Pass Your Florida Broker State Exam Without Having To Study Your Real Estate Book!
Over 50% of the exam candidates fail the state exam because it is nothing like the exam you take in school, or the questions in your real estate book.
But imagine if you could get access to a database of practice quizzes and exams tied to over 1,000 state exam style questions to help you pass!
-PLUS over 450 instructor taught videos by topic area that you can play, pause, fast forward and rewind until you understand the concept.
And Get 3 Months Unlimited Access To Everything!
Well Now You Can! Watch Video To Learn More.
0
0
DAYS
0
0
HOURS
0
0
MINUTES
0
0
SECONDS
Try These Sample Questions From Our Database
(click the dropdown arrow to view question and explanation)
Question 1
Mr. Webster sold his home and agreed to a June 16, 20XX, closing date. The last day for which interest was paid on the $105,500 remaining balance of the 8 percent, 30-year conventional mortgage was April 30, 20XX. If the total monthly mortgage payment was $774.14, what amount of prorated mortgage interest would appear on the closing disclosure as a debit to Mr. Webster? (Use the 365-day method of proration and charge the day of closing to the buyer.)
A $1,054.93
B $1,063.52
C $1,086.64
D $1,406.66
Question 1 - Answer & Explanation (Don't peek, try to answer the question first..)
Answer & Explanation
Last Day Interest Was Paid Thru = April 30
Seller Days Owned in May = 31
Seller Days Owned In June = 15
Total Days Owned By Seller = 46
Closing Day = June 16
Day of Closing Belongs To: Buyer
Annual Interest = Principal x Rate x Time
Annual Interest = $105,500 x .08 x 1
Annual Interest = $8,440
Daily Interest = $8,440/365 = $23.12
Total Prorated Mortgage Interest = $23.12 x 46 days= $1,063.52 - Answer "B"
Question 2
A home sold for $108,400. The buyers paid $18,400 down, assumed a recorded mortgage of $72,000, and gave the sellers a new second mortgage in the amount of $18,000. How much will the buyers pay for state taxes resulting from these financial arrangements?
A Intangible tax $36; documentary stamp tax $252
B Intangible tax $36; documentary stamp tax $315
C Intangible tax $144; documentary stamp tax $230.40
D Intangible tax $180; documentary stamp tax $63
Question 2 - Answer & Explanation (Don't peek, try to answer the question first..)
Answer & Explanation
Documentary Stamps on Note = (Loan amount/100) x .35
Intangible Tax = Loan amount (new mtg only) x .002
Doc Stamps on Note (Assumed Mtg) = 72,000/100 = 720 x .35 = 252
Doc Stamps on Note (New Mtg) = 18,000/100 = 180 x .35 = 63
Intangible Tax (New Mtg Only) = 18,000 x .002 = 36
Answer "B"
Intangible Tax = $36
Stamp Tax = 252 +63 = $315
Try These Sample Videos From Our Database
Watch how the instructor breaks down the multiple choice question, identifies the tricks in the question, and provides a detailed explanation.
Register Now! Here's What You Get.
-
Access to over 1,000 Exam Style Questions, Complete With Detailed Explanations
It's not enough to simply know what the correct answer is, the magic is in the explanation. That's why we provide you with a detailed explanation for each and every questions on all practice quizzes and exams in our database. You can also rest assured that you are studying the right material that has been updated to reflect the current exam. We recommned that you study the database until you are getting 90% or better on all practice quizzes and exams.
-
Access to over 450 Instructor taught videos.
Our videos reinforce key concepts like nothing else can. Play, pause, fast forward, and rewind as much as you like. It's like having
a private instructor teaching you everything you need to know in order to pass the exam.
-
Questions Are Randomly Pulled From The Database So You Never Have The Same Quiz or Exam Twice
We want to make sure that you are challenged in a way that will serve you well on the actual exam. That's why we randomly generate questions.on each and every quiz and exam. We also randomize the answer choices as well on the questions so that you are really tested. Doing this makes it a little trickier, but it's best to prepare the right way, becuase the state exam is very tricky too.
-
Unlimited Retries On All Quizzes & Practice Exams
We need you to get at least 90% or better before you are ready to conquer the state exam. That's why we give you unlimited re-takes on all quizzes and exams.
-
3 Months Unlimited Access On All Your Devices
You get immediate online access to our database for a total of 3 months. Login and study as much as you like, 24 hours a day, 7 days a week right from the comfort of your home, office, or on the go. Use your PC or MAC, or any other Android or Apple laptop, tablet, or phone to get easy access. All you need is an internet connection, and you are ready to go.
-
Be Ready To Pass In Only 15 to 20 Hours of Prep Time
When you have the right material, it doesn't take long to get prepared for the state exam.
Feedback From Our Students
"I just wanted to let you know that I passed my Florida Real Estate State Exam on my first try. While I learned a lot in the real estate course that I took with another company, I truly believe it was your online prep course that really helped me to pass that state exam. When I first started doing the quizzes, my scores were really low!! I could not believe how much material I really did not know. I realized that while my real estate course may have prepared me to pass the course exam, it really had not prepared me for the state exam. I just kept working on the questions, and my scores got better and better. After I took the practice state exam, I felt completely prepared for the actual state exam. Thank you for offering such an excellent review course!!"
Teresa Bridges
"I had taken my pre-licensing 63-hour course in a classroom situation and for circumstances not under my control did not take my state exam right away. My two year time came up pretty quick. I can honestly tell you that if I would have taken the State exam after my classroom class I really do not think I would have passed it on the first try. The more you take the
quizzes the more the information sinks in your brain. I only had one shot at my State exam because of my time frame and I am totally grateful
that I found this course to reach my goal. And yes I passed my state exam on my first try. What a relief!"
Zuni Jafariaria
0
0
DAYS
0
0
HOURS
0
0
MINUTES
0
0
SECONDS
Copyright 2021. All Rights Reserved By My Real Estate Tutor