Core Law

Question 1

Suggesting neighbors to sell their homes due to an incoming of people from a certain ethnic background

Answer 1

Blockbusting

Question 2

Removing barriers to accessibility in public accommodations is a requirement of

Answer 2

ADA

Question 3

What are Florida homesteads NOT Protected from? NOT a benefit

Answer 3

Mortgage liens, contract liens, property taxes

Question 4

Homestead is reevaluated on Jan 1st and will not exceed 3% increase or what other factor?

Answer 4

The change in CPI (consumer price index)

Question 5

Any person that is not a US person is defined as?

Answer 5

Foreign person

Question 6

What % must be withheld if a property is for use by a transferee and is between 300,001-1,000,000

Answer 6

10%

Question 7

Average height of high tides is called?

Answer 7

Mean high water line

Question 8

Tidally influenced waters and navigable fresh bodies of water are known as?

Answer 8

Sovereignty submerged lands

Question 9

The general right of the public to possess and use certain privately owned areas for recreational purposes is called?

Answer 9

Customary use

Question 10

The Florida agency responsible for the administration of the water resources is ?

Answer 10

DEP (department of environmental protection)

Question 11

The program designed to help Florida’s coastal communities deal with flooding, erosion and habitat shifts is known as?

Answer 11

Florida Resilient Coastline Program

Question 12

An area is considered to be high risk of flooding if the chance is what percentage?

Answer 12

1%

Question 13

Anyone who solicits a mortgage loan or accepts an application for a mortgage loan is defined as a?

Answer 13

Mortgage loan originator

Question 14

Florida business rent tax is due on what type of real estate?

Answer 14

Commercial

Question 15

The term for a permit that is still with 180 days of issuance or last inspection.

Answer 15

Open permit

Question 16

What is the term for a permit that has become null and void

Answer 16

Expired permit

Question 17

A sales associate that wants to operate as an entity and not an individual must do so under what condition of business?

Answer 17

LLC or Professional Corporation

Question 18

What is the next step after the post license education?

Answer 18

14 hours of continued within two years

Question 19

Which topics are required after the first license renewal - and a part of the 14 hour course requirement.

Answer 19

Core law and business ethics

Question 20

When a sales associate changes name/address what do they submit to the DBPR and within what time frame?

Answer 20

RE-10 within 10 days

Question 21

What three things must be disclosed on a house built before 1978?

Answer 21

Known presence of lead paint

Provide EPA pamphlet

10 day inspection opportunity

Question 22

Contracting work performed on a house that is built prior to 1978 must be performed by who?

Answer 22

Certified lead contractor under EPA Renovation, repair and painting program

Question 23

The refusal, for discriminatory reasons, to make loans on properties in a particular neighborhood

Answer 23

Redlining

Question 24

Channeling of buyers/renters to/from a specific neighborhood based on racial demographics.

Answer 24

Steering