Complete 200+ Questions with 100% Correct Detailed
Answers (Verified Answers) PASS!! 45 Hour Post License
Florida Updated 2025
The largest trade association in the state is _________ - Correct Answer
- The Florida Association of Realtors (FAR)
The duties required by the Code of Ethics are: - Correct Answer - 1.
Duties to clients and customers
2. Duties to the public in general
3. Duties to other real estate licensees
Florida home inspectors must have a: - Correct Answer - High-school
diploma, Complete 120 hours, and Pass a state exam
The three types of operating expenses of an income producing property
are: - Correct Answer - Fixed, Variable, and Reserve for Replacements
Apartments currently available for rent, in excellent condition and ready
to show to prospects are on the... - Correct Answer - Show List
pg. 1
,If a Sales Associate inserts a handwritten provision that is in conflict
with the printed terms of a contract - Correct Answer - The handwritten
portion supersedes the printed provision
The principle of conformity in a subdivision is protected by - Correct
Answer
- Restrictive Covenants
The last item to be covered when presenting an offer is: - Correct
Answer - Price
A non-cash expense that plans for the eventual wearing out of major
property components is - Correct Answer - Reserves for replacements
...is the illegal practice of charging higher interest rates for homes
located in a minority area - Correct Answer - Redlining
Long-term capital gains are taxed at a maximum rate of.... - Correct
Answer - 15%
If a sales contract describes each piece of personal property remaining
with property after the sale and includes a separate price for each
piece: - Correct Answer - sales tax must be paid on the personal
property
pg. 2
,When staging a home a seller should not... - Correct Answer - use
unique decorating touches
A licensee may prepare an appraisal if he/she is not involved in the sale
and/or - Correct Answer - The listing of the property
Name four characteristics you should look for when selecting a farm
area: - Correct Answer - #1 high-turn-over (most important), increasing
property values, not being farmed, amd mid-to-upper price range
2 successive quarterly increases of the GDP is - Correct Answer -
Recovery
Concerning the Junk Fax Protection Act what is the term for the
following definition? "A prior existing relationship formed by a
voluntary two-way communication between persons entities or
business." - Correct Answer - Established Business Relationship
What law prevents a private homeowner form discrimination against
race when selling his/her home? - Correct Answer - Civil Rights Act of
1866
The Americans with Disabilities Act (ADA) doesn't protect persons
with... - Correct Answer - Substance Abuse, Temporary Impairments,
Homosexuality, Juveniles, or Sexual Offenders
pg. 3
, Name 5 Post Closing Duties.... - Correct Answer - 1. Remove the for sale
sign
2. Commission check to the Broker
3. Thank you letter to the seller/buyer
4. Change MLS status after closing
5. visit customer for follow up
The Real Estate Settlement Procedures Act (RESPA) - Correct Answer - A
redesigned three page Good Faith Estimate (GFE)
What requirements must loan originators meet annually at renewal
time? - Correct Answer - Have a criminal background check made
What are the 8 requirements for a successful listing presentation? -
Correct Answer - 1. all parties necessary to sign/present
2. sellers prepared to list
3. know the presentation
4. have and know the contact information
5. have a CMA
6. information organized
7. professional appearance
8. on time
pg. 4
Answers (Verified Answers) PASS!! 45 Hour Post License
Florida Updated 2025
The largest trade association in the state is _________ - Correct Answer
- The Florida Association of Realtors (FAR)
The duties required by the Code of Ethics are: - Correct Answer - 1.
Duties to clients and customers
2. Duties to the public in general
3. Duties to other real estate licensees
Florida home inspectors must have a: - Correct Answer - High-school
diploma, Complete 120 hours, and Pass a state exam
The three types of operating expenses of an income producing property
are: - Correct Answer - Fixed, Variable, and Reserve for Replacements
Apartments currently available for rent, in excellent condition and ready
to show to prospects are on the... - Correct Answer - Show List
pg. 1
,If a Sales Associate inserts a handwritten provision that is in conflict
with the printed terms of a contract - Correct Answer - The handwritten
portion supersedes the printed provision
The principle of conformity in a subdivision is protected by - Correct
Answer
- Restrictive Covenants
The last item to be covered when presenting an offer is: - Correct
Answer - Price
A non-cash expense that plans for the eventual wearing out of major
property components is - Correct Answer - Reserves for replacements
...is the illegal practice of charging higher interest rates for homes
located in a minority area - Correct Answer - Redlining
Long-term capital gains are taxed at a maximum rate of.... - Correct
Answer - 15%
If a sales contract describes each piece of personal property remaining
with property after the sale and includes a separate price for each
piece: - Correct Answer - sales tax must be paid on the personal
property
pg. 2
,When staging a home a seller should not... - Correct Answer - use
unique decorating touches
A licensee may prepare an appraisal if he/she is not involved in the sale
and/or - Correct Answer - The listing of the property
Name four characteristics you should look for when selecting a farm
area: - Correct Answer - #1 high-turn-over (most important), increasing
property values, not being farmed, amd mid-to-upper price range
2 successive quarterly increases of the GDP is - Correct Answer -
Recovery
Concerning the Junk Fax Protection Act what is the term for the
following definition? "A prior existing relationship formed by a
voluntary two-way communication between persons entities or
business." - Correct Answer - Established Business Relationship
What law prevents a private homeowner form discrimination against
race when selling his/her home? - Correct Answer - Civil Rights Act of
1866
The Americans with Disabilities Act (ADA) doesn't protect persons
with... - Correct Answer - Substance Abuse, Temporary Impairments,
Homosexuality, Juveniles, or Sexual Offenders
pg. 3
, Name 5 Post Closing Duties.... - Correct Answer - 1. Remove the for sale
sign
2. Commission check to the Broker
3. Thank you letter to the seller/buyer
4. Change MLS status after closing
5. visit customer for follow up
The Real Estate Settlement Procedures Act (RESPA) - Correct Answer - A
redesigned three page Good Faith Estimate (GFE)
What requirements must loan originators meet annually at renewal
time? - Correct Answer - Have a criminal background check made
What are the 8 requirements for a successful listing presentation? -
Correct Answer - 1. all parties necessary to sign/present
2. sellers prepared to list
3. know the presentation
4. have and know the contact information
5. have a CMA
6. information organized
7. professional appearance
8. on time
pg. 4
