FL Real Estate case studies
FL Real Estate · Put your knowledge to work in context.
The Florida Real Estate Sales Associate Examination is the state licensing exam that a candidate must pass to be issued a Florida real estate sales associate license by the Department of Business and Professional Regulation. It is intended for people entering the brokerage business - new entrants, career changers, and out-of-state licensees seeking Florida licensure - who have completed the required pre-licensing coursework and had an application approved. The FL Real Estate case studies are 5 cases and about 3,174 words.
1The Deposit That Sat in the Operating Account
Dana is a newly licensed sales associate at Gulfstream Realty. On Saturday, January 11, she writes an offer for buyer Marcus and accepts his 15,000 personal check made payable to Gulfstream Realty.
612 words, about 3 min2Open House, Two Clients, One Brokerage
Priya, a cash buyer relocating for a July 1 job start, walks into an open house at 1420 Sabal Palm Drive, listed at 415,000 by broker Linda of Coastline Realty. The open house is hosted by Linda's sales associate, Tom.
667 words, about 3 min3The Conditional Termination That Came Too Late
On January 5 the parties sign an FR/BAR 'AS-IS' Residential Contract for Sale and Purchase on a house priced at 350,000, with a 7,000 escrow deposit held by Anchor Title. The inspection period is the form's 15 days, ending January 20 at 5:00 p.m.
647 words, about 3 min4Thirty Acres, A Fence, and a Survey Exception
The contract describes the parcel as: 'The Southwest 1/4 of the Northeast 1/4 of Section 12, Township 43 South, Range 42 East, LESS the North 330 feet thereof; TOGETHER WITH a 30-foot easement for ingress and egress along the East 30 feet of said lands.' The listing says 'approximately 30 acres.' The county property appraiser's record shows 32 acres. The seller's 1998 owner's title policy contains a standard survey exception.
665 words, about 3 min5Per Diem: Doc Stamps, Prorations, and Cash to Close
Contract price is 412,500 for a house in Orange County. The buyer obtains a 30-year conventional loan at 80% loan-to-value and 6.5% interest.
583 words, about 3 min