FL Real Estate Exam
Practice Questions
And Answers
2025/2026
A broker charges a prospective seller $50 for a comparative market analysis (CMA) . Which
statement applies?
Brokers are not permitted to charge for CMAs
This is permissible, provided the broker does not represent the CMA as an appraisal
The broker must be a state-certified appraiser to do this
The CMA must be signed by a state-certified appraiser - correct answersThis is permissible,
provided the broker does not represent the CMA as an appraisal
A broker decides to relocate her real estate brokerage office. She notifies the DBPR of the
change in business address. She also informs the DBPR of the names of two sales associates
who are no longer associated with her brokerage. The sales associates' licenses will be..... -
correct answersplaced on involuntary inactive status
,A broker has listed a seller's property. The seller has disclsoed to the broker that the ceramic tile
is loose in the dining room because the cement did not adhere to the tile. The loose tile is not
readily visible because it is covered with an area rug to protect the seller's toddler. The broker
has satisfied his legal obligation if he tells the buyer... - correct answersthat the ceramic tiles in
the dining room are loose
A broker is preparing to open Sunnyside Realty as a sole proprietorship and is placing an order
to have an entrance sign made. Which wording does NOT need to be included on the sign? -
correct answersthe address
A broker moves his real estate office to a new trendy location. He is so busy coordinating the
move that he forgets to notify the DBPR. The broker's license - correct answerswill cease to be
in force
A broker receives conflicting demands concerning a roof inspection report. Both the buyer and
the seller claim the earnest money deposit. The broker must... - correct answersinstitute one of
the statutory settlement procedures within 30 business days from the time the broker received
conflicting demands
A broker's obligations to consumers with whom the brokerage firm has no brokerage
relationship include the duty of
full disclosure
accounting for all funds
loyalty
limited confidentiality - correct answersaccounting for all funds
A buyer gives the broker a $47,500 earnest money deposit. The broker defrauds the buyer of
the $47,500. The buyer sues the broker and is awarded a judgment in the amount of $62,500
for the original $47,500 deposit plus $15,000 for punitive damages. Because the buyer was
unable to collect the judgment from the broker. the buyer requests relief from the Florida Real
, Estate Recovery Fund. How much can the buyer receive from the recovery fund? - correct
answers$47,500
A condominium unit buyer has how long to cancel the purchase contract after signing an
agreement with a developer? - correct answers15 days
A constitutional homestead is owned by a man who is head of a family consisting of himself, his
wife, and three children. The man dies unexpectedly. After his death... - correct answersby
operation of law, the widow owns a life estate in the homestead, and the children are vested
remaindermen
A developer purchased a tract of land and subdivided the property into individual lots. The
developer hired his son, who was not licensed to sell the lots. The father agreed to pay his son a
salary of $200 per week. After two weeks, the son had only sold two lots, so the father decided
to add an incentive. The father promised his son that after every 5th lot was sold he would give
his son a lot free and clear. After one more week, the son had only sold one more lot. The son
quit his job to go work for another developer who paid a higher weekly salary. Which statement
applies to this arrangement?
The is no violation of F.S. 475
The son alone has violated F.S. 475
Only the father has violated F.S. 475
Both the father and son have violated F.S. 475 - correct answersBoth the father and son have
violated F.S. 475
A dispute arises between the buyer and the seller as to which one is entitled to escrowed
property. The broker should first - correct answersnotify the FREC in writing, unless exempted
from the notice requirements
Practice Questions
And Answers
2025/2026
A broker charges a prospective seller $50 for a comparative market analysis (CMA) . Which
statement applies?
Brokers are not permitted to charge for CMAs
This is permissible, provided the broker does not represent the CMA as an appraisal
The broker must be a state-certified appraiser to do this
The CMA must be signed by a state-certified appraiser - correct answersThis is permissible,
provided the broker does not represent the CMA as an appraisal
A broker decides to relocate her real estate brokerage office. She notifies the DBPR of the
change in business address. She also informs the DBPR of the names of two sales associates
who are no longer associated with her brokerage. The sales associates' licenses will be..... -
correct answersplaced on involuntary inactive status
,A broker has listed a seller's property. The seller has disclsoed to the broker that the ceramic tile
is loose in the dining room because the cement did not adhere to the tile. The loose tile is not
readily visible because it is covered with an area rug to protect the seller's toddler. The broker
has satisfied his legal obligation if he tells the buyer... - correct answersthat the ceramic tiles in
the dining room are loose
A broker is preparing to open Sunnyside Realty as a sole proprietorship and is placing an order
to have an entrance sign made. Which wording does NOT need to be included on the sign? -
correct answersthe address
A broker moves his real estate office to a new trendy location. He is so busy coordinating the
move that he forgets to notify the DBPR. The broker's license - correct answerswill cease to be
in force
A broker receives conflicting demands concerning a roof inspection report. Both the buyer and
the seller claim the earnest money deposit. The broker must... - correct answersinstitute one of
the statutory settlement procedures within 30 business days from the time the broker received
conflicting demands
A broker's obligations to consumers with whom the brokerage firm has no brokerage
relationship include the duty of
full disclosure
accounting for all funds
loyalty
limited confidentiality - correct answersaccounting for all funds
A buyer gives the broker a $47,500 earnest money deposit. The broker defrauds the buyer of
the $47,500. The buyer sues the broker and is awarded a judgment in the amount of $62,500
for the original $47,500 deposit plus $15,000 for punitive damages. Because the buyer was
unable to collect the judgment from the broker. the buyer requests relief from the Florida Real
, Estate Recovery Fund. How much can the buyer receive from the recovery fund? - correct
answers$47,500
A condominium unit buyer has how long to cancel the purchase contract after signing an
agreement with a developer? - correct answers15 days
A constitutional homestead is owned by a man who is head of a family consisting of himself, his
wife, and three children. The man dies unexpectedly. After his death... - correct answersby
operation of law, the widow owns a life estate in the homestead, and the children are vested
remaindermen
A developer purchased a tract of land and subdivided the property into individual lots. The
developer hired his son, who was not licensed to sell the lots. The father agreed to pay his son a
salary of $200 per week. After two weeks, the son had only sold two lots, so the father decided
to add an incentive. The father promised his son that after every 5th lot was sold he would give
his son a lot free and clear. After one more week, the son had only sold one more lot. The son
quit his job to go work for another developer who paid a higher weekly salary. Which statement
applies to this arrangement?
The is no violation of F.S. 475
The son alone has violated F.S. 475
Only the father has violated F.S. 475
Both the father and son have violated F.S. 475 - correct answersBoth the father and son have
violated F.S. 475
A dispute arises between the buyer and the seller as to which one is entitled to escrowed
property. The broker should first - correct answersnotify the FREC in writing, unless exempted
from the notice requirements
