Chapter 2 - Quiz Flashcards
What is the difference between a Broker Associate and a Broker?
A Broker Associate is studying real estate under the guidance of the Broker
A Broker Associate is the Broker’s unlicensed Assistant
There is no difference
A Broker Associate has passed the Broker exam but chooses to work for a Broker
AA Broker Associate has passed the Broker exam but chooses to work for a Broker
Which of the following are exempt from real estate licensure?
An attorney acting on his client’s behalf
Sales Associate
A Property Manager working in a Property Management Company
Broker Associate
An attorney acting on his client’s behalf
When should Fingerprints be submitted?
Before enrolling in pre-licensing courses
Fingerprints are not required
As soon as an application has been submitted to DBPR
After passing the State Exam
As soon as an application has been submitted to DBPR
What is a newly licensed person working for a broker known as? An Appraiser An Unlicensed Assistant A Home Inspector A Sales Associate
A Sales Associate
Which of the following is correct?
The pre-licensing education requirement for a Broker is 72 hours
Brokers do not need to do any Post Licensing Education
The pre-licensing education requirement for a Sales Associate is 60 hours
The Post Licensing education requirement for a Sales Associate is 14 hours
The pre-licensing education requirement for a Broker is 72 hours
Which Organization approves the Sales Associate and Broker License Applications? FREC Fannie Mae DBPR NAR
DBPR
A Licensee from another State may be able to get a FL license without undergoing pre-licensing education through which of the following? Being a REALTOR® RESPA Mutual Recognition Buying a home in Florida
Mutual Recognition
Which of the following is regarded as unlicensed activity?
Attending another Sales Associate’s Open House
Showing property without having a signed Buyer Representation Agreement
Marketing to FSBO’s
Giving an opinion on a Title
Giving an opinion on a Title
What is the meaning of Caveat Emptor? Beware of the Cat Buyer Beware Pot Holing Venter Danger - Sink Holes
Buyer Beware