ACEABLE AGENT LATEST 2026 EOC EXAMINATION
QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔B. a 45-hour post-licensing education course - ✔✔A sales associate's first renewal
is coming up in six months. What must they complete before that date, if they want to
retain their license?
A. 14 hours of continued education
B. a 45-hour post-licensing education course
C. a 30-hour post-licensing education course, plus 14 house of continued education
D. A 60-hour post licensing education course
✔✔D. Cory, a sales associate with a four-year degree in real estate from an accredited
university - ✔✔Which of these people will need to complete 14 hours of CE before their
next renewal?
A. Cayley, a sales associate renewing for the first time
B. Cambria, a member of the Florida Bar Association and sales associate
C. Camilla, a broker renewing for the first time
D. Cory, a sales associate with a four-year degree in real estate from an accredited
university
✔✔B. absentee owner - ✔✔Miguel owns a beautiful property in Fort Lauderdale. As
beautiful as it is, he doesn't live there. Miguel is a(n):
A. negligent owner
B. absentee owner
C. tax-exempt owner
D. from-afar owner
✔✔C. They typically require niche knowledge - ✔✔What might be challenging about
managing a special-purpose property such as a sports arena or movie theatre?
A. There is no way to predict the behavior of special purpose properties
B. They are usually owner-occupied
C. They typically require niche knowledge
D. They would likely involve managing a mega-retailer warehouse
✔✔C. is based on a property's income whereas a flat fee does not vary - ✔✔The
difference between a percentage fee and a flat fee is that a percentage fee:
A. does not vary whereas a flat fee is based on a property's income
B. is determined by the property manager whereas a flat fee is NOT
C. is based on a property's income whereas a flat fee does not vary
D. is determined by the property owner whereas a flat fee is NOT
✔✔C. be a state-licensed and certified appraiser - ✔✔For federally related real estate
transactions in Florida, the appraiser is required to:
A. possess only a sales associate license
B. possess a sales associate license and be a state-licensed and certified appraiser
,C. be a state-licensed and certified appraiser
D. have no specific license or designation
✔✔D. An appraisal is more detailed and reliable. A CMA is more informal - ✔✔What is
one of the most important differences between an appraisal and a CMA?
A. An appraisal affects a seller's title. A CMA does not
B. An appraisal is for commercial property. A CMA is for residential property
C. An appraisal is used to price a new property. A CMA is used to price a resold
property
D. An appraisal is more detailed and reliable. A CMA is more informal
✔✔B. loan origination - ✔✔A buyer wants to obtain a loan from their local commercial
bank, so they begin the multi-step process to obtain a mortgage. This process is:
A. mortgagee origination
B. loan origination
C. mortgagor origination
D. banking origination
✔✔A. pay a lot of fees - ✔✔During the initial phase of developing land, developers will
need to be prepared to:
A. pay a lot of fees
B. dedicate curbs and streets
C. contest their land claim
D. appear in small claims court
✔✔A. now owns the curbs and streets - ✔✔A developer develops a 20-acre piece of
land into a subdivision. They dedicate the streets and curbs to the city. This means the
city:
A. now owns the curbs and streets
B. must repave the streets but can not use them as access roads
C. may name the streets whatever they wish
D. cannot alter the location of the curbs for street expansion
✔✔D. FREC - ✔✔The DBPR handles the administrative side of licensure in Florida.
What is the quasi-judicial agency that handles rule-making, administration, and
discipline in the real estate field?
A. CREF
B. DEC
C. DBPR
D. FREC
✔✔B. Chapter 475 is the law; Chapter 61J2 is the rules for carrying out the law -
✔✔What is the difference between Chapter 475 of the Florida Statues and Chapter
61J2 of the Florida Administrative Code?
