/FLORIDA LICENSE PREP EXAM – 2026 WITH
VERIFIED QUESTIONS & CORRECT ANSWERS |
ALREADY GRADED A+
Broker Associate - ANSWER-Someone who is qualified to receive a broker
license but chooses instead to be employed under the direction, control and
management of an actively licensed broker or owner developer.
In this capacity the broker acts as a sales associate NOT as a broker
Florida real estate license requirements - ANSWER-An applicant for a Florida real
estate license requirements is NOT required to be a resident of the state of Florida,
or to be a citizen of the United States
Group license - ANSWER-A single real estate license that can be obtained if the
sales associate or broker associate works for one owner developer with affiliated
organizations, which provides real estate services in different geographic areas
Multiple licenses - ANSWER-A broker can be issued additional licenses in two or
more capacities by requesting...
NOT available to sales associates or broker associates
Division or DRE - ANSWER-Refers to the division of real estate
License - ANSWER-Means any permit, registration, certificate, or license issued
by the department
Licensee - ANSWER-Refers to any person to whom a permit, registration,
certificate or license is issued by the department
A BAR SALE - ANSWER-The most common services of real estate:
Appraising
,Buying
Auctioning
Renting
Selling
Advertising
Leasing
Exchanging
Sales associate - ANSWER-Must be employed by a real estate broker or owner
developer to practice real estate
*Must complete all pre license requirements to obtain their initial license as a sales
associate
Broker - ANSWER-A person who performs services of real estate as an agent for
another and receives compensation for those services either directly or indirectly
Florida Mutual recognition - ANSWER-Florida has entered into "Contractual
agreements" with 7 states that recognize the similarity in the content of their
mutual education and experience requirements for real estate licensing.
Alabama
Arkansas
Connecticut
Georgia
Mississippi
Illinois
Nebraska
Form #1 DBPR RE 1
"Have you ever been convicted or found guilty of, or entered a plea of Nolo
contendere (no contest) or guilty to, regardless of adjudication, a crime in any
jurisdiction, or are you currently under criminal investigation?"
The question further defines which offenses are covered - ANSWER-For practical
purposes, this question requires the disclosure of any criminal convictions,
including felony or misdemeanor convictions or pleas (other than minor traffic
offenses).
,DUI is not a minor traffic offense and must be disclosed
Employment by owner developer - ANSWER-The owner developer must register
with the department but does not receive a real estate license
Post licensing course - ANSWER-All licensees, whether active or inactive, must
satisfactorily complete a Commission prescribed post licensing course before the
first renewal expiration date, following initial licensure.
Sales associate first renewal - ANSWER-Sales associate must complete a 45-hour
post license course.
Failure to complete this requirement will result in licensee being out of business
and voided license
Continuing education - ANSWER-All licensees active or inactive, broker or sales
assoc., must complete 14 hrs of commission approved continuing education and
pay a renewal fee during each license renewal period, excluding the first renewal
period of their current license.
If CE requirements are no met within the renewal deadline, the licensees license
will be changed to INVOLUNTARY INACTIVE
CE courses may be completed by classroom or distance learning(online)
Subsequent renewal - ANSWER-14 hr CE
Failure to do so results in null and Void license
The licensee may not practice real estate while his or her license is involuntary
inactive.
The license can remain in these statutes for up to two years
Voluntary inactive - ANSWER-Individual who had attained their license but does
not wish to engage actively in real estate can request a voluntary inactive.
May remain In this status indefinitely
, Suspended broker’s license - ANSWER-Suspended, revoked, or otherwise void or
ineffective broker’s license results in all person’s license who are employed under
such broker to become automatically inactive
Cancelled licensed - ANSWER-If a licensee no longer wishes to practice real
estate, they can return their license to the department. The license would be...
A Sales Associate transitioning to a Broker - ANSWER-Must have been employed
under one or more actively licensed brokers for at least 24 months writhing the last
5 yrs before becoming eligible to take the state broker examination
Additional applicants who qualify to apply for a broker’s license [F.A.C.61J2-
2.027(1)(b)] - ANSWER-Actively licensed real estate sales associates from
another STATE OR NATION who have been Licensed for at least 24 months
during the preceding 5 yrs
*Broker cannot own stock in any of the corporations
Examples of administrative agencies empowered by statutes - ANSWER-Statutes
can authorize the creation and operation of administrative agencies to administer
and enforce certain laws.
The DBPR created by F.S. 455
FREC created by F.S. 475
are examples.
Special agent - ANSWER-Authorized under agency law by the employer to
perform a single act.
General agent - ANSWER-...Of his or her broker or owner developer..
(Sales associate or broker associate)
Sub agent - ANSWER-Extension of another agency, a party who has been granted
authority to act on behalf of another agent.
NOT a type of agency
What a sales associate is to his or her broker, and automatically becomes to all of
the brokers principals