FREC Study Guide Questions With
Correct Answers
Identify the information on the Subdivision Plat Map - CORRECT ANSWER✔✔-An
engineer's plan for land use superimposed on a map to be developed .
Distinguish among the three categories of residential construction. - CORRECT
ANSWER✔✔-Speculative (spec) homes- building without buyer in advance of
construction, Custom home- constructs home with a buyer using plans, Tract
homes- model homes
Cite the fee waiver for military veterans and their spouses. - CORRECT
ANSWER✔✔-The DBPR has the authority to waive the application, license, and
unlicensed activity fees for military veterans and their spouses who apply for a
real estate license within 60 months after honorable discharged. This fee waiver
does not include the examination fee and finger processing fee.
What criminal history must be disclosed on the real estate license application? -
CORRECT ANSWER✔✔-1)Whether the applicant has ever been convicted or found
guilty of a crime, ever entered a plea of guilty or nolo contendere (no contest) to a
crime or is currently under criminal investigation. 2) Ever done business under any
name other than the name signed on the application.
3) Had a disciplinary action against a license to practice a regulated profession
(including revocation, annulment, suspension, relinquishment, surrender, or
pending investigation against a professional license). 4) Had an application for a
real estate license denied or there is pending proceeding to deny an application.
, Know the purpose of requiring applicants to have a U.S. Social Security number. -
CORRECT ANSWER✔✔-To determine whether applicants are in compliance with
child support obligations.
Know the experience of requirements necessary to obtain a Florida broker's
license. - CORRECT ANSWER✔✔-Must have held an active real estate license for at
least 24 months during a five-year period proceeding the application to become a
Florida real estate broker.
Name the individuals exempt from licensure under FS 475. - CORRECT
ANSWER✔✔-Persons who: sell cemetery plots, rent lots in a mobile home park ,
attorneys-at-law in a attorney-client relationship, certified public accountants,
person who has power of attorney (attorney in fact), owners of time-shares, state-
certified and licensed real estate appraisers who are licensed under 475, Part II,
court-appointed individuals, hotel/motel clerks, federally regulated banks and
dealers registered with the Securities and Exchange Commission(SEC), apartment
property owners/management firms paying finders fee of no more than $50 to a
tenant
Identify who appoints and confirms the DBPR secretary. - CORRECT ANSWER✔✔-
Appointed by the governor, confirmed by the state senate
Be aware of the penalties that the FREC may NOT impose - CORRECT
ANSWER✔✔-May not impose imprisonment; but may evoke your license
Describe the regulations regarding activating an involuntary inactive license. -
CORRECT ANSWER✔✔-May activate their license during the two-year period
Correct Answers
Identify the information on the Subdivision Plat Map - CORRECT ANSWER✔✔-An
engineer's plan for land use superimposed on a map to be developed .
Distinguish among the three categories of residential construction. - CORRECT
ANSWER✔✔-Speculative (spec) homes- building without buyer in advance of
construction, Custom home- constructs home with a buyer using plans, Tract
homes- model homes
Cite the fee waiver for military veterans and their spouses. - CORRECT
ANSWER✔✔-The DBPR has the authority to waive the application, license, and
unlicensed activity fees for military veterans and their spouses who apply for a
real estate license within 60 months after honorable discharged. This fee waiver
does not include the examination fee and finger processing fee.
What criminal history must be disclosed on the real estate license application? -
CORRECT ANSWER✔✔-1)Whether the applicant has ever been convicted or found
guilty of a crime, ever entered a plea of guilty or nolo contendere (no contest) to a
crime or is currently under criminal investigation. 2) Ever done business under any
name other than the name signed on the application.
3) Had a disciplinary action against a license to practice a regulated profession
(including revocation, annulment, suspension, relinquishment, surrender, or
pending investigation against a professional license). 4) Had an application for a
real estate license denied or there is pending proceeding to deny an application.
, Know the purpose of requiring applicants to have a U.S. Social Security number. -
CORRECT ANSWER✔✔-To determine whether applicants are in compliance with
child support obligations.
Know the experience of requirements necessary to obtain a Florida broker's
license. - CORRECT ANSWER✔✔-Must have held an active real estate license for at
least 24 months during a five-year period proceeding the application to become a
Florida real estate broker.
Name the individuals exempt from licensure under FS 475. - CORRECT
ANSWER✔✔-Persons who: sell cemetery plots, rent lots in a mobile home park ,
attorneys-at-law in a attorney-client relationship, certified public accountants,
person who has power of attorney (attorney in fact), owners of time-shares, state-
certified and licensed real estate appraisers who are licensed under 475, Part II,
court-appointed individuals, hotel/motel clerks, federally regulated banks and
dealers registered with the Securities and Exchange Commission(SEC), apartment
property owners/management firms paying finders fee of no more than $50 to a
tenant
Identify who appoints and confirms the DBPR secretary. - CORRECT ANSWER✔✔-
Appointed by the governor, confirmed by the state senate
Be aware of the penalties that the FREC may NOT impose - CORRECT
ANSWER✔✔-May not impose imprisonment; but may evoke your license
Describe the regulations regarding activating an involuntary inactive license. -
CORRECT ANSWER✔✔-May activate their license during the two-year period
