GOLD COAST REAL ESTATE
CERTIFICATION EVALUATION 2026 TEST
PAPER QUESTIONS AND SOLUTIONS
●● You would expect a real estate licensee to perform all the following
activities, EXCEPT:
Answer: * providing expert knowledge about construction methods and
materials
●● A real estate licensee is expected to have expert knowledge in what
three areas?
Answer: - valuation, marketing, and property transfer
●● What is a comparative market analysis?
Answer: - A value estimate based on recent sales of similar properties in
the same neighborhood
●● Which type of valuation must be performed in accordance with the
Uniform Standards of Professional Appraisal Practice (USPAP)?
Answer: - appraisal
●● Many real estate licensees engage in "farming." Which of the
following best describes what that means?
, Answer: - they concentrate on one type of property or in a particular
neighborhood
●● All of the following would be considered a commercial property,
EXCEPT:
Answer: * A large house that has been subdivided into for apartments
●● According to F.S.475, all the following transactions are considered
residential transactions, except:
Answer: * The sale of a 10 unit apartment building
●● If the sale of the business involves the transfer of ownership of
shares of stock, what additional requirement is imposed?
Answer: - The real estate licensee must have a securities license.
●● Which real estate professional is expected to have the greatest level
of knowledge and experience
Answer: - A real estate counselor
●● All the following are responsibilities of a property manager, except:
Answer: * evaluating the investment value of the property
●● Which of the following best defines appraising
CERTIFICATION EVALUATION 2026 TEST
PAPER QUESTIONS AND SOLUTIONS
●● You would expect a real estate licensee to perform all the following
activities, EXCEPT:
Answer: * providing expert knowledge about construction methods and
materials
●● A real estate licensee is expected to have expert knowledge in what
three areas?
Answer: - valuation, marketing, and property transfer
●● What is a comparative market analysis?
Answer: - A value estimate based on recent sales of similar properties in
the same neighborhood
●● Which type of valuation must be performed in accordance with the
Uniform Standards of Professional Appraisal Practice (USPAP)?
Answer: - appraisal
●● Many real estate licensees engage in "farming." Which of the
following best describes what that means?
, Answer: - they concentrate on one type of property or in a particular
neighborhood
●● All of the following would be considered a commercial property,
EXCEPT:
Answer: * A large house that has been subdivided into for apartments
●● According to F.S.475, all the following transactions are considered
residential transactions, except:
Answer: * The sale of a 10 unit apartment building
●● If the sale of the business involves the transfer of ownership of
shares of stock, what additional requirement is imposed?
Answer: - The real estate licensee must have a securities license.
●● Which real estate professional is expected to have the greatest level
of knowledge and experience
Answer: - A real estate counselor
●● All the following are responsibilities of a property manager, except:
Answer: * evaluating the investment value of the property
●● Which of the following best defines appraising
