27/12/2024, 13:48 Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2025/2026 Flashcards | Quizlet
Florida Real Estate Exam TEST Questions WITH
100% Correct Answers LATEST UPDATE
2025/2026
Practice questions for this set
Learn
Studied 7 terms
Nice work. You’re doing brilliantly.
Continue studying in Learn
Terms in this set (271)
Samuel wants to do a 1031 a. 180
exchange. He sold his b. 30
investment property and c.45
has identified the property d.60
he'd like to buy next.
Within how many days a. He has 45 days to identify a property he would like
must he close on this to purchase and 180 days to close on it, from time of
property in order for it to sale.
qualify as part of the
exchange?
https://quizlet.com/988437573/florida-real-estate-exam-test-questions-with-100-correct-answers-latest-update-20252026-flash-cards/?new 1/35
,27/12/2024, 13:48 Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2025/2026 Flashcards | Quizlet
a. Joint tenancy
b. Tenancy by the entirety
c. Tenancy in common
In which form of co- d. Tenancy in severalty
ownership is a person's
ownership inheritable? c. Tenancy in common allows for a persons share to
be inheritable, it does not automatically pass forth to
the rest of the owners like in joint tenancy (this is
called the right of survivorship).
a. 10 days
b. 15 days
How long do prospective
c. 30 days
tenants have to request a
d. 360 days
refund after purchasing a
rental list?
C. 30 days.... tenants have up to 30 days to request a
75% refund if they do not purchase a rental
a. Caveat emptor
b. Judicial
c. Lis pendens
d. Non-judicial
b. The state of florida offers a judicial foreclosure
Which method best
process
describes the foreclosure
process in Florida?
A judicial foreclosure is known as a lien theory
process. Basically, the homeowner has legal title to
the property...
Unlike title theory, where as the owner has equitable
title
https://quizlet.com/988437573/florida-real-estate-exam-test-questions-with-100-correct-answers-latest-update-20252026-flash-cards/?new 2/35
,27/12/2024, 13:48 Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2025/2026 Flashcards | Quizlet
a. It can be included in the sales contract itself.
b. It cautions buyers not to rely on the current year's
tax to predict what they'll have to pay.
Which of the following c. It gives buyers a rough estimate of the property tax
statements about the they'll pay in the coming year.
Florida property tax d. It must be provided to sellers when they sign their
disclosure is NOT true? agency agreement.
c. This disclosure doesn't provide any estimates of
future property tax amounts.
a. Fair Housing Act
b. Federal Duplicate Law Condensation Act
Which act simplifies,
c. Federal Trade Commission Act
clarifies, and modernizes
d. Florida Deceptive and Unfair Trade Practices Act
consumer protection laws
and makes them more
d. The Florida Deceptive and Unfair Trade Practices
consistent with federal
Act is the act that simplifies, clarifies, and modernizes
trade laws?
consumer protection laws and makes them more
consistent with federal trade laws.
a. In writing and signed by the optionee
b. In writing and signed by the optionor
c. In writing and witnessed by an attorney
To comply with the statute
d. On file at the local courthouse
of frauds, an option
contract must be ______.
b. To comply with the statute of frauds, an option
contract must be in writing and signed by the
optionor (seller).
a. limited partnership
b. LLC
c. not-for-profit corporation
d. sole proprietorship
A cooperative is a(n) _____.
c. A cooperative is a joint venture with its
shareholders, formed for their benefit and governed
by them. It's a not-for-profit corporation.
https://quizlet.com/988437573/florida-real-estate-exam-test-questions-with-100-correct-answers-latest-update-20252026-flash-cards/?new 3/35
, 27/12/2024, 13:48 Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2025/2026 Flashcards | Quizlet
a. Higher
b. Much less
Compared with
c. Slightly less
condominiums, the
d. The same
monthly fees for a
cooperative owner are
a. Monthly fees for cooperatives are generally higher
typically ______.
because they include taxes, mortgage payments, and
fees for maintaining common areas and facilities.
a. Buyer
b. Seller
c. The buyer's broker
For all intents and
d. The listing broker
purposes, subagents are
agents of the _______.
b. Although a subagent may bring an unrepresented
buyer to the transaction, the subagent is an agent of
the seller.
a. Not until the licensee has at least five years of
experience in agricultural real estate
b. Not until the licensee passes additional courses in
agricultural real estate
c. Yes, a new licensee can specialize in agricultural
Can a new licensee
real estate
specialize in the sale of
d. Yes, as long as the new licensee has a degree in
farm and ranch property?
agriculture
c. Specialization doesn't require additional
coursework or credentials. The licensee must be
competent in any specialization, however.
https://quizlet.com/988437573/florida-real-estate-exam-test-questions-with-100-correct-answers-latest-update-20252026-flash-cards/?new 4/35
Florida Real Estate Exam TEST Questions WITH
100% Correct Answers LATEST UPDATE
2025/2026
Practice questions for this set
Learn
Studied 7 terms
Nice work. You’re doing brilliantly.