A. Chapter 475 governs disciplinary actions; Chapter 61J2 governs licensure
,B. Chapter 475 is the law; Chapter 61J2 is the rules for carrying out the law
C. Chapter 475 was created by the FREC; Chapter 61J2 was created by the DBPR
D. Chapter 475 governs brokers; Chapter 61J2 governs sales associates
✔✔A. Chapter 120, F.S. - ✔✔Belinda is a sales associate applicant who has recently
had her application rejected. She wants to appeal. Where is she most likely to find the
rules and deadlines for that appeal process?
A. Chapter 120, F.S.
B. Chapter 475, F.S.
C. Chapter 455, F.S.
D. Chapter 61J2, F.A.C.
✔✔B. Alan, a 35-year-old non-U.S. citizen with a high school diploma and the right to
work in the U.S. - ✔✔Which of these people has the qualifications to apply for a sales
associate license in Florida?
A. Ira, a 40-year-old Italian citizen with a master's degree who is in the U.S. on a tourist
visa
B. Alan, a 35-year-old non U.S. citizen with a high school diploma and the right to work
in the U.S.
C. James, a 25-year-old U.S. citizen who did not complete high school
D. Georgia, a 17-year-old U.S. citizen with a G.E.D
✔✔D. broker associate - ✔✔Manuel has passed the broker exam, but works under a
supervising broker. What kind of license does Manuel most likely have?
A. supervising broker
B. sales associate
C. community association manager
D. broker associate
✔✔C. Avery is selling her neighbors home for a commission - ✔✔Which of the following
people needs to have a real estate license?
A. Carolina is a salaried employee at an apartment complex who leases units to tenants
B. Baz is selling a property his company owns
C. Avery is selling her neighbors home for a commission
D. David sells cemetery lots
✔✔A. appointed by the governor of Florida and subject to confirmation by the state
senate - ✔✔The Secretary of the Department of Business and Professional Regulation
is:
A. appointed by the governor of Florida and subject to confirmation by the state senate
B. appointed by the chairperson of FREC and subject to confirmation by the Florida
governor
C. elected by the DBPR members and subject to confirmation by the Florida governor
D. elected by the people of Florida and subject to confirmation by the state senate
, ✔✔B. The DRE primarily handles administrative duties, whereas the FREC does more
decision making - ✔✔The Division of Real Estate and the Florida Real Estate
Commission share their mission to protect the public by regulation of real estate
licenses through education and compliance.
Which statement accurately differentiates the two agencies?
A. The DRE regulates educational courses, whereas the FREC's main duty is to
process license renewals
B. The DRE primarily handles administrative duties, whereas the FREC does more
decision making
C. The FREC primarily handles administrative duties, whereas the DRE does more
disciplinary duties
D. The FREC regulates educational courses, whereas the DRE's main duty is to
reprimand violators of license law
✔✔B. protect the public interest - ✔✔The Florida Real Estate Commission's main
purpose is to:
A. generate revenue for the state
B. protect the public interest
C. protect the interests of license holders
D. recruit and incentivize new brokers
✔✔D. 7 members: 4 brokers, 1 broker or sales associate and 2 unlicensed consumer
members - ✔✔How many members make up the Florida Real Estate Commission?
A. 9 members: 6 licensed brokers and 3 licensed sales associates
B. 6 members: 3 with real estate experience and 3 unlicensed consumer members
C. 7 members: all licensed real estate professionals with at least 5 years of experience
D. 7 members: 4 brokers, 1 broker or sales associate and 2 unlicensed consumer
members
✔✔D. enforcing the license law - ✔✔Which of these is a responsibility of the Florida
Real Estate Commission?
A. setting uniform commission rates for brokers
B. increasing the profits of brokerages
C. creating standardized contracts for real estate transactions
D. enforcing the license law
✔✔D. imprisonment - ✔✔Which of these is NOT a type of reprimand administered by
the Florida Real Estate Commission?
