Florida Broker Exam Questions and
Answers 100% PASS
Executive Branch of Florida Government (including the DBPR) - CORRECT
ANSWER-Florida Statue Chapter 20
The law is often referred to as the Real Estate Practice Act - CORRECT
ANSWER-Florida Statute Chapter 475
The law that was established for Real Estate Brokers, sales associates, and
appraisers - CORRECT ANSWER-Florida Statue Chapter 475
Part I of the Florida statue 475 pertains to: - CORRECT ANSWER-Real estate
brokerages
Part II of the Florida Statue 475 pertains to: - CORRECT ANSWER-Real estate
appraisers and sets for the requirements for FL licensed and certified appraisers
Part III of Chapter 475 pertains to: - CORRECT ANSWER-The Commercial Real
Estate Lien Act, Gives broker lien rights for earned commission. This act applies
only to the commercial property (not residential property)
,The Commercial Real Estate Sales Commission Lien Act - CORRECT ANSWER-
The right to place against owner's net proceeds(personal property) from the sale
and does not attach to the commercial real property.
Part IV, of Chapter 475, Commercial Real Estate Leasing Commission Lien Act -
CORRECT ANSWER-Give a broker lien rights for earned commission associated
with a brokerage agreement to lease commercial real estate
Florida State 455 Regulation of Professions and Occupations - CORRECT
ANSWER-Department of Business and Professional Regulation and the
professions under the department
Florida Statue Chapter 120 - CORRECT ANSWER-Procedural process for all
governmental entities authorized under the Florida constitution. The licensing and
disciplinary process for real estate licensees is outlined in this chapter.
Florida Administrative Code Chapter 61J2 - CORRECT ANSWER-Florida Real
Estate Commission Rules
A person who performs real estate services for compensation but who does so
under the direction, control, or management of a broker or an owner developer. -
CORRECT ANSWER-Sales Associate
An individual who is qualified to be issued a broker's license but who operates as a
sales associate in the employ of another - CORRECT ANSWER-Broker Associate
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
,An unlicensed entity that sells, exchanges, or leases it own property - CORRECT
ANSWER-Owner Developer
What are some rules of staff of owner developer? - CORRECT ANSWER-Sales
associates must have an active real estate license in order to receive a commission.
Sales staffed is exempted from licensure if paid strictly a salary.
"Let the Buyer Beware" - CORRECT ANSWER-Caveat emptor
Licensees applicants Requirements: - CORRECT ANSWER-Background check of
any crimes
Must disclose prior convictions including if a court action was (adjudicated)
withheld
disclose on the application any other name or alias, including maiden name
18 years old
high school diploma or equivalent
possess a Social Security Number
Be of good character
Have not violated a Chapter 475 within 1 year prior to application.
How long is the license application good for? - CORRECT ANSWER-2 years
from the date of the completed application received by the DBPR
"no contest" - CORRECT ANSWER-Nolo contendere
, a process by which the record of criminal conviction is destroyed or sealed after
expiration of time - CORRECT ANSWER-Expungement
A 30 day period is allowed after receipt of the application to check for errors and
omissions and to send the applicant a _________ concerning any additional
information required. - CORRECT ANSWER-Notice of insuffiency
Do you have to be a US citizen to apply for a FL real estate license? - CORRECT
ANSWER-No
Requirements for Nonresidents applicant requirements - CORRECT ANSWER-
US citizenship is not required(must possess a SS#)
Do not have to be a FL resident(must indicate nonresident)
When a licensee moves out of state (becomes a non residents) they must notify the
Commission within - CORRECT ANSWER-60 days
an agreement between two states that allows a real estate licensee with a valid
license in one of the states to practice real estate in both states. - CORRECT
ANSWER-Reciprocity
a contract between two states that recognize each other's real estate education. -
CORRECT ANSWER-mutual recognition agreements
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
Answers 100% PASS
Executive Branch of Florida Government (including the DBPR) - CORRECT
ANSWER-Florida Statue Chapter 20
The law is often referred to as the Real Estate Practice Act - CORRECT
ANSWER-Florida Statute Chapter 475
The law that was established for Real Estate Brokers, sales associates, and
appraisers - CORRECT ANSWER-Florida Statue Chapter 475
Part I of the Florida statue 475 pertains to: - CORRECT ANSWER-Real estate
brokerages
Part II of the Florida Statue 475 pertains to: - CORRECT ANSWER-Real estate
appraisers and sets for the requirements for FL licensed and certified appraisers
Part III of Chapter 475 pertains to: - CORRECT ANSWER-The Commercial Real
Estate Lien Act, Gives broker lien rights for earned commission. This act applies
only to the commercial property (not residential property)
,The Commercial Real Estate Sales Commission Lien Act - CORRECT ANSWER-
The right to place against owner's net proceeds(personal property) from the sale
and does not attach to the commercial real property.
Part IV, of Chapter 475, Commercial Real Estate Leasing Commission Lien Act -
CORRECT ANSWER-Give a broker lien rights for earned commission associated
with a brokerage agreement to lease commercial real estate
Florida State 455 Regulation of Professions and Occupations - CORRECT
ANSWER-Department of Business and Professional Regulation and the
professions under the department
Florida Statue Chapter 120 - CORRECT ANSWER-Procedural process for all
governmental entities authorized under the Florida constitution. The licensing and
disciplinary process for real estate licensees is outlined in this chapter.
Florida Administrative Code Chapter 61J2 - CORRECT ANSWER-Florida Real
Estate Commission Rules
A person who performs real estate services for compensation but who does so
under the direction, control, or management of a broker or an owner developer. -
CORRECT ANSWER-Sales Associate
An individual who is qualified to be issued a broker's license but who operates as a
sales associate in the employ of another - CORRECT ANSWER-Broker Associate
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
,An unlicensed entity that sells, exchanges, or leases it own property - CORRECT
ANSWER-Owner Developer
What are some rules of staff of owner developer? - CORRECT ANSWER-Sales
associates must have an active real estate license in order to receive a commission.
Sales staffed is exempted from licensure if paid strictly a salary.
"Let the Buyer Beware" - CORRECT ANSWER-Caveat emptor
Licensees applicants Requirements: - CORRECT ANSWER-Background check of
any crimes
Must disclose prior convictions including if a court action was (adjudicated)
withheld
disclose on the application any other name or alias, including maiden name
18 years old
high school diploma or equivalent
possess a Social Security Number
Be of good character
Have not violated a Chapter 475 within 1 year prior to application.
How long is the license application good for? - CORRECT ANSWER-2 years
from the date of the completed application received by the DBPR
"no contest" - CORRECT ANSWER-Nolo contendere
, a process by which the record of criminal conviction is destroyed or sealed after
expiration of time - CORRECT ANSWER-Expungement
A 30 day period is allowed after receipt of the application to check for errors and
omissions and to send the applicant a _________ concerning any additional
information required. - CORRECT ANSWER-Notice of insuffiency
Do you have to be a US citizen to apply for a FL real estate license? - CORRECT
ANSWER-No
Requirements for Nonresidents applicant requirements - CORRECT ANSWER-
US citizenship is not required(must possess a SS#)
Do not have to be a FL resident(must indicate nonresident)
When a licensee moves out of state (becomes a non residents) they must notify the
Commission within - CORRECT ANSWER-60 days
an agreement between two states that allows a real estate licensee with a valid
license in one of the states to practice real estate in both states. - CORRECT
ANSWER-Reciprocity
a contract between two states that recognize each other's real estate education. -
CORRECT ANSWER-mutual recognition agreements
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED
