FLORIDA REAL ESTATE EXAM | COMPLETE QUESTIONS WITH
EXPERT SOLUTIONS 2026 -2027 LATEST UPDATED | GET A+
What does a real estate agent do? - (Answer)Find a tenant for a property for a fee.
Who must be paid compensation for completing a BPO? - (Answer)Broker
Who is a Florida resident according to FREC? - (Answer)A person who resides in Florida at least
4 months in the past year.
Who is exempt from the post-licensing (45hr) requirement? - (Answer)Individuals with a four
year degree or higher in real estate.
Can a broker associate hold more than one broker associate license? - (Answer)No
What is prima facie evidence? - (Answer)A type of evidence, unless refuted by other evidence
will prove the case
When must someone working for an owner-developer have a real estate license? -
(Answer)When they receive a bonus based on transactions.
,What is the maximum amount that an apartment complex can pay as a referral fee under FS 475 -
(Answer)$50
What are FRECs Quasi-legislative powers? - (Answer)Create and pass rules and bylaws, regulate
professional practice including the power to revise administrative rules.
How long does a former active military member have to renew their license after discharge? -
(Answer)24 months
You forget to renew your license after having one for 5 years. What education is required if it has
only been 6 months since your license expiration? - (Answer)14 hours of continuing education.
What is it called when you give up your license when you retire? - (Answer)voluntary
relinquishment
What type of agent is a sales associate working for a broker? - (Answer)general agent
Which brokerage relationship would be best for someone wanting limited brokerage? -
(Answer)Transactional broker
,When is a brokerage relationship disclosure required under FS 475? - (Answer)Residential real
estate including four or fewer residential lots.
When do you use a designated sales associate notice? - (Answer)Nonresidential transactions
when two sales associates act as single agents.
What is required on all advertising? - (Answer)Name of brokerage firm.
How long may you contact a customer on the DO NOT Call list? - (Answer)18 months.
When must a sales associate deliver earnest money deposit to the broker? - (Answer)by the end
of the next business day.
How many days does the broker have to notify the FREC when the buyer and seller settle their
escrow dispute? - (Answer)10 days
Three brokers agree to set their commission at 6%. What law(s) did they violate? -
(Answer)Sherman anti-trust act and Clayton anti-trust act.
, Who must have a broker's license in a real estate brokerage limited partnership? - (Answer)All
general partners that deal with the public.
What business organizations may NOT register as a real estate brokerage? - (Answer)Business
trust, corporation sole, joint venture, cooperative association, and unincorporated association.
What is a Stay of Enforcement in the FREC disciplinary process. - (Answer)Stops the
enforcement of the final order during the appeal process.
Can the FREC order restitution to an injured party? - (Answer)No
What happens to a citation if the allegations are not disputed? - (Answer)It becomes a final order.
What is the fine and potential imprisonment for a first-degree misdemeanor? - (Answer)$1,000
fine and one year in jail.
What happens to a broker's license when a claim not related to an EDO is paid from the recovery
fund? - (Answer)Suspended when payment is made from the fund.
EXPERT SOLUTIONS 2026 -2027 LATEST UPDATED | GET A+
What does a real estate agent do? - (Answer)Find a tenant for a property for a fee.
Who must be paid compensation for completing a BPO? - (Answer)Broker
Who is a Florida resident according to FREC? - (Answer)A person who resides in Florida at least
4 months in the past year.
Who is exempt from the post-licensing (45hr) requirement? - (Answer)Individuals with a four
year degree or higher in real estate.
Can a broker associate hold more than one broker associate license? - (Answer)No
What is prima facie evidence? - (Answer)A type of evidence, unless refuted by other evidence
will prove the case
When must someone working for an owner-developer have a real estate license? -
(Answer)When they receive a bonus based on transactions.
,What is the maximum amount that an apartment complex can pay as a referral fee under FS 475 -
(Answer)$50
What are FRECs Quasi-legislative powers? - (Answer)Create and pass rules and bylaws, regulate
professional practice including the power to revise administrative rules.
How long does a former active military member have to renew their license after discharge? -
(Answer)24 months
You forget to renew your license after having one for 5 years. What education is required if it has
only been 6 months since your license expiration? - (Answer)14 hours of continuing education.
What is it called when you give up your license when you retire? - (Answer)voluntary
relinquishment
What type of agent is a sales associate working for a broker? - (Answer)general agent
Which brokerage relationship would be best for someone wanting limited brokerage? -
(Answer)Transactional broker
,When is a brokerage relationship disclosure required under FS 475? - (Answer)Residential real
estate including four or fewer residential lots.
When do you use a designated sales associate notice? - (Answer)Nonresidential transactions
when two sales associates act as single agents.
What is required on all advertising? - (Answer)Name of brokerage firm.
How long may you contact a customer on the DO NOT Call list? - (Answer)18 months.
When must a sales associate deliver earnest money deposit to the broker? - (Answer)by the end
of the next business day.
How many days does the broker have to notify the FREC when the buyer and seller settle their
escrow dispute? - (Answer)10 days
Three brokers agree to set their commission at 6%. What law(s) did they violate? -
(Answer)Sherman anti-trust act and Clayton anti-trust act.
, Who must have a broker's license in a real estate brokerage limited partnership? - (Answer)All
general partners that deal with the public.
What business organizations may NOT register as a real estate brokerage? - (Answer)Business
trust, corporation sole, joint venture, cooperative association, and unincorporated association.
What is a Stay of Enforcement in the FREC disciplinary process. - (Answer)Stops the
enforcement of the final order during the appeal process.
Can the FREC order restitution to an injured party? - (Answer)No
What happens to a citation if the allegations are not disputed? - (Answer)It becomes a final order.
What is the fine and potential imprisonment for a first-degree misdemeanor? - (Answer)$1,000
fine and one year in jail.
What happens to a broker's license when a claim not related to an EDO is paid from the recovery
fund? - (Answer)Suspended when payment is made from the fund.
