Bob Hogue Practice Exam Review QUESTIONS
& ANSWERS SOLVED CORRECT!!
A @.transaction @.broker @.does @.NOT @.have @.which @.duty? @.- @.(correct @.answer) @.-Full @.fiduciary
@.duties @.to @.both @.the @.buyer @.and @.the @.seller
Which @.individual @.is @.exempt @.from @.the @.cotinuing @.education @.requirement? @.- @.(correct
@.answer) @.-Real @.estate @.licensee @.who @.is @.also @.a @.Florida @.attorney @.in @.good @.standing @.with
@.the @.Florida @.bar
A @.mortgage @.in @.which @.challenges @.the @.interest @.rate @.may @.cause @.changes @.in @.the
@.monthly @.payment @.amount @.is @.called @.- @.(correct @.answer) @.-an @.adjustable-rate @.mortgage
A @.man @.is @.a @.72-year-old @.retired @.college @.professor. @.The @.local @.lender @.to @.whom @.the
@.man @.applied @.for @.a @.30-year @.mortgage @.denied @.the @.man's @.loan @.application, @.even
@.though @.he @.has @.sufficient @.income @.from @.his @.pension @.plan @.and @.an @.excellent @.credit
@.history @.- @.(correct @.answer) @.-The @.lender's @.actions @.violate @.the @.Equal @.Credit @.Opportunity
@.Act.
Which @.term @.refers @.to @.a @.situation @.where, @.during @.the @.early @.years @.of @.a @.loan, @.the
@.principal @.balance @.increases? @.- @.(correct @.answer) @.-Negative @.amortization
You @.are @.apprasising @.a @.five-year-old, @.single-family @.home. @.The @.livable @.area @.is @.60feet @.by
@.50 @.feet. @.The @.garage @.is @.24 @.by @.20 @.feet. @.According @.to @.figures @.obtained @.from @.a
@.cost-estimating @.service, @.the @.base @.construction @.cost @.per @.square @.foot @.of @.livable @.area
@.is @.$103 @.and @.$92 @.per @.square @.foot @.for @.the @.gargae. @.Calcualte @.the @.reproduction @.cost
@.new @.of @.the @.structure. @.- @.(correct @.answer) @.-$353,160
If @.a @.seller @.refuses @.to @.pay @.a @.broker @.her @.sales @.commission @.after @.the @.residential
@.property @.us @.sold, @.the @.broker @.may @.- @.(correct @.answer) @.-file @.a @.suit @.in @.the @.courts @.for
@.her @.commission.
, Which @.information @.must @.be @.disclosed @.to @.all @.prospective @.buyers? @.- @.(correct @.answer) @.-
The @.home @.is @.situated @.in @.a @.flood-prone @.area.
A @.seller @.transfers @.title @.to @.a @.buyer @.with @.a @.general @.warranty @.deed. @.In @.which @.clause
@.of @.the @.deed @.does @.the @.seller @.define @.the @.quality @.of @.ownership @.interest @.conveyed @.to
@.the @.buyer? @.- @.(correct @.answer) @.-Habendum
Which @.valuation @.assignment @.is @.exempt @.from @.USPAP @.requirements? @.- @.(correct @.answer) @.-
Broker's @.price @.opinion @.prepared @.for @.a @.lender @.concerning @.a @.short @.sale.
An @.individual @.who @.typically @.finds @.a @.tenant @.for @.property @.and @.collects @.a @.fee @.is
@.referred @.to @.as @.- @.(correct @.answer) @.-a @.rental @.agent
An @.example @.of @.an @.ad @.valorem @.tax @.is @.- @.(correct @.answer) @.-a @.property @.tax
A @.seller @.listed @.a @.home @.for @.$200,000 @.and @.agreed @.to @.pay @.a @.comission @.rate @.of @.5%.
@.The @.listing @.agreement @.required @.the @.listing @.office @.and @.the @.selling @.office @.to @.share @.the
@.commission @.on @.a @.50-50 @.basis. @.The @.home @.was @.sold @.four @.weeks @.later @.for @.90% @.of
@.the @.list @.price. @.The @.listinf @.broker @.paid @.the @.listing @.sales @.associate @.50% @.of @.the @.listing
@.office's @.commission. @.The @.selling @.broker @.paid @.the @.selling @.associate @.60% @.of @.the @.selling
@.office's @.commission. @.How @.much @.commission @.did @.the @.selling @.sales @.associate @.recieve? @.-
@.(correct @.answer) @.-$2,700
What @.variable @.does @.NOT @.influence @.demand? @.- @.(correct @.answer) @.-Availability @.of
@.construction @.loans
Local @.government @.exercises @.its @.greatest @.effect @.on @.the @.real @.estate @.business @.by @.- @.
(correct @.answer) @.-using @.zoning, @.taxation, @.and @.the @.planning @.process.
A @.real @.estate @.broker @.is @.accused @.of @.taking @.money @.from @.the @.company @.escrow @.account
@.to @.pay @.personal @.expenses. @.The @.broker @.decided @.that @.she @.does @.not @.want @.to @.go
@.through @.the @.hearing @.process @.so @.the @.broker @.turns @.over @.her @.real @.estate @.license @.to
@.the @.DBPR. @.What @.term @.describes @.this @.situation? @.- @.(correct @.answer) @.-Voluntary
@.relinquishment @.for @.permanent @.revocation
Which @.entity @.is @.a @.primary @.mortgage @.lender @.that @.does @.NOT @.accept @.deman @.deposits?
@.- @.(correct @.answer) @.-Mortgage @.lenders
Title @.to @.real @.property @.is @.techinically @.conveyed @.when @.the @.deed @.is @.- @.(correct @.answer)
@.-voluntarily @.delivered @.and @.voluntarily @.accepted
Which @.disclosure @.must @.be @.given @.to @.the @.buyer @.of @.both @.new @.and @.resale @.residential
@.condominium @.units? @.- @.(correct @.answer) @.-Declaration
A @.real @.estate @.brokerage @.company @.is @.a @.transaction @.broker @.for @.a @.buyer. @.The @.buyer
@.wants @.to @.purchase @.a @.new @.home @.so @.the @.sales @.associate @.take @.him @.to @.three @.model
& ANSWERS SOLVED CORRECT!!
A @.transaction @.broker @.does @.NOT @.have @.which @.duty? @.- @.(correct @.answer) @.-Full @.fiduciary
@.duties @.to @.both @.the @.buyer @.and @.the @.seller
Which @.individual @.is @.exempt @.from @.the @.cotinuing @.education @.requirement? @.- @.(correct
@.answer) @.-Real @.estate @.licensee @.who @.is @.also @.a @.Florida @.attorney @.in @.good @.standing @.with
@.the @.Florida @.bar
A @.mortgage @.in @.which @.challenges @.the @.interest @.rate @.may @.cause @.changes @.in @.the
@.monthly @.payment @.amount @.is @.called @.- @.(correct @.answer) @.-an @.adjustable-rate @.mortgage
A @.man @.is @.a @.72-year-old @.retired @.college @.professor. @.The @.local @.lender @.to @.whom @.the
@.man @.applied @.for @.a @.30-year @.mortgage @.denied @.the @.man's @.loan @.application, @.even
@.though @.he @.has @.sufficient @.income @.from @.his @.pension @.plan @.and @.an @.excellent @.credit
@.history @.- @.(correct @.answer) @.-The @.lender's @.actions @.violate @.the @.Equal @.Credit @.Opportunity
@.Act.
Which @.term @.refers @.to @.a @.situation @.where, @.during @.the @.early @.years @.of @.a @.loan, @.the
@.principal @.balance @.increases? @.- @.(correct @.answer) @.-Negative @.amortization
You @.are @.apprasising @.a @.five-year-old, @.single-family @.home. @.The @.livable @.area @.is @.60feet @.by
@.50 @.feet. @.The @.garage @.is @.24 @.by @.20 @.feet. @.According @.to @.figures @.obtained @.from @.a
@.cost-estimating @.service, @.the @.base @.construction @.cost @.per @.square @.foot @.of @.livable @.area
@.is @.$103 @.and @.$92 @.per @.square @.foot @.for @.the @.gargae. @.Calcualte @.the @.reproduction @.cost
@.new @.of @.the @.structure. @.- @.(correct @.answer) @.-$353,160
If @.a @.seller @.refuses @.to @.pay @.a @.broker @.her @.sales @.commission @.after @.the @.residential
@.property @.us @.sold, @.the @.broker @.may @.- @.(correct @.answer) @.-file @.a @.suit @.in @.the @.courts @.for
@.her @.commission.
, Which @.information @.must @.be @.disclosed @.to @.all @.prospective @.buyers? @.- @.(correct @.answer) @.-
The @.home @.is @.situated @.in @.a @.flood-prone @.area.
A @.seller @.transfers @.title @.to @.a @.buyer @.with @.a @.general @.warranty @.deed. @.In @.which @.clause
@.of @.the @.deed @.does @.the @.seller @.define @.the @.quality @.of @.ownership @.interest @.conveyed @.to
@.the @.buyer? @.- @.(correct @.answer) @.-Habendum
Which @.valuation @.assignment @.is @.exempt @.from @.USPAP @.requirements? @.- @.(correct @.answer) @.-
Broker's @.price @.opinion @.prepared @.for @.a @.lender @.concerning @.a @.short @.sale.
An @.individual @.who @.typically @.finds @.a @.tenant @.for @.property @.and @.collects @.a @.fee @.is
@.referred @.to @.as @.- @.(correct @.answer) @.-a @.rental @.agent
An @.example @.of @.an @.ad @.valorem @.tax @.is @.- @.(correct @.answer) @.-a @.property @.tax
A @.seller @.listed @.a @.home @.for @.$200,000 @.and @.agreed @.to @.pay @.a @.comission @.rate @.of @.5%.
@.The @.listing @.agreement @.required @.the @.listing @.office @.and @.the @.selling @.office @.to @.share @.the
@.commission @.on @.a @.50-50 @.basis. @.The @.home @.was @.sold @.four @.weeks @.later @.for @.90% @.of
@.the @.list @.price. @.The @.listinf @.broker @.paid @.the @.listing @.sales @.associate @.50% @.of @.the @.listing
@.office's @.commission. @.The @.selling @.broker @.paid @.the @.selling @.associate @.60% @.of @.the @.selling
@.office's @.commission. @.How @.much @.commission @.did @.the @.selling @.sales @.associate @.recieve? @.-
@.(correct @.answer) @.-$2,700
What @.variable @.does @.NOT @.influence @.demand? @.- @.(correct @.answer) @.-Availability @.of
@.construction @.loans
Local @.government @.exercises @.its @.greatest @.effect @.on @.the @.real @.estate @.business @.by @.- @.
(correct @.answer) @.-using @.zoning, @.taxation, @.and @.the @.planning @.process.
A @.real @.estate @.broker @.is @.accused @.of @.taking @.money @.from @.the @.company @.escrow @.account
@.to @.pay @.personal @.expenses. @.The @.broker @.decided @.that @.she @.does @.not @.want @.to @.go
@.through @.the @.hearing @.process @.so @.the @.broker @.turns @.over @.her @.real @.estate @.license @.to
@.the @.DBPR. @.What @.term @.describes @.this @.situation? @.- @.(correct @.answer) @.-Voluntary
@.relinquishment @.for @.permanent @.revocation
Which @.entity @.is @.a @.primary @.mortgage @.lender @.that @.does @.NOT @.accept @.deman @.deposits?
@.- @.(correct @.answer) @.-Mortgage @.lenders
Title @.to @.real @.property @.is @.techinically @.conveyed @.when @.the @.deed @.is @.- @.(correct @.answer)
@.-voluntarily @.delivered @.and @.voluntarily @.accepted
Which @.disclosure @.must @.be @.given @.to @.the @.buyer @.of @.both @.new @.and @.resale @.residential
@.condominium @.units? @.- @.(correct @.answer) @.-Declaration
A @.real @.estate @.brokerage @.company @.is @.a @.transaction @.broker @.for @.a @.buyer. @.The @.buyer
@.wants @.to @.purchase @.a @.new @.home @.so @.the @.sales @.associate @.take @.him @.to @.three @.model
