FREC Practice Exam Questions with Correct
Answers 2025/2026 Rated A+
1. Who owns fiduciary duties in a single agency relation- the broker only
ship?
2. All of the following activities are exempt from the re- showing property to a par-
quirements to provide disclosures under the broker- ty that is not being repre-
age relationship disclosure act, except: sented.
3. *** As an agent, a broker is employed by and acts on a principal
behalf of whom?
4. In which of the following situations does a general When a sales associate is
agency relationship exist? employed by a buyer
5. ***Broker Joan just received an oral offer to purchase Joan must present the of-
a listed property. No earnest money accompanied the fer
oral offer. Which of the following statements is correct?
6. Which of the following statements best describes a A transaction broker may
trasaction broker? provide limited represen-
tation to both parties.
7. An agent failed to advise a principal regarding the val- disclosure
ue of the owner's property prior to accepting a listing.
Which fiduciary duty did the agent breach?
8. Broker Tom sold a property which was listed with bro- Failure to account
ker Alice. Tom was unable to attend the closing, so
Alice collected the entire commission. Alice refused to
pay Tom his share of the commission. What could Alice
be charged with?
9. **** Mary, an ohio broker, accompanied a customer Stan may share the com-
to Florida and met with broker Stan in his office in mission with Mary
1/3
Answers 2025/2026 Rated A+
1. Who owns fiduciary duties in a single agency relation- the broker only
ship?
2. All of the following activities are exempt from the re- showing property to a par-
quirements to provide disclosures under the broker- ty that is not being repre-
age relationship disclosure act, except: sented.
3. *** As an agent, a broker is employed by and acts on a principal
behalf of whom?
4. In which of the following situations does a general When a sales associate is
agency relationship exist? employed by a buyer
5. ***Broker Joan just received an oral offer to purchase Joan must present the of-
a listed property. No earnest money accompanied the fer
oral offer. Which of the following statements is correct?
6. Which of the following statements best describes a A transaction broker may
trasaction broker? provide limited represen-
tation to both parties.
7. An agent failed to advise a principal regarding the val- disclosure
ue of the owner's property prior to accepting a listing.
Which fiduciary duty did the agent breach?
8. Broker Tom sold a property which was listed with bro- Failure to account
ker Alice. Tom was unable to attend the closing, so
Alice collected the entire commission. Alice refused to
pay Tom his share of the commission. What could Alice
be charged with?
9. **** Mary, an ohio broker, accompanied a customer Stan may share the com-
to Florida and met with broker Stan in his office in mission with Mary
1/3
