Florida real estate EXAM A+ GRADE ASSURED COMPLETE SOLUTIONS AND VERIFIED ANSWERS

REAL ESTATE LICENSING ms ms




Exam Solution ms




Florida Real Estate Exam Questions 2026 A+ GRADE AS ms ms ms ms ms ms ms ms




SURED COMPLETE SOLUTIONS AND VERIFIED ANSWER ms ms ms ms ms




S (F0134) ms




QUESTION 1 ms




Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a
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down payment and gets a mortgage in the amount of $150,000.00 and there is no oth
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er consideration for the transfer. How much will the doc stamp tax on the deed be? 1)
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$1,050.00 2) $1,260.00 3) $630.00 4) $525.00
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ANSWER

$1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70
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= $1260.00 tax due.
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QUESTION 2 ms




Heather has been using a roadway at the back of the 22 acres Pam owns. She has bee
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n driving down the roadway almost every day without permission for over 20 years. T
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his is called what? 1) easement appurtenant. 2) easement by prescription. 3) easemen
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t in gross. 4) easement by necessity.
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ANSWER

2) easement by prescription
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QUESTION 3 ms




When purchasing an existing condominium, the buyer must receive which of the follo
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wing? 1) Annual operating budget 2) A prospectus 3) Rules and Regulations 4) Article
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s of incorporation of the association
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ANSWER

4) Articles of incorporation of the association
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,QUESTION 4 ms




Todd is an 89-year- ms ms ms



old veteran that is legally blind and partially disabled due to injuries he sustained in t
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he military. His home has an assessed value of $150,500. How much will his taxable v
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alue be for county taxes? 1) $55,500 2) $95,000 3) $100,500 4) $110,000
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ANSWER

2) $95,000ms




QUESTION 5 ms




A contract for deed is also called what? 1) Deed in lieu of foreclosure 2) Land Contrac
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t 3) Novation 4) Sales Contract
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ANSWER

2) Land Contract
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QUESTION 6 ms




The cost of borrowing money is called what? 1) Interest 2) Leverage 3) Capitol 4) Cre
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dit
ANSWER

1) Interest
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QUESTION 7 ms




Sally is buying a home and the closing date is set for April 20th. The annual property
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taxes are $1234.00 and have not been paid yet. How much will the buyer be credited
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and the seller be debited? 1) $371.80 2) $368.51 3) $375.18 4) $370.36
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ANSWER

$368.51 Step 1: Find the daily rate; property taxes for the year ($1234.00) / 365 days = $3.38; Step
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2: Seller will credit buyer from January through midnight the day before closing. Calculate the exact
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number of days; January 31 + February 28 + March 31 + April 19 = 109 days; Step 3: Multiply the
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daily rate ($3.3808219178) x Number of days (109) = $368.51
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QUESTION 8 ms




A Landlord has how many days to return a tenants security deposit if not making a cl
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aim on the deposit? 1) 10 2) 15 3) 30 4) 45
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ANSWER

, 15



QUESTION 9 ms




A buyer's loan payment will change if which of the following occur? 1) They have an
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ARM loan 2) The property taxes increase or decrease 3) Their homeowner's insurance
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increases 4) All of the above
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ANSWER

All of the above
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QUESTION 10 ms




Which statute covers the procedural process? 1) Chapter 455 2) Chapter 120 3) Chapt
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er 475 4) Chapter 20
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ANSWER

Chapter 120 ms




QUESTION 11 ms




Which brokerage relationship duty applies to all three types of brokerage relationship
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s? 1) Accounting for all funds 2) Loyalty 3) Using skill, care, and diligence 4) Confiden
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tiality
ANSWER

Accounting for all funds ms ms ms




QUESTION 12 ms




You sell Jessica a current up-to-
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date rental list and provide all the proper disclosures and paperwork. Jessica contacts
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you 15 days later and asks for a refund of the amount she paid for the list because s
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he could not find a rental on the list. She is entitled to how much of a refund? 1) 100
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% 2) 75% 3) 25% 4) 0%
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ANSWER

75%



QUESTION 13 ms