VERIFIED QUESTIONS AND SOLUTIONS
GUARANTEED TO PASS
●● One mile is how many feet
Answer: 5280 feet
●● Plat or recorded plat is also known as
Answer: Lot and block
●● Assessor's parcel number (APN) is
Answer: A number that is assigned to a parcel of real property by a
county property assessor to uniquely identify that property within the
jurisdiction.
●● Township
Answer: Is 6 mikes sq and contains 36 square miles.
●● MLS (Multiple Listing Service)
Answer: Marketing tool for licensees
●● Residential sales
,Answer: The sale of improved residential property of 4 or less units, the
sale of unimproved residential property intended for use as 4 or less, or
the sale of agricultural property of 10 or fewer acres.
●● Tract building
Answer: when a developer acquires a large tract of land, records a
subdivision plat map, and uses a model center from which sales may be
made.
●● moratorium
Answer: a suspension of activity; an authorized delay of building project
●● Florida real estate license law
Answer: To protect public
●● Leasing
Answer: For commercial properties
●● Renting
Answer: For residential properties
●● Sales associate that wants to be broker
Answer: Needs to actively licensed 24 months within 5 years
, ●● Broker Associate
Answer: A person who holds a broker's license but chooses to register
and work in real estate under the direction of another broker.
●● Florida rea estate license
Answer: Does not require to be resident of state or be a citizen of united
states
●● Background questions
Answer: Must discolse any convictions
●● What 5 things happens when application denial
Answer: Denied by department, notified by writing, 21 days from
reciept, request formal , attend before administrative hearing
●● Law 475
Answer: Law requires sales associate or broker associate to be employed
as an agent of either a broker or owner developer not both
●● Owner-developer
Answer: Must register with department but does not receive real estate
license