Florida RE FINAL EXAM 2
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Which applies if an applicant appears to have cheated on C
their state real estate exam?
A: The license will be revoked
B: The license will be suspended
C: The application will be denied
D: The application will be returned for clarification
An investigator for the Department has discovered that a C
party could damage the public while involved in a real
estate transaction. The Department may:
A: Suspend the license
B: Revoke the license
C: Issue a cease and desist order
D: Issue a writ of mandamus
Mortgage loan originators: D
A: Lend money directly
B: Are participants in the secondary market
C: Can broker real estate for commissions
D: Bring lenders and borrowers together
A broker and sales associate have. had a serious B
disagreement and the sales associate decides to move to
another office. The sales associate took copies of records
and files when she left. The sales associate may:
A: Take copies of any records or files she has personally
been involved with.
B: Be charged with bad faith
C: Be charged with larceny
D: Be charged with conversion
, Which completed statement is incorrect? An earnest D
money deposit:
A: Protects the seller should the buyer default
B: Is not required to create a valid contract
C: Is a show of good faith on the part of the buyer
D: Must be cash or certified check
To whom a real estate sales associate accept an earnest D
money deposit without the knowledge and permission of
the broker?
A: When the owner has given his consent
B: When the broker is out of time
C: When both the owner and the broker are unavailable
D: Never
membership on the commission is obtained by: B
A: Election of the senate and confirmation by the
governor
B: Appointment by the governor and subject to
conformation by the senate
C: Appointed by the secretary of the Department and
subject to approval of the governor.
D: Appointed by the governor and subject to
confirmation by the secretary of state
Andy submitted his application to take the state exam
and passed. Andy can begin operating when:
A: the DBPR received the appropriate form with the
employment section properly completed
B: He has received his official notice and license in the
mail.
C: His employing brokers notifies him the license has
been received in the office
D: He receives written conformation of his passing grade
at the examination site.
If a licensee is guilty of concealment, he or she: B
A: may have violated the statute of frauds
B: May be guilty of fraud
C: Will have his or her license revoked
D: Will have his or her license suspended
A real estate brokerage partnership has three actively A
licensed brokers. If one of the brokers fails to renew,
what effect does this have on the partnership
registration?
A: no effect
B: suspended
C: revoked
D: canceled
Save
Students also studied
LS 11 & 12 ECON Unit 5: Agricultural and Rural Land-... Economics Final Econom
20 terms 83 terms 12 terms 56 terms
JuneRayy Preview BlackShark67423 Preview Kenzie122407 Preview Just
Which applies if an applicant appears to have cheated on C
their state real estate exam?
A: The license will be revoked
B: The license will be suspended
C: The application will be denied
D: The application will be returned for clarification
An investigator for the Department has discovered that a C
party could damage the public while involved in a real
estate transaction. The Department may:
A: Suspend the license
B: Revoke the license
C: Issue a cease and desist order
D: Issue a writ of mandamus
Mortgage loan originators: D
A: Lend money directly
B: Are participants in the secondary market
C: Can broker real estate for commissions
D: Bring lenders and borrowers together
A broker and sales associate have. had a serious B
disagreement and the sales associate decides to move to
another office. The sales associate took copies of records
and files when she left. The sales associate may:
A: Take copies of any records or files she has personally
been involved with.
B: Be charged with bad faith
C: Be charged with larceny
D: Be charged with conversion
, Which completed statement is incorrect? An earnest D
money deposit:
A: Protects the seller should the buyer default
B: Is not required to create a valid contract
C: Is a show of good faith on the part of the buyer
D: Must be cash or certified check
To whom a real estate sales associate accept an earnest D
money deposit without the knowledge and permission of
the broker?
A: When the owner has given his consent
B: When the broker is out of time
C: When both the owner and the broker are unavailable
D: Never
membership on the commission is obtained by: B
A: Election of the senate and confirmation by the
governor
B: Appointment by the governor and subject to
conformation by the senate
C: Appointed by the secretary of the Department and
subject to approval of the governor.
D: Appointed by the governor and subject to
confirmation by the secretary of state
Andy submitted his application to take the state exam
and passed. Andy can begin operating when:
A: the DBPR received the appropriate form with the
employment section properly completed
B: He has received his official notice and license in the
mail.
C: His employing brokers notifies him the license has
been received in the office
D: He receives written conformation of his passing grade
at the examination site.
If a licensee is guilty of concealment, he or she: B
A: may have violated the statute of frauds
B: May be guilty of fraud
C: Will have his or her license revoked
D: Will have his or her license suspended
A real estate brokerage partnership has three actively A
licensed brokers. If one of the brokers fails to renew,
what effect does this have on the partnership
registration?
A: no effect
B: suspended
C: revoked
D: canceled
