Florida Broker Exam With complete solution New!! 2025/2026 RATED A+

Florida Broker Exam With complete solution New!!
2025/2026 RATED A+
Executive Branch of Florida Government (including the DBPR) - Correct Answers Florida Statue
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Chapter 20
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Il` The law is often referred to as the Real Estate Practice Act - Correct Answers Florida Statute
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Il` Chapter 475 Il`




Il` The law that was established for Real Estate Brokers, sales associates, and appraisers - Correct
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Il` Answers Florida Statue Chapter 475 Il` Il` Il` Il` Il` Il` Il`




Il` Part I of the Florida statue 475 pertains to: - Correct Answers Real estate brokerages
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Il` Part II of the Florida Statue 475 pertains to: - Correct Answers Real estate appraisers and sets for
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Il` the requirements for FL licensed and certified appraisers
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Il` Part III of Chapter 475 pertains to: - Correct Answers The Commercial Real Estate Lien Act, Gives
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Il` broker lien rights for earned commission. This act applies only to the commercial property (not
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Il` residential property) Il`




Il` The Commercial Real Estate Sales Commission Lien Act - Correct Answers The right to place
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Il` against owner's net proceeds(personal property) from the sale and does not attach to the
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Il` commercial real property. Il` Il`




Il` Part IV, of Chapter 475, Commercial Real Estate Leasing Commission Lien Act - Correct Answers
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Il` Give a broker lien rights for earned commission associated with a brokerage agreement to lease
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Il` commercial real estate Il` Il`

,Il` Florida State 455 Regulation of Professions and Occupations - Correct Answers Department of
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Il` Business and Professional Regulation and the professions under the department
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Il` Florida Statue Chapter 120 - Correct Answers Procedural process for all governmental entities
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Il` authorized under the Florida constitution. The licensing and disciplinary process for real estate
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Il` licensees is outlined in this chapter. Il` Il` Il` Il` Il`




Il` Florida Administrative Code Chapter 61J2 - Correct Answers Florida Real Estate Commission
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Il` Rules



Il` A person who performs real estate services for compensation but who does so under the
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Il` direction, control, or management of a broker or an owner developer. - Correct Answers Sales
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Il` Associate



Il` An individual who is qualified to be issued a broker's license but who operates as a sales associate
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Il` in the employ of another - Correct Answers Broker Associate
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Il` An unlicensed entity that sells, exchanges, or leases it own property - Correct Answers Owner
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Il` Developer



Il` What are some rules of staff of owner developer? - Correct Answers Sales associates must have
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Il` an active real estate license in order to receive a commission. Sales staffed is exempted from
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Il` licensure if paid strictly a salary. Il` Il` Il` Il` Il`




Il` "Let the Buyer Beware" - Correct Answers Caveat emptor
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Il` Licensees applicants Requirements: - Correct Answers Background check of any crimes
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Must disclose prior convictions including if a court action was (adjudicated) withheld
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disclose on the application any other name or alias, including maiden name
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,18 years old Il` Il`




high school diploma or equivalent Il` Il` Il` Il`




possess a Social Security Number Il` Il` Il` Il`




Be of good character Il` Il` Il`




Have not violated a Chapter 475 within 1 year prior to application.
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Il` How long is the license application good for? - Correct Answers 2 years from the date of the
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Il` completed application received by the DBPR Il` Il` Il` Il` Il`




Il` "no contest" - Correct Answers Nolo contendere
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Il` a process by which the record of criminal conviction is destroyed or sealed after expiration of time
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Il` - Correct Answers Expungement
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Il` A 30 day period is allowed after receipt of the application to check for errors and omissions and to
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Il` send the applicant a _________ concerning any additional information required. - Correct
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Il` Answers Notice of insuffiency Il` Il` Il` Il` Il` Il`




Il` Do you have to be a US citizen to apply for a FL real estate license? - Correct Answers No
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Il` Requirements for Nonresidents applicant requirements - Correct Answers US citizenship is not Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il`




Il` required(must possess a SS#) Il` Il` Il`




Do not have to be a FL resident(must indicate nonresident)
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Il` When a licensee moves out of state (becomes a non residents) they must notify the Commission
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Il` within - Correct Answers 60 days Il` Il` Il` Il` Il` Il` Il` Il` Il`

, Il` an agreement between two states that allows a real estate licensee with a valid license in one of
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Il` the states to practice real estate in both states. - Correct Answers Reciprocity
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Il` a contract between two states that recognize each other's real estate education. - Correct
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Il` Answers mutual recognition agreements Il` Il` Il` Il` Il` Il`




Il` Mutual recognition applicants must demonstrate knowledge of the Florida's real estate laws by -
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Il` Correct Answers passing a license exam that consists of 40 question concern FL real estate law
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Il` A person who has resided in FL continuously for a period of four calendar months or more with
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Il` the preceding year, regardless of in an RV, hotel, rental unit etc - Correct Answers Resident
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Il` A real estate applicant is required to have what to apply for the RE license? - Correct Answers
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Il` Social Security card Il` Il`




Il` A student can miss how much time from the Pre-license course? - Correct Answers 8 hrs
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Il` Students taking the pre-licensing course must pass the end of course exam with a grade of -
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Il` Correct Answers 70 or higher Il` Il` Il` Il` Il` Il` Il`




Il` Eight real estate activities that require a license - Correct Answers A ADVERTISE REAL ESTATE
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Il` SERVICES

B BUY Il`




A APPRAISE Il`




R RENT OR PROVIDE RENTAL INFORMATION OR LISTS
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S SELLIl`




A AUCTION Il`




L LEASE
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