Florida Real Estate Exam Questions
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Graded Answers Latest Updated 2026
Temporary Incapacitation of license mandatory suspension
out of state broker receives a commission cannot participate in the transaction
city needs a new school, acquire land by eminent domain
All legal rights transferred (100%) assignment
Dual Agency Representing both parties to a transaction. This is unethical unless
both parties agree to it, and it is illegal in many states (Violation of
Florida Statute 475
Combining two or more parcels of land assemblage
Real Estate Recovery fund is funded by fines and fees paid by licensees
Riparian Rights An owner's rights in land that borders on or includes a stream, river, or
lake. These rights include access to and use of the water.
Broker hiding value of property Could be charged with concealment
If office is closed, reopened, in same license request a reissue- no fee
period
real estate taxes are Ad Valorem tax
The four factors of production land, labor, capital, and entrepreneurial ability
Maximum number of years on FREC no limit
Land, improvements, interest and rights Real Property
Gross lease Tenant pays a fixed rent and the landlord (Lesser) pays all property
expenses
To cure a defect or cloud on the title to a piece quitclam deed
of property, the parties should:
Sales associate working for a broker general agency relationship
Brokers office Building of stationary construction
More than 1 active broker, 1 license revoked no affect on other licenses
Corporation registered to broker real estate at least 1 officer licensed as an active broker
Verified and Provided with Complete A+
Graded Answers Latest Updated 2026
Temporary Incapacitation of license mandatory suspension
out of state broker receives a commission cannot participate in the transaction
city needs a new school, acquire land by eminent domain
All legal rights transferred (100%) assignment
Dual Agency Representing both parties to a transaction. This is unethical unless
both parties agree to it, and it is illegal in many states (Violation of
Florida Statute 475
Combining two or more parcels of land assemblage
Real Estate Recovery fund is funded by fines and fees paid by licensees
Riparian Rights An owner's rights in land that borders on or includes a stream, river, or
lake. These rights include access to and use of the water.
Broker hiding value of property Could be charged with concealment
If office is closed, reopened, in same license request a reissue- no fee
period
real estate taxes are Ad Valorem tax
The four factors of production land, labor, capital, and entrepreneurial ability
Maximum number of years on FREC no limit
Land, improvements, interest and rights Real Property
Gross lease Tenant pays a fixed rent and the landlord (Lesser) pays all property
expenses
To cure a defect or cloud on the title to a piece quitclam deed
of property, the parties should:
Sales associate working for a broker general agency relationship
Brokers office Building of stationary construction
More than 1 active broker, 1 license revoked no affect on other licenses
Corporation registered to broker real estate at least 1 officer licensed as an active broker
