09-FL-E FL Real Estate Laws & Rules Practice Exam | 100 Q&A
Subject/Course: Real Estate, Licensing Exams, Business, Law
Tags: Florida Real Estate, Florida RE License, Florida Statutes 475, FREC, Broker,
Sales Associate, Florida Administrative Code, Law and Rules
1. The regulatory body responsible for enforcing Florida real estate license law is
the:
A) Florida Association of Realtors® (FAR)
B) Florida Real Estate Commission (FREC)
C) Department of Business and Professional Regulation (DBPR)
D) Both B and C
Correct Answer: D) Both B and C
Explanation: FREC is the commission that sets rules and policies under Florida
Statutes Chapter 475. The DBPR is the state agency that carries out the
administrative functions, including licensing and discipline.
2. A "Sales Associate" in Florida must be affiliated with:
A) Any licensed broker in any state
B) An active Florida licensed real estate broker
C) The DBPR directly
D) No one; they can operate independently
Correct Answer: B) An active Florida licensed real estate broker
Explanation: Per FS 475.01, a sales associate performs real estate services only
under the direction and supervision of a registered Florida broker. They cannot
act independently.
,3. The minimum age to obtain a real estate license in Florida is:
A) 18
B) 19
C) 21
D) There is no minimum age
Correct Answer: A) 18
Explanation: Florida Statute 475.175 requires an applicant to be at least 18 years
of age.
4. A real estate brokerage "trust account" must be used to hold:
A) The broker's personal funds
B) The broker's commission income
C) Deposits, earnest money, rent, or other funds belonging to others
(clients/customers)
D) Funds for office expenses
Correct Answer: C) Deposits, earnest money, rent, or other funds belonging to
others (clients/customers)
Explanation: This is a key requirement under Florida law (FAC 61J2-14.008). All
escrow funds received in a real estate transaction must be deposited into a
properly designated trust (escrow) account.
5. How long must a broker maintain trust account records?
A) 1 year
B) 3 years
C) 5 years
,D) 7 years
Correct Answer: C) 5 years
Explanation: Florida Administrative Code (FAC) 61J2-14.008 requires trust account
records, including ledgers, journals, and bank statements, to be preserved for at
least 5 years.
6. A broker's designated "real estate broker-owner relationship" with a sales
associate is established through a:
A) Verbal agreement
B) Written agreement (an Employment or Independent Contractor Agreement)
filed with the DBPR
C) Handshake
D) Corporate resolution only
Correct Answer: B) Written agreement (an Employment or Independent
Contractor Agreement) filed with the DBPR
Explanation: FAC 61J2-14.009 requires a written agreement between broker and
sales associate, specifying terms, and it must be available for inspection. A copy
must be given to the sales associate and retained by the broker.
7. Which of the following acts would constitute "misrepresentation" under Florida
law?
A) Failing to disclose a material fact that should have been disclosed
B) Making a false statement of a material fact
C) Both A and B
D) Only making a written false statement
Correct Answer: C) Both A and B
, Explanation: Misrepresentation includes both affirmative false statements and
the concealment or omission of material facts when there is a duty to disclose (FS
475.25).
8. The "Florida Residential Landlord and Tenant Act" is contained in:
A) Chapter 475, F.S.
B) Chapter 83, F.S.
C) Chapter 720, F.S. (HOA Act)
D) DBPR rules
Correct Answer: B) Chapter 83, F.S.
Explanation: This law governs the rights and responsibilities of landlords and
tenants for residential properties. Real estate licensees must be familiar with it
when managing property or handling rentals.
9. A licensee who holds an "active" license status must complete:
A) No continuing education
B) 14 hours of FREC-approved continuing education every 2 years
C) 45 hours of post-licensing education before the first renewal
D) 60 hours of pre-licensing every renewal
Correct Answer: B) 14 hours of FREC-approved continuing education every 2 years
Explanation: To renew an active license, a licensee must complete 14 hours of CE,
including a 3-hour core law course and 11 hours of specialty credit, during each 2-
year license period.
10. A sales associate's license becomes "inactive" automatically if:
A) They fail to pay their renewal fee
Subject/Course: Real Estate, Licensing Exams, Business, Law
Tags: Florida Real Estate, Florida RE License, Florida Statutes 475, FREC, Broker,
Sales Associate, Florida Administrative Code, Law and Rules
1. The regulatory body responsible for enforcing Florida real estate license law is
the:
A) Florida Association of Realtors® (FAR)
B) Florida Real Estate Commission (FREC)
C) Department of Business and Professional Regulation (DBPR)
D) Both B and C
Correct Answer: D) Both B and C
Explanation: FREC is the commission that sets rules and policies under Florida
Statutes Chapter 475. The DBPR is the state agency that carries out the
administrative functions, including licensing and discipline.
2. A "Sales Associate" in Florida must be affiliated with:
A) Any licensed broker in any state
B) An active Florida licensed real estate broker
C) The DBPR directly
D) No one; they can operate independently
Correct Answer: B) An active Florida licensed real estate broker
Explanation: Per FS 475.01, a sales associate performs real estate services only
under the direction and supervision of a registered Florida broker. They cannot
act independently.
,3. The minimum age to obtain a real estate license in Florida is:
A) 18
B) 19
C) 21
D) There is no minimum age
Correct Answer: A) 18
Explanation: Florida Statute 475.175 requires an applicant to be at least 18 years
of age.
4. A real estate brokerage "trust account" must be used to hold:
A) The broker's personal funds
B) The broker's commission income
C) Deposits, earnest money, rent, or other funds belonging to others
(clients/customers)
D) Funds for office expenses
Correct Answer: C) Deposits, earnest money, rent, or other funds belonging to
others (clients/customers)
Explanation: This is a key requirement under Florida law (FAC 61J2-14.008). All
escrow funds received in a real estate transaction must be deposited into a
properly designated trust (escrow) account.
5. How long must a broker maintain trust account records?
A) 1 year
B) 3 years
C) 5 years
,D) 7 years
Correct Answer: C) 5 years
Explanation: Florida Administrative Code (FAC) 61J2-14.008 requires trust account
records, including ledgers, journals, and bank statements, to be preserved for at
least 5 years.
6. A broker's designated "real estate broker-owner relationship" with a sales
associate is established through a:
A) Verbal agreement
B) Written agreement (an Employment or Independent Contractor Agreement)
filed with the DBPR
C) Handshake
D) Corporate resolution only
Correct Answer: B) Written agreement (an Employment or Independent
Contractor Agreement) filed with the DBPR
Explanation: FAC 61J2-14.009 requires a written agreement between broker and
sales associate, specifying terms, and it must be available for inspection. A copy
must be given to the sales associate and retained by the broker.
7. Which of the following acts would constitute "misrepresentation" under Florida
law?
A) Failing to disclose a material fact that should have been disclosed
B) Making a false statement of a material fact
C) Both A and B
D) Only making a written false statement
Correct Answer: C) Both A and B
, Explanation: Misrepresentation includes both affirmative false statements and
the concealment or omission of material facts when there is a duty to disclose (FS
475.25).
8. The "Florida Residential Landlord and Tenant Act" is contained in:
A) Chapter 475, F.S.
B) Chapter 83, F.S.
C) Chapter 720, F.S. (HOA Act)
D) DBPR rules
Correct Answer: B) Chapter 83, F.S.
Explanation: This law governs the rights and responsibilities of landlords and
tenants for residential properties. Real estate licensees must be familiar with it
when managing property or handling rentals.
9. A licensee who holds an "active" license status must complete:
A) No continuing education
B) 14 hours of FREC-approved continuing education every 2 years
C) 45 hours of post-licensing education before the first renewal
D) 60 hours of pre-licensing every renewal
Correct Answer: B) 14 hours of FREC-approved continuing education every 2 years
Explanation: To renew an active license, a licensee must complete 14 hours of CE,
including a 3-hour core law course and 11 hours of specialty credit, during each 2-
year license period.
10. A sales associate's license becomes "inactive" automatically if:
A) They fail to pay their renewal fee
