Real Estate Exam FL Sales Associate
2025/2026 Exam Questions and Correct
Answers | New Update
Absentee Owner - 🧠 ANSWER ✔✔A property owner who does not reside
on the property and who usually relies on a property manager to oversee
the investment
Abstract of Title - 🧠 ANSWER ✔✔A compilation of the recorded documents
relating to a parcel of land from which an attorney may give an opinion as
to the condition of title (a history of title)
Acceleration Clause - 🧠 ANSWER ✔✔A condition in a loan contract that
permits the lender to require immediate repayment of the entire loan
balance of the loan if the contract is breached or conditions for repayment
occur, such as sale or demolition
,Acknowledgment - 🧠 ANSWER ✔✔A written declaration by a person
signing a document, given before an officer authorized to give an oath
(notary public), stating that the signing is the person's voluntary act
Actual notice - 🧠 ANSWER ✔✔Giving oral or written notice, presenting a
deed, giving verbal notice, or physically moving into a property
Ad Valorem - 🧠 ANSWER ✔✔According to value
Adjudication Withheld - 🧠 ANSWER ✔✔When a criminal final judgment is
withheld or not recorded in public record
Adjustable Rate Mortgage (ARM) - 🧠 ANSWER ✔✔A mortgage loan with a
calculated interest rate that may increase or decrease during the term of
the loan
Adverse Possession: - 🧠 ANSWER ✔✔A method of acquiring title by
possession under open, notorious, exclusive, and hostile conditions for
seven or more years
Agent - 🧠 ANSWER ✔✔A person authorized by a principal to act on the
principal's behalf
, Amortized Mortgage - 🧠 ANSWER ✔✔A mortgage loan that is fully repaid
according to a periodic and consistent schedule that includes both principal
and interest
Appraisal - 🧠 ANSWER ✔✔A supported, defended estimate of the value of
property rights as of a given date
Appreciation - 🧠 ANSWER ✔✔An increase in a property's value
Assemblage - 🧠 ANSWER ✔✔The bringing together of two adjoining
parcels of property under one ownership
Arrears - 🧠 ANSWER ✔✔When payment is due at the end of the term
Assignment - 🧠 ANSWER ✔✔A transfer to another of any property, real or
personal, or of any rights or estates in said property
Assumption - 🧠 ANSWER ✔✔The taking over of an existing mortgage by a
buyer
Base Line - 🧠 ANSWER ✔✔The horizontal line that runs east and west
through Tallahassee that is the starting point for all other horizontal lines
north and south of Tallahassee
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
2025/2026 Exam Questions and Correct
Answers | New Update
Absentee Owner - 🧠 ANSWER ✔✔A property owner who does not reside
on the property and who usually relies on a property manager to oversee
the investment
Abstract of Title - 🧠 ANSWER ✔✔A compilation of the recorded documents
relating to a parcel of land from which an attorney may give an opinion as
to the condition of title (a history of title)
Acceleration Clause - 🧠 ANSWER ✔✔A condition in a loan contract that
permits the lender to require immediate repayment of the entire loan
balance of the loan if the contract is breached or conditions for repayment
occur, such as sale or demolition
,Acknowledgment - 🧠 ANSWER ✔✔A written declaration by a person
signing a document, given before an officer authorized to give an oath
(notary public), stating that the signing is the person's voluntary act
Actual notice - 🧠 ANSWER ✔✔Giving oral or written notice, presenting a
deed, giving verbal notice, or physically moving into a property
Ad Valorem - 🧠 ANSWER ✔✔According to value
Adjudication Withheld - 🧠 ANSWER ✔✔When a criminal final judgment is
withheld or not recorded in public record
Adjustable Rate Mortgage (ARM) - 🧠 ANSWER ✔✔A mortgage loan with a
calculated interest rate that may increase or decrease during the term of
the loan
Adverse Possession: - 🧠 ANSWER ✔✔A method of acquiring title by
possession under open, notorious, exclusive, and hostile conditions for
seven or more years
Agent - 🧠 ANSWER ✔✔A person authorized by a principal to act on the
principal's behalf
, Amortized Mortgage - 🧠 ANSWER ✔✔A mortgage loan that is fully repaid
according to a periodic and consistent schedule that includes both principal
and interest
Appraisal - 🧠 ANSWER ✔✔A supported, defended estimate of the value of
property rights as of a given date
Appreciation - 🧠 ANSWER ✔✔An increase in a property's value
Assemblage - 🧠 ANSWER ✔✔The bringing together of two adjoining
parcels of property under one ownership
Arrears - 🧠 ANSWER ✔✔When payment is due at the end of the term
Assignment - 🧠 ANSWER ✔✔A transfer to another of any property, real or
personal, or of any rights or estates in said property
Assumption - 🧠 ANSWER ✔✔The taking over of an existing mortgage by a
buyer
Base Line - 🧠 ANSWER ✔✔The horizontal line that runs east and west
through Tallahassee that is the starting point for all other horizontal lines
north and south of Tallahassee
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
