FL REAL ESTATE EXAM PRACTICE QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GRADED A+|VERIFIED

FL REAL ESTATE EXAM PRACTICE QUESTIONS
AND 100% CORRECT ANSWERS|LATEST
2025/2026|GRADED A+|VERIFIED

Which statement is true regarding the use of the term REALTOR?
B B B B B B B B B B




All real estate licensees are REALTORS
B B B B B




All REALTORS are members of the National Association of REALTORS (NAR)
B B B B B B B B B B




The terms real estate licensee and REALTOR may be used interchangeably
B B B B B B B B B B




B The Florida DBPR authorizes the use of the term REALTOR -
B B B B B B B B B B



B ANSWER All REALTORS are members of the National Association of REALTORS (NAR)
B B B B B B B B B B




The term follow up refers to...? -
B B B B B B



B ANSWER what a sales associate does for buyers and sellers after the sale
B B B B B B B B B B B




Even though certain exceptions apply, an active real estate licensee is legally entitled to apprai
B B B B B B B B B B B B B B



se real property for compensation concerning a nonfederally related transaction -
B B B B B B B B B B



ANSWER
B As long as she does not represent herself as a state- B B B B B B B B B B



certified or licensed appraiser and complies with USPAP
B B B B B B B




The field of property management has experienced growth and specialization primarily becau
B B B B B B B B B B B



se of...? - ANSWER
B B B the increase in the number of absentee owners
B B B B B B B




Real estate licensees must comply with the Uniform Standards of Professional Appraisal Practi
B B B B B B B B B B B B



ce (USPAP) when conducting which value estimates? - ANSWER
B B B B B B B B Appraisals



Appraisers are paid a fee because - B B B B B B



B ANSWER to accept compensation based on the appraised value is a conflict of interest
B B B B B B B B B B B B




The five major sales specialties do NOT include
B B B B B B B




agricultural

special use B




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Wicky

,commercial

businesses - ANSWER B B Special use B




The real estate activity that is devoted to leasing, managing, marketing, and overall maintena
B B B B B B B B B B B B B



nce of property for others is called - ANSWER
B B B B B B B B Property management B




Which kind of construction involves building to buyer's specifications? -
B B B B B B B B B



B ANSWER Custom homes B




The term dedication as it applies to development and construction refers to...? -
B B B B B B B B B B B B



B ANSWER A gift of land by the owner to the local government for public use
B B B B B B B B B B B B B




What type of license is required to sell or lease business opportunities for another person? -
B B B B B B B B B B B B B B B



B ANSWER Real estate license B B




Selecting a limited geographical area in which a real estate professional develops special exper
B B B B B B B B B B B B B



tise is - ANSWER
B B B Farming



Managing which type of property of more than 10 units requires a CAM license? -
B B B B B B B B B B B B B B



B ANSWER Condominium complex B




Effective advertising involving developing a database of prospects to direct a specific message
B B B B B B B B B B B B B



is called - ANSWER
B B B Target marketing B




A broker charges a prospective seller $50 for a comparative market analysis (CMA) . Which sta
B B B B B B B B B B B B B B B



tement applies? B




Brokers are not permitted to charge for CMAs
B B B B B B B




This is permissible, provided the broker does not represent the CMA as an appraisal
B B B B B B B B B B B B B B




The broker must be a state-certified appraiser to do this
B B B B B B B B B




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Wicky

, The CMA must be signed by a state-certified appraiser -
B B B B B B B B B



ANSWER
B This is permissible, provided the broker does not represent the CMA as an ap
B B B B B B B B B B B B B



praisal



A licensed sales associate may operate -
B B B B B B



B ANSWER For the broker registered as the sales associate's employer
B B B B B B B B




A sales associate applicant is NOT required to comply with which requirement?
B B B B B B B B B B B




Subject to an application fee B B B B




Be 18 years or older
B B B B




Be a bona fide Florida resident
B B B B B




Possess a Social Security number - ANSWER
B B B B B B Be a bona fide Florida resident
B B B B B




Which person does not meet the experience requirements to obtain a Florida broker's license
B B B B B B B B B B B B B



?



An applicant who has held an active CA broker's license for the preceding 3 years
B B B B B B B B B B B B B B




An applicant who has held an active Ohio sales associate license during 4 of the preceding 5 ye
B B B B B B B B B B B B B B B B B



ars while employed by an Ohio broker
B B B B B B




An applicant who has held an active FL sales associate license for the preceding 2 years while e
B B B B B B B B B B B B B B B B B



mployed by a FL broker B B B B




An applicant who has held an active FL sales associate license during 2 of the preceding 5 year
B B B B B B B B B B B B B B B B B



s while employed by an owner-developer -
B B B B B B



ANSWER
B An applicant who has held an active FL sales associate license during 2 of the
B B B B B B B B B B B B B B B



preceding 5 years while being employed by an owner-developer
B B B B B B B B




What information appears on the face of a real estate license?
B B B B B B B B B B




Governor's signature B




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