Florida Real Estate Practice Exam

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Prepare for your Florida Real Estate Exam with a comprehensive quiz featuring multiple-choice questions, hints, and detailed explanations. Gain the confidence you need to succeed in obtaining your real estate license!

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What is likely to happen if property taxes are not paid?

  1. The state will place a condemnation order on the property

  2. The home must be sold to the state

  3. A mortgage lien will be placed on the home

  4. A tax lien will be placed on the property

The correct answer is: A tax lien will be placed on the property

If property taxes are not paid, a tax lien will be placed on the property. This means that the owner will owe the unpaid taxes plus any penalties and interest. Failure to pay the taxes and resolve the lien can lead to further legal action and in extreme cases, potential foreclosure. Option A is incorrect because condemnation orders are typically used for public safety reasons, such as when a building is deemed unsafe or unsanitary. Option B is incorrect because the home is not automatically sold to the state, but it may be put up for auction if the taxes are not paid. Option C is incorrect because a mortgage lien is placed on a property when the owner takes out a loan to purchase the property, not for unpaid property taxes.

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