FL REAL ESTATE EXAM 200 QUESTIONS & CORRECT
ANSWERS LATEST 2025
Tryon Corp. and Sandoval, Inc. were joint owners of the former Sandy Glass
manufacturing facility. An environmental assessment found that the two
companies share joint and several liability for a hazardous materials cleanup.
What could happen if the two of them don't agree to cooperate in the cleanup? -
ANSWER-The EPA will perform the cleanup itself and bill Tryon and Sandoval for
the cost.
Rental companies and brokerages that charge a fee for providing rental listing
information must give prospective tenants ______. - ANSWER-A receipt with a
disclosure about refunds with the approved language
What language may be included in a contract after the assignor's name to make it
clear that the contract is assignable? - ANSWER-"And/or assigns"
When would a buyer have a home tested for radon gas? - ANSWER-during a home
inspection
Police power is the government's authority at what level(s)? - ANSWER-at any
level
What must a broker associate do to obtain multiple licensure? - ANSWER-Broker
associates aren't permitted to hold multiple licenses.
,A licensee stating that a property is "guaranteed to increase in value over the next
five years" is an example of ______. - ANSWER-misrepresentation
Which type of zoning classification regulates the intensity of use in an area that
has retail shops and other similar businesses? - ANSWER-commercial
A rundown home is driving down property values on the block. What economic
principle is at work here? - ANSWER-regression
Hunter is getting ready to move into a new apartment in a small town in Florida.
The landlord has already informed Hunter that she'll require a security deposit,
and that she'll provide him with a notice of how it's being held within ______. -
ANSWER-30 days
You're talking to a co-worker at lunch, and she mentions she has a box of baby
clothes her kids have outgrown that she needs to get rid of. You have a baby on
the way, so you offer to pay her $25, and she agrees to bring the box to work the
next day and give it to you. Which of the following is true in this situation? -
ANSWER-This is an express contract because you defined in words the specific
terms of the agreement and consideration to be exchanged.
A property owner who wishes to convey property to a new owner will generally
use a ______. - ANSWER-deed
In the sales comparison approach, which of these are selected and evaluated both
quantitatively and qualitatively against the subject property? - ANSWER-
comparables
, Which of the following is an example of the proper way to use a computer-
generated CMA? - ANSWER-Use it as a tool, in combination with your own
research before suggesting a listing price.
If a property owner dies intestate and no heirs or creditors can be found, what
becomes of the property? - ANSWER-The state claims the property through
escheat.
Which of these sentences accurately describes the phrase "statute of
limitations"? - ANSWER-there are deadlines for certain types of legal action
Deanna has just submitted her application for a Florida real estate sales associate
license. She zoned out and forgot to include her check for the fee. What's the
worst thing that could happen as a result? - ANSWER-Her license could be denied.
The FREC can deny licensure to individuals who - ANSWER-submit incomplete
applications, fail to include the appropriate fees, or make untruthful statements
on the application.
Elaina and Allen just purchased a home using a deed of trust. Which of the
following is most likely true about their home loan? - ANSWER-A trustee will hold
title until the loan is paid.
In the real estate business, whose primary role is to perform a visual inspection of
a property's structure, systems, and site conditions? - ANSWER-home inspector
Roger is the owner/developer of the Seaside housing subdivision development.
He employs Joan to help show and sell the units in his development. Joan receives
a salary but no commission or extra compensation for these services. Which one
ANSWERS LATEST 2025
Tryon Corp. and Sandoval, Inc. were joint owners of the former Sandy Glass
manufacturing facility. An environmental assessment found that the two
companies share joint and several liability for a hazardous materials cleanup.
What could happen if the two of them don't agree to cooperate in the cleanup? -
ANSWER-The EPA will perform the cleanup itself and bill Tryon and Sandoval for
the cost.
Rental companies and brokerages that charge a fee for providing rental listing
information must give prospective tenants ______. - ANSWER-A receipt with a
disclosure about refunds with the approved language
What language may be included in a contract after the assignor's name to make it
clear that the contract is assignable? - ANSWER-"And/or assigns"
When would a buyer have a home tested for radon gas? - ANSWER-during a home
inspection
Police power is the government's authority at what level(s)? - ANSWER-at any
level
What must a broker associate do to obtain multiple licensure? - ANSWER-Broker
associates aren't permitted to hold multiple licenses.
,A licensee stating that a property is "guaranteed to increase in value over the next
five years" is an example of ______. - ANSWER-misrepresentation
Which type of zoning classification regulates the intensity of use in an area that
has retail shops and other similar businesses? - ANSWER-commercial
A rundown home is driving down property values on the block. What economic
principle is at work here? - ANSWER-regression
Hunter is getting ready to move into a new apartment in a small town in Florida.
The landlord has already informed Hunter that she'll require a security deposit,
and that she'll provide him with a notice of how it's being held within ______. -
ANSWER-30 days
You're talking to a co-worker at lunch, and she mentions she has a box of baby
clothes her kids have outgrown that she needs to get rid of. You have a baby on
the way, so you offer to pay her $25, and she agrees to bring the box to work the
next day and give it to you. Which of the following is true in this situation? -
ANSWER-This is an express contract because you defined in words the specific
terms of the agreement and consideration to be exchanged.
A property owner who wishes to convey property to a new owner will generally
use a ______. - ANSWER-deed
In the sales comparison approach, which of these are selected and evaluated both
quantitatively and qualitatively against the subject property? - ANSWER-
comparables
, Which of the following is an example of the proper way to use a computer-
generated CMA? - ANSWER-Use it as a tool, in combination with your own
research before suggesting a listing price.
If a property owner dies intestate and no heirs or creditors can be found, what
becomes of the property? - ANSWER-The state claims the property through
escheat.
Which of these sentences accurately describes the phrase "statute of
limitations"? - ANSWER-there are deadlines for certain types of legal action
Deanna has just submitted her application for a Florida real estate sales associate
license. She zoned out and forgot to include her check for the fee. What's the
worst thing that could happen as a result? - ANSWER-Her license could be denied.
The FREC can deny licensure to individuals who - ANSWER-submit incomplete
applications, fail to include the appropriate fees, or make untruthful statements
on the application.
Elaina and Allen just purchased a home using a deed of trust. Which of the
following is most likely true about their home loan? - ANSWER-A trustee will hold
title until the loan is paid.
In the real estate business, whose primary role is to perform a visual inspection of
a property's structure, systems, and site conditions? - ANSWER-home inspector
Roger is the owner/developer of the Seaside housing subdivision development.
He employs Joan to help show and sell the units in his development. Joan receives
a salary but no commission or extra compensation for these services. Which one
