Florida Real Estate Exam /
Comprehensive Expert
Strategies, Review of Key
Quizzes, and Practice Questions
for Guaranteed Success
_____________Quiz____________?
Owners that buy income properties as investments and depend on professionals to manage them -
Answer✓✓
Absentee Owners
_____________Quiz____________?
a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal
-
Answer✓✓
CMA -Comparative Market Analysis...
_____________Quiz____________?
A contractor is employed by an owner of land to build on that land to the owner's specifications -
Answer✓✓
Custom Building
_____________Quiz____________?
When a contractor builds on his own land with the hope of locating a purchaser after construction has
been completed -
Answer✓✓
Speculative building
1
,_____________Quiz____________?
A developer that acquires a large that aquires a large tract of land and builds a model center from which
sales may be made -
Answer✓✓
tract building
_____________Quiz____________?
Property management has grown as a service of real estate primarily bc of an increase of _______
_________ -
Answer✓✓
Absentee Ownership
_____________Quiz____________?
The category of construction that applies when a property owner employs a contractor to build on his
or her lot is called________ ___________ -
Answer✓✓
Custom Building
_____________Quiz____________?
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 -
Answer✓✓
C. the time and difficulty of the appraisal
_____________Quiz____________?
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:
2
,a. tract
b. custom
c. speculative
d. subdivision -
Answer✓✓
b. custom
_____________Quiz____________?
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: -
Answer✓✓
1. Preforming a service of real estate
2. In the state of Florida
3. For another
4. For compensation
_____________Quiz____________?
_________ has been defined to include anything or any service of Value paid, recieved or expected to
be paid or recieved. -
Answer✓✓
Compensation
_____________Quiz____________?
The postlicense educational course for sales associate consists of ________ hours -
Answer✓✓
45
_____________Quiz____________?
The continuing education requirement consists of ______ hours -
3
, Answer✓✓
14
_____________Quiz____________?
Florida Real estate sales associates that desire to become brokers must wait _______ ________
before taking the state exam. -
Answer✓✓
one year
_____________Quiz____________?
A tenant in an apartment complex may recieve up to ______ for refferal of a new tenant for the same
complex. -
Answer✓✓
$50
_____________Quiz____________?
________ ________ education must be completed during the initial sales associates's license period. -
Answer✓✓
Post Licensing
_____________Quiz____________?
Owner-employers of licensed real estate sales associates are allowed to pay them:
a. on a salary basis only
b. on a commision basis only
c. a commission , but not a bonus
d. a commission or salary -
Answer✓✓
d. a commission or salary
_____________Quiz____________?
4
Comprehensive Expert
Strategies, Review of Key
Quizzes, and Practice Questions
for Guaranteed Success
_____________Quiz____________?
Owners that buy income properties as investments and depend on professionals to manage them -
Answer✓✓
Absentee Owners
_____________Quiz____________?
a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal
-
Answer✓✓
CMA -Comparative Market Analysis...
_____________Quiz____________?
A contractor is employed by an owner of land to build on that land to the owner's specifications -
Answer✓✓
Custom Building
_____________Quiz____________?
When a contractor builds on his own land with the hope of locating a purchaser after construction has
been completed -
Answer✓✓
Speculative building
1
,_____________Quiz____________?
A developer that acquires a large that aquires a large tract of land and builds a model center from which
sales may be made -
Answer✓✓
tract building
_____________Quiz____________?
Property management has grown as a service of real estate primarily bc of an increase of _______
_________ -
Answer✓✓
Absentee Ownership
_____________Quiz____________?
The category of construction that applies when a property owner employs a contractor to build on his
or her lot is called________ ___________ -
Answer✓✓
Custom Building
_____________Quiz____________?
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 -
Answer✓✓
C. the time and difficulty of the appraisal
_____________Quiz____________?
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:
2
,a. tract
b. custom
c. speculative
d. subdivision -
Answer✓✓
b. custom
_____________Quiz____________?
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: -
Answer✓✓
1. Preforming a service of real estate
2. In the state of Florida
3. For another
4. For compensation
_____________Quiz____________?
_________ has been defined to include anything or any service of Value paid, recieved or expected to
be paid or recieved. -
Answer✓✓
Compensation
_____________Quiz____________?
The postlicense educational course for sales associate consists of ________ hours -
Answer✓✓
45
_____________Quiz____________?
The continuing education requirement consists of ______ hours -
3
, Answer✓✓
14
_____________Quiz____________?
Florida Real estate sales associates that desire to become brokers must wait _______ ________
before taking the state exam. -
Answer✓✓
one year
_____________Quiz____________?
A tenant in an apartment complex may recieve up to ______ for refferal of a new tenant for the same
complex. -
Answer✓✓
$50
_____________Quiz____________?
________ ________ education must be completed during the initial sales associates's license period. -
Answer✓✓
Post Licensing
_____________Quiz____________?
Owner-employers of licensed real estate sales associates are allowed to pay them:
a. on a salary basis only
b. on a commision basis only
c. a commission , but not a bonus
d. a commission or salary -
Answer✓✓
d. a commission or salary
_____________Quiz____________?
4
