GOLD COAST REAL ESTATE PAST TEST PAPER QUESTIONS
AND ANSWERS 2025/2026 ALL RATED A+
✔✔Real estate brokerage corporation - ✔✔At least one corporate officer must have an
active real estate brokers license
✔✔Summary of business formations - ✔✔Perform brokerage service
Limited partnership
✔✔Second degree misdemeanor - ✔✔False or misleading advertising
✔✔Third degree felonies - ✔✔Acting as a broker or sales associate without a license
and can be fined up to 5000 and/or imprisonment up to five years
✔✔Concealment - ✔✔Keeping important info from the buyer which is illegal
✔✔Culpable negligence - ✔✔Occurs if a broker operates in a reckless, careless, and
excessively negligent manner.
✔✔Formal hearing - ✔✔The administrative law judge can issue subpoenas for
witnesses and compel attendance of a witness
✔✔Judicial Review - ✔✔A review will be filled with the Florida district court of appeals
✔✔The recovery fund - ✔✔This fund is maintained by fees and fines paid by licensee.
✔✔Blockbusting - ✔✔Illegal practice of inducing homeowners to sell their properties by
telling them that a certain people of a certain race, national origin or religion are moving
into the area
✔✔Steering or channeling - ✔✔Steering an individual away from a neighborhood, of
location on the basis of race, color, origin, religion, sex .... etc
✔✔Redlining - ✔✔a practice in which banks refuse to make loans to people living in
certain geographic locations
✔✔Americans with Disabilities Act - ✔✔Passed by Congress in 1991, this act banned
discrimination against the disabled in employment and mandated easy access to all
public and commerical buildings.
✔✔Surety Bond - ✔✔This can be commingled with other funds of the land lord
, ✔✔Return of Security Deposit - ✔✔Upon the tenants vacating of the premises, the
landlord has 15 days to _________ including accrued interest, if any, if there is no
intention of making a claim for damages against the deposit.
✔✔Federal law for solicitation - ✔✔Calls before 8am and after 9pm are subject to a fine
of $40000 per call
✔✔Real property - ✔✔physical property such as land and improvements. Bundle of
rights
Air rights
surface rights
Subsurface rights
✔✔Riparian rights - ✔✔rights that govern the use of flowing water, such as rivers and
streams that pass through or border a property
✔✔accretion - ✔✔The opposite of erosion
Increase of land
✔✔IRMA - ✔✔Interest
Relationship
Method of Annexation
Adaption
If appliances are replaced you sue them using ______
✔✔Estate in severalty - ✔✔owned by one person; sole ownership
✔✔Tenancy in common - ✔✔form of co-ownership in which the shares may be unequal
and there is no right of survivorship
✔✔Joint Tenancy - ✔✔A form of co-ownership that includes the right of survivorship.
✔✔Tenancy for years - ✔✔A non freehold estate where the tenant is in lawful
possession of the property under the landlord for a specified period of time
✔✔Florida Constitution exempts homestead property - ✔✔One half acre if the
homestead is located within a municipality, 160 acres of located outside of a
municipality
Can foreclose if mortgage, property taxes, condo or HOA, and contractor payments are
not payed.
AND ANSWERS 2025/2026 ALL RATED A+
✔✔Real estate brokerage corporation - ✔✔At least one corporate officer must have an
active real estate brokers license
✔✔Summary of business formations - ✔✔Perform brokerage service
Limited partnership
✔✔Second degree misdemeanor - ✔✔False or misleading advertising
✔✔Third degree felonies - ✔✔Acting as a broker or sales associate without a license
and can be fined up to 5000 and/or imprisonment up to five years
✔✔Concealment - ✔✔Keeping important info from the buyer which is illegal
✔✔Culpable negligence - ✔✔Occurs if a broker operates in a reckless, careless, and
excessively negligent manner.
✔✔Formal hearing - ✔✔The administrative law judge can issue subpoenas for
witnesses and compel attendance of a witness
✔✔Judicial Review - ✔✔A review will be filled with the Florida district court of appeals
✔✔The recovery fund - ✔✔This fund is maintained by fees and fines paid by licensee.
✔✔Blockbusting - ✔✔Illegal practice of inducing homeowners to sell their properties by
telling them that a certain people of a certain race, national origin or religion are moving
into the area
✔✔Steering or channeling - ✔✔Steering an individual away from a neighborhood, of
location on the basis of race, color, origin, religion, sex .... etc
✔✔Redlining - ✔✔a practice in which banks refuse to make loans to people living in
certain geographic locations
✔✔Americans with Disabilities Act - ✔✔Passed by Congress in 1991, this act banned
discrimination against the disabled in employment and mandated easy access to all
public and commerical buildings.
✔✔Surety Bond - ✔✔This can be commingled with other funds of the land lord
, ✔✔Return of Security Deposit - ✔✔Upon the tenants vacating of the premises, the
landlord has 15 days to _________ including accrued interest, if any, if there is no
intention of making a claim for damages against the deposit.
✔✔Federal law for solicitation - ✔✔Calls before 8am and after 9pm are subject to a fine
of $40000 per call
✔✔Real property - ✔✔physical property such as land and improvements. Bundle of
rights
Air rights
surface rights
Subsurface rights
✔✔Riparian rights - ✔✔rights that govern the use of flowing water, such as rivers and
streams that pass through or border a property
✔✔accretion - ✔✔The opposite of erosion
Increase of land
✔✔IRMA - ✔✔Interest
Relationship
Method of Annexation
Adaption
If appliances are replaced you sue them using ______
✔✔Estate in severalty - ✔✔owned by one person; sole ownership
✔✔Tenancy in common - ✔✔form of co-ownership in which the shares may be unequal
and there is no right of survivorship
✔✔Joint Tenancy - ✔✔A form of co-ownership that includes the right of survivorship.
✔✔Tenancy for years - ✔✔A non freehold estate where the tenant is in lawful
possession of the property under the landlord for a specified period of time
✔✔Florida Constitution exempts homestead property - ✔✔One half acre if the
homestead is located within a municipality, 160 acres of located outside of a
municipality
Can foreclose if mortgage, property taxes, condo or HOA, and contractor payments are
not payed.
