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Florida Sales Associate Practice Exam 2026 – Practice Questions & Answers with Detailed Explanation

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Prepare for the Florida Sales Associate Exam 2026 with comprehensive practice questions designed to help you review essential real estate concepts and strengthen your exam readiness. This study resource covers key topics including Florida real estate law, FREC regulations, agency relationships, contracts, property ownership, financing, mortgages, disclosures, licensing requirements, real estate math, and professional responsibilities.

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Florida Sales Associate Practice Exam 2026



1. Which Florida agency relationship is the default relationship?
A. Single Agent
B. Transaction Broker
C. Universal Agent
D. General Agent
Answer: B
Explanation: Florida law presumes a transaction broker relationship unless another relationship is established
in writing.

2. The Florida Real Estate Commission (FREC) consists of:
A. 5 members
B. 7 members
C. 9 members
D. 11 members
Answer: B
Explanation: FREC is composed of seven members appointed by the Governor.

3. A sales associate's license must be registered under:
A. Another sales associate
B. An attorney
C.A licensed broker
D. A lender
Answer: C
Explanation: Florida sales associates must work under an active licensed broker.

4. A broker receives an earnest money deposit on Monday. By when must it generally be deposited into
escrow?
A. Monday
B. Tuesday
C. Wednesday
D. Thursday
Answer: C
Explanation: Florida brokers generally have until the end of the third business day following receipt.

5. Which duty is owed by a transaction broker?
A. Full fiduciary loyalty
B. Obedience only
C. Limited representation services
D. No representation
Answer: C
Explanation: Transaction brokers provide limited representation to both parties.

6. Real property includes:
A. Furniture only

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