FREC 1 SALES ASSOCIATE PRE-LICENSE EXAM PRACTICE
QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)
PLUS RATIONALES Q&A INSTANT DOWNLOAD PDF
120 QUESTIONS
TABLE OF CONTENTS
# TOPIC
1 Demonstrate mastery of core concepts
2 FREC 1 Sales Associate Pre
3 License Exam Practice Questions And Correct Answers
4 Verified Answers
5 Plus Rationales Q&A Instant Download Pdf
6 Foundations of FREC 1 Sales Associate Pre-License Exam Practice Questions And Correct Answers
(Verified Answers) Plus Rationales Q&A Instant Download Pdf
7 Applied FREC 1 Sales Associate Pre-License Exam Practice Questions And Correct Answers (Verified
Answers) Plus Rationales Q&A Instant Download Pdf
8 Advanced FREC 1 Sales Associate Pre-License Exam Practice Questions And Correct Answers (Verified
Answers) Plus Rationales Q&A Instant Download Pdf
9 FREC 1 Sales Associate Pre-License Exam Practice Questions And Correct Answers (Verified Answers)
Plus Rationales Q&A Instant Download Pdf Review
Page 1
,Q1 DEMONSTRATE MASTERY OF CORE CONCEPTS
A broker is preparing a comparative market analysis (CMA) for a seller. The broker
includes a pending sale from 90 days ago with atypical financing and an expired
listing from last year. Which principle is most directly violated?
A. Antitrust compliance
B. Fair housing law
C. CMA accuracy and reliability CORRECT
D. Agency disclosure
RATIONALE: A CMA must use comparable, recent, and arm's-length transactions. Including
expired listings or atypical financing distorts market value, violating the duty to provide accurate
data. Antitrust and fair housing are unrelated, and agency disclosure concerns representation,
not valuation methodology.
Q2 DEMONSTRATE MASTERY OF CORE CONCEPTS
Under Florida's disassociation statute, which condition must be met for a broker
to unilaterally terminate a listing agreement?
A. The seller has committed a material breach of the agreement. CORRECT
B. The broker gives 30 days' written notice without cause.
C. The property has been listed for at least 90 days.
D. Both broker and seller consent in writing.
RATIONALE: Florida law permits a broker to disassociate from a listing only upon a material
breach by the seller, such as fraud or misrepresentation. Without cause, unilateral termination is
not allowed; mutual consent or a specific contractual provision is required otherwise.
Page 2
,Q3 DEMONSTRATE MASTERY OF CORE CONCEPTS
A buyer submits an offer with a financing contingency requiring a conventional
loan at 80% LTV. The appraiser values the property below the contract price. Which
clause allows the buyer to renegotiate or terminate?
A. Time is of the essence
B. Appraisal contingency CORRECT
C. Liquidated damages provision
D. Right of first refusal
RATIONALE: An appraisal contingency protects the buyer if the property appraises below the
agreed price, allowing renegotiation or withdrawal. Time is of the essence concerns deadlines,
liquidated damages pre-set damages for breach, and right of first refusal grants another party the
option to match an offer.
Q4 DEMONSTRATE MASTERY OF CORE CONCEPTS
Which scenario constitutes illegal blockbusting under the Fair Housing Act?
A. A broker advertises a home in a predominantly minority neighborhood using
Spanish-language media.
B. A broker tells a homeowner that property values will drop if minority families move in,
encouraging a quick sale. CORRECT
C. A landlord refuses to rent to a family with children due to a 'no children' policy.
D. A seller requests that only non-Hispanic buyers be shown the property.
RATIONALE: Blockbusting involves inducing owners to sell by representing that minority entry
will decrease property values. Advertising in another language is not discriminatory; refusing to
rent to families is familial status discrimination, and following a discriminatory instruction violates
the Act but is not blockbusting.
Page 3
, Q5 DEMONSTRATE MASTERY OF CORE CONCEPTS
A sales associate's license expires on March 31. The associate completes the
required 14-hour continuing education on March 15 and submits the renewal
application on March 20, but the commission receives it on April 2. What is the
associate's license status?
A. Active, because the application was postmarked by the expiration date.
B. Delinquent, because the application was received after the expiration date. CORRECT
C. Voluntarily inactive, because the associate chose not to renew on time.
D. Null and void, requiring re-application as a new applicant.
RATIONALE: Florida law requires the renewal application and fee to be received by the
expiration date; a postmark does not suffice. A late application places the license in delinquent
status, and the licensee may not engage in real estate activities until reinstated. It is not
automatically null and void.
Q6 DEMONSTRATE MASTERY OF CORE CONCEPTS
A broker holds a $5,000 earnest money deposit. The buyer and seller dispute who
is entitled to the funds. The broker keeps the deposit in the trust account pending
resolution. This action is:
A. Proper, because the broker is a neutral stakeholder. CORRECT
B. Improper, because the broker must release the deposit to the prevailing party.
C. Improper, because the broker must file an interpleader action immediately.
D. Proper only if the broker obtains written consent from both parties.
RATIONALE: When a dispute arises, the broker must not unilaterally release the deposit; holding
it in the trust account until resolution (by agreement, court order, or arbitration) is proper. The
broker may interplead if sued, but is not required to do so immediately, and consent is not the
sole basis for holding.
