Practice Quiz

Florida Real Estate Exam - Question List

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171.
The unspecified maturity date on a construction loan begins on what date?

  1. From the date the construction begins
  2. From the date of the note
  3. When the money is placed in escrow
  4. From the date the escrow is formally closed
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172.
An attachment lien placed on real property can be released by all of the following EXCEPT:

  1. Court order
  2. Death of the defendant
  3. Written release by the plaintiff
  4. A satisfaction of judgment provided it is in favor of the plaintiff
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173.
If a real estate broker as an agent does not follow the lawful instructions of his principal he:

  1. Is liable to his principal for damages
  2. Is subject to a fine or imprisonment
  3. Could lose his license in a court of competent jurisdiction
  4. Any of the above
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174.
The following statement is false in reference to alcoholic beverage licenses:

  1. An alien can hold an on-sale general license
  2. An alien can hold an off-sale general license
  3. Licenses may not be pledged as security for a loan
  4. Wholesalers can also hold a retailer's on-sale license
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175.
Julie enters into a contract with Pinky under duress and is in fear for her safety if she does not sign.  The contract is:

  1. Valid
  2. Void
  3. Voidable
  4. Unenforceable
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