Florida real estate EXAM A+ GRADE ASSURED COMPLETE SOLUTIONS AND VERIFIED ANSWERS

REAL ESTATE LICENSING
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Exam Solution
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Florida Real Estate Exam 2026 A+ GRADE ASSURED COms ms ms ms ms ms ms ms




MPLETE SOLUTIONS AND VERIFIED ANSWERS (974FB) ms ms ms ms ms




QUESTION 1 ms




Broker Office Requirements ms ms




ANSWER

Sign must include the trade name, if used. The words "Licensed (or Lic.) Real Estate Broker" should
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be included under the broker's name as it appears on his license. Must have a office with with priva
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cy. Can be in a residential home if zoned for it.
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QUESTION 2 ms




Three federal laws are in place to protect consumers from unwanted solicitations
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ANSWER

Do Not Call Implementation Act of 2003 Junk Fax Prevention Act of 2005 CAN-SPAM Act of 2003
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QUESTION 3 ms




Advertising
ANSWER

Licensees must include their broker's firm name on all advertising materials, which includes things li
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ke business cards, stationery, flyers, brochures, and websites. When the licensee's name is included,
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the last name must be used as it's registered with the commission. Team names are permitted if all
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team members are supervised by the same broker, and the team name does not contain language to
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imply it's a separate brokerage or company.
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QUESTION 4 ms




Escrow Funds ms




ANSWER

, Must be deposited immediately. Sales associates and broker associates must deliver escrow funds no
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later than the END OF THE NEXT BUSINESS DAY day to their broker/employer, and brokers must
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deposit the funds in escrow by the THIRD business day following receipt, unless the parties agree ot
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herwise in writing. A business or banking day does not include a legal holidays or the weekend.
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QUESTION 5 ms




Sherman Act of 1890 ms ms ms




ANSWER

Federal statute which prohibits activities that restrict interstate commerce and competition in the m
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arketplace



QUESTION 6 ms




Federal Trade Commission Act (1914)
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ANSWER

Prevent unfair methods of competition. According to the FTC, fines can be as high as $100 million fo
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r a corporation or $1 million for an individual and may include prison terms of up to 10 years.
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QUESTION 7 ms




Clayton Antitrust Act (1914) ms ms ms




ANSWER

defines unethical business practices, such as price fixing and monopolies, and upholds various rights
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of labor.
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QUESTION 8 ms




Market Allocation ms




ANSWER

Antitrust violation that occurs when competitors illegally segment the market to discourage competit
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ion and control market segments.
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QUESTION 9 ms




Lein Types ms




ANSWER

Voluntary lien: An individual agrees to have a security placed against himself or his property. Involu
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ntary lien: A creditor places a claim on real or personal property through legal means without the o
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