Skip to Content

Chapter 2 Practice Questions

Chapter 2: The Real Estate Business. Practice Florida real estate questions and review the explanation for each answer.

18 practice questions

  1. Chapter 2 Which term refers to a licensee focusing on a specific neighborhood to cultivate business?
  2. Chapter 2 A developer transfers ownership of the streets in a subdivision to the county.
  3. Chapter 2 Which statement regarding a Comparative Market Analysis (CMA) is TRUE?
  4. Chapter 2 A map recorded in public records showing the division of land into lots and blocks is called
  5. Chapter 2 Which level of government has the most direct impact on real estate property owners through zoning and property taxation?
  6. Chapter 2 Which statement is TRUE about the term REALTOR?
  7. Chapter 2 Which organization is the largest trade association in the world?
  8. Chapter 2 There are more property managers now than ever before because:
  9. Chapter 2 Which is NOT one of the five major sales specialties?
  10. Chapter 2 A CAM license is required for:
  11. Chapter 2 Effective advertising involving developing a database of prospects to direct a specific message is called:
  12. Chapter 2 The term "Follow-Up" refers to:
  13. Chapter 2 A developer acquires a large tract of land, records a subdivision plat, and builds several model homes. Buyers then select a floor plan and a lot. This type of residential construction is called:
  14. Chapter 2 A builder purchases a lot and begins construction on a single-family home without having a buyer or a signed sales contract. This is known as:
  15. Chapter 2 A buyer hires an architect to design a house and then enters into a contract with a builder to construct the home on the buyer's lot. This is an example of:
  16. Chapter 2 According to Florida law, what requirement must be met to sell or lease business opportunities?
  17. Chapter 2 A licensee does a Comparative Market Analysis (CMA) for a fee. What statement is true?
  18. Chapter 2 A CAM license is required for: