REAL ESTATE LICENSING
ms ms
Exam Solution
ms
Florida Real Estate: Cram Exam 1 2026 A+ GRADE ASS
ms ms ms ms ms ms ms ms ms
URED COMPLETE SOLUTIONS AND VERIFIED ANSWERS
ms ms ms ms ms
(225FC)
ms
QUESTION 1 ms
Absentee ownership has increased the demand for which area of brokerage?
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ANSWER
property management ms
QUESTION 2 ms
How is a real estate appraiser paid?
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ANSWER
a free based upon time and difficulty of the appraisal
ms ms ms ms ms ms ms ms ms
QUESTION 3 ms
What does the local planning agency have the authority to approve?
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ANSWER
subdivision plat maps ms ms
QUESTION 4 ms
What is it called when a developer gives land to a government body?
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ANSWER
dedication
,QUESTION 5 ms
What business is a licensee engaged in who markets, leases and maintains property fo
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r someone else?
ms ms
ANSWER
property management ms
QUESTION 6 ms
In which service of real estate must a licensee disclose the agency relationship and th
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
e responsibilities of that relationship to the public?
ms ms ms ms ms ms ms
ANSWER
residential sales ms
QUESTION 7 ms
Which power authorizes the FREC to pass or revise rules?
ms ms ms ms ms ms ms ms ms
ANSWER
quasi-legislative
QUESTION 8 ms
All of the following would be grounds for suspension of revocation of a real estate lice
ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms
nse, EXCEPT?ms
ANSWER
not being a resident of Florida
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QUESTION 9 ms
Sandy works as a sales associate for a broker and has been asked to work weekends f
ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms
or a developer to sell new homes on commission. What must Sandy do to work for th
ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms
e developer?
ms
ANSWER
transfer her license from the broker to the owner developer
ms ms ms ms ms ms ms ms ms
QUESTION 10 ms
, What does the license law require that a licensee complete before the first renewal of
ms ms ms ms ms ms ms ms ms ms ms ms ms ms m
a Florida real estate license?
s ms ms ms ms
ANSWER
post-licensing course ms
QUESTION 11 ms
In a brokerage corporation, the officers and directors can be active or inactive broker
ms ms ms ms ms ms ms ms ms ms ms ms ms
s or non-licensed registered persons. If someone who is non-
ms ms ms ms ms ms ms ms ms
licensed and registered wants to become a broker, what must he or she do?
ms ms ms ms ms ms ms ms ms ms ms ms ms
ANSWER
qualify for a broker license in the same way as anyone else
ms ms ms ms ms ms ms ms ms ms ms
QUESTION 12 ms
Who would be exempt from the real estate licensing law?
ms ms ms ms ms ms ms ms ms
ANSWER
a person who rents mobile home lots
ms ms ms ms ms ms
QUESTION 13 ms
Which entity provides the best protection for the public during a real estate transacti
ms ms ms ms ms ms ms ms ms ms ms ms ms
on?
ANSWER
FREC and the license law
ms ms ms ms
QUESTION 14 ms
Which of the following is a characteristic of group license?
ms ms ms ms ms ms ms ms ms
ANSWER
it may be held by a sales associate or broker associate
ms ms ms ms ms ms ms ms ms ms
QUESTION 15 ms
All of the following are exempt from FS 475, EXCEPT
ms ms ms ms ms ms ms ms ms
ANSWER
business brokers ms
ms ms
Exam Solution
ms
Florida Real Estate: Cram Exam 1 2026 A+ GRADE ASS
ms ms ms ms ms ms ms ms ms
URED COMPLETE SOLUTIONS AND VERIFIED ANSWERS
ms ms ms ms ms
(225FC)
ms
QUESTION 1 ms
Absentee ownership has increased the demand for which area of brokerage?
ms ms ms ms ms ms ms ms ms ms
ANSWER
property management ms
QUESTION 2 ms
How is a real estate appraiser paid?
ms ms ms ms ms ms
ANSWER
a free based upon time and difficulty of the appraisal
ms ms ms ms ms ms ms ms ms
QUESTION 3 ms
What does the local planning agency have the authority to approve?
ms ms ms ms ms ms ms ms ms ms
ANSWER
subdivision plat maps ms ms
QUESTION 4 ms
What is it called when a developer gives land to a government body?
ms ms ms ms ms ms ms ms ms ms ms ms
ANSWER
dedication
,QUESTION 5 ms
What business is a licensee engaged in who markets, leases and maintains property fo
ms ms ms ms ms ms ms ms ms ms ms ms ms
r someone else?
ms ms
ANSWER
property management ms
QUESTION 6 ms
In which service of real estate must a licensee disclose the agency relationship and th
ms ms ms ms ms ms ms ms ms ms ms ms ms ms
e responsibilities of that relationship to the public?
ms ms ms ms ms ms ms
ANSWER
residential sales ms
QUESTION 7 ms
Which power authorizes the FREC to pass or revise rules?
ms ms ms ms ms ms ms ms ms
ANSWER
quasi-legislative
QUESTION 8 ms
All of the following would be grounds for suspension of revocation of a real estate lice
ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms
nse, EXCEPT?ms
ANSWER
not being a resident of Florida
ms ms ms ms ms
QUESTION 9 ms
Sandy works as a sales associate for a broker and has been asked to work weekends f
ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms
or a developer to sell new homes on commission. What must Sandy do to work for th
ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms ms
e developer?
ms
ANSWER
transfer her license from the broker to the owner developer
ms ms ms ms ms ms ms ms ms
QUESTION 10 ms
, What does the license law require that a licensee complete before the first renewal of
ms ms ms ms ms ms ms ms ms ms ms ms ms ms m
a Florida real estate license?
s ms ms ms ms
ANSWER
post-licensing course ms
QUESTION 11 ms
In a brokerage corporation, the officers and directors can be active or inactive broker
ms ms ms ms ms ms ms ms ms ms ms ms ms
s or non-licensed registered persons. If someone who is non-
ms ms ms ms ms ms ms ms ms
licensed and registered wants to become a broker, what must he or she do?
ms ms ms ms ms ms ms ms ms ms ms ms ms
ANSWER
qualify for a broker license in the same way as anyone else
ms ms ms ms ms ms ms ms ms ms ms
QUESTION 12 ms
Who would be exempt from the real estate licensing law?
ms ms ms ms ms ms ms ms ms
ANSWER
a person who rents mobile home lots
ms ms ms ms ms ms
QUESTION 13 ms
Which entity provides the best protection for the public during a real estate transacti
ms ms ms ms ms ms ms ms ms ms ms ms ms
on?
ANSWER
FREC and the license law
ms ms ms ms
QUESTION 14 ms
Which of the following is a characteristic of group license?
ms ms ms ms ms ms ms ms ms
ANSWER
it may be held by a sales associate or broker associate
ms ms ms ms ms ms ms ms ms ms
QUESTION 15 ms
All of the following are exempt from FS 475, EXCEPT
ms ms ms ms ms ms ms ms ms
ANSWER
business brokers ms