Florida Real Estate Exam Florida Real Estate Exam
Florida Real Estate Exam
The _______________________ determines monetary policy in the U. S. by
controlling the availability of money.
Federal Reserve System
The Homestead Act was passed primarily to
exempt property from forced sale
A sales associate authorized to negotiate a sale of property has the authority to
work under the direction of a broker or in some cases an owner-developer
The sales specialty that involves the knowledge of regulated land use,
environmental considerations, transportation, labor costs and utility charges is
industrial
[Date]
1
Page 1 of 46 Florida Real Estate Exam.pdf 2026.
,Florida Real Estate Exam Florida Real Estate Exam
A real estate agent's trade association that requires raising the professional and
ethical standards of their members is the
National Association of Realtors.
Property management customarily includes all these but
representation of the tenant
Property management in the real estate business has gained popularity and
importance due to
the growth in absentee ownership.
The sales associate who can explain property taxes and homestead exemptions, in
addition to helping prospective buyers obtain financing, is a
residential specialist
[Date]
2
Page 2 of 46 Florida Real Estate Exam.pdf 2026.
,Florida Real Estate Exam Florida Real Estate Exam
A sales associate with ABC Realty was contacted by Big Bank to do a Broker Price
Opinion (BPO). Since the fee for this was small, the bank paid the salesperson
directly. This situation is
illegal, since sales associate violated Chapter 475, F.S.
The product that all real estate professionals sell is
their expert knowledge
Which area of real estate requires the highest degree of expertise?
Counseling
A licensed appraiser is compensated for an appraisal
with a flat fee
Sales associates who fail to complete the post-licensing education requirement
after 24 months and want to continue in the real estate business are required to
requalify for licensure by
[Date]
3
Page 3 of 46 Florida Real Estate Exam.pdf 2026.
, Florida Real Estate Exam Florida Real Estate Exam
repeating the pre-licensure class, passing the end-of-course examination, and
passing the state licensure examination.
After completing the post-licensing education during the initial license period,
licensees must complete
at least 14 hours of continuing education during every 2-year license period for
active and inactive licensees.
Prior to Owner's death, she named her friend, Jenny, as the personal
representative of her estate. To take an active part in the sale of Owner's real
estate, Jenny is
not required to obtain a real estate license.
Since performing a broker price opinion or comparative market analysis
constitutes real estate brokerage activity, the compensation collected in
connection with that activity must be paid to the
sales associate's Broker/brokerage.
[Date]
4
Page 4 of 46 Florida Real Estate Exam.pdf 2026.
Florida Real Estate Exam
The _______________________ determines monetary policy in the U. S. by
controlling the availability of money.
Federal Reserve System
The Homestead Act was passed primarily to
exempt property from forced sale
A sales associate authorized to negotiate a sale of property has the authority to
work under the direction of a broker or in some cases an owner-developer
The sales specialty that involves the knowledge of regulated land use,
environmental considerations, transportation, labor costs and utility charges is
industrial
[Date]
1
Page 1 of 46 Florida Real Estate Exam.pdf 2026.
,Florida Real Estate Exam Florida Real Estate Exam
A real estate agent's trade association that requires raising the professional and
ethical standards of their members is the
National Association of Realtors.
Property management customarily includes all these but
representation of the tenant
Property management in the real estate business has gained popularity and
importance due to
the growth in absentee ownership.
The sales associate who can explain property taxes and homestead exemptions, in
addition to helping prospective buyers obtain financing, is a
residential specialist
[Date]
2
Page 2 of 46 Florida Real Estate Exam.pdf 2026.
,Florida Real Estate Exam Florida Real Estate Exam
A sales associate with ABC Realty was contacted by Big Bank to do a Broker Price
Opinion (BPO). Since the fee for this was small, the bank paid the salesperson
directly. This situation is
illegal, since sales associate violated Chapter 475, F.S.
The product that all real estate professionals sell is
their expert knowledge
Which area of real estate requires the highest degree of expertise?
Counseling
A licensed appraiser is compensated for an appraisal
with a flat fee
Sales associates who fail to complete the post-licensing education requirement
after 24 months and want to continue in the real estate business are required to
requalify for licensure by
[Date]
3
Page 3 of 46 Florida Real Estate Exam.pdf 2026.
, Florida Real Estate Exam Florida Real Estate Exam
repeating the pre-licensure class, passing the end-of-course examination, and
passing the state licensure examination.
After completing the post-licensing education during the initial license period,
licensees must complete
at least 14 hours of continuing education during every 2-year license period for
active and inactive licensees.
Prior to Owner's death, she named her friend, Jenny, as the personal
representative of her estate. To take an active part in the sale of Owner's real
estate, Jenny is
not required to obtain a real estate license.
Since performing a broker price opinion or comparative market analysis
constitutes real estate brokerage activity, the compensation collected in
connection with that activity must be paid to the
sales associate's Broker/brokerage.
[Date]
4
Page 4 of 46 Florida Real Estate Exam.pdf 2026.
