1-Broker conducts brokerage transactions at two registered branches, in addition to its main office. The broker is considering closing one of the existing branches and opening another in a different location. If the Broker does this, the registration of the closed branch may A.be transferred to the new branch, provided that the Broker pays the applicable transfer fee. B. be transferred to the new branch without paying the transfer fee only if the new branch is in the same municipality as the closed office C. be transferred to the new branch only if the new branch is established within 30 days after closing D is not transferred to the new branch, and the new branch must be registered. 2-A property is purchased for $50,000 with a first mortgage of $ 40,000 payable annually at $ 3,862 08. Then property shows an NOI of $ 5,000 annualy. What in the equity dividend rate? A. 10.24% B.11.38% C. 11.50% D.12.66% 3-Brokers, each of whom runs his own brokerage business, may DA. not share office space because automatically, by operation of law, they are holding themselves out to the public as partners, and are in violation of the Florida Real Estate Licensure they are A.not registered as such. B.share office space, but must conduct their businesses separately. not using joint names or operating under a trade name that in used by all the brokers, and not having one cormmon sign bearing all their names located at the office entrance. C.share office space and, if to their advantage, use joint names, operate under a trade name, list a common telephone number, have all names on a common sign at the office entrance. provided that, in fact, each broker carries on his own separate business, having the administrative staff make it clear to the clients that each is an independent broker D.share office space, provided that one broker advises the Department of Business and Professional Regulation that he is acting as a separate and independent broker, and further providing that the broker's licensure is indicated with such regulatory agency. 4-A broker is opening an escrow account using personal funds for the property management division. Which of these is a correct statement? A.The broker has no limit as to the amount of personal money that can be deposited into this account. B The broker can place up to $1,000 in this account. C.The broker can place up to $3,000 in this account. D The broker can place up to $5,000 in this account.