A. license revocation
B. required education
C. license suspension
D. imprisonment
✔✔A. March 31, 2022 - ✔✔Zachira got her first sales associate license on June 3rd,
2020. What will her license expiration date be?
QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔B. a 45-hour post-licensing education course - ✔✔A sales associate's first renewal
is coming up in six months. What must they complete before that date, if they want to
retain their license?
A. 14 hours of continued education
B. a 45-hour post-licensing education course
C. a 30-hour post-licensing education course, plus 14 house of continued education
D. A 60-hour post licensing education course
✔✔D. Cory, a sales associate with a four-year degree in real estate from an accredited
university - ✔✔Which of these people will need to complete 14 hours of CE before their
next renewal?
A. Cayley, a sales associate renewing for the first time
B. Cambria, a member of the Florida Bar Association and sales associate
C. Camilla, a broker renewing for the first time
D. Cory, a sales associate with a four-year degree in real estate from an accredited
university
✔✔B. absentee owner - ✔✔Miguel owns a beautiful property in Fort Lauderdale. As
beautiful as it is, he doesn't live there. Miguel is a(n):
A. negligent owner
B. absentee owner
C. tax-exempt owner
D. from-afar owner
✔✔C. They typically require niche knowledge - ✔✔What might be challenging about
managing a special-purpose property such as a sports arena or movie theatre?
A. There is no way to predict the behavior of special purpose properties
B. They are usually owner-occupied
C. They typically require niche knowledge
D. They would likely involve managing a mega-retailer warehouse
✔✔C. is based on a property's income whereas a flat fee does not vary - ✔✔The
difference between a percentage fee and a flat fee is that a percentage fee:
A. does not vary whereas a flat fee is based on a property's income
B. is determined by the property manager whereas a flat fee is NOT
C. is based on a property's income whereas a flat fee does not vary
D. is determined by the property owner whereas a flat fee is NOT
✔✔C. be a state-licensed and certified appraiser - ✔✔For federally related real estate
transactions in Florida, the appraiser is required to:
A. possess only a sales associate license
B. possess a sales associate license and be a state-licensed and certified appraiser
,C. be a state-licensed and certified appraiser
D. have no specific license or designation
✔✔D. An appraisal is more detailed and reliable. A CMA is more informal - ✔✔What is
one of the most important differences between an appraisal and a CMA?
A. An appraisal affects a seller's title. A CMA does not
B. An appraisal is for commercial property. A CMA is for residential property
C. An appraisal is used to price a new property. A CMA is used to price a resold
property
D. An appraisal is more detailed and reliable. A CMA is more informal
✔✔B. loan origination - ✔✔A buyer wants to obtain a loan from their local commercial
bank, so they begin the multi-step process to obtain a mortgage. This process is:
A. mortgagee origination
B. loan origination
C. mortgagor origination
D. banking origination
✔✔A. pay a lot of fees - ✔✔During the initial phase of developing land, developers will
need to be prepared to:
A. pay a lot of fees
B. dedicate curbs and streets
C. contest their land claim
D. appear in small claims court
✔✔A. now owns the curbs and streets - ✔✔A developer develops a 20-acre piece of
land into a subdivision. They dedicate the streets and curbs to the city. This means the
city:
A. now owns the curbs and streets
B. must repave the streets but can not use them as access roads
C. may name the streets whatever they wish
D. cannot alter the location of the curbs for street expansion
✔✔D. FREC - ✔✔The DBPR handles the administrative side of licensure in Florida.
What is the quasi-judicial agency that handles rule-making, administration, and
discipline in the real estate field?
A. CREF
B. DEC
C. DBPR
D. FREC
✔✔B. Chapter 475 is the law; Chapter 61J2 is the rules for carrying out the law -
✔✔What is the difference between Chapter 475 of the Florida Statues and Chapter
61J2 of the Florida Administrative Code?
