Florida real estate exam
FLORIDA REAL ESTATE EXAM NEWEST 2025/2026 COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |BRAND NEW VERSION!!
An applicant for a real estate license has been denied by the DBPR. Which
statement is correct concerning this denial?
a/the denial is final and no appeal may be taken by the applicant
b/an appeal may be filed with the district court of appeal within 90 days
c/the department its not required to inform the applicant of the reason for the
denial
d/ the applicant must be notified in writing of the reason for the denial and
advised of the right to request a formal hearing - Correct Answer-
d/ the applicant must be notified in writing of the reason for the denial and
advised of the right to request a formal hearing
which concept of value pertains to appraisals of profitable business enterprises or
opportunities?
a/goodwill
b/going concern
c/liquidation
d/tangible asset - Correct Answer-
b/going concern
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, Florida real estate exam
a seller and broker enter into a 6 month agreement where the seller agrees to pay
a commission to the broker, regardless of who actually sells the property. What
type of contract is this?
a/contract for deed
b/open listing
c/exclusive listing
d/exclusive right of sale listing - Correct Answer-
d/exclusive right of sale listing
these are all examples of eminent domain, EXCEPT:
a/the electric company needs to put up a power substation in a residential area
and must take the private property.
b/the railroad needs to re-route their trains and must take private property.
c/the federal government wishes to construct a small VA outpatient clinic.
d/the city wishes to put up a large shopping center/movie theater complex. -
Correct Answer-
d/the city wishes to put up a large shopping center/movie theater complex.
Fred, a licensed sales associate, was registered with Broker Harry when he claimed
that Harry had failed to pay a sales commission due him. If Fred resigned and was
employed under Broker Norman before the dispute was resolved, which
statement would be correct?
a/Fred cannot bring a legal action for the claimed commission against anyone
other than Harry.
b/Broker Norman must sue Harry for the commission due Fred.
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, Florida real estate exam
c/Norman assumed responsibility for the unpaid commission when he employed
Fred.
d/ Fred may file a lis penes against either Harry or Norman for the commission
due him - Correct Answer-
a/Fred cannot bring a legal action for the claimed commission against anyone
other than Harry.
FHA housing expense ratio and total obligations ratios, correspondingly, cannot
exceed which of the following limits?
a/29% and 41%
b/28% and 36%
c/27% and 35%
d/31% and 43% - Correct Answer-
d/31% and 43%
what is the price of state documentary stamp tax on the deed for property that is
located outside of Dade County?
a/sixty cents per hundred dollars of sales price
b/sixty cents per hundred dollars of mortgage amount
c/seventy cents per thousand dollars of sales price
d/seventy cents per hundred dollars of sales price plus seventy cents for any
fractional part of a hundred dollars of sales price - Correct Answer-seventy cents
per hundred dollars of sales price plus seventy cents for any fractional part of a
hundred dollars of sales price
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, Florida real estate exam
Three sisters buy a home. They each have equal portions of possession, interest,
time and title. They decide that upon death, the survivor will acquire their shares.
what type of tenancy exists?
a/joint tenancy
b/tenancy in common
c/tenancy by entireties
d/tenancy in severalty - Correct Answer-
a/joint tenancy
which tax applies to new mortgages but not to an assumed mortgage?
a/note tax
b/deed tax
c/intangible tax
d/property tax - Correct Answer-
c/intangible tax
which approach to value would most likely be selected to determine the value of
the county court house?
a/sales comparison
b/public buildings and non commercial property approach
c/cost depreciation
d/large scale state and federal buildings - Correct Answer-
c/cost depreciation
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FLORIDA REAL ESTATE EXAM NEWEST 2025/2026 COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |BRAND NEW VERSION!!
An applicant for a real estate license has been denied by the DBPR. Which
statement is correct concerning this denial?
a/the denial is final and no appeal may be taken by the applicant
b/an appeal may be filed with the district court of appeal within 90 days
c/the department its not required to inform the applicant of the reason for the
denial
d/ the applicant must be notified in writing of the reason for the denial and
advised of the right to request a formal hearing - Correct Answer-
d/ the applicant must be notified in writing of the reason for the denial and
advised of the right to request a formal hearing
which concept of value pertains to appraisals of profitable business enterprises or
opportunities?
a/goodwill
b/going concern
c/liquidation
d/tangible asset - Correct Answer-
b/going concern
1|Page
, Florida real estate exam
a seller and broker enter into a 6 month agreement where the seller agrees to pay
a commission to the broker, regardless of who actually sells the property. What
type of contract is this?
a/contract for deed
b/open listing
c/exclusive listing
d/exclusive right of sale listing - Correct Answer-
d/exclusive right of sale listing
these are all examples of eminent domain, EXCEPT:
a/the electric company needs to put up a power substation in a residential area
and must take the private property.
b/the railroad needs to re-route their trains and must take private property.
c/the federal government wishes to construct a small VA outpatient clinic.
d/the city wishes to put up a large shopping center/movie theater complex. -
Correct Answer-
d/the city wishes to put up a large shopping center/movie theater complex.
Fred, a licensed sales associate, was registered with Broker Harry when he claimed
that Harry had failed to pay a sales commission due him. If Fred resigned and was
employed under Broker Norman before the dispute was resolved, which
statement would be correct?
a/Fred cannot bring a legal action for the claimed commission against anyone
other than Harry.
b/Broker Norman must sue Harry for the commission due Fred.
2|Page
, Florida real estate exam
c/Norman assumed responsibility for the unpaid commission when he employed
Fred.
d/ Fred may file a lis penes against either Harry or Norman for the commission
due him - Correct Answer-
a/Fred cannot bring a legal action for the claimed commission against anyone
other than Harry.
FHA housing expense ratio and total obligations ratios, correspondingly, cannot
exceed which of the following limits?
a/29% and 41%
b/28% and 36%
c/27% and 35%
d/31% and 43% - Correct Answer-
d/31% and 43%
what is the price of state documentary stamp tax on the deed for property that is
located outside of Dade County?
a/sixty cents per hundred dollars of sales price
b/sixty cents per hundred dollars of mortgage amount
c/seventy cents per thousand dollars of sales price
d/seventy cents per hundred dollars of sales price plus seventy cents for any
fractional part of a hundred dollars of sales price - Correct Answer-seventy cents
per hundred dollars of sales price plus seventy cents for any fractional part of a
hundred dollars of sales price
3|Page
, Florida real estate exam
Three sisters buy a home. They each have equal portions of possession, interest,
time and title. They decide that upon death, the survivor will acquire their shares.
what type of tenancy exists?
a/joint tenancy
b/tenancy in common
c/tenancy by entireties
d/tenancy in severalty - Correct Answer-
a/joint tenancy
which tax applies to new mortgages but not to an assumed mortgage?
a/note tax
b/deed tax
c/intangible tax
d/property tax - Correct Answer-
c/intangible tax
which approach to value would most likely be selected to determine the value of
the county court house?
a/sales comparison
b/public buildings and non commercial property approach
c/cost depreciation
d/large scale state and federal buildings - Correct Answer-
c/cost depreciation
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