Bob Hogue - Pre Lic. Test Questions and
Answers
Which |statement |concerning |broker's |price |opinions |(BPOs) |is |TRUE?
A) |The |payment |for |a |BPO |must |be |paid |to |the |broker |and |not |directly |to |the |sales
|associate |who |prepared |the |BPO.
B) |A |broker's |license |is |required |to |conduct |a |BPO.
C) |A |BPO |is |also |referred |to |as |an |appraisal |of |real |property.
D) |All |BPOs |must |conform |to |Uniform |Standards |of |Professional |Appraisal |Practice
|(USPAP). |- |Answer- | | | | |A
Which |document |would |contain |information |regarding |the |architectural |design
|standards |that |must |be |used |in |a |particular |subdivision?
A) |Zoning |code
B) |Restrictive |covenants
C) |Subdivision |plat |map
D) |Building |code |book |- |Answer- | | | | |B
Which |property |is |defined |as |residential |real |estate |under |Chapter |475, |Florida
|statutes?
A) |Fifty-unit |apartment |complex
B) |Neighborhood |grocery |store
C) |Eight |acres |of |agricultural |property
D) |Local |elementary |school |- |Answer- | | | | |C
A |map |that |indicates |the |size |and |location |of |individual |lots, |streets, |and |public |utilities
|within |a |new |development |is |called |a(n)
A) |elevation.
B) |architectural |drawing.
C) |subdivision |plat |map.
D) |topography |map. |- |Answer- | | | | |C
A |couple |tours |several |model |homes |in |a |new |subdivision. |The |couple |decides |to
|purchase |one |of |the |available |lots |and |have |the |builder |construct |one |of |the |model
|floor |plans |on |the |lot. |Which |type |of |construction |is |this?
A) |Modular |home
B) |Tract |home
C) |Custom |home
D) |Contract |home |- |Answer- | | | | |B
In |which |way |does |state |government |influence |the |real |estate |business?
A) |Identification |of |coastal |regions
,B) |Property |taxation
C) |Occupational |licensing
D) |Zoning |- |Answer- | | | | |A
What |type |of |license |or |other |credential |is |required |for |an |individual |to |engage |in |the
|sale, |purchase, |or |lease |of |businesses |for |others?
A) |Commercial |business |license
B) |Real |estate |license
C) |Business |broker |license
D) |Member |of |national |association |of |business |brokers |- |Answer- | | | | |B
Which |instrument |can |be |used |by |a |property |owner |to |control |how |a |particular |parcel
|of |real |property |may |be |utilized |by |future |property |owners?
A) |Special |exception
B) |Zoning |code
C) |Deed |restrictions
D) |Restrictive |covenants |- |Answer- | | | | |C
A |marketing |tool |used |by |real |estate |licensees |in |the |process |of |soliciting |for |listings
|that |is |intended |to |help |sellers |determine |an |asking |price |is |known |as |a(n)
A) |appraisal |report.
B) |comparative |market |analysis.
C) |appraisal.
D) |federally |related |transaction. |- |Answer- | | | | |B
A |developer |transfers |to |the |city |privately |owned |streets |in |a |subdivision |with |the
|agreement |that |the |city |will |maintain |the |streets |in |the |future. |This |process |is |known |as
A) |entrepreneurship.
B) |eminent |domain.
C) |dedication.
D) |land |acquisition. |- |Answer- | | | | |C
Which |property |would |be |defined |as |agricultural |property |under |Chapter |475 |of |the
|Florida |statutes?
A) |A |farm |house |and |five-acre |ranch
B) |The |sale |of |a |rural |grocery |store
C) |Warehouses |for |storing |agricultural |products |in |an |industrial |park
D) |15 |acres |of |undeveloped |agricultural |land |- |Answer- | | | | |D
The |sales |associate |that |worked |with |the |buyer |in |the |transaction |sets |up |an
|appointment |with |the |buyers |to |visit |them |six |weeks |after |the |sale. |The |sales |associate
|routinely |makes |a |visit |after |the |title |closing |to |thank |the |buyers |for |choosing |her |real
|estate |company |and |to |extend |an |offer |to |help |with |the |buyers' |future |real |estate
|needs. |What |type |of |service |is |the |sales |associate |providing?
