Florida Real Estate Exam Questions - Q&a (Verified)

Homeowners are protected from forced sale of their homesteaded property for nonpayment of which type of debt? A. special assessment liens B. vendors' lien C. home equity line of credit D. credit card bills {Ans: D. credit card bills}In the common public relationship that exists in a typical real estate transaction, buyer and sellers are said to be dealing a) in a fiduciary capacity b) at arm's length with each other c) in an agency status with each other d) under the doctrine of ethical confidentiality {Ans: b) at arm's length with each other}No later than ___ business days must the broker request a written verification of receipt of the deposit a) 10 b) 15 c) 20 d) 30 {Ans: a) 10}A broker associate is selling her own property "by owner." Which statement is TRUE regarding real estate licensees selling property "by owner" A. The licensee must disclose in the ad that she is a licensee B. The licensee must include the name of her broker in the ad C. The property must be listed with the sales associate's broker D. The licensee should disclose to a buyer prospect the fact that she holds a real estate