Level 5 RE Questions 100 2026
Exam Questions and Verified
Answers | Already Graded A+
Raising the professional and ethical standards of real estate licensees is
one goal of the - 🧠ANSWER ✔✔National Association of Realtors
Reference: The NAR has a strict Code of Ethics and members pledge to
deal fairly and honestly with their clients, with other real estate
professionals, and with the public.
,Karen's sales specialty involves the knowledge of regulated land use,
environmental considerations, transportation, labor costs and utility
charges. Her field of specialty is - 🧠ANSWER ✔✔industrial
Reference: Industrial property specialists need knowledge of government
regulations regarding land use, transportation, the environment, and local
costs for labor and utilities.
A property manager generally does all of these except - 🧠ANSWER
✔✔representation of the tenant
Reference: Property management involves the management of a property's
income and expenses.
USA Bank contacted Aubrey, a sales associate with Blue Skies Realty, to
do a Broker Price Opinion (BPO). The fee for the BPO was small so the
bank paid Aubrey directly. This is - 🧠ANSWER ✔✔illegal, since sales
associate violated Chapter 475, F.S
,Reference: Sales associates may prepare CMAs and BPOs under the
direction, control, and management of their broker, but their compensation
is paid to them by the broker
A post-licensing education course must be successfully completed by sales
associates - 🧠ANSWER ✔✔before the first renewal of their license
Reference: The licensee has two years, or the time between license
activation and renewal, to complete post-licensing education.
If a sales associate does not successfully complete the post-licensing
course requirement but wants to remain in the real estate business, he or
she is required to requalify for licensure by - 🧠ANSWER ✔✔repeating the
pre-licensure class and passing the end-of-course examination as well as
the state licensure examination again.
Reference: The license is void if post-licensing education is not complete
within 24 months, so the pre-licensing course and examination and state
examination must be taken again.
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, The Florida Statutes that define the general legal practice and procedure
for the Department of Business and Professional Regulation (DBPR) and
the licensees of all professions, including real estate, are Chapter 475 and
Chapter - 🧠ANSWER ✔✔455
Reference: Florida Statute Chapter 455 outlines general legal practice and
procedure for the DBPR and sets forth the requirements concerning license
examinations and the use of professional testing services.
Julie is employed by Sand Dollar Syndicators. She sells and leases only
properties owned by Sand Dollar. Her earnings are based on her sale and
lease activity. According to Florida Law, is Julie exempt from licensing
requirements? - 🧠ANSWER ✔✔No, she must comply with all licensing
requirements
Reference: Performing real estate services and being compensated for
those services requires a real estate license
Exam Questions and Verified
Answers | Already Graded A+
Raising the professional and ethical standards of real estate licensees is
one goal of the - 🧠ANSWER ✔✔National Association of Realtors
Reference: The NAR has a strict Code of Ethics and members pledge to
deal fairly and honestly with their clients, with other real estate
professionals, and with the public.
,Karen's sales specialty involves the knowledge of regulated land use,
environmental considerations, transportation, labor costs and utility
charges. Her field of specialty is - 🧠ANSWER ✔✔industrial
Reference: Industrial property specialists need knowledge of government
regulations regarding land use, transportation, the environment, and local
costs for labor and utilities.
A property manager generally does all of these except - 🧠ANSWER
✔✔representation of the tenant
Reference: Property management involves the management of a property's
income and expenses.
USA Bank contacted Aubrey, a sales associate with Blue Skies Realty, to
do a Broker Price Opinion (BPO). The fee for the BPO was small so the
bank paid Aubrey directly. This is - 🧠ANSWER ✔✔illegal, since sales
associate violated Chapter 475, F.S
,Reference: Sales associates may prepare CMAs and BPOs under the
direction, control, and management of their broker, but their compensation
is paid to them by the broker
A post-licensing education course must be successfully completed by sales
associates - 🧠ANSWER ✔✔before the first renewal of their license
Reference: The licensee has two years, or the time between license
activation and renewal, to complete post-licensing education.
If a sales associate does not successfully complete the post-licensing
course requirement but wants to remain in the real estate business, he or
she is required to requalify for licensure by - 🧠ANSWER ✔✔repeating the
pre-licensure class and passing the end-of-course examination as well as
the state licensure examination again.
Reference: The license is void if post-licensing education is not complete
within 24 months, so the pre-licensing course and examination and state
examination must be taken again.
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, The Florida Statutes that define the general legal practice and procedure
for the Department of Business and Professional Regulation (DBPR) and
the licensees of all professions, including real estate, are Chapter 475 and
Chapter - 🧠ANSWER ✔✔455
Reference: Florida Statute Chapter 455 outlines general legal practice and
procedure for the DBPR and sets forth the requirements concerning license
examinations and the use of professional testing services.
Julie is employed by Sand Dollar Syndicators. She sells and leases only
properties owned by Sand Dollar. Her earnings are based on her sale and
lease activity. According to Florida Law, is Julie exempt from licensing
requirements? - 🧠ANSWER ✔✔No, she must comply with all licensing
requirements
Reference: Performing real estate services and being compensated for
those services requires a real estate license
