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Gold Coast 1001 CRAM (Part 1 of 10) Test Questions and All Correct Answers Updated.

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1. In which area of brokerage has absentee ownership increased the demand? (Ch. 1, Specialization within the Real Estate Profession) - Answer Property management 2. How is a real estate appraiser typically paid? (Ch. 1, Appraising) - Answer A fee based upon time and difficulty of the appraisal 3. What does the local planning agency have the authority to approve? (Ch. 19, Authority of the Local Planning Agency) - Answer A subdivision plat map 4. What is it called when a developer gives land to a governmental body? (Ch. 1, Construction and Development) - Answer dedication 5. What business is a licensee engaged in who markets, leases and maintains property for someone else? (Ch. 1, Specialization within the Real Estate Profession) - Answer property management 6. In which service of real estate must a licensee disclose the agency relationship and the responsibilities of that relationship to the public? (Ch. 4, Disclosure Requirements) - Answer residential sales 7. Which power authorizes the FREC to pass or revise rules? (Ch. 3, The FREC, Powers of the Commission) - Answer quasi-legislative

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Gold Coast 1001 CRAM (Part 1 of 10)
Test Questions and All Correct
Answers 2025-2026 Updated.
1. In which area of brokerage has absentee ownership increased the demand?



(Ch. 1, Specialization within the Real Estate Profession) - Answer Property management



2. How is a real estate appraiser typically paid?



(Ch. 1, Appraising) - Answer A fee based upon time and difficulty of the appraisal



3. What does the local planning agency have the authority to approve?



(Ch. 19, Authority of the Local Planning Agency) - Answer A subdivision plat map



4. What is it called when a developer gives land to a governmental body?



(Ch. 1, Construction and Development) - Answer dedication



5. What business is a licensee engaged in who markets, leases and maintains property for
someone else?



(Ch. 1, Specialization within the Real Estate Profession) - Answer property management



6. In which service of real estate must a licensee disclose the agency relationship and the
responsibilities of that relationship to the public?



(Ch. 4, Disclosure Requirements) - Answer residential sales



7. Which power authorizes the FREC to pass or revise rules?



(Ch. 3, The FREC, Powers of the Commission) - Answer quasi-legislative

, 8. All of the following would be grounds for suspension or revocation of a real estate license,
EXCEPT:



(Ch. 2, General Qualifications; Ch. 6, Exhibit 6.3) - Answer not being a resident of Florida



9. Sandy works as a sales associate for a broker and has been asked to work weekends for a
developer to sell new homes on commission. What must Sandy do to work for the developer?



(Ch. 2, Employment; Ch. 5, Sales Associate's Duties, Change of Employer or Address) - Answer
transfer her license from the broker to the owner developer



10. What does the license law require that a licensee complete before the first renewal of a
Florida real estate license?



(Ch. 2, Renewing a Florida Real Estate License) - Answer post-licensing course



11. In a brokerage corporation, the officers and directors can be active or inactive brokers or
non-licensed registered persons. If someone who is non-licensed and registered wants to
become a broker, what must he or she do?



(Ch. 2, Obtaining a Florida Real Estate License, License Categories, Broker; Ch. 5, Real Estate
Brokerage Corporation) - Answer Qualify for a broker license in the same way as anyone else.



12. Who would be exempt from the real estate licensing law?



(Ch. 2, Individuals Who are Exempt from Licensure) - Answer a person who rents mobile
home lots



13. Which entity provides the best protection for the public during a real estate transaction?



(Ch. 2, Purpose of the Law; Ch. 3, The Florida Real Estate Commission) - Answer FREC and
the license law



14. Which of the following is a characteristic of group license?



(Ch. 3, Group License and Multiple Licenses, Group License) - Answer it may be held by a
sales associate or broker associate

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