AND STUDY GUIDE NEWEST 2025/2026
(ACTUAL EXAM) QUESTIONS AND VERIFIED
ANSWERS
An individual does not intend to engage in real estate activity. However, he does
plan to be an officer of a real estate brokerage corporation. Which status BEST
describes this situation?
a. Active sales associate license
b. Active broker license
c. Registered with the DBPR
d. Inactive sales associate license - Answer-c. Registered with the DBPR
An individual who has fulfilled all of the academic and experience requirements
for real estate brokers but who operates as a sales associate in the employ of a
supervising broker is an
a. active sales associate
b. active broker
c. inactive broker
d. active broker associate - Answer-d. active broker associate
Real estate license applicants who desire to review their most recent license exam
MUST file a request to review within
a. 10 days
,b. 14 days
c. 21 days
d. 30 days - Answer-c. 21 days
A nonresident who holds a Florida real estate license MUST
a. consent, once licensed, to having all documents notarized that become part of
future real estate transactions in which the nonresident licensee is involved
b. complete all required post-licensing and continuing education requirements
c. become a Florida resident within the initial license period
d. accept permanent revocation of the license should any violation of the real
estate license law be upheld - Answer-b. complete all required post-licensing and
continuing education requirements
Does a licensee who is convicted of a misdemeanor offense have a duty to report
the conviction of the FREC?
a. Yes, a licensee is required to disclose misdemeanor convictions with 60 days.
b. Yes, licensees must disclose all convictions to the FREC within 30 days
c. No, licensees are required to disclose felony convictions buy not misdemeanor
convictions
d. Yes, the licensee is required to disclose the misdemeanor convictions unless the
licensee pleads nolo contender - Answer-b. Yes, licensees must disclose all
convictions to the FREC within 30 days
Which activity is NOT a real estate service?
a. Mortgaging real property
,b. Advertising real property
c. Renting real property
d. Auctioning real property - Answer-a. Mortgaging real property
Which statement is FALSE regarding mutual recognition agreements?
a. the agreements are intended to recognize the education and experience that
real estate licensees have acquired in other states or nations
b. Mutual recognition applicants are required to take a examination on Florida real
estate laws.
c. Mutual recognition applicants may be Florida residents or nonresidents
d. Mutual agreements allow Florida real estate licensees to have an equal
opportunity for licensure in jurisdictions with which agreements are concluded -
Answer-c. Mutual recognition applicants may be Florida residents or nonresidents
A sales associate sells real estate on the weekend for brokerage company A. She
also works as a sales associate for brokerage company B. She is paid on a
commission basis at both brokerage company A and brokerage company B. Which
statement applies to this situation?
a. As long as the broker for brokerage company A is also an owner-developer, this
is an acceptable arrangement
b. The sales associate is in violation of Chapter 475, F.S.
c. The sales associate must register both employers with the DBPR.
d. This is legal, provided the sales associate is issued a multiple license. - Answer-
b. The sales associate is in violation of Chapter 475, F.S.
, Which of the criteria listed below is NOT required to hold a Florida real estate
license?
a. Proof of U.S. citizenship
b. 18 years of age or older
c. High school diploma or GED
d. U.S. Social Security number - Answer-a. Proof of U.S. citizenship
Which FREC power is part of the FREC's quasi-judicial responsibilities?
a. Foster education of licensees
b. Regulate professional practices
c. Make determination of violations
d. Establish fees - Answer-c. Make determination of violations
An owner-developer employs five licensed sales associates and pays each sales
associate a commission for sales of the owner-developer's lots. Which is TRUE of
the owner-developer?
a. The owner-developer must hold an active broker license.
b. The owner-developer must register with the DBPR but does not have to be
licensed.
c. The owner- developer may only pay the sales associates a salary, not a
commission.
d. The owner-developer must apply for multiple licenses. - Answer-b. The owner-
developer must register with the DBPR but does not have to be licensed.