A)Delayed |customer |contact
,B)Door-to-door |sales
C)Final |walk-through |and |property |inspection
D)Follow-up |- |Answer- | | | | |D
Which |individual |must |hold |a |Florida |real |estate |license?
A)Individual |who |sells |cemetery |lots
B)Individual |who |rents |lots |in |a |mobile |home |park
C)Salesperson |who |works |for |a |real |estate |developer |and |is |paid |a |salary
D)Lawyer |who |receives |a |share |of |the |commission |for |each |transaction |resulting |from
|the |referral |of |a |client |to |a |local |brokerage |office |- |Answer- | | | | |D
An |applicant |has |been |issued |a |broker's |license. |The |broker |licensee |does |not |want |to
|own |her |own |real |estate |brokerage |business. |The |licensee |went |to |work |selling |real
|estate |under |another |broker. |She |is |BEST |described |as |a
A)broker.
B)staff |worker.
C)broker |associate.
D)sales |associate. |- |Answer- | | | | |C
"Nolo |contendere" |is |a |term |that |means
A)no |one |witnessed |the |signature.
B)no |contest.
C)no |compensation |is |paid |for |services.
D)property |was |seized |from |the |owner. |- |Answer- | | | | |B
Which |individual |is |NOT |exempt |from |holding |a |Florida |real |estate |license?
A)An |individual |who |appraises |railroad |property |for |tax |purposes
B)A |salaried |employee |who |works |as |a |manager |of |a |condominium |complex |and |rents
|individual |units |for |periods |of |one |year |or |less
C)Certified |public |account |(CPA) |who |is |employed |by |a |real |estate |corporation |and
|receives |a |salary |plus |bonuses |based |on |real |estate |transactions
D)A |person |who |sells |cemetery |lots |- |Answer- | | | | |C
Attorneys |who |are |active |members |in |good |standing |with |The |Florida |Bar |are |exempt
|from |which |education |requirement?
A)FREC |Course |I |for |sales |associates
B)FREC |Course |II |for |brokers
C)45-hour |post-licensing |education |for |sales |associates
D)Sales |associate |state |license |exam |- |Answer- | | | | |A
A |first |time |homebuyer |responds |to |a |for |sale-by-owner |yard |sign |and |walks |through |a
|home |for |sale. |The |buyer |is |not |sure |what |recent |prices |homes |in |the |neighborhood
|have |been |commanding |or |what |is |a |reasonable |offering |price. |This |situation |is |BEST
|described |as
A)real |estate |give |and |take.
, B)eminent |domain.
C)caveat |emptor.
D)economics. |- |Answer- | | | | |C
An |individual |who |received |a |four-year |degree |in |real |estate |from |a |state |university |is
|NOT |exempt |from |which |license |requirement?
A)FREC |Course |II |for |brokers
B)Post-license |education
C)FREC |Course |I |for |sales |associates
D)State |license |exam |- |Answer- | | | | |D
The |rules |of |the |Florida |Real |Estate |Commission |are |found |in
A)Florida |Statute |455.
B)Chapter |61J2.
C)Florida |Statute |475.
D)Florida |Statute |120. |- |Answer- | | | | |B
A |student |who |fails |the |sales |associate |end-of-course |exam |must |wait |how |long |from
|the |date |of |the |original |examination |to |retest?
A)30 |days
B)7 |days
C)14 |days
D)24 |hours |- |Answer- | | | | |A
For |licensing |purposes, |a |resident |of |Florida |is |defined |as |a |person |who |has |resided |in
|Florida |for |what |period |of |time?
A)6 |months
B)2 |years
C)4 |months
D)1 |year |- |Answer- | | | | |C
What |is |required |of |all |nonresident |license |applicants?
A)Pay |an |additional |out-of-state |nonresident |license |fee
B)U.S. |citizenship
C)Agree |to |the |irrevocable |consent |to |service |section |on |the |license |application
D)Agree |to |refer |all |out-of-state |clients |to |an |affiliate |broker |located |in |the |state |of
|Florida |- |Answer- | | | | |C
What |is |the |percentage |passing |score |on |the |state |license |exam?
