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Chapter 6 Practice Questions

Chapter 6: Brokerage Offices and Branch Requirements. Practice Florida real estate questions and review the explanation for each answer.

39 practice questions

  1. Chapter 6 Which of the following best describes the physical requirements for a broker’s principal office?
  2. Chapter 6 A broker decides to close their branch office on Main Street and open a new branch office on First Avenue. What must the broker do regarding the registration?
  3. Chapter 6 A sales associate is working with a buyer. Who has the legal authority to direct and control the associate's actions?
  4. Chapter 6 Can a sales associate open their own office to meet clients closer to their home?
  5. Chapter 6 What is the criminal penalty for a licensee found guilty of false or misleading advertising?
  6. Chapter 6 An advertisement that fails to include the licensed name of the brokerage firm is known as:
  7. Chapter 6 Which statement is TRUE regarding a sales associate advertising real estate services?
  8. Chapter 6 A sales associate owns a rental property and wants to sell it "For Sale By Owner." Which applies?
  9. Chapter 6 Which word is PROHIBITED from being used in a real estate team name?
  10. Chapter 6 On a real estate website, where must the brokerage firm's name appear?
  11. Chapter 6 A sales associate closed a transaction with a client 14 months ago. The client is currently listed on the National Do Not Call Registry. The associate wants to call the client to ask for a referral. Is this legally permissible?
  12. Chapter 6 Which feature is required in marketing emails under the CAN-SPAM Act?
  13. Chapter 6 Who must be a signatory on the brokerage escrow account?
  14. Chapter 6 If a broker wishes to place escrow funds into an interest-bearing account, what is required?
  15. Chapter 6 How often must a broker review, sign, and date the escrow account reconciliation statement?
  16. Chapter 6  The illegal act of mixing personal or business funds with trust funds is called:
  17. Chapter 6 What is the maximum amount of personal funds a broker may keep in a property management escrow account to cover bank charges?
  18. Chapter 6 How long must a broker retain business records, including failed offers?
  19. Chapter 6 If a title company holds the escrow deposit, the broker must obtain a written receipt within how many days of the deposit?
  20. Chapter 6 Upon receiving conflicting demands for an escrow deposit, the broker must notify the FREC within:
  21. Chapter 6 Why must a licensee avoid offering an opinion of title?
  22. Chapter 6 A licensee who knowingly exaggerates the value of a property to secure a listing or a higher loan amount is guilty of:
  23. Chapter 6 Which of the following entities is PROHIBITED from registering as a real estate brokerage?
  24. Chapter 6 An unlicensed personal assistant working for a sales associate in property management is legally permitted to perform administrative tasks, but is strictly PROHIBITED from performing which of the following actions?
  25. Chapter 6 Julie Baker is a licensed real estate sales associate. Which of the following names is she legally permitted to use to register and hold her license?
  26. Chapter 6 A sales associate receives a binder deposit check from a buyer. How much time does the associate have to deliver this check to their employing broker to comply with Florida law?
  27. Chapter 6 Which statement is TRUE regarding the Florida Commercial Real Estate Sales Commission Lien Act?
  28. Chapter 6 A broker is preparing to open Palm Tree Realty and is placing an order to have an entrance sign made. Which wording does NOT need to be included on the sign?
  29. Chapter 6 An attorney and a real estate broker form a joint venture to sell real estate for compensation. Which statement is TRUE regarding this arrangement?
  30. Chapter 6 The sales commission rates for properties sold in Florida are based on: