Real Estate Principles Practice Question
Question
A supervising broker is correcting a salesperson’s misunderstanding in a Florida real estate transaction involving private restrictions. Which statement is the best answer? (Item 186)
Answer choices
- A. The party who complains first automatically receives the legal remedy requested.
- B. Recognize deed restrictions, covenants, conditions, and association rules.
- C. Escrow automatically assumes all brokerage disclosure and agency duties.
- D. The client’s preference eliminates the need to disclose known material facts.
Correct Answer
B. Recognize deed restrictions, covenants, conditions, and association rules.
Explanation
The correct answer is B because private restrictions requires candidates to recognize deed restrictions, covenants, conditions, and association rules. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound Florida exam practice.
Question details
- Difficulty: medium
- Domain: Real Estate Principles
- Objective: private restrictions