Questions with Complete Solutions
(Latest 2025)
The best protection that the public has during a Real Estate
transaction is (are)
A. The national and state association of REALTORS
B. The punishment of licensees dealing dishonesty
C. the high ethical standards of real estate agents
D. FREC and the license law - Correct Answers ✅D. FREC
and the license law
A group license
A. allows a broker to have a branch office
B. allows a sales associate to work for more than one broker
C. may be held by a sale associate or broker associate
D.allows a broker to qualify more than one broker firm -
Correct Answers ✅C. may be held by a sale associate or
broker
The following are exempt from F.S. 475 EXCEPT
A. Trustees for an estate
B. Personal representatives for an estate
C. Mortgage brokers engaged in financing activities.
, Florida Real Estate STATE exam
Questions with Complete Solutions
(Latest 2025)
D. Business Brokers - Correct Answers ✅D. Business
Brokers
General Partners in a brokerage partnership that are not
qualified to perform the services of real estate must be
registered as for what? - Correct Answers ✅For
Identification Purposes
Which brokerage disclosure notice must be signed or initialed
by the buyer or seller before implementation? - Correct
Answers ✅Transition to Transaction
When a seller is about to enter a fiduciary relationship with a
brokerage firm what must be given? - Correct Answers
✅Single Agency Notice
A broker owes which duty to a customer? What should he
disclose? - Correct Answers ✅Known Facts affecting the
value of the residential property
Sale associate works for a broker and receives an escrow
deposit when should he deliver it? - Correct Answers ✅To
his broker immediately (next business day)