A. Chapter 475 governs disciplinary actions; Chapter 61J2 governs licensure
,B. Chapter 475 is the law; Chapter 61J2 is the rules for carrying out the law
C. Chapter 475 was created by the FREC; Chapter 61J2 was created by the DBPR
D. Chapter 475 governs brokers; Chapter 61J2 governs sales associates
✔✔A. Chapter 120, F.S. - ✔✔Belinda is a sales associate applicant who has recently
had her application rejected. She wants to appeal. Where is she most likely to find the
rules and deadlines for that appeal process?
A. Chapter 120, F.S.
B. Chapter 475, F.S.
C. Chapter 455, F.S.
D. Chapter 61J2, F.A.C.
✔✔B. Alan, a 35-year-old non-U.S. citizen with a high school diploma and the right to
work in the U.S. - ✔✔Which of these people has the qualifications to apply for a sales
associate license in Florida?
A. Ira, a 40-year-old Italian citizen with a master's degree who is in the U.S. on a tourist
visa
B. Alan, a 35-year-old non U.S. citizen with a high school diploma and the right to work
in the U.S.
C. James, a 25-year-old U.S. citizen who did not complete high school
D. Georgia, a 17-year-old U.S. citizen with a G.E.D
✔✔D. broker associate - ✔✔Manuel has passed the broker exam, but works under a
supervising broker. What kind of license does Manuel most likely have?
A. supervising broker
B. sales associate
C. community association manager
D. broker associate
✔✔C. Avery is selling her neighbors home for a commission - ✔✔Which of the following
people needs to have a real estate license?
A. Carolina is a salaried employee at an apartment complex who leases units to tenants
B. Baz is selling a property his company owns
C. Avery is selling her neighbors home for a commission
D. David sells cemetery lots
✔✔A. appointed by the governor of Florida and subject to confirmation by the state
senate - ✔✔The Secretary of the Department of Business and Professional Regulation
is:
A. appointed by the governor of Florida and subject to confirmation by the state senate
B. appointed by the chairperson of FREC and subject to confirmation by the Florida
governor
C. elected by the DBPR members and subject to confirmation by the Florida governor
D. elected by the people of Florida and subject to confirmation by the state senate
, ✔✔B. The DRE primarily handles administrative duties, whereas the FREC does more
decision making - ✔✔The Division of Real Estate and the Florida Real Estate
Commission share their mission to protect the public by regulation of real estate
licenses through education and compliance.
Which statement accurately differentiates the two agencies?
A. The DRE regulates educational courses, whereas the FREC's main duty is to
process license renewals
B. The DRE primarily handles administrative duties, whereas the FREC does more
decision making
C. The FREC primarily handles administrative duties, whereas the DRE does more
disciplinary duties
D. The FREC regulates educational courses, whereas the DRE's main duty is to
reprimand violators of license law
✔✔B. protect the public interest - ✔✔The Florida Real Estate Commission's main
purpose is to:
A. generate revenue for the state
B. protect the public interest
C. protect the interests of license holders
D. recruit and incentivize new brokers
✔✔D. 7 members: 4 brokers, 1 broker or sales associate and 2 unlicensed consumer
members - ✔✔How many members make up the Florida Real Estate Commission?
A. 9 members: 6 licensed brokers and 3 licensed sales associates
B. 6 members: 3 with real estate experience and 3 unlicensed consumer members
C. 7 members: all licensed real estate professionals with at least 5 years of experience
D. 7 members: 4 brokers, 1 broker or sales associate and 2 unlicensed consumer
members
✔✔D. enforcing the license law - ✔✔Which of these is a responsibility of the Florida
Real Estate Commission?
A. setting uniform commission rates for brokers
B. increasing the profits of brokerages
C. creating standardized contracts for real estate transactions
D. enforcing the license law
✔✔D. imprisonment - ✔✔Which of these is NOT a type of reprimand administered by
the Florida Real Estate Commission?
A. license revocation
B. required education
C. license suspension
D. imprisonment
✔✔A. March 31, 2022 - ✔✔Zachira got her first sales associate license on June 3rd,
2020. What will her license expiration date be?
