Florida Real Estate Exam Study
Guide – Practice Questions
with Verified Answers. GRADED
A+. Latest 2026/2027 Update.
The Secretary of the DBPR is appointed by the
A. Florida Real Estate Commission, subject to approval by the DRE director.
B. Director of the DRE, subject to confirmation by the governor.
C. governor, subject to FREC approval.
D. governor, subject to Florida senate confirmation. - Answer✔✔- D. governor,
subject to Florida senate confirmation.
Which deficiency would be classified as external obsolescence?
A. The roof shingles are brittle from exposure to the sun
B. Subterranean termites have infested the wood siding near the concrete
foundation
C. Road dust and traffic noise prevents opening the windows on cool mornings
D. To get to the third bedroom one must walk through the second bedroom -
Answer✔✔- C. Road dust and traffic noise prevents opening the windows on
cool mornings
,How many years is the statute of limitations for a parol contract?
A. Five
B. Four
C. Three
D. Two - Answer✔✔- B. Four
A Baptist church owns a convalescent home for its members. The church only
admits
members of its church to the convalescent home. Which statement is TRUE
regarding this
practice?
A. This is a violation of the Civil Rights Act of 1866.
B. This is a violation of Title VIII of the Civil Rights Act of 1968.
C. This is permissible under the Fair Housing Act.
D. This is permissible only if the church is registered as having exempt status
with the
DBPR. - Answer✔✔- C. This is permissible under the Fair Housing Act.
A seller lists his property with a brokerage company. However, the seller
reserves the right
to NOT pay a commission if he sells the property. What type of listing is this?
A. Exclusive-agency
B. Exclusive-right-of-sale
C. Net
D. Open - Answer✔✔- A. Exclusive-agency
,Which term describes a strip of land that separates residential homes from
commercial
development?
A. Retention area
B. Bufferzone
C. Green Belt strip
D. Wetlands - Answer✔✔- B. Bufferzone
A buyer offered $225,000 for a seller's property. The seller countered at
$250,000. The
buyer did not accept the seller's counteroffer. The seller told her broker
that she was
revoking the counteroffer and accepting the buyer's original offer. Which
statement is
TRUE regarding this situation?
A. The buyer and seller have entered into a contract for $225,000.
B. The seller cannot now accept the original offer because it was killed by the
counteroffer.
C. The seller has breached the buyer's contract, and the buyer can sue to
force the
seller to take a lower price.
D. The seller can revoke her counteroffer and accept the buyer's original
offer up until
the time the buyer rejects the counteroffer. - Answer✔✔- B. The seller cannot
now accept the original offer because it was killed by the
counteroffer.
, A sales associate receives an earnest money deposit on Wednesday morning
and
turns it over to the broker that afternoon. Assuming no legal holidays are
involved, the
broker has until the end of business on which day to place the earnest money
in
escrow?
A. Thursday
B. Friday
C. Monday of the next week
D. The day the sale contract is executed - Answer✔✔- C. Monday of the next
week
Which phrase, when used in credit advertising, is NOT considered to "trigger
term" under the Truth-in-Lending Act?
A. "Owner will finance"
B. "Just one percent down"
C. "$500 down is all it"
D."Only $600 per month" - Answer✔✔- A. "Owner will finance"
A DBPR investigator has the authority to immediately issue
A. a citation.
B. probation.
C. an administrative fine.
D. a stipulation. - Answer✔✔- A. a citation.
Guide – Practice Questions
with Verified Answers. GRADED
A+. Latest 2026/2027 Update.
The Secretary of the DBPR is appointed by the
A. Florida Real Estate Commission, subject to approval by the DRE director.
B. Director of the DRE, subject to confirmation by the governor.
C. governor, subject to FREC approval.
D. governor, subject to Florida senate confirmation. - Answer✔✔- D. governor,
subject to Florida senate confirmation.
Which deficiency would be classified as external obsolescence?
A. The roof shingles are brittle from exposure to the sun
B. Subterranean termites have infested the wood siding near the concrete
foundation
C. Road dust and traffic noise prevents opening the windows on cool mornings
D. To get to the third bedroom one must walk through the second bedroom -
Answer✔✔- C. Road dust and traffic noise prevents opening the windows on
cool mornings
,How many years is the statute of limitations for a parol contract?
A. Five
B. Four
C. Three
D. Two - Answer✔✔- B. Four
A Baptist church owns a convalescent home for its members. The church only
admits
members of its church to the convalescent home. Which statement is TRUE
regarding this
practice?
A. This is a violation of the Civil Rights Act of 1866.
B. This is a violation of Title VIII of the Civil Rights Act of 1968.
C. This is permissible under the Fair Housing Act.
D. This is permissible only if the church is registered as having exempt status
with the
DBPR. - Answer✔✔- C. This is permissible under the Fair Housing Act.
A seller lists his property with a brokerage company. However, the seller
reserves the right
to NOT pay a commission if he sells the property. What type of listing is this?
A. Exclusive-agency
B. Exclusive-right-of-sale
C. Net
D. Open - Answer✔✔- A. Exclusive-agency
,Which term describes a strip of land that separates residential homes from
commercial
development?
A. Retention area
B. Bufferzone
C. Green Belt strip
D. Wetlands - Answer✔✔- B. Bufferzone
A buyer offered $225,000 for a seller's property. The seller countered at
$250,000. The
buyer did not accept the seller's counteroffer. The seller told her broker
that she was
revoking the counteroffer and accepting the buyer's original offer. Which
statement is
TRUE regarding this situation?
A. The buyer and seller have entered into a contract for $225,000.
B. The seller cannot now accept the original offer because it was killed by the
counteroffer.
C. The seller has breached the buyer's contract, and the buyer can sue to
force the
seller to take a lower price.
D. The seller can revoke her counteroffer and accept the buyer's original
offer up until
the time the buyer rejects the counteroffer. - Answer✔✔- B. The seller cannot
now accept the original offer because it was killed by the
counteroffer.
, A sales associate receives an earnest money deposit on Wednesday morning
and
turns it over to the broker that afternoon. Assuming no legal holidays are
involved, the
broker has until the end of business on which day to place the earnest money
in
escrow?
A. Thursday
B. Friday
C. Monday of the next week
D. The day the sale contract is executed - Answer✔✔- C. Monday of the next
week
Which phrase, when used in credit advertising, is NOT considered to "trigger
term" under the Truth-in-Lending Act?
A. "Owner will finance"
B. "Just one percent down"
C. "$500 down is all it"
D."Only $600 per month" - Answer✔✔- A. "Owner will finance"
A DBPR investigator has the authority to immediately issue
A. a citation.
B. probation.
C. an administrative fine.
D. a stipulation. - Answer✔✔- A. a citation.
