GOLD COAST REAL ESTATE EXAM SCRIPT
FINAL PAPER 2026 FULL SOLUTION
QUESTIONS AND ANSWERS
●● Florida timeshare projects are regulated by which organization?
(a) Florida Real Estate Commission
(b) Department of Community Affairs
(c) Division of Florida Condominiums, Timeshares and Mobile Homes
(d) Department of Housing and Urban Development. Answer: c)
Division of Florida Condominiums, Timeshares and Mobile Homes
●● Able, who holds title in fee simple, deeds land to Baker to enjoy until
his death. At that time, Charlie is to receive title to the land. Baker's
interest in the land is known as which of the following?
(a) Fee simple estate
(b) Life estate
,(c) Remainder estate
(d) Estate for years. Answer: (b) Life estate
●● Able, who holds title in fee simple, deeds land to Baker to enjoy until
his death. Upon Baker's death, Charlie is to receive title to the land.
Charlie's interest in the land is which of the following?
(a) Reversion estate
(b) Remainder estate
(c) Estate for years
(d) Joint estate. Answer: (b) Remainder estate
●● What rights allow a property owner to have reasonable use of water
flowing over or through his or her land?
(a) Riparian
(b) Littoral
(c) Flowage
(d) Aquifer. Answer: (a) Riparian
, ●● A potential purchaser of a new timeshare can cancel the contract
without penalty within how many days?
(a) 10
(b) 20
(c) 30
(d) 40. Answer: (a) 10
●● Which statement best describes a tenancy at sufferance?
(a) The tenant suffers from the landlord's failure to maintain the
property.
(b) The landlord suffers from the tenant's failure to pay rent.
(c) The lease instrument is valid.
FINAL PAPER 2026 FULL SOLUTION
QUESTIONS AND ANSWERS
●● Florida timeshare projects are regulated by which organization?
(a) Florida Real Estate Commission
(b) Department of Community Affairs
(c) Division of Florida Condominiums, Timeshares and Mobile Homes
(d) Department of Housing and Urban Development. Answer: c)
Division of Florida Condominiums, Timeshares and Mobile Homes
●● Able, who holds title in fee simple, deeds land to Baker to enjoy until
his death. At that time, Charlie is to receive title to the land. Baker's
interest in the land is known as which of the following?
(a) Fee simple estate
(b) Life estate
,(c) Remainder estate
(d) Estate for years. Answer: (b) Life estate
●● Able, who holds title in fee simple, deeds land to Baker to enjoy until
his death. Upon Baker's death, Charlie is to receive title to the land.
Charlie's interest in the land is which of the following?
(a) Reversion estate
(b) Remainder estate
(c) Estate for years
(d) Joint estate. Answer: (b) Remainder estate
●● What rights allow a property owner to have reasonable use of water
flowing over or through his or her land?
(a) Riparian
(b) Littoral
(c) Flowage
(d) Aquifer. Answer: (a) Riparian
, ●● A potential purchaser of a new timeshare can cancel the contract
without penalty within how many days?
(a) 10
(b) 20
(c) 30
(d) 40. Answer: (a) 10
●● Which statement best describes a tenancy at sufferance?
(a) The tenant suffers from the landlord's failure to maintain the
property.
(b) The landlord suffers from the tenant's failure to pay rent.
(c) The lease instrument is valid.
