FRESA Florida Real Estate Sales Associate Exam - Set 2 - Part 3

Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.

Question 41: A property manager who is also a licensed broker in Ocala holds security deposits for the rental owners she serves. Which body of rules governs how she must handle that money in her capacity as a real estate licensee?

The license law escrow rules apply

Only the landlord and tenant statute applies

No rules apply to security deposits

Federal banking rules control the accounts

Question 42: Two competing brokerages in Tampa agree privately that one will handle listings north of the river and the other will stay south of it, so neither competes for the other's business. Which antitrust violation does that describe under federal law?

Tie-in arrangement

Group boycott

Price fixing

Market allocation

Question 43: Two brokerages in Orlando each claim the commission on a sale, one having shown the property first and the other having written the offer that closed. The dispute turns on which firm actually produced the buyer. Which doctrine resolves it?

Procuring cause

Novation

Subrogation

Estoppel

Question 44: A licensee in Tampa is reviewing the classes protected under Florida's own fair housing law before leading a training session for new associates. She wants to identify correctly which characteristic appears on the statutory list. Which one belongs there?

Political affiliation

Occupation

National origin

Age

Question 45: A licensee in Jacksonville shows a family only homes in neighborhoods where residents share the family's ethnic background, without ever mentioning other listings that fit their stated criteria and budget. What has she done to that family of buyers?

Blockbusting

Steering

Redlining

Lawful client counseling

Question 46: A lender in Miami declines every mortgage application for properties in two older neighborhoods regardless of the applicant's income, credit history, or the condition of the particular property being financed. What practice is that by the lender in Miami?

Redlining

Steering

Blockbusting

Puffing

Question 47: A landlord in Ocala collects security deposits from twelve tenants and asks how Florida law permits her to hold that money. Her property manager lists the arrangements the landlord and tenant statute actually authorizes. Which arrangements does the statute authorize?

Any account, including her operating account

Only a separate interest-bearing account

Only a surety bond with the clerk

A separate account or a surety bond

Question 48: A tenant in Ocala rents month to month with no written lease and decides to move out at the end of the season. How much notice does Florida require before the end of a monthly period to terminate that tenancy?

Seven days

Fifteen days

Thirty days

Sixty days

Question 49: A tenant in Ocala stays in the unit after her lease ends and continues occupying it without the landlord's consent. The landlord asks her property manager what remedy the landlord and tenant statute provides for that period. Which remedy applies?

Actual damages only

Double the rent for the holdover period

Triple the security deposit

No remedy without a court order

Question 50: A landlord in Ocala grows tired of a nonpaying tenant, changes the locks on a Saturday morning, and shuts off the water without going to court. The tenant consults an attorney about what the statute provides. What does the statute provide?

Nothing, since the rent was unpaid

Only the return of the security deposit

Damages or three months' rent, whichever greater

A criminal penalty against the landlord alone

Struggling With Exams?

Less Time Studying, More Time Living – Finish Your Degree Faster! Pay-After-you-Pass!

Get Exam Support