A) |75
B) |80
C)90
D) |70 |- |Answer- | | | | |A
Answers
Which |statement |concerning |broker's |price |opinions |(BPOs) |is |TRUE?
A) |The |payment |for |a |BPO |must |be |paid |to |the |broker |and |not |directly |to |the |sales
|associate |who |prepared |the |BPO.
B) |A |broker's |license |is |required |to |conduct |a |BPO.
C) |A |BPO |is |also |referred |to |as |an |appraisal |of |real |property.
D) |All |BPOs |must |conform |to |Uniform |Standards |of |Professional |Appraisal |Practice
|(USPAP). |- |Answer- | | | | |A
Which |document |would |contain |information |regarding |the |architectural |design
|standards |that |must |be |used |in |a |particular |subdivision?
A) |Zoning |code
B) |Restrictive |covenants
C) |Subdivision |plat |map
D) |Building |code |book |- |Answer- | | | | |B
Which |property |is |defined |as |residential |real |estate |under |Chapter |475, |Florida
|statutes?
A) |Fifty-unit |apartment |complex
B) |Neighborhood |grocery |store
C) |Eight |acres |of |agricultural |property
D) |Local |elementary |school |- |Answer- | | | | |C
A |map |that |indicates |the |size |and |location |of |individual |lots, |streets, |and |public |utilities
|within |a |new |development |is |called |a(n)
A) |elevation.
B) |architectural |drawing.
C) |subdivision |plat |map.
D) |topography |map. |- |Answer- | | | | |C
A |couple |tours |several |model |homes |in |a |new |subdivision. |The |couple |decides |to
|purchase |one |of |the |available |lots |and |have |the |builder |construct |one |of |the |model
|floor |plans |on |the |lot. |Which |type |of |construction |is |this?
A) |Modular |home
B) |Tract |home
C) |Custom |home
D) |Contract |home |- |Answer- | | | | |B
In |which |way |does |state |government |influence |the |real |estate |business?
A) |Identification |of |coastal |regions
,B) |Property |taxation
C) |Occupational |licensing
D) |Zoning |- |Answer- | | | | |A
What |type |of |license |or |other |credential |is |required |for |an |individual |to |engage |in |the
|sale, |purchase, |or |lease |of |businesses |for |others?
A) |Commercial |business |license
B) |Real |estate |license
C) |Business |broker |license
D) |Member |of |national |association |of |business |brokers |- |Answer- | | | | |B
Which |instrument |can |be |used |by |a |property |owner |to |control |how |a |particular |parcel
|of |real |property |may |be |utilized |by |future |property |owners?
A) |Special |exception
B) |Zoning |code
C) |Deed |restrictions
D) |Restrictive |covenants |- |Answer- | | | | |C
A |marketing |tool |used |by |real |estate |licensees |in |the |process |of |soliciting |for |listings
|that |is |intended |to |help |sellers |determine |an |asking |price |is |known |as |a(n)
A) |appraisal |report.
B) |comparative |market |analysis.
C) |appraisal.
D) |federally |related |transaction. |- |Answer- | | | | |B
A |developer |transfers |to |the |city |privately |owned |streets |in |a |subdivision |with |the
|agreement |that |the |city |will |maintain |the |streets |in |the |future. |This |process |is |known |as
A) |entrepreneurship.
B) |eminent |domain.
C) |dedication.
D) |land |acquisition. |- |Answer- | | | | |C
Which |property |would |be |defined |as |agricultural |property |under |Chapter |475 |of |the
|Florida |statutes?
A) |A |farm |house |and |five-acre |ranch
B) |The |sale |of |a |rural |grocery |store
C) |Warehouses |for |storing |agricultural |products |in |an |industrial |park
D) |15 |acres |of |undeveloped |agricultural |land |- |Answer- | | | | |D
The |sales |associate |that |worked |with |the |buyer |in |the |transaction |sets |up |an
|appointment |with |the |buyers |to |visit |them |six |weeks |after |the |sale. |The |sales |associate
|routinely |makes |a |visit |after |the |title |closing |to |thank |the |buyers |for |choosing |her |real
|estate |company |and |to |extend |an |offer |to |help |with |the |buyers' |future |real |estate
|needs. |What |type |of |service |is |the |sales |associate |providing?
