Florida Real Estate STATE exam questions
and answers rated A
The best protection that the public has during a Real Estate transaction is (are)
A. The national and state association of REALTORS
B. The punishment of licensees dealing dishonesty
C. the high ethical standards of real estate agents
D. FREC and the license law - correct answer ✅D. FREC and the license law
A group license
A. allows a broker to have a branch office
B. allows a sales associate to work for more than one broker
C. may be held by a sale associate or broker associate
D.allows a broker to qualify more than one broker firm - correct answer ✅C. may
be held by a sale associate or broker
The following are exempt from F.S. 475 EXCEPT
A. Trustees for an estate
B. Personal representatives for an estate
,Florida Real Estate STATE exam questions
and answers rated A
C. Mortgage brokers engaged in financing activities.
D. Business Brokers - correct answer ✅D. Business Brokers
General Partners in a brokerage partnership that are not qualified to perform the
services of real estate must be registered as for what? - correct answer ✅For
Identification Purposes
Which brokerage disclosure notice must be signed or initialed by the buyer or
seller before implementation? - correct answer ✅Transition to Transaction
When a seller is about to enter a fiduciary relationship with a brokerage firm what
must be given? - correct answer ✅Single Agency Notice
A broker owes which duty to a customer? What should he disclose? - correct
answer ✅Known Facts affecting the value of the residential property
Sale associate works for a broker and receives an escrow deposit when should he
deliver it? - correct answer ✅To his broker immediately (next business day)
, Florida Real Estate STATE exam questions
and answers rated A
Listings obtained by a sales associate become property of whom? - correct
answer ✅Employing broker
Jim failed his state exam twice and believes some of the questions that he
answered were indeed correct. He can write a written obligation for consideration
for the questions to whom? - correct answer ✅FREC Validation Committee
Which Florida law prohibits a lender from refinancing a loan to the same borrower
within the first 18 months of making a loan, if doing so does NOT reasonably
benefit the borrower - correct answer ✅Florida Fair Lending Act
When there is a dispute over escrow funds, the procedures include four choices.
Which choice involves a third person recommending a solution?
A. Arbitration
B. Mediation
C. Litigation
D. Escrow Disbursement Order - correct answer ✅B. Mediation
What is a step that follows the investigation in complaint process - correct answer
✅Formal Hearing
and answers rated A
The best protection that the public has during a Real Estate transaction is (are)
A. The national and state association of REALTORS
B. The punishment of licensees dealing dishonesty
C. the high ethical standards of real estate agents
D. FREC and the license law - correct answer ✅D. FREC and the license law
A group license
A. allows a broker to have a branch office
B. allows a sales associate to work for more than one broker
C. may be held by a sale associate or broker associate
D.allows a broker to qualify more than one broker firm - correct answer ✅C. may
be held by a sale associate or broker
The following are exempt from F.S. 475 EXCEPT
A. Trustees for an estate
B. Personal representatives for an estate
,Florida Real Estate STATE exam questions
and answers rated A
C. Mortgage brokers engaged in financing activities.
D. Business Brokers - correct answer ✅D. Business Brokers
General Partners in a brokerage partnership that are not qualified to perform the
services of real estate must be registered as for what? - correct answer ✅For
Identification Purposes
Which brokerage disclosure notice must be signed or initialed by the buyer or
seller before implementation? - correct answer ✅Transition to Transaction
When a seller is about to enter a fiduciary relationship with a brokerage firm what
must be given? - correct answer ✅Single Agency Notice
A broker owes which duty to a customer? What should he disclose? - correct
answer ✅Known Facts affecting the value of the residential property
Sale associate works for a broker and receives an escrow deposit when should he
deliver it? - correct answer ✅To his broker immediately (next business day)
, Florida Real Estate STATE exam questions
and answers rated A
Listings obtained by a sales associate become property of whom? - correct
answer ✅Employing broker
Jim failed his state exam twice and believes some of the questions that he
answered were indeed correct. He can write a written obligation for consideration
for the questions to whom? - correct answer ✅FREC Validation Committee
Which Florida law prohibits a lender from refinancing a loan to the same borrower
within the first 18 months of making a loan, if doing so does NOT reasonably
benefit the borrower - correct answer ✅Florida Fair Lending Act
When there is a dispute over escrow funds, the procedures include four choices.
Which choice involves a third person recommending a solution?
A. Arbitration
B. Mediation
C. Litigation
D. Escrow Disbursement Order - correct answer ✅B. Mediation
What is a step that follows the investigation in complaint process - correct answer
✅Formal Hearing