Page 4
QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)
PLUS RATIONALES Q&A INSTANT DOWNLOAD PDF
120 QUESTIONS
TABLE OF CONTENTS
# TOPIC
1 Demonstrate mastery of core concepts
2 FREC 1 Sales Associate Pre
3 License Exam Practice Questions And Correct Answers
4 Verified Answers
5 Plus Rationales Q&A Instant Download Pdf
6 Foundations of FREC 1 Sales Associate Pre-License Exam Practice Questions And Correct Answers
(Verified Answers) Plus Rationales Q&A Instant Download Pdf
7 Applied FREC 1 Sales Associate Pre-License Exam Practice Questions And Correct Answers (Verified
Answers) Plus Rationales Q&A Instant Download Pdf
8 Advanced FREC 1 Sales Associate Pre-License Exam Practice Questions And Correct Answers (Verified
Answers) Plus Rationales Q&A Instant Download Pdf
9 FREC 1 Sales Associate Pre-License Exam Practice Questions And Correct Answers (Verified Answers)
Plus Rationales Q&A Instant Download Pdf Review
Page 1
,Q1 DEMONSTRATE MASTERY OF CORE CONCEPTS
A broker is preparing a comparative market analysis (CMA) for a seller. The broker
includes a pending sale from 90 days ago with atypical financing and an expired
listing from last year. Which principle is most directly violated?
A. Antitrust compliance
B. Fair housing law
C. CMA accuracy and reliability CORRECT
D. Agency disclosure
RATIONALE: A CMA must use comparable, recent, and arm's-length transactions. Including
expired listings or atypical financing distorts market value, violating the duty to provide accurate
data. Antitrust and fair housing are unrelated, and agency disclosure concerns representation,
not valuation methodology.
Q2 DEMONSTRATE MASTERY OF CORE CONCEPTS
Under Florida's disassociation statute, which condition must be met for a broker
to unilaterally terminate a listing agreement?
A. The seller has committed a material breach of the agreement. CORRECT
B. The broker gives 30 days' written notice without cause.
C. The property has been listed for at least 90 days.
D. Both broker and seller consent in writing.
RATIONALE: Florida law permits a broker to disassociate from a listing only upon a material
breach by the seller, such as fraud or misrepresentation. Without cause, unilateral termination is
not allowed; mutual consent or a specific contractual provision is required otherwise.
Page 2
,Q3 DEMONSTRATE MASTERY OF CORE CONCEPTS
A buyer submits an offer with a financing contingency requiring a conventional
loan at 80% LTV. The appraiser values the property below the contract price. Which
clause allows the buyer to renegotiate or terminate?
A. Time is of the essence
B. Appraisal contingency CORRECT
C. Liquidated damages provision
D. Right of first refusal
RATIONALE: An appraisal contingency protects the buyer if the property appraises below the
agreed price, allowing renegotiation or withdrawal. Time is of the essence concerns deadlines,
liquidated damages pre-set damages for breach, and right of first refusal grants another party the
option to match an offer.
Q4 DEMONSTRATE MASTERY OF CORE CONCEPTS
Which scenario constitutes illegal blockbusting under the Fair Housing Act?
A. A broker advertises a home in a predominantly minority neighborhood using
Spanish-language media.
B. A broker tells a homeowner that property values will drop if minority families move in,
encouraging a quick sale. CORRECT
C. A landlord refuses to rent to a family with children due to a 'no children' policy.
D. A seller requests that only non-Hispanic buyers be shown the property.
RATIONALE: Blockbusting involves inducing owners to sell by representing that minority entry
will decrease property values. Advertising in another language is not discriminatory; refusing to
rent to families is familial status discrimination, and following a discriminatory instruction violates
the Act but is not blockbusting.
Page 3
, Q5 DEMONSTRATE MASTERY OF CORE CONCEPTS
A sales associate's license expires on March 31. The associate completes the
required 14-hour continuing education on March 15 and submits the renewal
application on March 20, but the commission receives it on April 2. What is the
associate's license status?
A. Active, because the application was postmarked by the expiration date.
B. Delinquent, because the application was received after the expiration date. CORRECT
C. Voluntarily inactive, because the associate chose not to renew on time.
D. Null and void, requiring re-application as a new applicant.
RATIONALE: Florida law requires the renewal application and fee to be received by the
expiration date; a postmark does not suffice. A late application places the license in delinquent
status, and the licensee may not engage in real estate activities until reinstated. It is not
automatically null and void.
Q6 DEMONSTRATE MASTERY OF CORE CONCEPTS
A broker holds a $5,000 earnest money deposit. The buyer and seller dispute who
is entitled to the funds. The broker keeps the deposit in the trust account pending
resolution. This action is:
A. Proper, because the broker is a neutral stakeholder. CORRECT
B. Improper, because the broker must release the deposit to the prevailing party.
C. Improper, because the broker must file an interpleader action immediately.
D. Proper only if the broker obtains written consent from both parties.
RATIONALE: When a dispute arises, the broker must not unilaterally release the deposit; holding
it in the trust account until resolution (by agreement, court order, or arbitration) is proper. The
broker may interplead if sued, but is not required to do so immediately, and consent is not the
sole basis for holding.
Page 4
