FLORIDA REAL ESTATE EXAM QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GUARANTEED A+

FLORIDA REAL ESTATE EXAM QUESTIONS AND
100% CORRECT ANSWERS|LATEST


Owners that buy income properties as investments and depend on professionals to manage th
B B B B B B B B B B B B B



em - ANSWER-
B B Absentee Owners B




a Value estimated based on resent sales of similar properties in the same neighborhood, not a
B B B B B B B B B B B B B B B



n appraisal - ANSWER-
B B B CMA -Comparative Market Analysis...
B B B




A contractor is employed by an owner of land to build on that land to the owner's specification
B B B B B B B B B B B B B B B B B



s - ANSWER-
B B Custom Building B




When a contractor builds on his own land with the hope of locating a purchaser after construc
B B B B B B B B B B B B B B B B



tion has been completed - ANSWER-
B B B B B Speculative building B




A developer that acquires a large that aquires a large tract of land and builds a model center fr
B B B B B B B B B B B B B B B B B B



om which sales may be made - ANSWER-
B B B B B B B tract building B




Property management has grown as a service of real estate primarily bc of an increase of ____
B B B B B B B B B B B B B B B B



___ _________ - ANSWER-
B B B Absentee Ownership B




The category of construction that applies when a property owner employs a contractor to buil
B B B B B B B B B B B B B B



d on his or her lot is called________ ___________ - ANSWER-
B B B B B B B B B B Custom Building B




A Real Estate appraiser's fee for professional service is based on:
B B B B B B B B B B




a. a percentage of the property's gross income
B B B B B B B




b. a percentage of the fair market value
B B B B B B B




c. the time and difficulty of the appraisal
B B B B B B B




d. a percentage of property's sales - ANSWER-
B B B B B B B C. the time and difficulty of the appraisal
B B B B B B B




1
Wicky

,A developer contracts to build a home on a buyer's lot to the buyer's specifications. This is an
B B B B B B B B B B B B B B B B B B



example of which type of building: B B B B B




a. tract
B




b. custom
B




c. speculative
B




d. subdivision - ANSWER-
B B B b. custom
B




A Florida Real Estate lisence is required when anyone performs a service is specified under
B B B B B B B B B B B B B B B




F.S. 475 when all the following conditions are simultaneously present, unless that individual is
B B B B B B B B B B B B B B



otherwise exempt under the law: - ANSWER-B B B B B B 1. Preforming a service of real estate
B B B B B B




2. In the state of Florida
B B B B B




3. For another
B B




4. For compensation
B B




_________ has been defined to include anything or any service of Value paid, recieved or expe
B B B B B B B B B B B B B B B



cted to be paid or recieved. - ANSWER-
B B B B B B B Compensation



The postlicense educational course for sales associate consists of ________ hours - ANSWER-
B B B B B B B B B B B B



45



The continuing education requirement consists of ______ hours - ANSWER-
B B B B B B B B B 14



Florida Real estate sales associates that desire to become brokers must wait _______ _______
B B B B B B B B B B B B B



_ before taking the state exam. - ANSWER-
B B B B B B B one year B




A tenant in an apartment complex may recieve up to ______ for refferal of a new tenant for th
B B B B B B B B B B B B B B B B B B



e same complex. - ANSWER-
B B B B $50




2
Wicky

, ________ ________ education must be completed during the initial sales associates's license
B B B B B B B B B B B B



period. - ANSWER- B B Post Licensing B




Owner-employers of licensed real estate sales associates are allowed to pay them:
B B B B B B B B B B B




a. on a salary basis only
B B B B B




b. on a commision basis only
B B B B B




c. a commission , but not a bonus
B B B B B B B




d. a commission or salary - ANSWER-
B B B B B B d. a commission or salary
B B B B




To qualify for a real estate broker's license, an applicant must have been employed for a minim
B B B B B B B B B B B B B B B B



um of: B




a. 6 months under one actively licensed broker
B B B B B B B




b. 12 months under one actively licensed broker
B B B B B B B




c. 12 months under 1 or more actively licensed brokers
B B B B B B B B B




d. 6 months under 1 or more actively lisenced broker - ANSWER-
B B B B B B B B B B B



c. 12 months under 1 or more actively licensed brokers
B B B B B B B B B




How many hours of postlicense education are required to renew a brokers license? - ANSWER-
B B B B B B B B B B B B B B



60 hours B




How long can an voluntary inactive licencee remain in that lisence status? - ANSWER-
B B B B B B B B B B B B B



indefinately



The agreement the state of Florida has w/ some other states that recognises the similarity in e
B B B B B B B B B B B B B B B B



ducation and experience required of licencees is called:
B B B B B B B




a.reciprocity

b. mutual recognition
B B




c. cooperative licensure
B B




3
Wicky