FLORIDA REAL ESTATE SALES ASSOCIATE
EXAM EXAM PRACTICE QUESTIONS WITH
CORRECT ANSWERS (VERIFIED ANSWERS)
PLUS RATIONALES 2026 Q&A | INSTANT
DOWNLOAD PDF
1. What type of property is typically exempt from Florida real estate
licensing requirements?
A) Residential homes
B) Commercial offices
C) Government-owned property
D) Condominiums
Exemptions include property owned by government agencies,
which do not require a licensed broker or sales associate.
2. Which Florida statute governs real estate licenses?
A) Florida Civil Code
B) Florida Contract Law
C) Chapter 475, Florida Statutes
D) Florida Property Act
Chapter 475 regulates real estate licensing and practices in
Florida.
3. How long must a broker maintain records of real estate
transactions in Florida?
A) 1 year
B) 2 years
C) 5 years
, D) 10 years
Florida law requires brokers to maintain transaction records for at
least 5 years.
4. Which of the following is required for an applicant to become a
Florida sales associate?
A) Must be 25 years old
B) Must have a college degree
C) Must complete 63 hours of pre-license education
D) Must have prior real estate experience
The Florida sales associate pre-license course is 63 hours.
5. In Florida, earnest money deposits must be deposited:
A) Within 1 week
B) Immediately upon receipt
C) Within 10 days
D) Within 30 days
Florida law requires brokers to deposit escrow funds immediately
into a trust account.
6. Which type of agency represents the interests of a buyer?
A) Seller’s agent
B) Transaction broker
C) Dual agent
D) Buyer’s agent
Buyer’s agents represent the buyer and owe fiduciary duties to
them.
7. A transaction broker in Florida provides:
A) Limited representation to both parties
B) Full fiduciary duties to one party
C) Full fiduciary duties to both parties
D) No legal responsibilities
, A transaction broker provides limited confidentiality and skill to
both parties without full fiduciary duties.
8. How many hours of post-license education must a new Florida
sales associate complete?
A) 14 hours
B) 45 hours
C) 63 hours
D) 30 hours
New sales associates must complete 45 hours of post-license
education within their first license period.
9. Which of the following constitutes a violation of Florida real
estate law?
A) Advertising a property without the owner’s consent
B) Misrepresenting the property to induce a sale
C) Performing a CMA (Comparative Market Analysis)
D) Referring a client to a mortgage broker
Misrepresentation is a violation and can result in disciplinary
action.
10. A broker who commingles personal funds with escrow funds
is:
A) Operating legally
B) Acting as a transaction broker
C) In violation of Florida law
D) Acceptable if funds are small
Commingling is illegal; escrow funds must be kept separate from
personal accounts.
11. The Florida Real Estate Commission (FREC) is responsible for:
A) Enforcing criminal law
B) Regulating real estate licenses and disciplinary actions
EXAM EXAM PRACTICE QUESTIONS WITH
CORRECT ANSWERS (VERIFIED ANSWERS)
PLUS RATIONALES 2026 Q&A | INSTANT
DOWNLOAD PDF
1. What type of property is typically exempt from Florida real estate
licensing requirements?
A) Residential homes
B) Commercial offices
C) Government-owned property
D) Condominiums
Exemptions include property owned by government agencies,
which do not require a licensed broker or sales associate.
2. Which Florida statute governs real estate licenses?
A) Florida Civil Code
B) Florida Contract Law
C) Chapter 475, Florida Statutes
D) Florida Property Act
Chapter 475 regulates real estate licensing and practices in
Florida.
3. How long must a broker maintain records of real estate
transactions in Florida?
A) 1 year
B) 2 years
C) 5 years
, D) 10 years
Florida law requires brokers to maintain transaction records for at
least 5 years.
4. Which of the following is required for an applicant to become a
Florida sales associate?
A) Must be 25 years old
B) Must have a college degree
C) Must complete 63 hours of pre-license education
D) Must have prior real estate experience
The Florida sales associate pre-license course is 63 hours.
5. In Florida, earnest money deposits must be deposited:
A) Within 1 week
B) Immediately upon receipt
C) Within 10 days
D) Within 30 days
Florida law requires brokers to deposit escrow funds immediately
into a trust account.
6. Which type of agency represents the interests of a buyer?
A) Seller’s agent
B) Transaction broker
C) Dual agent
D) Buyer’s agent
Buyer’s agents represent the buyer and owe fiduciary duties to
them.
7. A transaction broker in Florida provides:
A) Limited representation to both parties
B) Full fiduciary duties to one party
C) Full fiduciary duties to both parties
D) No legal responsibilities
, A transaction broker provides limited confidentiality and skill to
both parties without full fiduciary duties.
8. How many hours of post-license education must a new Florida
sales associate complete?
A) 14 hours
B) 45 hours
C) 63 hours
D) 30 hours
New sales associates must complete 45 hours of post-license
education within their first license period.
9. Which of the following constitutes a violation of Florida real
estate law?
A) Advertising a property without the owner’s consent
B) Misrepresenting the property to induce a sale
C) Performing a CMA (Comparative Market Analysis)
D) Referring a client to a mortgage broker
Misrepresentation is a violation and can result in disciplinary
action.
10. A broker who commingles personal funds with escrow funds
is:
A) Operating legally
B) Acting as a transaction broker
C) In violation of Florida law
D) Acceptable if funds are small
Commingling is illegal; escrow funds must be kept separate from
personal accounts.
11. The Florida Real Estate Commission (FREC) is responsible for:
A) Enforcing criminal law
B) Regulating real estate licenses and disciplinary actions
