FLORIDA REAL ESTATE EXAM 2026, 140 QUESTIONS WITH CORRECT ANSWERS (Complete And Verified Study material) (19pages) LEARNEXAMS

1. Owners that buy income properties as investments

and depend on professionals to manage them

2. a Value estimated based on resent sales of similar

properties in the same neighborhood, not an appraisal

Absentee Owners

CMA -Comparative

Market Analysis...

3. A contractor is employed by an owner of land to build Custom Building

on that land to the owner's specifications

4. When a contractor builds on his own land with the

hope of locating a purchaser after construction has

been completed

5. A developer that acquires a large that aquires a large

tract of land and builds a model center from which

sales may be made

6. Property management has grown as a service of

real estate primarily bc of an increase of

Speculative building

tract building

Absentee Ownership

7. The category of construction that applies when a

property owner employs a contractor to build on his

or her lot is called

Custom Building

8. A Real Estate appraiser's fee for professional service C. the time and difis based on:

a. a percentage of the property's gross income

b. a percentage of the fair market value

c. the time and difficulty of the appraisal

d. a percentage of property's sales

9. A developer contracts to build a home on a buyer's

lot to the buyer's specifications. This is an example

of which type of building:

a. tract

b. custom

c. speculative

d. subdivision

ficulty of the appraisal

b. custom