Florida Broker Exam Questions With
Correct Answers
Executive Branch of Florida Government (including the DBPR) -
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CORRECT ANSWER✔✔-Florida Statue Chapter 20
| | | |
The law is often referred to as the Real Estate Practice Act -
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CORRECT ANSWER✔✔-Florida Statute Chapter 475
| | | |
The law that was established for Real Estate Brokers, sales
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associates, and appraisers - CORRECT ANSWER✔✔-Florida
| | | | | |
Statue Chapter 475 | |
Part I of the Florida statue 475 pertains to: - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Real estate brokerages | |
Part II of the Florida Statue 475 pertains to: - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Real estate appraisers and sets for the | | | | | | |
requirements for FL licensed and certified appraisers
| | | | | |
,Part III of Chapter 475 pertains to: - CORRECT ANSWER✔✔-The
| | | | | | | | | |
Commercial Real Estate Lien Act, Gives broker lien rights for
| | | | | | | | | |
earned commission. This act applies only to the commercial
| | | | | | | | |
property (not residential property)
| | |
The Commercial Real Estate Sales Commission Lien Act -
| | | | | | | | |
CORRECT ANSWER✔✔-The right to place against owner's net
| | | | | | | |
proceeds(personal property) from the sale and does not attach | | | | | | | | |
to the commercial real property.
| | | |
Part IV, of Chapter 475, Commercial Real Estate Leasing
| | | | | | | | |
Commission Lien Act - CORRECT ANSWER✔✔-Give a broker lien
| | | | | | | | |
rights for earned commission associated with a brokerage
| | | | | | | |
agreement to lease commercial real estate
| | | | |
Florida State 455 Regulation of Professions and Occupations -
| | | | | | | | |
CORRECT ANSWER✔✔-Department of Business and
| | | | |
Professional Regulation and the professions under the
| | | | | | |
department
Florida Statue Chapter 120 - CORRECT ANSWER✔✔-Procedural
| | | | | | |
process for all governmental entities authorized under the
| | | | | | | |
,Florida constitution. The licensing and disciplinary process for
| | | | | | | |
real estate licensees is outlined in this chapter.
| | | | | | |
Florida Administrative Code Chapter 61J2 - CORRECT
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ANSWER✔✔-Florida Real Estate Commission Rules | | | |
A person who performs real estate services for compensation
| | | | | | | | |
but who does so under the direction, control, or management of
| | | | | | | | | |
a broker or an owner developer. - CORRECT ANSWER✔✔-Sales
| | | | | | | | | |
Associate
An individual who is qualified to be issued a broker's license but
| | | | | | | | | | | |
who operates as a sales associate in the employ of another -
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CORRECT ANSWER✔✔-Broker Associate | |
An unlicensed entity that sells, exchanges, or leases it own
| | | | | | | | | |
property - CORRECT ANSWER✔✔-Owner Developer
| | | |
What are some rules of staff of owner developer? - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Sales associates must have an active real estate | | | | | | | |
license in order to receive a commission. Sales staffed is
| | | | | | | | | |
exempted from licensure if paid strictly a salary.
| | | | | | |
, "Let the Buyer Beware" - CORRECT ANSWER✔✔-Caveat emptor
| | | | | | |
Licensees applicants Requirements: - CORRECT ANSWER✔✔-
| | | | |
Background check of any crimes | | | |
Must disclose prior convictions including if a court action was
| | | | | | | | | |
(adjudicated) withheld |
disclose on the application any other name or alias, including
| | | | | | | | | |
maiden name |
18 years old
| |
high school diploma or equivalent
| | | |
possess a Social Security Number
| | | |
Be of good character
| | |
Have not violated a Chapter 475 within 1 year prior to
| | | | | | | | | | |
application.
How long is the license application good for? - CORRECT
| | | | | | | | | |
ANSWER✔✔-2 years from the date of the completed application | | | | | | | |
received by the DBPR
| | | |
"no contest" - CORRECT ANSWER✔✔-Nolo contendere
| | | | |
Correct Answers
Executive Branch of Florida Government (including the DBPR) -
| | | | | | | | |
CORRECT ANSWER✔✔-Florida Statue Chapter 20
| | | |
The law is often referred to as the Real Estate Practice Act -
| | | | | | | | | | | | |
CORRECT ANSWER✔✔-Florida Statute Chapter 475
| | | |
The law that was established for Real Estate Brokers, sales
| | | | | | | | | |
associates, and appraisers - CORRECT ANSWER✔✔-Florida
| | | | | |
Statue Chapter 475 | |
Part I of the Florida statue 475 pertains to: - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Real estate brokerages | |
Part II of the Florida Statue 475 pertains to: - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Real estate appraisers and sets for the | | | | | | |
requirements for FL licensed and certified appraisers
| | | | | |
,Part III of Chapter 475 pertains to: - CORRECT ANSWER✔✔-The
| | | | | | | | | |
Commercial Real Estate Lien Act, Gives broker lien rights for
| | | | | | | | | |
earned commission. This act applies only to the commercial
| | | | | | | | |
property (not residential property)
| | |
The Commercial Real Estate Sales Commission Lien Act -
| | | | | | | | |
CORRECT ANSWER✔✔-The right to place against owner's net
| | | | | | | |
proceeds(personal property) from the sale and does not attach | | | | | | | | |
to the commercial real property.
| | | |
Part IV, of Chapter 475, Commercial Real Estate Leasing
| | | | | | | | |
Commission Lien Act - CORRECT ANSWER✔✔-Give a broker lien
| | | | | | | | |
rights for earned commission associated with a brokerage
| | | | | | | |
agreement to lease commercial real estate
| | | | |
Florida State 455 Regulation of Professions and Occupations -
| | | | | | | | |
CORRECT ANSWER✔✔-Department of Business and
| | | | |
Professional Regulation and the professions under the
| | | | | | |
department
Florida Statue Chapter 120 - CORRECT ANSWER✔✔-Procedural
| | | | | | |
process for all governmental entities authorized under the
| | | | | | | |
,Florida constitution. The licensing and disciplinary process for
| | | | | | | |
real estate licensees is outlined in this chapter.
| | | | | | |
Florida Administrative Code Chapter 61J2 - CORRECT
| | | | | | |
ANSWER✔✔-Florida Real Estate Commission Rules | | | |
A person who performs real estate services for compensation
| | | | | | | | |
but who does so under the direction, control, or management of
| | | | | | | | | |
a broker or an owner developer. - CORRECT ANSWER✔✔-Sales
| | | | | | | | | |
Associate
An individual who is qualified to be issued a broker's license but
| | | | | | | | | | | |
who operates as a sales associate in the employ of another -
| | | | | | | | | | | |
CORRECT ANSWER✔✔-Broker Associate | |
An unlicensed entity that sells, exchanges, or leases it own
| | | | | | | | | |
property - CORRECT ANSWER✔✔-Owner Developer
| | | |
What are some rules of staff of owner developer? - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Sales associates must have an active real estate | | | | | | | |
license in order to receive a commission. Sales staffed is
| | | | | | | | | |
exempted from licensure if paid strictly a salary.
| | | | | | |
, "Let the Buyer Beware" - CORRECT ANSWER✔✔-Caveat emptor
| | | | | | |
Licensees applicants Requirements: - CORRECT ANSWER✔✔-
| | | | |
Background check of any crimes | | | |
Must disclose prior convictions including if a court action was
| | | | | | | | | |
(adjudicated) withheld |
disclose on the application any other name or alias, including
| | | | | | | | | |
maiden name |
18 years old
| |
high school diploma or equivalent
| | | |
possess a Social Security Number
| | | |
Be of good character
| | |
Have not violated a Chapter 475 within 1 year prior to
| | | | | | | | | | |
application.
How long is the license application good for? - CORRECT
| | | | | | | | | |
ANSWER✔✔-2 years from the date of the completed application | | | | | | | |
received by the DBPR
| | | |
"no contest" - CORRECT ANSWER✔✔-Nolo contendere
| | | | |