A)Delayed |customer |contact
,B)Door-to-door |sales
C)Final |walk-through |and |property |inspection
D)Follow-up |- |Answer- | | | | |D
Which |individual |must |hold |a |Florida |real |estate |license?
A)Individual |who |sells |cemetery |lots
B)Individual |who |rents |lots |in |a |mobile |home |park
C)Salesperson |who |works |for |a |real |estate |developer |and |is |paid |a |salary
D)Lawyer |who |receives |a |share |of |the |commission |for |each |transaction |resulting |from
|the |referral |of |a |client |to |a |local |brokerage |office |- |Answer- | | | | |D
An |applicant |has |been |issued |a |broker's |license. |The |broker |licensee |does |not |want |to
|own |her |own |real |estate |brokerage |business. |The |licensee |went |to |work |selling |real
|estate |under |another |broker. |She |is |BEST |described |as |a
A)broker.
B)staff |worker.
C)broker |associate.
D)sales |associate. |- |Answer- | | | | |C
"Nolo |contendere" |is |a |term |that |means
A)no |one |witnessed |the |signature.
B)no |contest.
C)no |compensation |is |paid |for |services.
D)property |was |seized |from |the |owner. |- |Answer- | | | | |B
Which |individual |is |NOT |exempt |from |holding |a |Florida |real |estate |license?
A)An |individual |who |appraises |railroad |property |for |tax |purposes
B)A |salaried |employee |who |works |as |a |manager |of |a |condominium |complex |and |rents
|individual |units |for |periods |of |one |year |or |less
C)Certified |public |account |(CPA) |who |is |employed |by |a |real |estate |corporation |and
|receives |a |salary |plus |bonuses |based |on |real |estate |transactions
D)A |person |who |sells |cemetery |lots |- |Answer- | | | | |C
Attorneys |who |are |active |members |in |good |standing |with |The |Florida |Bar |are |exempt
|from |which |education |requirement?
A)FREC |Course |I |for |sales |associates
B)FREC |Course |II |for |brokers
C)45-hour |post-licensing |education |for |sales |associates
D)Sales |associate |state |license |exam |- |Answer- | | | | |A
A |first |time |homebuyer |responds |to |a |for |sale-by-owner |yard |sign |and |walks |through |a
|home |for |sale. |The |buyer |is |not |sure |what |recent |prices |homes |in |the |neighborhood
|have |been |commanding |or |what |is |a |reasonable |offering |price. |This |situation |is |BEST
|described |as
A)real |estate |give |and |take.
, B)eminent |domain.
C)caveat |emptor.
D)economics. |- |Answer- | | | | |C
An |individual |who |received |a |four-year |degree |in |real |estate |from |a |state |university |is
|NOT |exempt |from |which |license |requirement?
A)FREC |Course |II |for |brokers
B)Post-license |education
C)FREC |Course |I |for |sales |associates
D)State |license |exam |- |Answer- | | | | |D
The |rules |of |the |Florida |Real |Estate |Commission |are |found |in
A)Florida |Statute |455.
B)Chapter |61J2.
C)Florida |Statute |475.
D)Florida |Statute |120. |- |Answer- | | | | |B
A |student |who |fails |the |sales |associate |end-of-course |exam |must |wait |how |long |from
|the |date |of |the |original |examination |to |retest?
A)30 |days
B)7 |days
C)14 |days
D)24 |hours |- |Answer- | | | | |A
For |licensing |purposes, |a |resident |of |Florida |is |defined |as |a |person |who |has |resided |in
|Florida |for |what |period |of |time?
A)6 |months
B)2 |years
C)4 |months
D)1 |year |- |Answer- | | | | |C
What |is |required |of |all |nonresident |license |applicants?
A)Pay |an |additional |out-of-state |nonresident |license |fee
B)U.S. |citizenship
C)Agree |to |the |irrevocable |consent |to |service |section |on |the |license |application
D)Agree |to |refer |all |out-of-state |clients |to |an |affiliate |broker |located |in |the |state |of
|Florida |- |Answer- | | | | |C
What |is |the |percentage |passing |score |on |the |state |license |exam?
A) |75
B) |80
C)90
D) |70 |- |Answer- | | | | |A
