GOLD COAST EXAM PAPER 2026
QUESTIONS AND FULL SOLUTIONS
GRADED A+
⩥ moratorium. Answer: Local governments can impose a moratorium or
temporary delay
⩥ Commission refers to. Answer: Florida Real Estate Commission
(FREC)
⩥ Department refers to. Answer: Department of Business and
Professional Regulation (DBPR)
⩥ In order to become a Broker you must. Answer: Be a sales associate
for 2 years in the last preceding 5 years
⩥ What is a broker associate?. Answer: A sales associate that has a
brokers license
⩥ What are the requirements to have a real estate license. Answer: 18
years of age
High school diploma or equivalent
Doesn't have to be US citizen
,Must have a social security number
⩥ How many days do you have to request a formal hearing for a
application denial. Answer: 21
⩥ Do you request a formal hearing or appeal for a application denial.
Answer: Request a formal hearing
⩥ What do you have to do after receiving your real estate license.
Answer: A 45 hour post license course
⩥ If you don't complete continued education after 2 years your license
becomes.. Answer: Involuntary Inactive
⩥ Attorneys in fact are. Answer: Persons who are granted authority
under a power of attorney to act for others in some capacity such as
signing documents
⩥ An administrative fine may not exceed________________ Per
offense. Answer: $5,000
⩥ T/F the department has the authority to issue injunctions against
unlicensed persons. Answer: False
, ⩥ Licensees May be suspended for up to______. Answer: 10 years
⩥ If licensees do not complete the post license requirements prior to
expiration of the initial license then the result will be. Answer: Null and
void to the license status
⩥ A license may remain involuntary inactive for how long. Answer: 2
years
⩥ Single agent. Answer: A broker may represent only a seller or only a
buyer. Any attempt to represent both parties in a transaction would
create an illegal dual agency
⩥ Concealment. Answer: A broker has a duty to transmit any and all
offers to the employer including oral or offers made without a binder
deposit. Not doing this would be considered concealment
⩥ T/F principle offices registration may be transferred. Answer: True
⩥ T/F branch registration can be transferred. Answer: False
⩥ How long can you stay involuntary inactive. Answer: 2 years
QUESTIONS AND FULL SOLUTIONS
GRADED A+
⩥ moratorium. Answer: Local governments can impose a moratorium or
temporary delay
⩥ Commission refers to. Answer: Florida Real Estate Commission
(FREC)
⩥ Department refers to. Answer: Department of Business and
Professional Regulation (DBPR)
⩥ In order to become a Broker you must. Answer: Be a sales associate
for 2 years in the last preceding 5 years
⩥ What is a broker associate?. Answer: A sales associate that has a
brokers license
⩥ What are the requirements to have a real estate license. Answer: 18
years of age
High school diploma or equivalent
Doesn't have to be US citizen
,Must have a social security number
⩥ How many days do you have to request a formal hearing for a
application denial. Answer: 21
⩥ Do you request a formal hearing or appeal for a application denial.
Answer: Request a formal hearing
⩥ What do you have to do after receiving your real estate license.
Answer: A 45 hour post license course
⩥ If you don't complete continued education after 2 years your license
becomes.. Answer: Involuntary Inactive
⩥ Attorneys in fact are. Answer: Persons who are granted authority
under a power of attorney to act for others in some capacity such as
signing documents
⩥ An administrative fine may not exceed________________ Per
offense. Answer: $5,000
⩥ T/F the department has the authority to issue injunctions against
unlicensed persons. Answer: False
, ⩥ Licensees May be suspended for up to______. Answer: 10 years
⩥ If licensees do not complete the post license requirements prior to
expiration of the initial license then the result will be. Answer: Null and
void to the license status
⩥ A license may remain involuntary inactive for how long. Answer: 2
years
⩥ Single agent. Answer: A broker may represent only a seller or only a
buyer. Any attempt to represent both parties in a transaction would
create an illegal dual agency
⩥ Concealment. Answer: A broker has a duty to transmit any and all
offers to the employer including oral or offers made without a binder
deposit. Not doing this would be considered concealment
⩥ T/F principle offices registration may be transferred. Answer: True
⩥ T/F branch registration can be transferred. Answer: False
⩥ How long can you stay involuntary inactive. Answer: 2 years
