Azure Tide Real Estate Final Exam Latest Update
2025-2026 100 Questions and 100% Verified
Correct Answers Guaranteed A+
$115,000 with a rate of return of 12.5%, what is the monthly net income? - CORRECT
ANSWER: $1,197.92
A building erected permanently on a property is considered what? - CORRECT
ANSWER: real property
A deal failed to close because the buyer was unable to secure financing. The broker
received conflicting demands regarding the earnest money. How long does the broker
have to notify the FREC that the conflict exists? - CORRECT ANSWER: 15 days
A few brokers have lunch together and agree to charge all clients 7% commission for
the next 3 months. This agreement is an example of what? - CORRECT ANSWER:
price fixing
A landlord has how many days to return a tenant's security deposit if not making a claim
on the deposit? - CORRECT ANSWER: 15
A property sold for $350,000 and rents for $3,000 a month. A second property sold for
$300,000 and rents for $2,500 a month. A third property sold for $310,000 and rents for
$2,300 a month. Using the Gross Rent Multiplier method, determine the average GRM
of the three properties. - CORRECT ANSWER: 123.82
A real estate agent that can call him or herself a REALTOR® means he or she has met
which of the following criteria? - CORRECT ANSWER: Is a member of the National
Association of REALTORS®
A sales associate receives a check for the earnest money with a contract and gives it to
her broker immediately. Which of the following would be an appropriate action for the
, broker to take next? - CORRECT ANSWER: Both the second or third option are legal
ways to handle the deposit.
Adrian died intestate. After an extensive search, he was found to have a niece. How
would Adrian's real property transfer? - CORRECT ANSWER: by descent
All the following are acceptable to register with the DBPR as a real estate brokerage
except which of the following? - CORRECT ANSWER: Corporation sole
All the following are the methods used by an appraiser to determine the value of
property except? - CORRECT ANSWER: Comparative Market Analysis
An advantage of Real Estate Investments includes all except what? - CORRECT
ANSWER: liquidity
An agent, broker or lender who is trying to scare owners in a neighborhood into selling
their property by suggesting that property values will drop when a protected class
moves into the area is an example of what? - CORRECT ANSWER: Blockbusting
Andreniki has recently moved to the United States and is living in Georgia. She is not
yet a U.S. citizen, but does have a U.S. social security number. Which statement is true
about her application as a Florida real estate licensee? - CORRECT ANSWER:
Andreniki does not need to be a U.S. citizen to be eligible as a Florida real estate
licensee.
April, a sales associate, represented a buyer and seller in the same transaction. She
presented the buyer with the homeowner association disclosure two days before
closing. Which statement is false? - CORRECT ANSWER: April's right to rescind doesn't
count down until she receives the actual homeowner association documents.
2025-2026 100 Questions and 100% Verified
Correct Answers Guaranteed A+
$115,000 with a rate of return of 12.5%, what is the monthly net income? - CORRECT
ANSWER: $1,197.92
A building erected permanently on a property is considered what? - CORRECT
ANSWER: real property
A deal failed to close because the buyer was unable to secure financing. The broker
received conflicting demands regarding the earnest money. How long does the broker
have to notify the FREC that the conflict exists? - CORRECT ANSWER: 15 days
A few brokers have lunch together and agree to charge all clients 7% commission for
the next 3 months. This agreement is an example of what? - CORRECT ANSWER:
price fixing
A landlord has how many days to return a tenant's security deposit if not making a claim
on the deposit? - CORRECT ANSWER: 15
A property sold for $350,000 and rents for $3,000 a month. A second property sold for
$300,000 and rents for $2,500 a month. A third property sold for $310,000 and rents for
$2,300 a month. Using the Gross Rent Multiplier method, determine the average GRM
of the three properties. - CORRECT ANSWER: 123.82
A real estate agent that can call him or herself a REALTOR® means he or she has met
which of the following criteria? - CORRECT ANSWER: Is a member of the National
Association of REALTORS®
A sales associate receives a check for the earnest money with a contract and gives it to
her broker immediately. Which of the following would be an appropriate action for the
, broker to take next? - CORRECT ANSWER: Both the second or third option are legal
ways to handle the deposit.
Adrian died intestate. After an extensive search, he was found to have a niece. How
would Adrian's real property transfer? - CORRECT ANSWER: by descent
All the following are acceptable to register with the DBPR as a real estate brokerage
except which of the following? - CORRECT ANSWER: Corporation sole
All the following are the methods used by an appraiser to determine the value of
property except? - CORRECT ANSWER: Comparative Market Analysis
An advantage of Real Estate Investments includes all except what? - CORRECT
ANSWER: liquidity
An agent, broker or lender who is trying to scare owners in a neighborhood into selling
their property by suggesting that property values will drop when a protected class
moves into the area is an example of what? - CORRECT ANSWER: Blockbusting
Andreniki has recently moved to the United States and is living in Georgia. She is not
yet a U.S. citizen, but does have a U.S. social security number. Which statement is true
about her application as a Florida real estate licensee? - CORRECT ANSWER:
Andreniki does not need to be a U.S. citizen to be eligible as a Florida real estate
licensee.
April, a sales associate, represented a buyer and seller in the same transaction. She
presented the buyer with the homeowner association disclosure two days before
closing. Which statement is false? - CORRECT ANSWER: April's right to rescind doesn't
count down until she receives the actual homeowner association documents.
