Bob Hogue - Pre Lic. Test Questions and
Answers 100% Pass
What is the required continuing education for a Florida real estate licensee?
- ✔✔14 hours every two years
- 20 hours every year
- 30 hours every five years
- 10 hours every year
---
What is a characteristic of a fiduciary relationship?
- Casual advice
- ✔✔Loyalty and confidentiality
- Limited representation
- No obligation
---
1
,If a seller provides false information about a property’s condition, the real estate agent may be
guilty of what?
- Misrepresentation
- ✔✔Fraud
- Negligence
- Puffing
---
Which of the following contracts must be in writing to be enforceable?
- A lease agreement for six months
- ✔✔A sales contract for the purchase of real estate
- An oral agreement to sell furniture
- A contract for services
---
What is the definition of a "brokerage relationship disclosure"?
2
,- An agreement to split commissions
- ✔✔A form explaining the agent’s duties to the buyer or seller
- A detailed summary of property values
- A guarantee of a sale
---
What does the term "commingling" mean in real estate?
- Combining personal funds for marketing
- ✔✔Mixing broker’s funds with client’s escrow funds
- Splitting commissions between brokers
- Sharing client information with third parties
---
What must a sales associate do with escrow funds received?
- Deposit them immediately into a personal account
- ✔✔Give them to their broker by the end of the next business day
3
, - Hold onto them until the transaction closes
- Return them to the buyer
---
Which of the following is an example of "dual agency"?
- Representing only the seller
- ✔✔Representing both the buyer and the seller in the same transaction
- Working with two different sellers
- Acting as a transaction broker for both parties
---
How long does a buyer have to cancel a condominium contract after receiving the condo
documents?
- ✔✔3 business days
- 7 days
- 10 days
4
Answers 100% Pass
What is the required continuing education for a Florida real estate licensee?
- ✔✔14 hours every two years
- 20 hours every year
- 30 hours every five years
- 10 hours every year
---
What is a characteristic of a fiduciary relationship?
- Casual advice
- ✔✔Loyalty and confidentiality
- Limited representation
- No obligation
---
1
,If a seller provides false information about a property’s condition, the real estate agent may be
guilty of what?
- Misrepresentation
- ✔✔Fraud
- Negligence
- Puffing
---
Which of the following contracts must be in writing to be enforceable?
- A lease agreement for six months
- ✔✔A sales contract for the purchase of real estate
- An oral agreement to sell furniture
- A contract for services
---
What is the definition of a "brokerage relationship disclosure"?
2
,- An agreement to split commissions
- ✔✔A form explaining the agent’s duties to the buyer or seller
- A detailed summary of property values
- A guarantee of a sale
---
What does the term "commingling" mean in real estate?
- Combining personal funds for marketing
- ✔✔Mixing broker’s funds with client’s escrow funds
- Splitting commissions between brokers
- Sharing client information with third parties
---
What must a sales associate do with escrow funds received?
- Deposit them immediately into a personal account
- ✔✔Give them to their broker by the end of the next business day
3
, - Hold onto them until the transaction closes
- Return them to the buyer
---
Which of the following is an example of "dual agency"?
- Representing only the seller
- ✔✔Representing both the buyer and the seller in the same transaction
- Working with two different sellers
- Acting as a transaction broker for both parties
---
How long does a buyer have to cancel a condominium contract after receiving the condo
documents?
- ✔✔3 business days
- 7 days
- 10 days
4