Continue studying in Learn
Terms in this set (271)
Samuel wants to do a 1031 a. 180
exchange. He sold his b. 30
investment property and c.45
has identified the property d.60
he'd like to buy next.
Within how many days a. He has 45 days to identify a property he would like
must he close on this to purchase and 180 days to close on it, from time of
property in order for it to sale.
qualify as part of the
exchange?
https://quizlet.com/988437573/florida-real-estate-exam-test-questions-with-100-correct-answers-latest-update-20252026-flash-cards/?new 1/35
,27/12/2024, 13:48 Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2025/2026 Flashcards | Quizlet
a. Joint tenancy
b. Tenancy by the entirety
c. Tenancy in common
In which form of co- d. Tenancy in severalty
ownership is a person's
ownership inheritable? c. Tenancy in common allows for a persons share to
be inheritable, it does not automatically pass forth to
the rest of the owners like in joint tenancy (this is
called the right of survivorship).
a. 10 days
b. 15 days
How long do prospective
c. 30 days
tenants have to request a
d. 360 days
refund after purchasing a
rental list?
C. 30 days.... tenants have up to 30 days to request a
75% refund if they do not purchase a rental
a. Caveat emptor
b. Judicial
c. Lis pendens
d. Non-judicial
b. The state of florida offers a judicial foreclosure
Which method best
process
describes the foreclosure
process in Florida?
A judicial foreclosure is known as a lien theory
process. Basically, the homeowner has legal title to
the property...
Unlike title theory, where as the owner has equitable
title
https://quizlet.com/988437573/florida-real-estate-exam-test-questions-with-100-correct-answers-latest-update-20252026-flash-cards/?new 2/35
,27/12/2024, 13:48 Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2025/2026 Flashcards | Quizlet
a. It can be included in the sales contract itself.
b. It cautions buyers not to rely on the current year's
tax to predict what they'll have to pay.
Which of the following c. It gives buyers a rough estimate of the property tax
statements about the they'll pay in the coming year.
Florida property tax d. It must be provided to sellers when they sign their
disclosure is NOT true? agency agreement.
c. This disclosure doesn't provide any estimates of
future property tax amounts.
a. Fair Housing Act
b. Federal Duplicate Law Condensation Act
Which act simplifies,
c. Federal Trade Commission Act
clarifies, and modernizes
d. Florida Deceptive and Unfair Trade Practices Act
consumer protection laws
and makes them more
d. The Florida Deceptive and Unfair Trade Practices
consistent with federal
Act is the act that simplifies, clarifies, and modernizes
trade laws?
consumer protection laws and makes them more
consistent with federal trade laws.
a. In writing and signed by the optionee
b. In writing and signed by the optionor
c. In writing and witnessed by an attorney
To comply with the statute
d. On file at the local courthouse
of frauds, an option
contract must be ______.
b. To comply with the statute of frauds, an option
contract must be in writing and signed by the
optionor (seller).
a. limited partnership
b. LLC
c. not-for-profit corporation
d. sole proprietorship
A cooperative is a(n) _____.
c. A cooperative is a joint venture with its
shareholders, formed for their benefit and governed
by them. It's a not-for-profit corporation.
https://quizlet.com/988437573/florida-real-estate-exam-test-questions-with-100-correct-answers-latest-update-20252026-flash-cards/?new 3/35
, 27/12/2024, 13:48 Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2025/2026 Flashcards | Quizlet
a. Higher
b. Much less
Compared with
c. Slightly less
condominiums, the
d. The same
monthly fees for a
cooperative owner are
a. Monthly fees for cooperatives are generally higher
typically ______.
because they include taxes, mortgage payments, and
fees for maintaining common areas and facilities.
a. Buyer
b. Seller
c. The buyer's broker
For all intents and
d. The listing broker
purposes, subagents are
agents of the _______.
b. Although a subagent may bring an unrepresented
buyer to the transaction, the subagent is an agent of
the seller.
a. Not until the licensee has at least five years of
experience in agricultural real estate
b. Not until the licensee passes additional courses in
agricultural real estate
c. Yes, a new licensee can specialize in agricultural
Can a new licensee
real estate
specialize in the sale of
d. Yes, as long as the new licensee has a degree in
farm and ranch property?
agriculture
c. Specialization doesn't require additional
coursework or credentials. The licensee must be
competent in any specialization, however.
https://quizlet.com/988437573/florida-real-estate-exam-test-questions-with-100-correct-answers-latest-update-20252026-flash-cards/?new 4/35
