POST LICENSE COURSE EXAM PREP STUDY
GUIDE 2025 COMPLETE QUESTIONS WITH
DETAILED VERIFIED ANSWERS GRADED A+
◉ Yesterday, a broker obtained a 90-day listing contract that has a self-
renewing provision extending the agreement an additional 60 days after
expiration unless either party cancels in writing. The listing contract is.
Answer: void.
◉ Unlicensed personal assistants. Answer: who are directed by the sales
associate in how to do their jobs cannot be classified as independent
contractors, and must pay withholding taxes.
◉ If a buyer raises an objection to a property, the associate should first.
Answer: confirm and isolate the objection.
◉ A bilateral agreement spelling out the complete terms between a buyer
and a seller for the transfer of a parcel of real property is. Answer: a
sales contract.
◉ What is NOT a good reason to make a preclosing walk-through
inspection?. Answer: To determine that no encroachments exist
◉ Susan lists her home with broker William for $90,000 on March 16.
On August 1, Henry makes an offer of $85,000, accompanied by a
,binder deposit of $5,000, and asks the seller to pay points on a new loan
of $80,000. Susan counters at a price of $87,500 and agrees to pay four
points on a loan of $82,500. Henry accepts.
Henry qualifies for the loan at an interest rate of 9% and agrees to pay a
1% origination fee. The monthly payment for principal and interest is
$663.81. Henry also will be charged for prepaid interest for the balance
of the month of closing. The closing date is September 15, and Henry is
charged for the day of closing.
Henry will purchase an insurance policy for $720. City and county taxes
are $760. Susan agreed to pay her own attorney's fees of $125. Henry
must pay $130 for attorney's fees, $56 to record the mortgage, $6 to
record the deed, and $640 for title insurance.
The payoff on Susan's existing m. Answer: Debit Susan $612.50.
◉ An agreement to hold open for a set time period an offer to sell or
lease real property is. Answer: an option contract.
◉ Susan lists her home with broker William for $90,000 on March 16.
On August 1, Henry makes an offer of $85,000, accompanied by a
binder deposit of $5,000, and asks the seller to pay points on a new loan
of $80,000. Susan counters at a price of $87,500 and agrees to pay four
points on a loan of $82,500. Henry accepts.
Henry qualifies for the loan at an interest rate of 9% and agrees to pay a
1% origination fee. The monthly payment for principal and interest is
$663.81. Henry also will be charged for prepaid interest for the balance
of the month of closing. The closing date is September 15, and Henry is
charged for the day of closing.
, Henry will purchase an insurance policy for $720. City and county taxes
are $760. Susan agreed to pay her own attorney's fees of $125. Henry
must pay $130 for attorney's fees, $56 to record the mortgage, $6 to
record the deed, and $640 for title insurance.
The payoff on Susan's existing m. Answer: Debit Susan; credit Henry
$535.12.
◉ Callers who are asking about property they saw from a sign usually
ask for the. Answer: price.
◉ A comparative market analysis (CMA) with adjustments assumes that.
Answer: adjustments for differences have been made to the comparable
property.
◉ The Florida Realtors® contract requires that the seller warrant
appliances, heating and cooling systems, and plumbing systems to be in
working order. Answer: at closing.
◉ Susan lists her home with broker William for $90,000 on March 16.
On August 1, Henry makes an offer of $85,000, accompanied by a
binder deposit of $5,000, and asks the seller to pay points on a new loan
of $80,000. Susan counters at a price of $87,500 and agrees to pay four
points on a loan of $82,500. Henry accepts.
Henry qualifies for the loan at an interest rate of 9% and agrees to pay a
1% origination fee. The monthly payment for principal and interest is
$663.81. Henry also will be charged for prepaid interest for the balance
GUIDE 2025 COMPLETE QUESTIONS WITH
DETAILED VERIFIED ANSWERS GRADED A+
◉ Yesterday, a broker obtained a 90-day listing contract that has a self-
renewing provision extending the agreement an additional 60 days after
expiration unless either party cancels in writing. The listing contract is.
Answer: void.
◉ Unlicensed personal assistants. Answer: who are directed by the sales
associate in how to do their jobs cannot be classified as independent
contractors, and must pay withholding taxes.
◉ If a buyer raises an objection to a property, the associate should first.
Answer: confirm and isolate the objection.
◉ A bilateral agreement spelling out the complete terms between a buyer
and a seller for the transfer of a parcel of real property is. Answer: a
sales contract.
◉ What is NOT a good reason to make a preclosing walk-through
inspection?. Answer: To determine that no encroachments exist
◉ Susan lists her home with broker William for $90,000 on March 16.
On August 1, Henry makes an offer of $85,000, accompanied by a
,binder deposit of $5,000, and asks the seller to pay points on a new loan
of $80,000. Susan counters at a price of $87,500 and agrees to pay four
points on a loan of $82,500. Henry accepts.
Henry qualifies for the loan at an interest rate of 9% and agrees to pay a
1% origination fee. The monthly payment for principal and interest is
$663.81. Henry also will be charged for prepaid interest for the balance
of the month of closing. The closing date is September 15, and Henry is
charged for the day of closing.
Henry will purchase an insurance policy for $720. City and county taxes
are $760. Susan agreed to pay her own attorney's fees of $125. Henry
must pay $130 for attorney's fees, $56 to record the mortgage, $6 to
record the deed, and $640 for title insurance.
The payoff on Susan's existing m. Answer: Debit Susan $612.50.
◉ An agreement to hold open for a set time period an offer to sell or
lease real property is. Answer: an option contract.
◉ Susan lists her home with broker William for $90,000 on March 16.
On August 1, Henry makes an offer of $85,000, accompanied by a
binder deposit of $5,000, and asks the seller to pay points on a new loan
of $80,000. Susan counters at a price of $87,500 and agrees to pay four
points on a loan of $82,500. Henry accepts.
Henry qualifies for the loan at an interest rate of 9% and agrees to pay a
1% origination fee. The monthly payment for principal and interest is
$663.81. Henry also will be charged for prepaid interest for the balance
of the month of closing. The closing date is September 15, and Henry is
charged for the day of closing.
, Henry will purchase an insurance policy for $720. City and county taxes
are $760. Susan agreed to pay her own attorney's fees of $125. Henry
must pay $130 for attorney's fees, $56 to record the mortgage, $6 to
record the deed, and $640 for title insurance.
The payoff on Susan's existing m. Answer: Debit Susan; credit Henry
$535.12.
◉ Callers who are asking about property they saw from a sign usually
ask for the. Answer: price.
◉ A comparative market analysis (CMA) with adjustments assumes that.
Answer: adjustments for differences have been made to the comparable
property.
◉ The Florida Realtors® contract requires that the seller warrant
appliances, heating and cooling systems, and plumbing systems to be in
working order. Answer: at closing.
◉ Susan lists her home with broker William for $90,000 on March 16.
On August 1, Henry makes an offer of $85,000, accompanied by a
binder deposit of $5,000, and asks the seller to pay points on a new loan
of $80,000. Susan counters at a price of $87,500 and agrees to pay four
points on a loan of $82,500. Henry accepts.
Henry qualifies for the loan at an interest rate of 9% and agrees to pay a
1% origination fee. The monthly payment for principal and interest is
$663.81. Henry also will be charged for prepaid interest for the balance
