COURSE TEST EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2025 – 2026
Recovery fund (Real Estate Recovery Fund) - ANSWERS-To
reimburse those persons who have suffered $$ monetary
damages as result of violations of FS 475 by real estate
agent
The recovery fund - ANSWERS-Is maintained by fees and
fines paid by licensees.
Blockbusting - ANSWERS-Telling an owner to list or sale
because of neighborhood decline
Example-influx of minority persons
Steering - ANSWERS-Per swaying a person directly or
indirectly into or away from a neighborhood or location on
basis of race,color, religion, sex, or national origin
,Township - ANSWERS-Is 6 mikes sq and contains 36 square
miles.
MLS (Multiple Listing Service) - ANSWERS-Marketing tool for
licensees
Residential sales - ANSWERS-The sale of improved
residential property of 4 or less units, the sale of
unimproved residential property intended for use as 4 or
less, or the sale of agricultural property of 10 or fewer acres.
Tract building - ANSWERS-when a developer acquires a large
tract of land, records a subdivision plat map, and uses a
model center from which sales may be made.
moratorium - ANSWERS-a suspension of activity; an
authorized delay of building project
Florida real estate license law - ANSWERS-To protect public
Leasing - ANSWERS-For commercial properties
, Renting - ANSWERS-For residential properties
Sales associate that wants to be broker - ANSWERS-Needs to
actively licensed 24 months within 5 years
Broker Associate - ANSWERS-A person who holds a broker's
license but chooses to register and work in real estate under
the direction of another broker.
Florida rea estate license - ANSWERS-Does not require to be
resident of state or be a citizen of united states
Background questions - ANSWERS-Must discolse any
convictions
What 5 things happens when application denial - ANSWERS-
Denied by department, notified by writing, 21 days from
reciept, request formal , attend before administrative
hearing
Law 475 - ANSWERS-Law requires sales associate or broker
associate to be employed as an agent of either a broker or
owner developer not both