Florida Real Estate Salesperson
Licensing Exam Practice Questions with
Detailed Rationales latest 2026 Latest
version Q&A |INSTANT DOWNLOAD
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1. Which of the following is required to obtain a Florida real estate
salesperson license?
A. Be at least 18 years old
B. Hold a high school diploma or equivalent
C. Complete 63 hours of pre-licensing education
D. Have previous work experience in real estate
Correct Answer: A, B, C
Rationale: Florida law requires applicants to be 18+, have a high school
diploma or equivalent, and complete the 63-hour pre-licensing course.
Prior work experience is not required.
2. A broker deposits client funds into their personal account instead of
a trust account. This is:
A. Commingling
B. Conversion
C. Escrow
D. Fraud
,Correct Answer: A
Rationale: Commingling occurs when a broker mixes client funds with
personal funds, which is illegal in Florida.
3. The Florida Real Estate Commission (FREC) has the authority to:
A. Issue real estate licenses
B. Suspend or revoke licenses
C. Set real estate commission rates
D. Establish rules for licensees
Correct Answer: A, B, D
Rationale: FREC can issue, suspend, or revoke licenses and establish
rules, but it cannot set commission rates, which are negotiated
privately.
4. A real estate licensee must disclose to all parties:
A. Material facts affecting the property
B. Their commission rate
C. Their personal interest in the property
D. The property’s previous sale price
Correct Answer: A, C
Rationale: Licensees must disclose material facts and personal interest.
Commission and past sale price disclosures are not mandatory unless
material to the transaction.
5. A single agent in Florida owes which duties to their client?
,A. Loyalty
B. Confidentiality
C. Obedience
D. Self-dealing
Correct Answer: A, B, C
Rationale: A single agent must act in the client’s best interest, maintain
confidentiality, and follow lawful instructions. Self-dealing is prohibited.
6. What is the maximum number of hours a licensee can carry over
from continuing education to satisfy the next renewal?
A. 0 hours
B. 5 hours
C. 10 hours
D. 14 hours
Correct Answer: B
Rationale: Florida allows 5 hours of continuing education to carry over
to the next renewal period.
7. Which type of listing agreement allows the seller to list with
multiple brokers but only pay commission to the broker who sells the
property?
A. Exclusive right of sale
B. Exclusive agency
C. Open listing
D. Net listing
, Correct Answer: C
Rationale: An open listing allows multiple brokers to compete, and only
the selling broker earns a commission.
8. A property sells for $250,000. The broker’s commission is 6%. How
much does the broker earn?
A. $12,500
B. $15,000
C. $18,500
D. $20,000
Correct Answer: B
Rationale: $250,000 × 6% = $15,000.
9. Which of the following is NOT considered real property?
A. Land
B. Buildings
C. Leasehold improvements
D. Trade fixtures
Correct Answer: D
Rationale: Trade fixtures are personal property, not real property.
10. Which of the following is a characteristic of a tenancy in common?
A. Right of survivorship
B. Equal ownership shares required
C. Owners can sell their interest without consent
D. Must be married
Licensing Exam Practice Questions with
Detailed Rationales latest 2026 Latest
version Q&A |INSTANT DOWNLOAD
1. Which of the following is required to obtain a Florida real estate
salesperson license?
A. Be at least 18 years old
B. Hold a high school diploma or equivalent
C. Complete 63 hours of pre-licensing education
D. Have previous work experience in real estate
Correct Answer: A, B, C
Rationale: Florida law requires applicants to be 18+, have a high school
diploma or equivalent, and complete the 63-hour pre-licensing course.
Prior work experience is not required.
2. A broker deposits client funds into their personal account instead of
a trust account. This is:
A. Commingling
B. Conversion
C. Escrow
D. Fraud
,Correct Answer: A
Rationale: Commingling occurs when a broker mixes client funds with
personal funds, which is illegal in Florida.
3. The Florida Real Estate Commission (FREC) has the authority to:
A. Issue real estate licenses
B. Suspend or revoke licenses
C. Set real estate commission rates
D. Establish rules for licensees
Correct Answer: A, B, D
Rationale: FREC can issue, suspend, or revoke licenses and establish
rules, but it cannot set commission rates, which are negotiated
privately.
4. A real estate licensee must disclose to all parties:
A. Material facts affecting the property
B. Their commission rate
C. Their personal interest in the property
D. The property’s previous sale price
Correct Answer: A, C
Rationale: Licensees must disclose material facts and personal interest.
Commission and past sale price disclosures are not mandatory unless
material to the transaction.
5. A single agent in Florida owes which duties to their client?
,A. Loyalty
B. Confidentiality
C. Obedience
D. Self-dealing
Correct Answer: A, B, C
Rationale: A single agent must act in the client’s best interest, maintain
confidentiality, and follow lawful instructions. Self-dealing is prohibited.
6. What is the maximum number of hours a licensee can carry over
from continuing education to satisfy the next renewal?
A. 0 hours
B. 5 hours
C. 10 hours
D. 14 hours
Correct Answer: B
Rationale: Florida allows 5 hours of continuing education to carry over
to the next renewal period.
7. Which type of listing agreement allows the seller to list with
multiple brokers but only pay commission to the broker who sells the
property?
A. Exclusive right of sale
B. Exclusive agency
C. Open listing
D. Net listing
, Correct Answer: C
Rationale: An open listing allows multiple brokers to compete, and only
the selling broker earns a commission.
8. A property sells for $250,000. The broker’s commission is 6%. How
much does the broker earn?
A. $12,500
B. $15,000
C. $18,500
D. $20,000
Correct Answer: B
Rationale: $250,000 × 6% = $15,000.
9. Which of the following is NOT considered real property?
A. Land
B. Buildings
C. Leasehold improvements
D. Trade fixtures
Correct Answer: D
Rationale: Trade fixtures are personal property, not real property.
10. Which of the following is a characteristic of a tenancy in common?
A. Right of survivorship
B. Equal ownership shares required
C. Owners can sell their interest without consent
D. Must be married
