Practice Quiz

Florida Real Estate Exam - Question List

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81.
The Franchise Investment Law is written primarily for the protection of:

  1. Franchisees and/or sub-franchisers who have purchased rights to an exclusive geographic territory
  2. Stockholders of franchiser corporations with a net worth of less than $500,000
  3. Prospective franchisees when considering the purchase of a franchise
  4. None of the above
See answer
82.
In a valid Quitclaim Deed:

  1. The grantor must be seized of fee
  2. The only warranty is the expressed or implied warranty that the grantor owns, or has an interest in, the property
  3. There is a conveyance of after-acquired title
  4. None of the above
See answer
83.
Using borrowed funds when available at rates that are below the equity yield of an investment property:

  1. Is illegal
  2. Increases the cash flow
  3. Enhances the equity yield
  4. Decreases the equity yield
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84.
A “real estate appraisal” is an estimate of value:

  1. Based upon replacement costs
  2. Based upon analysis of fact as of a specific date
  3. Derived from income data covering at least the preceding six months
  4. Derived from average tax assessments covering the past five years
See answer
85.
Freehold estates would include which of the following:

  1. A life estate
  2. A leasehold estate
  3. An estate for years
  4. All of the above
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