Exam Questions with 100% Verified Correct Answers
Florida Real Estate License Course — Final Exam | Property Law, Real Estate Practices, Math
Calculations, Contracts, Ethics, and Agency | Expert-Verified Q&A | State Exam-Ready
Introduction
This document provides the most recent and accurate questions and answers from the Florida
Real Estate U Final Exam, updated for the 2025/2026 testing cycle. Topics include real estate
principles and practices, property ownership, Florida real estate law, contracts, ethics, agency
relationships, financing, and property valuation. Every answer included is verified for
correctness and aligned with current Florida licensing standards.
Answer Format
All correct answers are clearly displayed in bold and green, reflecting mastery of real estate
laws, ethical practices, and licensing requirements in Florida.
Florida Real Estate U Final Exam Q&A | Updated 2025/2026 |
State-Compliant | Pass with Confidence
1. What is the primary purpose of a deed?
a) To establish a mortgage
b) To transfer legal title to real property
c) To create a lease agreement
d) To record a lien
b) To transfer legal title to real property
Rationale: A deed is a legal document that conveys ownership (title) of real property from the
grantor to the grantee.
2. Which type of listing agreement gives one broker the exclusive right to
sell a property?
a) Open Listing
b) Exclusive Agency Listing
c) Exclusive Right of Sale Listing
d) Net Listing
,c) Exclusive Right of Sale Listing
Rationale: An Exclusive Right of Sale Listing ensures one broker earns a commission regardless
of who sells the property.
3. A buyer makes an offer, and the seller counters. What happens to the
original offer?
a) It remains valid
b) It is void
c) It becomes a contract
d) It is binding
b) It is void
Rationale: A counteroffer rejects the original offer, rendering it void unless the buyer accepts
the counteroffer.
4. What is the Florida law that requires written disclosures about agency
relationships?
a) Chapter 720, Florida Statutes
b) Chapter 475, Florida Statutes
c) Chapter 455, Florida Statutes
d) Chapter 689, Florida Statutes
b) Chapter 475, Florida Statutes
Rationale: Chapter 475 governs real estate practices, including mandatory agency disclosures.
5. How many hours of post-licensing education are required for a sales
associate in Florida?
a) 28 hours
b) 45 hours
c) 60 hours
d) 72 hours
b) 45 hours
Rationale: Sales associates must complete 45 hours of post-licensing education within the first
two years.
6. What is the minimum age to obtain a real estate sales associate license in
Florida?
a) 16
b) 18
c) 21
d) 25
b) 18
Rationale: Applicants must be at least 18 years old to qualify for a Florida real estate license.
7. A property owner employs a contractor to build a home to their
specifications. This is known as what type of construction?
a) Tract
b) Custom
, c) Speculative
d) Subdivision
b) Custom
Rationale: Custom construction involves building to the owner’s specific requirements.
8. What does the term ‘Caveat Emptor’ mean in real estate transactions?
a) Buyer beware
b) Seller beware
c) Broker beware
d) Full disclosure
a) Buyer beware
Rationale: Caveat Emptor means the buyer must inspect the property, except in single-agency
cases requiring full disclosure.
9. How many years must a broker retain disclosure documents?
a) 2 years
b) 3 years
c) 5 years
d) 7 years
c) 5 years
Rationale: Florida law mandates brokers retain disclosure documents for 5 years.
10. What is the maximum number of days a timeshare purchaser has to
cancel a contract without penalty?
a) 3 days
b) 7 days
c) 10 days
d) 15 days
c) 10 days
Rationale: Florida law grants a 10-day cancellation period for timeshare contracts.
11. A sales associate receives a deposit on Friday at 9 PM, and Monday is a
holiday. When must the deposit be delivered to the broker?
a) Friday
b) Saturday
c) Tuesday
d) Wednesday
c) Tuesday
Rationale: Deposits must be delivered by the end of the next business day; Tuesday follows a
holiday Monday.
12. What is the seizin clause in a warranty deed?
a) A promise to defend title
b) A promise that the grantor owns the property
c) A promise of no liens
d) A promise of quiet enjoyment