Florida RE Exam Practice Q&A

c - Answer- Which tax lien is superior? a. Mechanic Lien Jan 2, 2013 b. Housing Lien March 30, 2013 c. Property Tax Lien Jan 1,2013 d. Mortgage Lien September 30, 2013 b - Answer- A landlord has how many days to make a claim on a deposit? a. 15 b. 30 c. 7 d. 3 b - Answer- Which of the following ways is NOT a way to determine a fixture. a. Intent b. Disposition c. Method d. Adaptation a - Answer- What fees does the buyer pay at closing? a. Attorney Fee & Deed Recording b. Court Costs & Deed Recording c. Attorney Fee & Title Insurance d. Deed Recording & Title Insurance b - Answer- There are only three brokers in the town of Agartha. They make a decision to only accept offers, which pay a commission of 7.2%. Is this allowed, and if not, why? a. Yes, this is legal under the Clayton-Sherman Act b. No, this is illegal under the Sherman-Clayton Act c. No, this is illegal under Ch. 475 Real Estate Law d. Yes, this is legal under Ch. 455 Real Estate Law c - Answer- To mix your personal funds with escrow funds would be? a. Illegal b. Conversion c. Commingle d. Mediation d - Answer- The Tenancy that is characterized by a Right-of-Survivorship