Practice Quiz

Florida Real Estate Exam - Question List

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191.
An investment that was purchased as a hedge against inflation would best be exemplified by which of the following?

  1. An investment that will have the characteristics of an annuity
  2. An income producing investment that will maintain its value
  3. A risk free investment
  4. An investment that will afford a high degree of liquidity
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192.
All of the following items are usually prorated at the close of escrow, except:

  1. Homeowner's insurance
  2. Property taxes and assessments
  3. Delinquent interest on unsecured loans
  4. Interest and impounds
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193.
How long would a Subdivision Preliminary Report be good for?

  1. One year
  2. Until a material change should take place
  3. Until the final public report is issued
  4. Any of the above
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194.
Which of the following is legal contract that gives the holder rights to enjoyment and use of another's property short of an estate?

  1. A life Estate
  2. An easement
  3. A less than freehold estate
  4. An estate for years
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195.
A corporation built a large tract of homes in a new subdivision and hired a handy man to take care of any maintenance or repairs that might arise.  He was given additional compensation for showing the homes on weekends to prospective buyers.  Under these circumstances:

  1. The corporation was within its rights and there is no violation of the Real estate Law
  2. The maintenance man could be fined for showing the homes without a real estate license
  3. The handy man does not need a real estate license because he is an employee of a corporate owner
  4. All corporation employees and officers selling the property must be licensed
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