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FLORIDA REAL ESTATE EXAM 2025 QUESTIONS
AND ANSWERS.
1. Ginnie Mae approved mortgage-backed securities .
A. Carry the full faith and credit guarantee of the federal
government
B. Are to be paid on closing date
C. Are sold to the primary market
D. Do not have to pay fees - correct answer - A. A. Carry the full
faith and credit guarantee of the federal government
2. At the time of the mortgage loan application The Real Estate Settlement
Procedures Act (RESPA) requires
A. Good faith estimate
B. Insurance
C. Lien
D. APR - correct answer - A. Good faith estimate
3. The federal reserve regulation z requires lenders disclose the annual
percentage rate in appliance with
A. The real estate procedures act
B. Equal credit opportunity act
C. The truth in lending act
D. The civil rights act of 1866 - correct answer - C. The truth in
lending act
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4. Financial institutions must make credit available without discrimination of
race in accordance with
A. The civil rights act of 1866
B. The real estate procedures act
C. The truth in lending act
D. The equal credit opportunity act - correct answer - D. The equal
credit opportunity act
5. Potential gross income minus vacancy and collection losses is
A. Effective gross income
B. Net income
C. Total income
D. Potential income - correct answer - A. Effective gross income
6. A developer of 20 or more new residential units must give a to a
buyer
A. Interval
B. Time share
C. Plat map
D. Prospectus - correct answer - D. Prospectus
7. "A developer must give a purchaser a prospectus which gives
condominium details"
8. Drew the tenant pays the landlord rent in advance and a security
deposit, the landlord puts the funds in his personal account
A. The landlord must put the funds in an interest bearing account
B. The landlord is allowed to put the funds in his personal account
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C. The landlord is not allowed to put the funds in his personal
account they must be put in a separate account
D. The landlord is allowed to put the funds in his personal account as
long as he does not spend them - correct answer - The department
of business and professional regulation is under which Florida
statute
A. Chapter 61j2
B. Chapter 475
C. Chapter 455
D. Chapter 20
9. A member of the US armed forces is transferred to active duty in Florida. The
service members spouse holds a valid New York real estate license. The
service members spouse desires a Florida real estate license. Which is true?
A. The spouse must complete the prelicense education
B. The spouse must pass the Florida specific real estate exam
C. Upon application for license, the DBPR must issue license
D. The spouse is eligible for Florida license because if mutual
recognition with state of New York - correct answer - C. Upon
application for license, the DBPR must issue license
10. Which statement is false regarding mutual recognition agreements?
A. The agreements are intended to recognize the education and
experience that real estate licensee's have acquired in other
states are nations
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B. Mutual recognition applicants are required to take an examination on
Florida real estate laws
C. Mutual recognition applicants maybe Florida residents or non-
residents
D. Mutual agreements allow Florida real estate licenses to have an equal
opportunity for licensure in jurisdictions with which agreements are
concluded - correct answer - C Mutual recognition applicants may be Florida
residents or non-residents
11. Which of the criteria listed below is not required to hold a Florida real
estate?
A. Proof of US citenzship
B. 18 years of age or older
C. High school diploma or GED
D. US social security number - correct answer - Proof of US
citenzship
12. A man who died without leaving a will owned 2 farms and a home.
The court appointed a personal representative to dispose of the
decendents estate. The representative?
A. Must have the clerk of the circuit court auction property
FLORIDA REAL ESTATE EXAM 2025 QUESTIONS
AND ANSWERS.
1. Ginnie Mae approved mortgage-backed securities .
A. Carry the full faith and credit guarantee of the federal
government
B. Are to be paid on closing date
C. Are sold to the primary market
D. Do not have to pay fees - correct answer - A. A. Carry the full
faith and credit guarantee of the federal government
2. At the time of the mortgage loan application The Real Estate Settlement
Procedures Act (RESPA) requires
A. Good faith estimate
B. Insurance
C. Lien
D. APR - correct answer - A. Good faith estimate
3. The federal reserve regulation z requires lenders disclose the annual
percentage rate in appliance with
A. The real estate procedures act
B. Equal credit opportunity act
C. The truth in lending act
D. The civil rights act of 1866 - correct answer - C. The truth in
lending act
, Page | 2
4. Financial institutions must make credit available without discrimination of
race in accordance with
A. The civil rights act of 1866
B. The real estate procedures act
C. The truth in lending act
D. The equal credit opportunity act - correct answer - D. The equal
credit opportunity act
5. Potential gross income minus vacancy and collection losses is
A. Effective gross income
B. Net income
C. Total income
D. Potential income - correct answer - A. Effective gross income
6. A developer of 20 or more new residential units must give a to a
buyer
A. Interval
B. Time share
C. Plat map
D. Prospectus - correct answer - D. Prospectus
7. "A developer must give a purchaser a prospectus which gives
condominium details"
8. Drew the tenant pays the landlord rent in advance and a security
deposit, the landlord puts the funds in his personal account
A. The landlord must put the funds in an interest bearing account
B. The landlord is allowed to put the funds in his personal account
, Page | 3
C. The landlord is not allowed to put the funds in his personal
account they must be put in a separate account
D. The landlord is allowed to put the funds in his personal account as
long as he does not spend them - correct answer - The department
of business and professional regulation is under which Florida
statute
A. Chapter 61j2
B. Chapter 475
C. Chapter 455
D. Chapter 20
9. A member of the US armed forces is transferred to active duty in Florida. The
service members spouse holds a valid New York real estate license. The
service members spouse desires a Florida real estate license. Which is true?
A. The spouse must complete the prelicense education
B. The spouse must pass the Florida specific real estate exam
C. Upon application for license, the DBPR must issue license
D. The spouse is eligible for Florida license because if mutual
recognition with state of New York - correct answer - C. Upon
application for license, the DBPR must issue license
10. Which statement is false regarding mutual recognition agreements?
A. The agreements are intended to recognize the education and
experience that real estate licensee's have acquired in other
states are nations
, Page | 4
B. Mutual recognition applicants are required to take an examination on
Florida real estate laws
C. Mutual recognition applicants maybe Florida residents or non-
residents
D. Mutual agreements allow Florida real estate licenses to have an equal
opportunity for licensure in jurisdictions with which agreements are
concluded - correct answer - C Mutual recognition applicants may be Florida
residents or non-residents
11. Which of the criteria listed below is not required to hold a Florida real
estate?
A. Proof of US citenzship
B. 18 years of age or older
C. High school diploma or GED
D. US social security number - correct answer - Proof of US
citenzship
12. A man who died without leaving a will owned 2 farms and a home.
The court appointed a personal representative to dispose of the
decendents estate. The representative?
A. Must have the clerk of the circuit court auction property
