Florida Real Estate State Exam Prep
2025/2026 Exam Questions and Verified
Answers | Already Graded A+
Joint Ventures - 🧠 ANSWER ✔✔is a temporary form of business
arrangement often encountered in real estate business.
Trade Names - 🧠 ANSWER ✔✔is a business name other than the legal
name of the person doing business. The letters T/A are used to indicate
"trading as."
Chapter 120, F.S. - 🧠 ANSWER ✔✔Administrative Procedures Act
Chapter 455, F.S. - 🧠 ANSWER ✔✔Regulation of Professional and
Occupations
Chapter 28, Sections 101-110 - 🧠 ANSWER ✔✔Division of Administrative
Hearings (DOAH Rules), Florida Administrative Code (F.A.C.)
,Chapter 61J2 - 🧠 ANSWER ✔✔Florida Real Estate Commission, Fl
Administrative Code (F.A.C.)
Recovery Fund - 🧠 ANSWER ✔✔Claim must be paid with in 2 yrs.
Max payment $50,000 (single transaction)
Max payment on multiple $150,000
Punitive Damages and Interest CANNOT be reimbursed from fund
Accumulation of the Recovery Fund - 🧠 ANSWER ✔✔total of $1 million is
the limit for fund at any one time.
Accumulated by charging Licensees a Recovery Fund Fee when a new lic
is issued or renewed. Fines imposed by FREC and collected by DBPR.
Collection stops when limit is reached and restarts when amount drops
below $500k. At that time, a fee of $3.50 per yr. for brokers and $1.50 per
year for sales Assoc. is added to Lic fee.
Civil Rights Act of 1964 (Titles II and III) - 🧠 ANSWER ✔✔ended racial
segregation in schools, the work place, and public accommodations.
, Civil Rights Act of 1968: The Fair Housing Act - 🧠 ANSWER ✔✔Prohibits
discrimination on the basis of Race, Color, Religion, Sex and National
Origin when selling or renting residential property.
7 Protected Classes (FRSH CRN aka Fresh Corn) - 🧠 ANSWER ✔✔Race
Color
Religion
Sex
Handicap Status (mental or physical)
Familial Status (18 or younger or Pregnant Women)
National Origin
Blockbusting - 🧠 ANSWER ✔✔Use the entry, or rumor of the entry, of a
protected class into the neighborhood to persuade owners to sell
Steering - 🧠 ANSWER ✔✔Channel Home seekers to or away from a
particular neighborhood because they are members of a protected class
Redlining - 🧠 ANSWER ✔✔Deny loans or insurance coverage by a lender
or insurer that presents different terms or conditions for homes in certain
neighborhoods
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
2025/2026 Exam Questions and Verified
Answers | Already Graded A+
Joint Ventures - 🧠 ANSWER ✔✔is a temporary form of business
arrangement often encountered in real estate business.
Trade Names - 🧠 ANSWER ✔✔is a business name other than the legal
name of the person doing business. The letters T/A are used to indicate
"trading as."
Chapter 120, F.S. - 🧠 ANSWER ✔✔Administrative Procedures Act
Chapter 455, F.S. - 🧠 ANSWER ✔✔Regulation of Professional and
Occupations
Chapter 28, Sections 101-110 - 🧠 ANSWER ✔✔Division of Administrative
Hearings (DOAH Rules), Florida Administrative Code (F.A.C.)
,Chapter 61J2 - 🧠 ANSWER ✔✔Florida Real Estate Commission, Fl
Administrative Code (F.A.C.)
Recovery Fund - 🧠 ANSWER ✔✔Claim must be paid with in 2 yrs.
Max payment $50,000 (single transaction)
Max payment on multiple $150,000
Punitive Damages and Interest CANNOT be reimbursed from fund
Accumulation of the Recovery Fund - 🧠 ANSWER ✔✔total of $1 million is
the limit for fund at any one time.
Accumulated by charging Licensees a Recovery Fund Fee when a new lic
is issued or renewed. Fines imposed by FREC and collected by DBPR.
Collection stops when limit is reached and restarts when amount drops
below $500k. At that time, a fee of $3.50 per yr. for brokers and $1.50 per
year for sales Assoc. is added to Lic fee.
Civil Rights Act of 1964 (Titles II and III) - 🧠 ANSWER ✔✔ended racial
segregation in schools, the work place, and public accommodations.
, Civil Rights Act of 1968: The Fair Housing Act - 🧠 ANSWER ✔✔Prohibits
discrimination on the basis of Race, Color, Religion, Sex and National
Origin when selling or renting residential property.
7 Protected Classes (FRSH CRN aka Fresh Corn) - 🧠 ANSWER ✔✔Race
Color
Religion
Sex
Handicap Status (mental or physical)
Familial Status (18 or younger or Pregnant Women)
National Origin
Blockbusting - 🧠 ANSWER ✔✔Use the entry, or rumor of the entry, of a
protected class into the neighborhood to persuade owners to sell
Steering - 🧠 ANSWER ✔✔Channel Home seekers to or away from a
particular neighborhood because they are members of a protected class
Redlining - 🧠 ANSWER ✔✔Deny loans or insurance coverage by a lender
or insurer that presents different terms or conditions for homes in certain
neighborhoods
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
