Section 2 Multiple Choice Flashcards
Geraldine was denied a license 20 years ago in California to work as a nurse. Which of the following is a true statement regarding Geraldine?
[A] 1) Geraldine must disclose the denial when applying to the Florida DBPR for a Florida real estate license.
2) Geraldine does not have to disclose the denial since it was more than ten years ago.
3) Geraldine does not have to disclose the denial since it was not in Florida.
4) Geraldine does not have to disclose the denial since it did not involve a real estate related license.
Question Feedback
[Section 2B, Slide 24]
Mr. Jones submitted his complete application for licensing through the DBPR. He wondered when he would find out whether he would be approved or denied. Which scenario contains the correct timeline for the DBPR to notify you of errors or omissions and approval or denial?
1) The DBPR must notify the applicant within 60 days if there have been any errors or omission and 120 days to approve or deny the application.
2) The DBPR must notify the applicant within 15 days if there have been any errors or omission and 30 days to approve or deny the application.
[A] 3) The DBPR must notify the applicant within 30 days if there have been any errors or omission and 90 days to approve or deny the application.
4) The DBPR must notify the applicant within 7 days if there have been any errors or omission and 14 days to approve or deny the application.
Question Feedback
[Section 2C, Slides 39-41]
Which one of the following activities do not require a license as regulated under Florida Statute 475?
1) Managing property leases for single-family homes
[A] 2) Negotiating the loan terms between a buyer and the bank
3) Appraising a property
4) Advertising property for sale
Question Feedback
[Section 2E, Slides 58-69]
Meredith was learning about real estate in her local community. She found that there were several reasons why regulation was needed and implemented to protect the public. All of the following are reasons why regulation is imposed except which one?
1) Unregulated practice can harm the public
2) The public is not adequately protected by other laws
3) Less restrictive means of regulation are not available
[A] 4) More restrictive laws cease to be in force
Question Feedback
[Section 2A, Slide 27]
A Florida attorney who completed all Florida real estate sales associate license and education requirements and held the license for 2 years can obtain a broker’s license by completing which of the following requirements?
1) The 72-hour broker course and the state broker exam but will not have to take any post broker licensing courses.
[A] 2) The 72-hour broker course, the state broker exam, and post broker licensing 60-hour courses.
3) The 72-hour broker course, the state broker exam, post broker licensing 60-hour courses and continuing education.
4) Exempt from all pre and post licensing courses but required to pass the state broker exam and continuing education courses.
Question Feedback
[Section 2C, Slide 94]
A plea of nolo contendere is best described by which of the following situations?
1) Bob had his criminal record wiped clean.
[A] 2) Mary didn’t admit to or deny a charge of possession of marijuana. Instead she chose not to contest it.
3) Tom served 6 months of probation for a misdemeanor.
4) Sarah was relieved when the judge decided to withhold judgment.
Question Feedback
[Section 2B, Slide 26]
Mika has held a Georgia real estate license for one year and has lived in Florida for six months. How is Mika able to obtain a Florida real estate license?
1) Taking a 40-question mutual recognition Florida real estate law exam.
[A] 2) Taking a 63-hour sales associate pre-license course and passing the 100-question sales associate state exam.
3) Applying for a new license under the rules of reciprocity.
4) Obtain a temporary license for six months.
Question Feedback
[Section 2D, Slides 36-38]
Which one of following is exempt from having a real estate license?
1) Helen specializing in the sale of time shares
2) Joy selling a retail store
[A] 3) Kim who gets paid a salary by an owner developer
4) Waldo showing single family homes for sale
Question Feedback
[Section 2E, Slides 77-83]
Which person would the FREC define as a Florida Resident?
1) Mary moved to Montana a year ago, but she still owns property in Florida.
2) Steve has been taking care of his mother for 3 months and is unsure if he is staying.
[A] 3) Tina is living in a rental property in Orlando and has been there for 4 months.
4) Mike bought property in south Florida but lives in Georgia.
Question Feedback
[Section 2D, Slide 38]
What does Chapter 120 regulate?
[A] 1) The procedural process of all professions and occupations
2) The administrative rules of FREC
3) The executive branch of Florida Government
4) Real Estate
Question Feedback
[Section 2A, Slide 30]
If a sales associate fails to take the 45-hour post license course before the first renewal period, what will happen to his or her license?
1) It will cease to be in force.
[A] 2) It will no longer be a valid license and would have to start over.
3) It will be inactive.
4) It will be re-activated with a 28-hour course.
Question Feedback
[Section 2E, Slide 13]
Abel has already obtained his real estate license without ever having been in trouble with the law in the past. However, he did have an incident after the fact. He did appear before a judge for his crimes and was sentenced accordingly. What course of action must he take in order to be compliant with the DBPR?
[A] 1) He must disclose the incident within 30 days, or this may be grounds for suspension.
2) He need not report the incident to the DBPR, but rather wait for them to find out about the incident and file the proper complaint against him in order to resolve the issue since self-reporting is not part of a licensee’s duties.
3) He need not report the incident to the DBPR since he already received his license before the incident occurred.
4) He must report the incident to the DBPR, but he can wait until he pays his renewal fees.
Question Feedback
[Section 2B, Slides 38-41]
A plea of adjudication withheld is best described by which of the following situations?
1) Bob had his criminal record wiped clean.
2) Mary didn’t admit to or deny a charge of possession of marijuana. Instead, she chose to not contest the charges.
[A] 3) Tom agreed to probation.
4) Sarah was sentenced to jail time for 5 years.
Question Feedback
[Section 2B, Slide 27]
