FLORIDA REAL ESTATE BROKER EXAM
PRACTICE QUESTIONS WITH CORRECT
ANSWERS (VERIFIED ANSWERS) PLUS
RATIONALES 2026 Q&A | INSTANT
DOWNLOAD PDF
1. Which of the following is required to obtain a Florida real estate
broker license?
A. Must be at least 18 years old
B. Must have an active sales associate license for at least 24 months
C. Must complete 72 hours of broker pre-license education
D. Must pass the broker exam
B. Must have an active sales associate license for at least 24 months
Rationale: Florida law requires candidates to have at least 24 months of
active real estate experience under a broker before qualifying for a
broker license.
2. The Florida Real Estate Commission (FREC) is responsible for:
A. Selling real estate
B. Regulating real estate licensees
C. Approving mortgage rates
D. Managing real estate firms
B. Regulating real estate licensees
Rationale: FREC enforces real estate laws and rules, issues licenses, and
disciplines licensees.
3. A broker has an escrow account for client deposits. How long can
the broker hold funds if there is a dispute?
,A. 10 business days
B. 15 business days
C. 30 business days
D. Until resolution through settlement or court
D. Until resolution through settlement or court
Rationale: Escrow funds must be held until mutual agreement is
reached, or the matter is resolved through arbitration, FREC, or the
courts.
4. When a broker receives an earnest money deposit, they must:
A. Immediately deposit it into a personal account
B. Deposit it into an escrow account within 3 business days
C. Hold it until the sale closes
D. Give it to the seller
B. Deposit it into an escrow account within 3 business days
Rationale: Florida law requires brokers to deposit escrow funds
promptly, typically within 3 business days of receipt.
5. A broker’s license becomes void if:
A. The broker changes office location
B. The broker fails to complete continuing education
C. The broker sells property without a license
D. The broker hires a sales associate
B. The broker fails to complete continuing education
Rationale: Failing to meet continuing education requirements will void a
license until the requirements are satisfied.
6. Which of the following is TRUE about real estate brokerage
relationships in Florida?
A. All relationships are automatically single agency
B. Written disclosure is required before engaging in certain transactions
C. No disclosure is required if the buyer is represented
, D. Brokers cannot represent sellers and buyers in the same transaction
B. Written disclosure is required before engaging in certain
transactions
Rationale: Florida law requires written disclosure of brokerage
relationships before certain transactions, such as showing properties.
7. An exclusive right of sale listing means:
A. The broker earns commission only if they sell the property
B. The broker earns commission no matter who sells the property
C. The seller can sell without paying commission
D. The listing is open to multiple brokers
B. The broker earns commission no matter who sells the property
Rationale: In an exclusive right of sale listing, the listing broker is
entitled to a commission regardless of who procures the buyer.
8. A sales associate wants to become a broker. Which requirement is
NOT necessary?
A. Must have experience as a sales associate for at least 24 months
B. Must complete 72 hours of broker pre-license course
C. Must be at least 21 years old
D. Must submit fingerprints for background check
C. Must be at least 21 years old
Rationale: The minimum age for a broker license is 18, not 21.
9. Which of the following is considered commingling?
A. Depositing client funds into a separate escrow account
B. Depositing personal funds in a business account
C. Mixing client escrow funds with the broker’s personal funds
D. Paying a subcontractor from business income
C. Mixing client escrow funds with the broker’s personal funds
Rationale: Commingling is illegal and occurs when a broker mixes client
funds with personal or business funds.
PRACTICE QUESTIONS WITH CORRECT
ANSWERS (VERIFIED ANSWERS) PLUS
RATIONALES 2026 Q&A | INSTANT
DOWNLOAD PDF
1. Which of the following is required to obtain a Florida real estate
broker license?
A. Must be at least 18 years old
B. Must have an active sales associate license for at least 24 months
C. Must complete 72 hours of broker pre-license education
D. Must pass the broker exam
B. Must have an active sales associate license for at least 24 months
Rationale: Florida law requires candidates to have at least 24 months of
active real estate experience under a broker before qualifying for a
broker license.
2. The Florida Real Estate Commission (FREC) is responsible for:
A. Selling real estate
B. Regulating real estate licensees
C. Approving mortgage rates
D. Managing real estate firms
B. Regulating real estate licensees
Rationale: FREC enforces real estate laws and rules, issues licenses, and
disciplines licensees.
3. A broker has an escrow account for client deposits. How long can
the broker hold funds if there is a dispute?
,A. 10 business days
B. 15 business days
C. 30 business days
D. Until resolution through settlement or court
D. Until resolution through settlement or court
Rationale: Escrow funds must be held until mutual agreement is
reached, or the matter is resolved through arbitration, FREC, or the
courts.
4. When a broker receives an earnest money deposit, they must:
A. Immediately deposit it into a personal account
B. Deposit it into an escrow account within 3 business days
C. Hold it until the sale closes
D. Give it to the seller
B. Deposit it into an escrow account within 3 business days
Rationale: Florida law requires brokers to deposit escrow funds
promptly, typically within 3 business days of receipt.
5. A broker’s license becomes void if:
A. The broker changes office location
B. The broker fails to complete continuing education
C. The broker sells property without a license
D. The broker hires a sales associate
B. The broker fails to complete continuing education
Rationale: Failing to meet continuing education requirements will void a
license until the requirements are satisfied.
6. Which of the following is TRUE about real estate brokerage
relationships in Florida?
A. All relationships are automatically single agency
B. Written disclosure is required before engaging in certain transactions
C. No disclosure is required if the buyer is represented
, D. Brokers cannot represent sellers and buyers in the same transaction
B. Written disclosure is required before engaging in certain
transactions
Rationale: Florida law requires written disclosure of brokerage
relationships before certain transactions, such as showing properties.
7. An exclusive right of sale listing means:
A. The broker earns commission only if they sell the property
B. The broker earns commission no matter who sells the property
C. The seller can sell without paying commission
D. The listing is open to multiple brokers
B. The broker earns commission no matter who sells the property
Rationale: In an exclusive right of sale listing, the listing broker is
entitled to a commission regardless of who procures the buyer.
8. A sales associate wants to become a broker. Which requirement is
NOT necessary?
A. Must have experience as a sales associate for at least 24 months
B. Must complete 72 hours of broker pre-license course
C. Must be at least 21 years old
D. Must submit fingerprints for background check
C. Must be at least 21 years old
Rationale: The minimum age for a broker license is 18, not 21.
9. Which of the following is considered commingling?
A. Depositing client funds into a separate escrow account
B. Depositing personal funds in a business account
C. Mixing client escrow funds with the broker’s personal funds
D. Paying a subcontractor from business income
C. Mixing client escrow funds with the broker’s personal funds
Rationale: Commingling is illegal and occurs when a broker mixes client
funds with personal or business funds.
