Practice Quiz

Florida Real Estate Exam - Question List

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146.
Kim and Kelly bought a three story building in Tampa and took title as legal joint tenants.  Kelly died testate.  Kim now owns the building:

  1. As a tenant by the entirety.
  2. In severalty.
  3. In absolute ownership under the law of descent.
  4. Subject to the terms of Kelly's will.
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147.
A woman’s listing is a beautiful home in the historic district of Tampa.  The home was built in the early 1900s; therefore, she gives the buyer a lead-based paint disclosure at the closing.  Which of the following statements applies to this situation?

  1. The law requires the woman to give the buyer the disclosure prior to contract.
  2. Homes located in a historic district are exempted from the lead based paint disclosure requirements.
  3. The woman’s actions are in compliance with the law.
  4. The disclosure is only required if the buyer intending to occupy the property has children under the age of five.
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148.
If a real estate licensee is working in a non-representative role with a seller, can he provide the seller a CMA?

  1. No, providing a CMA for a seller can only be done in a transaction broker or single agent capacity.
  2. No, providing a CMA would constitute a fiduciary relationship with the seller.
  3. Yes, provided the seller signs a notice that states that the seller signs a notice that states that the seller will not construe the CMA to create an agency relationship.
  4. Yes, there is no restriction in Chapter 475, F.S., to prevent a licensee from preparing a CMA from a buyer or seller.
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149.
In Florida an oral agreement between a lessor and lessee is legally:

  1. A valid tenancy for years
  2. Unenforceable due to the statute of frauds
  3. A valid tenancy at will
  4. Unenforceable due to the statute of limitations.
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150.
Which of the following is most like an Abstract of Title?

  1. Title Search
  2. Chain of Title
  3. Preliminary Title Report
  4. A Policy of Title Insurance
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