had to take place? - ANSWER- Have both the buyer and the seller sign required disclosures describing the designated sales agency relationship and stating that each the buyer and seller had assets of $1 million or more
In what type of agency relationship is the client responsible for the acts of the broker? - ANSWER- Single
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