FLORIDA REAL ESTATE SALES ASSOCIATE
EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) PLUS
RATIONALES 2025
1. What is the purpose of the Florida Real Estate Commission (FREC)?
A. To represent brokers in legal matters
B. To write real estate laws
C. To administer and enforce real estate license law
D. To provide continuing education courses
FREC's primary role is to regulate and enforce real estate license law in
Florida.
2. Which type of agent has the broadest authority?
A. Universal agent
B. General agent
C. Special agent
,D. Transaction broker
A universal agent is authorized to act on behalf of another in all matters.
3. A broker must deposit escrow funds within how many business days?
A. 1
B. 2
C. 3
D. 5
Escrow funds must be deposited no later than the third business day
following receipt.
4. How long must a broker retain brokerage relationship disclosure
documents?
A. 1 year
B. 5 years
C. 3 years
D. 7 years
The law requires brokers to retain records for 5 years, or 2 years after
litigation, whichever is longer.
5. What is the penalty for a first-degree misdemeanor under Florida real
estate law?
A. $500 fine
B. 30 days in jail
C. $1,000 fine and/or 1 year in jail
,D. $5,000 administrative fine
The maximum penalty is a $1,000 fine and/or up to one year in jail.
6. When must a sales associate deliver escrow funds to their broker?
A. End of the next business day
B. Within 24 hours
C. Within 3 days
D. Immediately upon receipt
Sales associates must deliver funds to their broker no later than the end of
the next business day.
7. Which document is NOT required to be signed in a transaction broker
relationship?
A. Listing agreement
B. Brokerage relationship disclosure
C. Purchase contract
D. Closing disclosure
Transaction broker relationships do not require written disclosure in
residential transactions.
8. What is a quitclaim deed used for?
A. Guaranteeing title
B. Transferring title with warranties
C. To defend ownership
D. To release interest without warranties
A quitclaim deed conveys any interest the grantor has, without warranties.
, 9. Which lien takes priority in Florida?
A. Mortgage
B. Property tax lien
C. Judgment lien
D. Construction lien
Property tax liens are superior to all other liens, regardless of date.
10. Which of the following is personal property?
A. Built-in microwave
B. Freestanding refrigerator
C. Light fixture
D. Wall-mounted TV bracket
Freestanding items are considered personal property.
11. Which tenancy has the right of survivorship in Florida?
A. Tenancy in common
B. Joint tenancy
C. Tenancy for years
D. Estate at will
Joint tenancy includes the right of survivorship, unlike tenancy in common.
12. What type of contract is formed when a buyer makes an offer and the
seller accepts?
A. Void
B. Valid
C. Unenforceable
EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) PLUS
RATIONALES 2025
1. What is the purpose of the Florida Real Estate Commission (FREC)?
A. To represent brokers in legal matters
B. To write real estate laws
C. To administer and enforce real estate license law
D. To provide continuing education courses
FREC's primary role is to regulate and enforce real estate license law in
Florida.
2. Which type of agent has the broadest authority?
A. Universal agent
B. General agent
C. Special agent
,D. Transaction broker
A universal agent is authorized to act on behalf of another in all matters.
3. A broker must deposit escrow funds within how many business days?
A. 1
B. 2
C. 3
D. 5
Escrow funds must be deposited no later than the third business day
following receipt.
4. How long must a broker retain brokerage relationship disclosure
documents?
A. 1 year
B. 5 years
C. 3 years
D. 7 years
The law requires brokers to retain records for 5 years, or 2 years after
litigation, whichever is longer.
5. What is the penalty for a first-degree misdemeanor under Florida real
estate law?
A. $500 fine
B. 30 days in jail
C. $1,000 fine and/or 1 year in jail
,D. $5,000 administrative fine
The maximum penalty is a $1,000 fine and/or up to one year in jail.
6. When must a sales associate deliver escrow funds to their broker?
A. End of the next business day
B. Within 24 hours
C. Within 3 days
D. Immediately upon receipt
Sales associates must deliver funds to their broker no later than the end of
the next business day.
7. Which document is NOT required to be signed in a transaction broker
relationship?
A. Listing agreement
B. Brokerage relationship disclosure
C. Purchase contract
D. Closing disclosure
Transaction broker relationships do not require written disclosure in
residential transactions.
8. What is a quitclaim deed used for?
A. Guaranteeing title
B. Transferring title with warranties
C. To defend ownership
D. To release interest without warranties
A quitclaim deed conveys any interest the grantor has, without warranties.
, 9. Which lien takes priority in Florida?
A. Mortgage
B. Property tax lien
C. Judgment lien
D. Construction lien
Property tax liens are superior to all other liens, regardless of date.
10. Which of the following is personal property?
A. Built-in microwave
B. Freestanding refrigerator
C. Light fixture
D. Wall-mounted TV bracket
Freestanding items are considered personal property.
11. Which tenancy has the right of survivorship in Florida?
A. Tenancy in common
B. Joint tenancy
C. Tenancy for years
D. Estate at will
Joint tenancy includes the right of survivorship, unlike tenancy in common.
12. What type of contract is formed when a buyer makes an offer and the
seller accepts?
A. Void
B. Valid
C. Unenforceable
