FLORIDA 2-20 AGENTS LICENSE
FINAL EXAM AND STUDY GUIDE
QUESTIONS AND ANSWERS 2026
An individual does not intend to engage in real estate activity. However, he does
plan to be an officer of a real estate brokerage corporation. Which status BEST
describes this situation?
a. Active sales associate license
b. Active broker license
c. Registered with the DBPR
d. Inactive sales associate license - Correct answer-c. Registered with the DBPR
An individual who has fulfilled all of the academic and experience requirements
for real estate brokers but who operates as a sales associate in the employ of a
supervising broker is an
a. active sales associate
b. active broker
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,c. inactive broker
d. active broker associate - Correct answer-d. active broker associate
Real estate license applicants who desire to review their most recent license exam
MUST file a request to review within
a. 10 days
b. 14 days
c. 21 days
d. 30 days - Correct answer-c. 21 days
A nonresident who holds a Florida real estate license MUST
a. consent, once licensed, to having all documents notarized that become part of
future real estate transactions in which the nonresident licensee is involved
b. complete all required post-licensing and continuing education requirements
c. become a Florida resident within the initial license period
d. accept permanent revocation of the license should any violation of the real estate
license law be upheld - Correct answer-b. complete all required post-licensing and
continuing education requirements
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,Does a licensee who is convicted of a misdemeanor offense have a duty to report
the conviction of the FREC?
a. Yes, a licensee is required to disclose misdemeanor convictions with 60 days.
b. Yes, licensees must disclose all convictions to the FREC within 30 days
c. No, licensees are required to disclose felony convictions buy not misdemeanor
convictions
d. Yes, the licensee is required to disclose the misdemeanor convictions unless the
licensee pleads nolo contender - Correct answer-b. Yes, licensees must disclose all
convictions to the FREC within 30 days
Which activity is NOT a real estate service?
a. Mortgaging real property
b. Advertising real property
c. Renting real property
d. Auctioning real property - Correct answer-a. Mortgaging real property
Which statement is FALSE regarding mutual recognition agreements?
a. the agreements are intended to recognize the education and experience that real
estate licensees have acquired in other states or nations
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, b. Mutual recognition applicants are required to take a examination on Florida real
estate laws.
c. Mutual recognition applicants may be Florida residents or nonresidents
d. Mutual agreements allow Florida real estate licensees to have an equal
opportunity for licensure in jurisdictions with which agreements are concluded -
Correct answer-c. Mutual recognition applicants may be Florida residents or
nonresidents
A sales associate sells real estate on the weekend for brokerage company A. She
also works as a sales associate for brokerage company B. She is paid on a
commission basis at both brokerage company A and brokerage company B. Which
statement applies to this situation?
a. As long as the broker for brokerage company A is also an owner-developer, this
is an acceptable arrangement
b. The sales associate is in violation of Chapter 475, F.S.
c. The sales associate must register both employers with the DBPR.
d. This is legal, provided the sales associate is issued a multiple license. - Correct
answer-b. The sales associate is in violation of Chapter 475, F.S.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 4
FINAL EXAM AND STUDY GUIDE
QUESTIONS AND ANSWERS 2026
An individual does not intend to engage in real estate activity. However, he does
plan to be an officer of a real estate brokerage corporation. Which status BEST
describes this situation?
a. Active sales associate license
b. Active broker license
c. Registered with the DBPR
d. Inactive sales associate license - Correct answer-c. Registered with the DBPR
An individual who has fulfilled all of the academic and experience requirements
for real estate brokers but who operates as a sales associate in the employ of a
supervising broker is an
a. active sales associate
b. active broker
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,c. inactive broker
d. active broker associate - Correct answer-d. active broker associate
Real estate license applicants who desire to review their most recent license exam
MUST file a request to review within
a. 10 days
b. 14 days
c. 21 days
d. 30 days - Correct answer-c. 21 days
A nonresident who holds a Florida real estate license MUST
a. consent, once licensed, to having all documents notarized that become part of
future real estate transactions in which the nonresident licensee is involved
b. complete all required post-licensing and continuing education requirements
c. become a Florida resident within the initial license period
d. accept permanent revocation of the license should any violation of the real estate
license law be upheld - Correct answer-b. complete all required post-licensing and
continuing education requirements
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
,Does a licensee who is convicted of a misdemeanor offense have a duty to report
the conviction of the FREC?
a. Yes, a licensee is required to disclose misdemeanor convictions with 60 days.
b. Yes, licensees must disclose all convictions to the FREC within 30 days
c. No, licensees are required to disclose felony convictions buy not misdemeanor
convictions
d. Yes, the licensee is required to disclose the misdemeanor convictions unless the
licensee pleads nolo contender - Correct answer-b. Yes, licensees must disclose all
convictions to the FREC within 30 days
Which activity is NOT a real estate service?
a. Mortgaging real property
b. Advertising real property
c. Renting real property
d. Auctioning real property - Correct answer-a. Mortgaging real property
Which statement is FALSE regarding mutual recognition agreements?
a. the agreements are intended to recognize the education and experience that real
estate licensees have acquired in other states or nations
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
, b. Mutual recognition applicants are required to take a examination on Florida real
estate laws.
c. Mutual recognition applicants may be Florida residents or nonresidents
d. Mutual agreements allow Florida real estate licensees to have an equal
opportunity for licensure in jurisdictions with which agreements are concluded -
Correct answer-c. Mutual recognition applicants may be Florida residents or
nonresidents
A sales associate sells real estate on the weekend for brokerage company A. She
also works as a sales associate for brokerage company B. She is paid on a
commission basis at both brokerage company A and brokerage company B. Which
statement applies to this situation?
a. As long as the broker for brokerage company A is also an owner-developer, this
is an acceptable arrangement
b. The sales associate is in violation of Chapter 475, F.S.
c. The sales associate must register both employers with the DBPR.
d. This is legal, provided the sales associate is issued a multiple license. - Correct
answer-b. The sales associate is in violation of Chapter 475, F.S.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 4
