FLORIDA REAL ESTATE EXAM| ACTUAL EXAM QUESTIONS
AND ACCURATE ANSWERS|EXPERT VERIFIED FOR
GUARANTEED PASS|LATEST UPDATE
To qualify for a real estate broker's license, an applicant must have been employed for a
minimum of:
a. 6 months under one actively licensed broker
b. 12 months under one actively licensed broker
c. 12 months under 1 or more actively licensed brokers
d. 6 months under 1 or more actively lisensed broker
- CORRECT ANSWER - c. 12 months under 1 or more actively licensed brokers
How many hours of post license education are required to renew a brokers license? - CORRECT
ANSWER - 60 hours
How long can an voluntary inactive licensee remain in that lisence status? - CORRECT
ANSWER – indefinately
The agreement the state of Florida has w/ some other states that recognises the similarity in
education and experience required of licensees is called:
a.reciprocity
b. mutual recognition
c. cooperative licensure
d. intrastate licensing
- CORRECT ANSWER - b. mutual recognition
A plumber has been appointed by a court to appraise a small business. The plumber.......
a. is in violation of F.S. 475
b. is allowed to charge a commission
,c. may do so and be paid a fee
d. must first be licensed under F.S. 475, Part II
- CORRECT ANSWER - c. may do so and be paid a fee
A Georgia Auctioneer was asked by a local real estate broker to auction a small motel in
Jacksonville. The auction did not result in a sale. The Florida broker paid the auctioneer for out-
of-pocket expenses, but did not pay a commission. It would be correct to say that the:
a. Georgia Autioneer violated the license law
b. Florida Broker did not violate the license law
c. Florida broker is not subject to discipline by the Florida real estate commision
d. tranaction is perfectly within the license law
- CORRECT ANSWER - a. Georgia Autioneer violated the license law
The Commission's ability to impose disciplinary actions against licensees is known as ______
_________ power - CORRECT ANSWER - quasi - judicial
The rule-making authority of the FREC is called ______ _________ power - CORRECT
ANSWER - quasi - legislative
Members of the Florida Real estate Commission may serve no more than _____ consecutive
terms - CORRECT ANSWER - 2
A licensee that fails to renew when required to do so will have his or her license placed on
_______ ________ - CORRECT ANSWER - involuntary Inactive
Licensees that are members of the armed forces have all fees, dues and other requirements
waived during their military service and for _____ months after returning to civilian life -
CORRECT ANSWER - 6
The division of Real Estate is an administrative part of the department of:
a. State
,b. Commerce
c. Banking
d. Business and Professional Regulation
- CORRECT ANSWER - d. Business and Professional Regulation
which department issues real estate licenses?
a. state
b. Business and Professional Regulation
c. Revenue
d. Real Estate
- CORRECT ANSWER - b. Business and Professional Regulation
Which information supplied by an applicant is Public Record?
a. financial Information
b. test scores
c. name and address
d. medical information
- CORRECT ANSWER - c. name and address
The Florida Real Estate Commission held a meeting for the purpose of passing a new rule. This
is an exercise of which Commission power?
a. executive
b. quasi-legislative
c. quasi-judicial
d. ministerial
- CORRECT ANSWER - b. quasi-legislative
When is a request for the renewal of a license effective?
, a. when recieved by the department
b. the day following the experation
c. on the date the application is mailed
d. on the date indicated on the license
- CORRECT ANSWER - a. when recieved by the department
A real estate license expires
a. on the date shown on the license
b. every 2 years
c. on the effective date
d. at the end of 1 year
- CORRECT ANSWER - a. on the date shown on the license
A sales associate failed to complete required postlicense education prior to expiration of the
license period. What is the status of license?
