Page 1 of 137
Florida Real Estate Laws & Rules Practice
Exam Full Study Guide with Answers &
Rationales
Q1. The primary purpose of Chapter 475 of the Florida Statutes
is to:
a) Establish property tax rates
b) Regulate real estate brokers, sales associates, and schools in
the interest of public welfare
c) Define zoning laws
d) Oversee construction permits
Answer: b
Rationale: The Florida Legislature enacted Chapter 475 to
regulate real estate brokers, sales associates, and schools for the
protection of the public welfare, ensuring competent and ethical
practice.
,Page 2 of 137
Q2. The Florida Real Estate Commission (FREC) consists of how
many members appointed by the Governor?
a) 5
b) 7
c) 9
d) 11
Answer: b
Rationale: FREC has 7 members: 4 licensed brokers, 1 sales
associate, and 2 non-licensee consumer members, all appointed
by the Governor and confirmed by the Senate.
Q3. Which entity has the authority to adopt rules and regulations
governing real estate licensees in Florida?
a) Florida Department of Revenue
b) Florida Real Estate Commission (FREC)
,Page 3 of 137
c) Florida Legislature only
d) Local county commissions
Answer: b
Rationale: FREC has the power to enact bylaws and rules and
decide questions of practice, as authorized by Florida Statutes.
Q4. The Division of Real Estate operates under which Florida
agency?
a) Department of Financial Services
b) Department of Business and Professional Regulation (DBPR)
c) Department of Revenue
d) Department of Agriculture
Answer: b
Rationale: The Division of Real Estate is part of the DBPR, which
oversees licensing and regulation of real estate professionals.
, Page 4 of 137
Q5. A licensee who fails to renew their license before the
expiration date will have their license revert to:
a) Active status
b) Involuntarily inactive status
c) Null and void
d) Probationary status
Answer: b
Rationale: Any license not renewed by the end of the license
period automatically reverts to involuntarily inactive status.
Q6. The FREC is authorized to do all of the following EXCEPT:
a) Enact rules and bylaws
b) Decide questions of practice
c) Set statewide property tax rates
d) Discipline licensees for violations
Florida Real Estate Laws & Rules Practice
Exam Full Study Guide with Answers &
Rationales
Q1. The primary purpose of Chapter 475 of the Florida Statutes
is to:
a) Establish property tax rates
b) Regulate real estate brokers, sales associates, and schools in
the interest of public welfare
c) Define zoning laws
d) Oversee construction permits
Answer: b
Rationale: The Florida Legislature enacted Chapter 475 to
regulate real estate brokers, sales associates, and schools for the
protection of the public welfare, ensuring competent and ethical
practice.
,Page 2 of 137
Q2. The Florida Real Estate Commission (FREC) consists of how
many members appointed by the Governor?
a) 5
b) 7
c) 9
d) 11
Answer: b
Rationale: FREC has 7 members: 4 licensed brokers, 1 sales
associate, and 2 non-licensee consumer members, all appointed
by the Governor and confirmed by the Senate.
Q3. Which entity has the authority to adopt rules and regulations
governing real estate licensees in Florida?
a) Florida Department of Revenue
b) Florida Real Estate Commission (FREC)
,Page 3 of 137
c) Florida Legislature only
d) Local county commissions
Answer: b
Rationale: FREC has the power to enact bylaws and rules and
decide questions of practice, as authorized by Florida Statutes.
Q4. The Division of Real Estate operates under which Florida
agency?
a) Department of Financial Services
b) Department of Business and Professional Regulation (DBPR)
c) Department of Revenue
d) Department of Agriculture
Answer: b
Rationale: The Division of Real Estate is part of the DBPR, which
oversees licensing and regulation of real estate professionals.
, Page 4 of 137
Q5. A licensee who fails to renew their license before the
expiration date will have their license revert to:
a) Active status
b) Involuntarily inactive status
c) Null and void
d) Probationary status
Answer: b
Rationale: Any license not renewed by the end of the license
period automatically reverts to involuntarily inactive status.
Q6. The FREC is authorized to do all of the following EXCEPT:
a) Enact rules and bylaws
b) Decide questions of practice
c) Set statewide property tax rates
d) Discipline licensees for violations
