GOLD COAST SCHOOL Real Estate
Actual Exam Questions and Answers
Latest Versions 2025 Graded A+
What government entity was created for the purpose of
administering and enforcing real estate license law?
A. The division of real estate licensing
B. the Florida real estate licensing board
C. The Florida real estate commission
D. The division of regulation - correct answer -C. the Florida real
estate commission
Which of the following best describes the overall purpose of F.S.
475?
,A. to protect consumers
B. to create the entities that regulate the real estate market
C. to establish regulations and penalties for violations
D. to define the qualifications for real estate licensees and
appraisers - correct answer -A. to protect consumers
"The department" refers to which government entity? - correct
answer -The department of business and professional regulation
(DBPR)
What is "the division"? - correct answer -The Division of real
estate (DRE)
All of the following persons require a Florida real estate license,
EXCEPT:
A. A person who negotiates the sale of a house in Delray Beach,
Florida on behalf of a friend who inherited the house from his
deceased mother, without receiving any compensation
B. A person who lives and. Works in Atlanta, Georgia, who
negotiates the sale of a relatives auto dealing business in Palm
Beach County, and receives a flat fee for the service
,C. A person who is paid to advise a real estate investor about the
relative merits of two Parcels of land in Orlando, FL, for future
development
D. A person who is paid a salary and is employed by a developer
to sell timeshare units in a new condominium development in
Naples, Florida - correct answer -A. A person who negotiates the
sale of a house in Delray Beach, Florida on behalf of a friend who
inherited the house from his deceased mother, without receiving
any compensation
Which person requires a Florida real estate license?
A. A person who helps a client locate and purchase a facility in
Jacksonville, Florida, for the client's veterinary practice, and
receives 3% of the purchase price for their services
B. A person who lists for sale a lakefront home on Lake
Tuscaloosa, in Alabama, for a longtime client and receives 5% of
the selling price for their services
C. A person who negotiates the sale of a 20-acre parcel of land
that they own in Ocala, Florida
D. A person who lives in Tallahassee who helps a friend purchase
a duplex in Pensacola, Florida as an investment property but
does not receive any compensation for their help - correct answer
-A. A person who helps a client locate and purchase a facility in
Jacksonville, Florida, for the client's veterinary practice, and
receives 3% of the purchase price for their services
, Which of the following most accurately defines "compensation"
with respect to real estate licensees?
A. Anything or any service of value that is paid, received, or
expected to be paid or received in exchange for a performed
service
B. A flat fee or percentage commission that is paid in exchange
for a performed service
C. Money that is paid, received, or expected to be paid or
received in exchange for a performed service
D. Money that is paid in exchange for a performed service -
correct answer -A. Anything or any service of value that is paid,
received, or expected to be paid or received in exchange for a
performed service
All of the following are services that require a current, valid Florida
real estate license, EXCEPT:
A. Appraising in federally-related transactions, developing,
constructing, selling homeowner's insurance, and lending money
to finance home purchases
B. Auctioning, counseling, advertising real estate services, and
soliciting real estate business
C. Property management, business brokerage, selling timeshare
units, and providing leads or referrals for compensation
D. .buying, selling, listing, renting, and showing property - correct
answer -A. Appraising in federally-related transactions,
developing, constructing, selling homeowner's insurance, and
lending money to finance home purchases
Actual Exam Questions and Answers
Latest Versions 2025 Graded A+
What government entity was created for the purpose of
administering and enforcing real estate license law?
A. The division of real estate licensing
B. the Florida real estate licensing board
C. The Florida real estate commission
D. The division of regulation - correct answer -C. the Florida real
estate commission
Which of the following best describes the overall purpose of F.S.
475?
,A. to protect consumers
B. to create the entities that regulate the real estate market
C. to establish regulations and penalties for violations
D. to define the qualifications for real estate licensees and
appraisers - correct answer -A. to protect consumers
"The department" refers to which government entity? - correct
answer -The department of business and professional regulation
(DBPR)
What is "the division"? - correct answer -The Division of real
estate (DRE)
All of the following persons require a Florida real estate license,
EXCEPT:
A. A person who negotiates the sale of a house in Delray Beach,
Florida on behalf of a friend who inherited the house from his
deceased mother, without receiving any compensation
B. A person who lives and. Works in Atlanta, Georgia, who
negotiates the sale of a relatives auto dealing business in Palm
Beach County, and receives a flat fee for the service
,C. A person who is paid to advise a real estate investor about the
relative merits of two Parcels of land in Orlando, FL, for future
development
D. A person who is paid a salary and is employed by a developer
to sell timeshare units in a new condominium development in
Naples, Florida - correct answer -A. A person who negotiates the
sale of a house in Delray Beach, Florida on behalf of a friend who
inherited the house from his deceased mother, without receiving
any compensation
Which person requires a Florida real estate license?
A. A person who helps a client locate and purchase a facility in
Jacksonville, Florida, for the client's veterinary practice, and
receives 3% of the purchase price for their services
B. A person who lists for sale a lakefront home on Lake
Tuscaloosa, in Alabama, for a longtime client and receives 5% of
the selling price for their services
C. A person who negotiates the sale of a 20-acre parcel of land
that they own in Ocala, Florida
D. A person who lives in Tallahassee who helps a friend purchase
a duplex in Pensacola, Florida as an investment property but
does not receive any compensation for their help - correct answer
-A. A person who helps a client locate and purchase a facility in
Jacksonville, Florida, for the client's veterinary practice, and
receives 3% of the purchase price for their services
, Which of the following most accurately defines "compensation"
with respect to real estate licensees?
A. Anything or any service of value that is paid, received, or
expected to be paid or received in exchange for a performed
service
B. A flat fee or percentage commission that is paid in exchange
for a performed service
C. Money that is paid, received, or expected to be paid or
received in exchange for a performed service
D. Money that is paid in exchange for a performed service -
correct answer -A. Anything or any service of value that is paid,
received, or expected to be paid or received in exchange for a
performed service
All of the following are services that require a current, valid Florida
real estate license, EXCEPT:
A. Appraising in federally-related transactions, developing,
constructing, selling homeowner's insurance, and lending money
to finance home purchases
B. Auctioning, counseling, advertising real estate services, and
soliciting real estate business
C. Property management, business brokerage, selling timeshare
units, and providing leads or referrals for compensation
D. .buying, selling, listing, renting, and showing property - correct
answer -A. Appraising in federally-related transactions,
developing, constructing, selling homeowner's insurance, and
lending money to finance home purchases