a. active
b. voluntary inactive
c. involuntary inactive
d. null and void
- CORRECT ANSWER - d. null and void
one or more sales associates, each titled "designated sale associate' may be designated to act as
agents for the seller, and one or more may be designated to act as agents of the _________ -
CORRECT ANSWER - buyer
What federal law that makes illegal the discussion or establishment of a uniform price or fee for
services in any industry? No fixed fees - CORRECT ANSWER - Sherman-Clayton Anti-trust
Act
AND ACCURATE ANSWERS|EXPERT VERIFIED FOR
GUARANTEED PASS|LATEST UPDATE
To qualify for a real estate broker's license, an applicant must have been employed for a
minimum of:
a. 6 months under one actively licensed broker
b. 12 months under one actively licensed broker
c. 12 months under 1 or more actively licensed brokers
d. 6 months under 1 or more actively lisensed broker
- CORRECT ANSWER - c. 12 months under 1 or more actively licensed brokers
How many hours of post license education are required to renew a brokers license? - CORRECT
ANSWER - 60 hours
How long can an voluntary inactive licensee remain in that lisence status? - CORRECT
ANSWER – indefinately
The agreement the state of Florida has w/ some other states that recognises the similarity in
education and experience required of licensees is called:
a.reciprocity
b. mutual recognition
c. cooperative licensure
d. intrastate licensing
- CORRECT ANSWER - b. mutual recognition
A plumber has been appointed by a court to appraise a small business. The plumber.......
a. is in violation of F.S. 475
b. is allowed to charge a commission
,c. may do so and be paid a fee
d. must first be licensed under F.S. 475, Part II
- CORRECT ANSWER - c. may do so and be paid a fee
A Georgia Auctioneer was asked by a local real estate broker to auction a small motel in
Jacksonville. The auction did not result in a sale. The Florida broker paid the auctioneer for out-
of-pocket expenses, but did not pay a commission. It would be correct to say that the:
a. Georgia Autioneer violated the license law
b. Florida Broker did not violate the license law
c. Florida broker is not subject to discipline by the Florida real estate commision
d. tranaction is perfectly within the license law
- CORRECT ANSWER - a. Georgia Autioneer violated the license law
The Commission's ability to impose disciplinary actions against licensees is known as ______
_________ power - CORRECT ANSWER - quasi - judicial
The rule-making authority of the FREC is called ______ _________ power - CORRECT
ANSWER - quasi - legislative
Members of the Florida Real estate Commission may serve no more than _____ consecutive
terms - CORRECT ANSWER - 2
A licensee that fails to renew when required to do so will have his or her license placed on
_______ ________ - CORRECT ANSWER - involuntary Inactive
Licensees that are members of the armed forces have all fees, dues and other requirements
waived during their military service and for _____ months after returning to civilian life -
CORRECT ANSWER - 6
The division of Real Estate is an administrative part of the department of:
a. State
,b. Commerce
c. Banking
d. Business and Professional Regulation
- CORRECT ANSWER - d. Business and Professional Regulation
which department issues real estate licenses?
a. state
b. Business and Professional Regulation
c. Revenue
d. Real Estate
- CORRECT ANSWER - b. Business and Professional Regulation
Which information supplied by an applicant is Public Record?
a. financial Information
b. test scores
c. name and address
d. medical information
- CORRECT ANSWER - c. name and address
The Florida Real Estate Commission held a meeting for the purpose of passing a new rule. This
is an exercise of which Commission power?
a. executive
b. quasi-legislative
c. quasi-judicial
d. ministerial
- CORRECT ANSWER - b. quasi-legislative
When is a request for the renewal of a license effective?
, a. when recieved by the department
b. the day following the experation
c. on the date the application is mailed
d. on the date indicated on the license
- CORRECT ANSWER - a. when recieved by the department
A real estate license expires
a. on the date shown on the license
b. every 2 years
c. on the effective date
d. at the end of 1 year
- CORRECT ANSWER - a. on the date shown on the license
A sales associate failed to complete required postlicense education prior to expiration of the
license period. What is the status of license?
a. active
b. voluntary inactive
c. involuntary inactive
d. null and void
- CORRECT ANSWER - d. null and void
one or more sales associates, each titled "designated sale associate' may be designated to act as
agents for the seller, and one or more may be designated to act as agents of the _________ -
CORRECT ANSWER - buyer
What federal law that makes illegal the discussion or establishment of a uniform price or fee for
services in any industry? No fixed fees - CORRECT ANSWER - Sherman-Clayton Anti-trust
Act
