2024 Questions with Accurate
Answers
Chapter 20 - ANSWERSEstablishes the structure of the executive branch of Florida
government
Chapter 475, Part 1 - ANSWERSReal Estate Brokerage (FREC)
Chapter 475, Part II - ANSWERSReal Estate Appraisal (FREAB)
Chapter 475, Part III - ANSWERSCommercial Real Estate Sales Commission Lien Act
Chapter 475, Part IV - ANSWERSCommercial Real Estate Leasing Commission Lien
Act
Chapter 455 - ANSWERSDefines practices and procedures of the Department of
Business and Professional Regulation (DBPR) and all licensees
Chapter 120 - ANSWERSAdministrative Procedures Act defines the process by which
regulatory agencies decide and implement agency action
Chapter 61J2, Florida Administrative Code - ANSWERSRules of the Florida Real Estate
Commission
What are the two applicant agendas? Which is a nonappearance agenda and which is
an appearance agenda? - ANSWERSConsent agenda (nonappearance) and Summary
of Applicant (SOA, applicant appearance agenda)
What is the time period allowed for the DBPR to check an application for errors and
omissions? - ANSWERS30 days
Theft of a license exam or unauthorized copying of an exam is what type of crime? -
ANSWERSThird degree felony
What is a Mutual Recognition Agreement? - ANSWERSA written agreement between
the FREC and another state or jurisdiction with mutual education and experience
Who do Mutual Recognition Agreements apply to? - ANSWERSNonresidents licensed
in other jurisdictions that have a written agreement with the FREC
, What education and exam requirements must be completed for applicants under a
mutual recognition agreement? - ANSWERSApplicants must pass a 40 question,
Florida specific real estate law exam with a grade of 75% or higher and complete the
post-licensing requirement
What are the sales associate qualifications for license? - ANSWERSMust be 18 years
of age or older;
Earned a high school diploma or equivalent;
Possess and U.S. social security number;
Be honest, truthful, trustworthy of good character, reputation for fair dealing;
Be competent and qualified to make real estate transactions
Who is exempt from the pre-license course requirement? - ANSWERSIndividuals with a
four year degree or higher in real estate from an accredited institution of higher
education (but they must pass the license exam) and attorneys who are active members
of The Florida Bar (but they must pass the license exam)
What is a passing score on the license exam? - ANSWERSA grade of 75 or higher
What is the post-license education requirement for sales associates? -
ANSWERSCompletion of the 45 hour post-license course before the expiration of the
initial license
What happens if the licensee fails to complete the post-license requirement prior to the
expiration date? - ANSWERSThe license becomes null and void
What must sales associates who do not complete the post-licensing requirement do? -
ANSWERSRequalify for licensure by completing Course I again and passing the state
license exam
Do Florida-licensed attorneys who are also licensed real estate sales associate need to
complete the post-licensing education requirement? - ANSWERSYes
Who is exempt from the post-license education requirement? - ANSWERSIndividuals
with a four-year degree or higher in real estate from an accredited institution of higher
education
Hardship cases approved by the FREC allow licensees an additional ________ month
period following the initial license expiration to complete the post-license education -
ANSWERSSix
What continuing education courses are required as part of the 14 hour continuing
education requirement? - ANSWERSBusiness Ethics (3 hours) and Core Law (3 hours)
Attorneys who are active members of the Florida Bar are exempt from... -
ANSWERSCourse 1 (sales associate) and Continuing Education