Florida Real Estate Exam
2025 with 100% correct
answers LATEST UPDATE
2024 GRADED A+
,Owners that buy income properties as investments and
depend on professionals to manage them - ANS-Absentee
Owners
a Value estimated based on resent sales of similar
properties in the same neighborhood, not an appraisal -
ANS-CMA -Comparative Market Analysis...
A contractor is employed by an owner of land to build on that
land to the owner's specifications - ANS-Custom Building
When a contractor builds on his own land with the hope of
locating a purchaser after construction has been completed
- ANS-Speculative building
A developer that acquires a large that aquires a large tract of
land and builds a model center from which sales may be
made - ANS-tract building
Property management has grown as a service of real estate
primarily bc of an increase of _______ _________ - ANS-
Absentee Ownership
,The category of construction that applies when a property
owner employs a contractor to build on his or her lot is
called________ ___________ - ANS-Custom Building
A Real Estate appraiser's fee for professional service is
based on:
a. a percentage of the property's gross income
b. a percentage of the fair market value
c. the time and difficulty of the appraisal
d. a percentage of property's sales - ANS-C. the time and
difficulty of the appraisal
A developer contracts to build a home on a buyer's lot to the
buyer's specifications. This is an example of which type of
building:
a. tract
b. custom
c. speculative
d. subdivision - ANS-b. custom
A Florida Real Estate lisence is required when anyone
performs a service is specified under
, F.S. 475 when all the following conditions are
simultaneously present, unless that individual is otherwise
exempt under the law: - ANS-1. Preforming a service of real
estate
2. In the state of Florida
3. For another
4. For compensation
_________ has been defined to include anything or any
service of Value paid, recieved or expected to be paid or
recieved. - ANS-Compensation
The postlicense educational course for sales associate
consists of ________ hours - ANS-45
The continuing education requirement consists of ______
hours - ANS-14
Florida Real estate sales associates that desire to become
brokers must wait _______ ________ before taking the state
exam. - ANS-one year