Florida Real Estate License Exam Questions &
Answers
1. The only active general partner in a real estate partnership did not account properly for
his escrowed funds. His license was suspended. All of the licens- es of the sales associates
in that partnership are
A. Suspended
B. Canceled
C. Placed in involuntary inactive status
D. Not affected
ANS C. Placed in involuntary inactive status
2. A sales associate is selling her own property "by owner." Which statement is TRUE
regarding real estate licensees selling property "by owner?"
a. The licensee must include the name of her broker in the ad.
b. The property must be listed with the sales associate's broker
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c. The licensee must disclose in the ad that she is a real estate licensee.
d. The licensee should disclose to a buyer prospect that she holds a real estate license at the
first point of meaningful negotiation.
ANS d. The licensee should disclose to a buyer prospect that she holds a real estate license at the
first point
of meaningful negotiation.
3. A member of the board of directors of real estate corporation A is also the owner and
broker of another real estate company. Which statement is TRUE?
a. He is in violation of Chapter 475, F.S
b. He may serve in a nonbrokerage capacity for real estate corporation A and be the active
broker for another real estate company.
c. All of these apply
d. He must request a multiple license
ANS b. He may serve in a nonbrokerage capacity for real estate corporation A and be the active
broker for another real estate company.
4. What type of evidence, unless refuted by evidence to the contrary, will prove a case?
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a. Case law
b. Notarized
c. Enforceable
d. Prima facie
ANS d. Prima facie
5. During its regular monthly meeting, the Commission modified several li- cense fees
and broker advertising requirements.These actions will be reflect- ed formally in changes
to
a. Rule 61J2.
b. Rule 22I
c. F.S. 475
d. F.S. 455.
ANS a. Rule 61J2.
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6. A nonresident who holds a Florida real estate license must
a. consent, once licensed, to having all documents notarized that become part of future real
estate transactions in which the nonresident licensee is involved.
b. become a Florida resident within the initial license period
c. complete all required post-licensing and continuing education require- ments.
d. accept permanent revocation of the license should any violation of the real estate
license law be upheld
ANS c. complete all required post-licensing and continuing education requirements.
7. A man owned two farms and a home when he died intestate. The court ap- pointed a
personal representative to dispose of any portions of the decedent's estate that might be
subject to estate taxes and debts of the deceased. The personal representative
a. may advertise, negotiate, and sell the property and be compensated for his work
without registering with the DBPR
b. must dispose of all real property through an active real estate broker.
c. must register with the DBPR if he expects to be paid for his work
d. must have the clerk of the circuit court auction any property sold
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