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FSE2080 FUNERAL LAW 3.
QUESTIONS AND ANSWERS WITH
COMPLETE SOLUTIONS 100%
CORRECT RATED A+ NEWLY
UPDATED 2025
Q: When is the annual renewal fee for a cemetery license due? A: ✔✔ The fee must be paid by December 31st each year. Q: If Peaceful Rest Cemetery reports $356,000 in gross annual sales, what is the required renewal fee? A: ✔✔ The renewal fee would be $. Q: For a grave space sold at $200, how much must be deposited into the Care and Maintenance Trust Fund? A: ✔✔ A deposit of $25 is required. Q: What is the required Care and Maintenance Trust Fund contribution for a grave space sold at $600? A: ✔✔ $60 must be deposited into the fund. Q: According to the State Board website, what are the current renewal fees for a monument establishment? A: ✔✔ Builder: $ Retailer: $ Q: If Mrs. Jennifer George donates $10,000 as an endowment to Peaceful Rest Cemetery, how much of that must be placed in the Care and Maintenance
Trust Fund? A: ✔✔ The entire $10,000 must be deposited—100% of the endowment. Q: Mr. and Mrs. Johnson bought two grave spaces for $650 each on March 4th. By what date must the cemetery deposit the required funds into the Care and Maintenance Trust Fund? A: ✔✔ The deposit is due by April 30th , which is 30 days after the end of the month of purchase. On September 3, 2005, Peaceful Rest Cemetery sold the first space in the yet to be constructed PR Mausoleum. The Mausoleum is to house 200 caskets. The 100th space was sold on April 10, 2007. By which date must construction begin on the new mausoleum? By what date must it be completed? - ANSWER✔✔It must begin by September, 3, 2009 and be completed by September 3, 2010 Which of the following functions can a cemetery require the consumer to purchase from the cemetery and from no other entity? - ANSWER✔✔-Care and maintenance of cemetery
- Opening and closing costs
- Initial sale of a pre-need contract for a grave space What offense/penalty may a cemetery be subject to if they charge a $50 transfer fee to transfer the burial rights for specified space from one person to another? - ANSWER✔✔None. A fee not to exceed $50 may be charged List 2 types of cemeteries which are exempt from Florida Statute chapter 497 - ANSWER✔✔Community and non profit cemeteries, which provide single ground burial and do not sell burial spaces or merchandise
To begin a new cemetery, how many contiguous acres are required? - ANSWER✔✔30 acres What is the minimum net worth required to apply to start a cemetery? - ANSWER✔✔$50, What 2 maps are needed to start a new cemetery? - ANSWER✔✔map of the cemetery and map of the local area What is the amount of the cemetery application fee? - ANSWER✔✔$5, What is the minimum amount which must be deposited into a Care and Maintenance Trust Fund for a new cemetery? This amount is separate from the Net Worth which is required? - ANSWER✔✔An additional $50,000 is required What steps are completed after the State Board gives conditional approval to begin a new cemetery? - ANSWER✔✔-Establish care and maintenance trust fund
- land must be unemcumbered (no loans)
- approval from local zoning laws
- appoint a general manager with at least 3 years of cemetery experience
- notice in County Recorder's Office stating that property can never have a lien against it. Can a monument dealer establishment sell pre-need contracts? - ANSWER✔✔Only if licensed as a pre-need agent as well
How many years of cemetery experience is needed for the general manager of a new cemetery? - ANSWER✔✔3 years How many acres of a new cemetery must be developed to fully license a new cemetery? - ANSWER✔✔Not less than 2 acres How long, without extensions, after a conditional cemetery license is issued does the cemetery company have to complete the remaining requirements? - ANSWER✔✔12 months. If not, the cemetery may apply for an extension. What is done with the income of the care and maintenances trust fund? - ANSWER✔✔-pays for all usual and customary services for operations of trust accounts. ex: Trustee/Custodian fees, investment adviser fees, allocation fees, taxes Your funeral home buys a cemetery which has been exempt from regulation in the past. At the time of purchase, the cemetery has sold the burial rights to 3,000 grave spaces. How much money must be placed into the Care and Maintenance Trust Fund? - ANSWER✔✔$75, By what date must a cemetery submit to the state board the annual financial reports for a cemetery Care and Maintenance Trust Fund? - ANSWER✔✔By April 1st of each year If you are a consumer who purchased the burial rights for 4 grave spaces in a cemetery, may you sell the burial rights? - ANSWER✔✔No. To sell 3 or more burial rights, you must be a licensed broker of burial rights.
Mrs. Scott bought a monument for her late husband. The contract called for delivery of the monument on May 20th. If the monument is not installed on or before May 20th, what is Mrs. Scott entitled to? - ANSWER✔✔A full refund of all monies paid What license is required to sell monuments? - ANSWER✔✔Monument Establishment License
