Questions and Answers Study Guide
Introduction
This study guide contains Florida Real Estate State Exam
questions and answers covering licensing law, brokerage
relationships, escrow procedures, fair housing, property
ownership, deeds, mortgages, contracts, appraisal, and
Florida-specific real estate regulations. The material is
presented in a question-and-answer format to help students
review key exam concepts, legal requirements, and commonly
tested scenarios. It serves as a comprehensive review
resource for candidates preparing for the Florida real estate
licensing examination.
Exam Questions and Answers
What is called when any real estate advertisement doesn't
contain the registered or trade name of a broker. --- correct
precise answer ---Blind ads
In rental information how many days does a tenant have to
demand a return fee paid for rental info? --- correct precise
answer ---30 days
In rental information when a tenant is with in their timeframe
what would get them 100% paid back and what would get
them 75% back? --- correct precise answer ---100% if broker
, misrepresented what was offered and 75% if tenant did not
like or accept the offer.
What is called when created by filing a declaration of trust
with the secretary of state? --- correct precise answer ---
common law trust or Massachusetts trust
What is it called when two people share one office space and
seem like them be in a partnership but are not a true
partnership? --- correct precise answer ---ostensible / quasi
partnership
What occurs if an individual is deemed by DRE (division of
Real Estate) because lack of character, competence to deal
with the public safely or was found guilty of. --- correct
precise answer ---Denial of License
If the probable cause panel determines that the probable
cause exists, an administrative complain formed and is also
know as what? --- correct precise answer ---formal complaint
All information related to a investigation of the probably
cause panel are confidential until when? --- correct precise
answer ---10 days following a finding of probable cause
How much is the yearly fee for brokers and sales associates
that are maintained by FL Real Estate Recovery Fund? ---