Skip to Content

Florida Real Estate Practice Questions - Page 19

Practice Florida real estate topics with multiple-choice questions. Choose an answer to see the explanation, or start the free 63Hours course. Page 19.

692 practice questions

  1. Chapter 16 Which of the following variables is NOT a factor that directly affects the supply side of the real estate market?
  2. Chapter 17 Real estate licensees who conduct real estate appraisals are required to comply with:
  3. Chapter 17 Who must prepare the appraisal report for a federally related transaction?
  4. Chapter 17 "Market Value" is defined as:
  5. Chapter 17 The amount of money actually paid in a transaction is referred to as:
  6. Chapter 17 Which term describes the total expenditure required to create an improvement (labor, materials, land)?
  7. Chapter 17 An owner builds a swimming pool that costs $150,000, but the market only adds $50,000 to the home's value. This is an example of:
  8. Chapter 17 Which four traits must goods and services possess to have value (DUST)?
  9. Chapter 17 For a property use to be considered "Highest and Best Use," it must be:
  10. Chapter 17 Which valuation principle is the basis for all three approaches to value?
  11. Chapter 17 In the Sales Comparison Approach, if a comparable property is superior to the subject property, what adjustment is made?
  12. Chapter 17 In the Sales Comparison Approach, if a comparable property is inferior to the subject property, what adjustment is made?
  13. Chapter 17 When reconciling value in the Sales Comparison Approach, appraisers typically use:
  14. Chapter 17 The Cost-Depreciation Approach is based on the cost to buy an equivalent site and:
  15. Chapter 17 Which term describes the cost to build an exact duplicate of the structure?
  16. Chapter 17 Which term describes the cost to build a structure with the same utility using modern materials?
  17. Chapter 17 Accrued depreciation is defined as:
  18. Chapter 17 Depreciation is considered "Curable" when:
  19. Chapter 17 Physical Deterioration is caused by:
  20. Chapter 17 A 4-bedroom house with only 1 bathroom is an example of:
  21. Chapter 17 A home located next to a noisy factory suffers from:
  22. Chapter 17 "Effective Age" is based on:
  23. Chapter 17 "Total Economic Life" is:
  24. Chapter 17 The Income Approach is based on the present worth of:
  25. Chapter 17 Which income figure is capitalized into value?
  26. Chapter 17 Potential Gross Income (PGI) represents:
  27. Chapter 17 How is Effective Gross Income (EGI) calculated?
  28. Chapter 17 Which of the following is NOT one of the three categories of operating expenses?
  29. Chapter 17 Net Operating Income (NOI) is calculated by:
  30. Chapter 17 The Gross Rent Multiplier (GRM) is the ratio between: