Florida Real Estate 45 Hour Post License Practice Correct 100%

Florida Real Estate 45 Hour Post License Practice Correct 100%
Question: What are the FHA requirements for housing
expense ratios (HER) and total obligations ratio (TOR)?
Correct Answer: 28% (HER) and 36% (TOR)
Question: A broker obtained a 90-day listing contract with
a self-renewing provision extending the agreement an
additional 60 days after expiration unless either party
cancels in writing. What is the status of the listing
contract?
Correct Answer: Void
Question: Unlicensed personal assistants who are directed
by the sales associate in how to do their jobs cannot be
classified as independent contractors, and must pay what?
Correct Answer: Withholding taxes
Question: If a buyer raises an objection to a property,
what should the associate do first?

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