Chapter 2 Quiz

Question 1

If Carla is issued a Florida real estate license on July 22, 2012, when will her initial license expire?

• March 31, 2014
• July 22, 2014
• September 30, 2014
• December 31, 2014

Answer 1

March 31, 2014

>18 mo

Question 2

All of the following are services of real estate except:

• Mortgaging
• Buying
• Renting
• Exchanging

Answer 2

Mortgaging

Question 3

What is the passing score for the final exam given for the FREC Course I?

• 60
• 65
• 70
• 75

Answer 3

70

Question 4

How many hours are required to complete the continuing education requirement?

• 8
• 14
• 45
• 60

Answer 4

14

Question 5

A fully completed, application for a Florida real estate license is submitted to:

• Florida Real Estate Commission
• Department of Business and Professional Regulation, Division of Real Estate
• Florida Department of Law Enforcement
• Florida Association of Realtors

Answer 5

Department of Business and Professional Regulation, Division of Real Estate

Question 6

Which of the following statements best describes who must hold a Florida real estate license?

• Anyone that wants to work for a broker
• Anyone who performs any service of real estate, in the state of Florida, for someone else, and for compensation, unless they are exempt by law
• Anyone that wants to sell real estate
• None of the above

Answer 6

Anyone who performs any service of real estate, in the state of Florida, for someone else, and for compensation, unless they are exempt by law

Question 7

What will happen if a Florida real estate licensee fails to timely complete the post-license education requirement?

• Automatic suspension
• Cancellation
• Null and void
• Involuntary inactive

Answer 7

Null and void

Question 8

What is the experience requirement for a broker applicant that presently holds a Florida Sales Associate license?

• Must have worked as a licensed sales associate for an active real estate broker for 24 months of the preceding 5 years
• Must have worked for an active real estate broker for one year
• Must have worked for either a broker or owner/developer for 12 months of the preceding 5 years
• Must have held an active sales associate’s license for one year

Answer 8

Must have worked as a licensed sales associate for an active real estate broker for 24 months of the preceding 5 years

Question 9

Gary holds an active Georgia sales associate license. Georgia is a mutual recognition state with Florida. After moving to Tampa, Gary wants to acquire a Florida sales associate license. What steps should he take to acquire his Florida sales associate license after submitting his application?

• Pass a 40 question test on Florida law at the state exam level
• Take the 72 hour pre-license course and pass the 100 question state exam
• Take the 63 hour pre-license course and pass the 40 question state exam on Florida law
• Take the 63 hour pre-license course and pass the 100 question state exam

Answer 9

Take the 63 hour pre-license course and pass the 100 question state exam

Question 10

A real estate license applicant must possess all of the following except:

• Be 18 years of age or older
• Be a Florida resident
• Have a high school diploma or equivalent
• Possess good character

Answer 10

Be a Florida resident

Question 11

Shirley has failed the end of course exam for the FREC Course I. Which of the following applies to Shirley?

• She must repeat the entire course
• She must retake the test within 30 days
• She must wait at least 30 days before retaking the test
• She is not qualified to receive a sales associate’s license

Answer 11

She must wait at least 30 days before retaking the test

Question 12

How long is the license period for each license issued after the initial renewal period?

• 6 months
• 1 year
• 2 years
• 4 years

Answer 12

2 years