45 Hour Post License Florida EXAM 2026 ACTUAL
COMPLETE 100 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED
A+
If the licensee does not complete the 45 hour course before the
expiration date of their first renewal, the license becomes ____
ANSWERS: void and the licensee will be out of business. (have to
start over everything)
When a sales associate changes employers, they must notify the
Commission of the change no later than ________ days after the
change by using the form provided by the commission.
ANSWERS: 10
Advertisements may not be
ANSWERS: fraudulent, false, deceptive, or misleading.
, Advertising false, inaccurate, misleading or exaggerated
information could result in ____________
ANSWERS: the issuance of a citation and a fine of $500
A sales associate who receives a deposit must deliver it to the
broker or employer no later than
ANSWERS: the end of the business day following the receipt of the
item to be deposited
A sales associate may not collect money in connection with a real
estate transaction except
ANSWERS: in the name of the employer (cannot be payed by buyer
or seller)
A sales associate receives compensation only from his or her _.
A
sales associate can however be paid a portion of a commission by
a
closing agent if such instructions have been provided in writing by
the
_____.
ANSWERS:
1. broker
2. broker
, Single agents are held accountable for what four specific duties?
ANSWERS:
1. Confidentiality
2. Obedience
3. Loyalty
4. Full Disclosure
Appraisals utilized by federally regulated lenders in federally
related transactions be developed and reported in conformity with
the _______
ANSWERS:
Uniform Standards of Professional Appraisal Practices (USPAP)
Assessed value is
ANSWERS:
the value assigned by the property appraiser for ad valorem tax
purposes
What is the difference between price and value?
ANSWERS:
Price is the amount that is actually paid in a real estate
transaction. It may not represent the market value.
, The Principle of Contribution states that
ANSWERS:
the value of a component of the property is the amount it increases
the total value of the property (ex. renovating the kitchen to
increase the asking price)
Highest and Best Use Analysis
ANSWERS:
every property has a single use the produces the greatest income
and return.
Comparable Sales Approach is used
ANSWERS:
to estimate the value indicated by the recent sales of comparable
properties in the market.
Matched Pair Sales Technique
ANSWERS:
Locating other properties that have been sold in the area, of which, one that has
a particular feature you are trying to value and another one that does not. So, if
you find a home with a swimming pool that sold for
$210,000 and then you find a home that doesn't have a swimming pool, but is very
similar, and sold for $200,000 you can assume that the pool was worth
$10,000.
COMPLETE 100 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED
A+
If the licensee does not complete the 45 hour course before the
expiration date of their first renewal, the license becomes ____
ANSWERS: void and the licensee will be out of business. (have to
start over everything)
When a sales associate changes employers, they must notify the
Commission of the change no later than ________ days after the
change by using the form provided by the commission.
ANSWERS: 10
Advertisements may not be
ANSWERS: fraudulent, false, deceptive, or misleading.
, Advertising false, inaccurate, misleading or exaggerated
information could result in ____________
ANSWERS: the issuance of a citation and a fine of $500
A sales associate who receives a deposit must deliver it to the
broker or employer no later than
ANSWERS: the end of the business day following the receipt of the
item to be deposited
A sales associate may not collect money in connection with a real
estate transaction except
ANSWERS: in the name of the employer (cannot be payed by buyer
or seller)
A sales associate receives compensation only from his or her _.
A
sales associate can however be paid a portion of a commission by
a
closing agent if such instructions have been provided in writing by
the
_____.
ANSWERS:
1. broker
2. broker
, Single agents are held accountable for what four specific duties?
ANSWERS:
1. Confidentiality
2. Obedience
3. Loyalty
4. Full Disclosure
Appraisals utilized by federally regulated lenders in federally
related transactions be developed and reported in conformity with
the _______
ANSWERS:
Uniform Standards of Professional Appraisal Practices (USPAP)
Assessed value is
ANSWERS:
the value assigned by the property appraiser for ad valorem tax
purposes
What is the difference between price and value?
ANSWERS:
Price is the amount that is actually paid in a real estate
transaction. It may not represent the market value.
, The Principle of Contribution states that
ANSWERS:
the value of a component of the property is the amount it increases
the total value of the property (ex. renovating the kitchen to
increase the asking price)
Highest and Best Use Analysis
ANSWERS:
every property has a single use the produces the greatest income
and return.
Comparable Sales Approach is used
ANSWERS:
to estimate the value indicated by the recent sales of comparable
properties in the market.
Matched Pair Sales Technique
ANSWERS:
Locating other properties that have been sold in the area, of which, one that has
a particular feature you are trying to value and another one that does not. So, if
you find a home with a swimming pool that sold for
$210,000 and then you find a home that doesn't have a swimming pool, but is very
similar, and sold for $200,000 you can assume that the pool was worth
$10,000.
