FL POST LICENSE EXAMS SCRIPT 2025/2026 QUESTIONS
WITH ANSWERS MARKED A+
✔✔As John and Mary are preparing to close on their home sale, the property is
destroyed by a hurricane. The sale contract is: - ✔✔Void.
✔✔If a property is subject to a lease: - ✔✔All copies of the existing lease must be
provided for the buyer to review within 5 days of the effective date of the contract.
✔✔Key Design, Inc. vs. Moser stated that: - ✔✔A property's address is not adequate to
describe a property in a purchase contract.
✔✔open listing - ✔✔pay only the broker who brings an able buyer whose offer the
owner accepts
✔✔exclusive agency listing - ✔✔seller works with only 1 broker but can still avoid
paying a commission by finding a buyer themselves.
✔✔limited service listing - ✔✔offers services which are less than full service to list a
property in the MLS with limited marketing and open houses.
✔✔exclusive-right-of-sale listing - ✔✔MOST COMMON
✔✔Net Listings - ✔✔broker agrees to list a seller's property for a set amount to be
provided to the seller at closing (a net amount)
✔✔Florida, a lien theory state allows - ✔✔the mortgagor to hold the deed and legal title
to the property during the mortgage term. The mortgagor promises to make all
payments to the lender and the mortgage becomes a lien on the property. The
mortgagee's lien is removed once all loan payments have been completed.
✔✔MORTGAGOR - ✔✔BORROWER
✔✔MORTGAGEE - ✔✔LENDER
✔✔Any disputes between the broker and seller are agreed to be settled: - ✔✔Through
binding arbitration.
✔✔As _________________, you should not advise your customer as to any action they
should take. You may provide suggestions, but you are not an agent and if you give the
impression that you are an agent. - ✔✔A transaction broker
✔✔______________ power is used to write and enact rules. - ✔✔Quasi-legislative
WITH ANSWERS MARKED A+
✔✔As John and Mary are preparing to close on their home sale, the property is
destroyed by a hurricane. The sale contract is: - ✔✔Void.
✔✔If a property is subject to a lease: - ✔✔All copies of the existing lease must be
provided for the buyer to review within 5 days of the effective date of the contract.
✔✔Key Design, Inc. vs. Moser stated that: - ✔✔A property's address is not adequate to
describe a property in a purchase contract.
✔✔open listing - ✔✔pay only the broker who brings an able buyer whose offer the
owner accepts
✔✔exclusive agency listing - ✔✔seller works with only 1 broker but can still avoid
paying a commission by finding a buyer themselves.
✔✔limited service listing - ✔✔offers services which are less than full service to list a
property in the MLS with limited marketing and open houses.
✔✔exclusive-right-of-sale listing - ✔✔MOST COMMON
✔✔Net Listings - ✔✔broker agrees to list a seller's property for a set amount to be
provided to the seller at closing (a net amount)
✔✔Florida, a lien theory state allows - ✔✔the mortgagor to hold the deed and legal title
to the property during the mortgage term. The mortgagor promises to make all
payments to the lender and the mortgage becomes a lien on the property. The
mortgagee's lien is removed once all loan payments have been completed.
✔✔MORTGAGOR - ✔✔BORROWER
✔✔MORTGAGEE - ✔✔LENDER
✔✔Any disputes between the broker and seller are agreed to be settled: - ✔✔Through
binding arbitration.
✔✔As _________________, you should not advise your customer as to any action they
should take. You may provide suggestions, but you are not an agent and if you give the
impression that you are an agent. - ✔✔A transaction broker
✔✔______________ power is used to write and enact rules. - ✔✔Quasi-legislative
