Section 2 TF Quiz

Question 1

To be considered a Florida resident, a person must have resided in Florida continuously for a period of six calendar months or more within the preceding year.

Answer 1

A. True
[A] B. False

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[Section 2D, Slide 38]; continuously for a period of four months.

Question 2

Florida Administrative Code 61J2 established the Florida Real Estate Commission rules.

Answer 2

[A] A. True
B. False

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[Section 2A, Slide 33]

Question 3

A sales associate qualifies for licensure as a broker, however, chooses to work under the direction of a broker.

Answer 3

A. True
[A] B. False

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[Section 2A, Slide 98]; Broker associate

Question 4

Florida legislature regulates professions when the unregulated practice can harm the public, the public is not adequately protected by other laws, and less restrictive means of regulation are not available.

Answer 4

[A] A. True
B. False

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[Section 2A, Slide 48]

Question 5

Individuals applying for the sales associate or broker license who also have a 4 year college degree in real estate are exempt from the pre license courses I and II, the 45-hour sales associate post license and the 60 hour broker post license course.

Answer 5

[A] A. True
B. False

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[Section 2C, Slide 93]

Question 6

Broker associates act as an intermediary between buyers and sellers and tenants and landlords.

Answer 6

A. True
[A] B. False

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[Section 2A, Slide 94]; It is the Broker that acts as an intermediary. Sales associates and broker associates work for the broker.

Question 7

All violations, including minor traffic violations, must be reported when applying for a Florida Real Estate license.

Answer 7

A. True
[A] B. False

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[Section 2B, Slide 38]; Traffic violations need not be reported.

Question 8

The initial licensing fee can be waived for military veterans and their spouses.

Answer 8

[A] A. True
B. False

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[Section 2C, Slide 17]

Question 9

The requirement of holding an active real estate license for two years out of the prior five years in order to qualify to sit for a broker exam need not have been as a Florida real estate licensee.

Answer 9

[A] A. True
B. False

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[Section 2D, Slide 13]

Question 10

Everyone registered with the DBPR holds an active or inactive license that is regulated per Florida Statutes 455.

Answer 10

A. True
[A] B. False

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[Section 2D, Slide 73]; There are situations that do not require a license however requires registration. For example, Real Estate Brokerages that are corporations must register corporate officers that are not also real estate licensees.