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Bureau of Education & Testing

Bureau of Education & Testing. Alex Bosque Examination Development Supervisor Bureau of Education & Testing alex.bosque@myfloridalicense.com. Examination Topics Sales Associate Broker Bureau of Education & Testing (BET) Finding us on the Internet Contacting us

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Bureau of Education & Testing

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  1. Bureau of Education & Testing

  2. Alex Bosque Examination Development Supervisor Bureau of Education & Testing alex.bosque@myfloridalicense.com

  3. Examination Topics • Sales Associate • Broker Bureau of Education & Testing (BET) • Finding us on the Internet • Contacting us • Candidate Information Booklet • Printable Law Book • Instructor Email Questions

  4. Sales Associate Examination • Kickbacks (or Rebates) Students should know what it is Know when it is legal to receive Know when it is not permissible Florida Statute 475.25(1)(h) Florida Administrative Code 61J2-10.028 • Closing of Transactions Understand concept of debits and credits Closing expenses understand what seller and buyer customarily pay • Discount Points Purpose Impact to lender and buyer Raising the Yield Rule of thumb 1 point raises lender yield by 1/8 • Option Contracts Students should know what it is Enforceability Unilateral or Bilateral? • Landlord Tenant Act Florida Statute 83 Part II Time Periods Tenant Security Deposits • Encourage Students to Read Florida Statute 475 Florida Administrative Code Chapter 61J2 Be familiar with Florida Statutes 455,120 & 720 • Sales Examination Contains Pilot Items Total of three pilot questions Randomized(scrambled) in the exam – Answer ALL questions Do not count for or against your final score

  5. Broker Examination • Understanding Closing Disclosures No longer testing Hud-1 but new Closing Disclosure Students should be familiar with pages 2-3 Perform basic calculations Understand debit and credit (Double entry items) • Valuing Real Property Be familiar with three approaches to value a. Sales Comparison b. Cost-Depreciation c. Income Capitalization Know the applicability of each approach • Commercial Real Estate Sales Commission Lien Act – F.S. 475 Part III Florida Statute 475.703(1) and 475.703 (4)(c) Lien is attached to owner’s net proceeds and not any interest in the property • Encourage Students to Read Florida Statute 475 Florida Administrative Code Chapter 61J2 Be familiar with Florida Statutes 455,120 & 720 • Broker Examination Contains Pilot Items Total of three pilot questions Randomized(scrambled) in the exam – Answer ALL questions Do not count for or against your final score

  6. www.myfloridalicense.com/dbpr

  7. Candidate Information Booklets • Contains useful information: • Link to Test Center Locations • How to Make a Reservation • Examination References • Examination Content Outline • Link to Printable Law Book • (Encourage Students to Read) • Review and Challenge Process

  8. If would like to be added to our email distribution list, please send your request to: REInstructors@myfloridalicense.com  This is a common email address to be used solely by the Instructors to send exam-specific questions or issues to the Bureau's Psychometric Unit.

  9. Questions

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