Practice Quiz

Florida Real Estate Exam - Question List

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46.
In equitable distribution rules, real property owned by a woman in Florida prior to her marriage is known after her marriage as:
  1. Separate Property
  2. Community Property
  3. Joint Property
  4. Common Property
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47.
Property is being sold whereby the purchaser is to continue the payments of an existing amortized loan secured by a first mortgage.  In order for the buyer to assume the existing mortgage without penalty, the real estate agent should check to be sure the mortgage does not include:
  1. An acceleration clause
  2. A release clause
  3. A subordination clause
  4. A requit clause
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48.
To determine the correct property tax in Florida, you would multiply the tax rate by:

  1. The appraised value
  2. The taxable value
  3. The previous sale price
  4. The mortgaged amount
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49.
Franklin is a prospective tenant for a 2 bedroom cabin.  Due to his disability, he has asked the owner if he may, at his own expense, install a ramp to the front door, and handrails and other modifications in the bathroom.  Under Florida law, the owner:

  1. May refuse to allow the modifications
  2. Must allow the modifications provided that Franklin agree to sign a two-year lease
  3. Can refuse to allow the modifications provided that the total number of rental units on that property is less than 10
  4. Must allow the modifications to be made
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50.
Landlord Wallace has reached his limit with his delinquent tenant, Perry.  While Perry is away on yet another vacation, Wallace takes that opportunity to change the locks, hoping to force the issue and collect all of the back rent when Perry returns.  In Florida, this action by the landlord is:

  1. Legal provided that a 3-day notice to “pay rent or quit” has been posted, and the three days have expired
  2. Legal provided Wallace intends to give Perry the key as soon as he receives a check for the overdue rent
  3. Legal provided that a sheriff is present to witness the changing of the locks
  4. Illegal in this situation
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