FL Real Estate Laws & Rules REVISED AND
UPDATED FOR 2026/2027 ACTUAL EXAM
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!!
Save
Terms in this set (23)
Florida Statute 20 Chapter 20, Establishes the structure of the executive branch of
Organizational Structure Florida's government. The Florida Constitution
provides for the legislative, executive, and judicial
branches of government. The executive branch
executes the programs and policies adopted by
the Legislature. The policies are implemented by
the departments of the executive branch, including
the Department of Business and Professional
Regulation (DBPR). The Division of Real Estate
(DRE) provides support services to the
Commission. The DRE is under the Department of
Business and Professional Regulation (DBPR)
, Florida Statute Chapter 475; This statute establishes the legal rights and
The "Real Estate Professional responsibilities of real estate licensees and real
Practice Act" estate appraisers. It is divided into 4 parts:
- Real Estate Brokerage (licensees should know this
content). The Florida Real Estate Commission
(FREC) implements, interprets, and enforces the
regulatory provisions of Chapter 475.
- Real Estate Appraisers - sets forth the
requirements for licensed and certified appraisers
according to federal statute. The Florida Real
Estate Appraisal Board (FREAB) regulates state-
certified, licensed, and registered trainee
appraisers. The FREAB functions very similarly to
the Florida Real Estate Commission (FREC). Both
quasi-judicial bodies follow the same procedures
for disciplining licensees.
- Commercial Real Estate Sales Commission Lien
Act - gives a broker lien rights for earned
commission. Applies only to commercial property,
not residential property. The lien is only against the
owner's net proceeds (personal property) from the
sale and does not attach to the commercial real
property
- Commercial Real Estate Leasing Commission Lien
Act - gives a broker lien rights for earned
commission associated with a brokerage
agreement to lease commercial real estate
UPDATED FOR 2026/2027 ACTUAL EXAM
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!!
Save
Terms in this set (23)
Florida Statute 20 Chapter 20, Establishes the structure of the executive branch of
Organizational Structure Florida's government. The Florida Constitution
provides for the legislative, executive, and judicial
branches of government. The executive branch
executes the programs and policies adopted by
the Legislature. The policies are implemented by
the departments of the executive branch, including
the Department of Business and Professional
Regulation (DBPR). The Division of Real Estate
(DRE) provides support services to the
Commission. The DRE is under the Department of
Business and Professional Regulation (DBPR)
, Florida Statute Chapter 475; This statute establishes the legal rights and
The "Real Estate Professional responsibilities of real estate licensees and real
Practice Act" estate appraisers. It is divided into 4 parts:
- Real Estate Brokerage (licensees should know this
content). The Florida Real Estate Commission
(FREC) implements, interprets, and enforces the
regulatory provisions of Chapter 475.
- Real Estate Appraisers - sets forth the
requirements for licensed and certified appraisers
according to federal statute. The Florida Real
Estate Appraisal Board (FREAB) regulates state-
certified, licensed, and registered trainee
appraisers. The FREAB functions very similarly to
the Florida Real Estate Commission (FREC). Both
quasi-judicial bodies follow the same procedures
for disciplining licensees.
- Commercial Real Estate Sales Commission Lien
Act - gives a broker lien rights for earned
commission. Applies only to commercial property,
not residential property. The lien is only against the
owner's net proceeds (personal property) from the
sale and does not attach to the commercial real
property
- Commercial Real Estate Leasing Commission Lien
Act - gives a broker lien rights for earned
commission associated with a brokerage
agreement to lease commercial real estate
