REAL ESTATE LICENSING
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Exam Solution
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Florida Real Estate: Cram Exam 1 2026 A+ GRADE ASSU
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RED COMPLETE SOLUTIONS AND VERIFIED ANSWERS (
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45E2C)
QUESTION 1 ga
Absentee ownership has increased the demand for which area of brokerage?
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ANSWER
property management ga
QUESTION 2 ga
How is a real estate appraiser paid?
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ANSWER
a free based upon time and difficulty of the appraisal
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QUESTION 3 ga
What does the local planning agency have the authority to approve?
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ANSWER
subdivision plat maps ga ga
QUESTION 4 ga
What is it called when a developer gives land to a government body?
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ANSWER
dedication
,QUESTION 5 ga
What business is a licensee engaged in who markets, leases and maintains property for
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someone else? ga
ANSWER
property management ga
QUESTION 6 ga
In which service of real estate must a licensee disclose the agency relationship and the r
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esponsibilities of that relationship to the public? ga ga ga ga ga ga
ANSWER
residential sales ga
QUESTION 7 ga
Which power authorizes the FREC to pass or revise rules?
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ANSWER
quasi-legislative
QUESTION 8 ga
All of the following would be grounds for suspension of revocation of a real estate licens
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e, EXCEPT?
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ANSWER
not being a resident of Florida
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QUESTION 9 ga
Sandy works as a sales associate for a broker and has been asked to work weekends for
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a developer to sell new homes on commission. What must Sandy do to work for the deve
ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga
loper?
ANSWER
transfer her license from the broker to the owner developer
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QUESTION 10 ga
, What does the license law require that a licensee complete before the first renewal of a
ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga
Florida real estate license? ga ga ga
ANSWER
post-licensing course ga
QUESTION 11 ga
In a brokerage corporation, the officers and directors can be active or inactive brokers o
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r non-licensed registered persons. If someone who is non-
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licensed and registered wants to become a broker, what must he or she do?
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ANSWER
qualify for a broker license in the same way as anyone else
ga ga ga ga ga ga ga ga ga ga ga
QUESTION 12 ga
Who would be exempt from the real estate licensing law?
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ANSWER
a person who rents mobile home lots
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QUESTION 13 ga
Which entity provides the best protection for the public during a real estate transaction
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?
ANSWER
FREC and the license law
ga ga ga ga
QUESTION 14 ga
Which of the following is a characteristic of group license?
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ANSWER
it may be held by a sales associate or broker associate
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QUESTION 15 ga
All of the following are exempt from FS 475, EXCEPT
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ANSWER
business brokers ga
ga ga
Exam Solution
ga
Florida Real Estate: Cram Exam 1 2026 A+ GRADE ASSU
ga ga ga ga ga ga ga ga ga
RED COMPLETE SOLUTIONS AND VERIFIED ANSWERS (
ga ga ga ga ga ga
45E2C)
QUESTION 1 ga
Absentee ownership has increased the demand for which area of brokerage?
ga ga ga ga ga ga ga ga ga ga
ANSWER
property management ga
QUESTION 2 ga
How is a real estate appraiser paid?
ga ga ga ga ga ga
ANSWER
a free based upon time and difficulty of the appraisal
ga ga ga ga ga ga ga ga ga
QUESTION 3 ga
What does the local planning agency have the authority to approve?
ga ga ga ga ga ga ga ga ga ga
ANSWER
subdivision plat maps ga ga
QUESTION 4 ga
What is it called when a developer gives land to a government body?
ga ga ga ga ga ga ga ga ga ga ga ga
ANSWER
dedication
,QUESTION 5 ga
What business is a licensee engaged in who markets, leases and maintains property for
ga ga ga ga ga ga ga ga ga ga ga ga ga ga
someone else? ga
ANSWER
property management ga
QUESTION 6 ga
In which service of real estate must a licensee disclose the agency relationship and the r
ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga
esponsibilities of that relationship to the public? ga ga ga ga ga ga
ANSWER
residential sales ga
QUESTION 7 ga
Which power authorizes the FREC to pass or revise rules?
ga ga ga ga ga ga ga ga ga
ANSWER
quasi-legislative
QUESTION 8 ga
All of the following would be grounds for suspension of revocation of a real estate licens
ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga
e, EXCEPT?
ga
ANSWER
not being a resident of Florida
ga ga ga ga ga
QUESTION 9 ga
Sandy works as a sales associate for a broker and has been asked to work weekends for
ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga
a developer to sell new homes on commission. What must Sandy do to work for the deve
ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga
loper?
ANSWER
transfer her license from the broker to the owner developer
ga ga ga ga ga ga ga ga ga
QUESTION 10 ga
, What does the license law require that a licensee complete before the first renewal of a
ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga ga
Florida real estate license? ga ga ga
ANSWER
post-licensing course ga
QUESTION 11 ga
In a brokerage corporation, the officers and directors can be active or inactive brokers o
ga ga ga ga ga ga ga ga ga ga ga ga ga ga
r non-licensed registered persons. If someone who is non-
ga ga ga ga ga ga ga ga
licensed and registered wants to become a broker, what must he or she do?
ga ga ga ga ga ga ga ga ga ga ga ga ga
ANSWER
qualify for a broker license in the same way as anyone else
ga ga ga ga ga ga ga ga ga ga ga
QUESTION 12 ga
Who would be exempt from the real estate licensing law?
ga ga ga ga ga ga ga ga ga
ANSWER
a person who rents mobile home lots
ga ga ga ga ga ga
QUESTION 13 ga
Which entity provides the best protection for the public during a real estate transaction
ga ga ga ga ga ga ga ga ga ga ga ga ga
?
ANSWER
FREC and the license law
ga ga ga ga
QUESTION 14 ga
Which of the following is a characteristic of group license?
ga ga ga ga ga ga ga ga ga
ANSWER
it may be held by a sales associate or broker associate
ga ga ga ga ga ga ga ga ga ga
QUESTION 15 ga
All of the following are exempt from FS 475, EXCEPT
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ANSWER
business brokers ga