Florida Real Estate MCQs Paper 72

1

Between the date of signing and the date of closing, a real estate sales contract is said to be






2

According to Florida law, in order to be valid, listing contracts






3

An automatic renewal clause in a Florida real estate listing agreement is






4

A building contractor cannot finish a project on a house that he agreed to do. The homeowner and the contractor agree that a new contractor will take over the project with terms relieving the original contractor from any further obligation. The agreement with the second contractor is said to be a(n)






5

The FHA lends money to purchase






6

A situation where the balance of the mortgage loan actually increases while payments are being made is called






7

Which of the following terms does not fit with the group referring to a type of mortgage payment plan?






8

Which of the following is true about FHA loans?






9

The VA loan program will guarantee loans for






10

Which of the following does not buy mortgages?






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