Florida Real Estate License Exam Prep
Study Guide.
Chapter 20 - Answer✔Establishes the structure of the executive branch of Florida government
Chapter 475, Part 1 - Answer✔Real Estate Brokerage (FREC)
Chapter 475, Part II - Answer✔Real Estate Appraisal (FREAB)
Chapter 475, Part III - Answer✔Commercial Real Estate Sales Commission Lien Act
Chapter 475, Part IV - Answer✔Commercial Real Estate Leasing Commission Lien Act
Chapter 455 - Answer✔Defines practices and procedures of the Department of Business and
Professional Regulation (DBPR) and all licensees
Chapter 120 - Answer✔Administrative Procedures Act defines the process by which regulatory
agencies decide and implement agency action
Chapter 61J2, Florida Administrative Code - Answer✔Rules of the Florida Real Estate
Commission
What are the two applicant agendas? Which is a nonappearance agenda and which is an
appearance agenda? - Answer✔Consent agenda (nonappearance) and Summary of Applicant
(SOA, applicant appearance agenda)
What is the time period allowed for the DBPR to check an application for errors and omissions?
- Answer✔30 days
Theft of a license exam or unauthorized copying of an exam is what type of crime? -
Answer✔Third degree felony
What is a Mutual Recognition Agreement? - Answer✔A written agreement between the FREC
and another state or jurisdiction with mutual education and experience
Who do Mutual Recognition Agreements apply to? - Answer✔Nonresidents licensed in other
jurisdictions that have a written agreement with the FREC
What education and exam requirements must be completed for applicants under a mutual
recognition agreement? - Answer✔Applicants must pass a 40 question, Florida specific real
estate law exam with a grade of 75% or higher and complete the post-licensing requirement
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What are the sales associate qualifications for license? - Answer✔Must be 18 years of age or
older;
Earned a high school diploma or equivalent;
Possess and U.S. social security number;
Be honest, truthful, trustworthy of good character, reputation for fair dealing;
Be competent and qualified to make real estate transactions
Who is exempt from the pre-license course requirement? - Answer✔Individuals with a four year
degree or higher in real estate from an accredited institution of higher education (but they must
pass the license exam) and attorneys who are active members of The Florida Bar (but they must
pass the license exam)
What is a passing score on the license exam? - Answer✔A grade of 75 or higher
What is the post-license education requirement for sales associates? - Answer✔Completion of
the 45 hour post-license course before the expiration of the initial license
What happens if the licensee fails to complete the post-license requirement prior to the expiration
date? - Answer✔The license becomes null and void
What must sales associates who do not complete the post-licensing requirement do? -
Answer✔Requalify for licensure by completing Course I again and passing the state license
exam
Do Florida-licensed attorneys who are also licensed real estate sales associate need to complete
the post-licensing education requirement? - Answer✔Yes
Who is exempt from the post-license education requirement? - Answer✔Individuals with a four-
year degree or higher in real estate from an accredited institution of higher education
Hardship cases approved by the FREC allow licensees an additional ________ month period
following the initial license expiration to complete the post-license education - Answer✔Six
What continuing education courses are required as part of the 14 hour continuing education
requirement? - Answer✔Business Ethics (3 hours) and Core Law (3 hours)
Attorneys who are active members of the Florida Bar are exempt from... - Answer✔Course 1
(sales associate) and Continuing Education
What are the Broker candiate requirements? - Answer✔Complete Course II with a passing score
of 70 on the end of course exam, active real estate license for at least 24 months during the five
year period preceding broker application
What broker applicants are exempt from Course II? - Answer✔Broker applicants with a four
year degree or higher in real estate from an accredited institution of higher education
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