Florida Real Estate Exam
FLORIDA REAL ESTATE EXAM NEWEST 2025/2026 COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |BRAND NEW VERSION!!
Which act simplifies, clarifies, and modernizes consumer protection laws and
makes them more consistent with federal trade laws? - a. Fair Housing Act
b. Federal Duplicate Law Condensation Act
c. Federal Trade Commission Act
d. Florida Deceptive and Unfair Trade Practices Act
d. The Florida Deceptive and Unfair Trade Practices Act is the act that simplifies,
clarifies, and modernizes consumer protection laws and makes them more
consistent with federal trade laws.
To comply with the statute of frauds, an option contract must be ______. - a. In
writing and signed by the optionee
b. In writing and signed by the optionor
c. In writing and witnessed by an attorney
d. On file at the local courthouse
b. To comply with the statute of frauds, an option contract must be in writing and
signed by the optionor (seller).
A cooperative is a(n) _____. - a. limited partnership
b. LLC
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, Florida Real Estate Exam
c. not-for-profit corporation
d. sole proprietorship
c. A cooperative is a joint venture with its shareholders, formed for their benefit
and governed by them. It's a not-for-profit corporation.
Compared with condominiums, the monthly fees for a cooperative owner are
typically ______. - a. Higher
b. Much less
c. Slightly less
d. The same
a. Monthly fees for cooperatives are generally higher because they include taxes,
mortgage payments, and fees for maintaining common areas and facilities.
For all intents and purposes, subagents are agents of the _______. - a. Buyer
b. Seller
c. The buyer's broker
d. The listing broker
b. Although a subagent may bring an unrepresented buyer to the transaction, the
subagent is an agent of the seller.
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Can a new licensee specialize in the sale of farm and ranch property? - a. Not until
the licensee has at least five years of experience in agricultural real estate
b. Not until the licensee passes additional courses in agricultural real estate
c. Yes, a new licensee can specialize in agricultural real estate
d. Yes, as long as the new licensee has a degree in agriculture
c. Specialization doesn't require additional coursework or credentials. The licensee
must be competent in any specialization, however.
Jacqueline is a licensee working with a property near a Superfund site. Which of
these statements is true? - a. A portion of the sale price must go to the EPA to
fund clean-up of the site.
b. She must disclose potential health threats to anyone in the area when showing
the property.
c. She must disclose the existence of an environmental hazard in the area.
d. The property can't be sold until the site is removed from the NPL.
c. A property with a known Superfund site in the vicinity requires disclosure, as
this is a material fact.
Curtis wants to do a 1031 exchange. He just closed on his property. How many
days does he have to identify a new property? - a. 180
b. 30
c. 45
d. 60
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, Florida Real Estate Exam
c. Investors who want to use the 1031 tax-deferred exchange must identify the
new property within 45 days of closing and must close on that property within
180 days from the date of sale of the first property.
Which option describes a real property tax lien? - a. General and involuntary
b. General and voluntary
c. Specific and involuntary
d. Specific and voluntary
c.
A buyer representation agreement establishes an agency relationship between
which parties? - a. Buyer and broker
b. Buyer and salesperson
c. Seller and broker
d. Seller and salesperson
a. You may hear a buyer representation agreement called the buyer/broker
agreement. This is a contract between the buyer and the broker. Remember, all
real estate activities are conducted under the broker's license.
What must be filed for the eviction process to begin after a landlord has waited
three days and serves a tenant a notice to pay or vacate the premises? - a. A
complaint for eviction
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FLORIDA REAL ESTATE EXAM NEWEST 2025/2026 COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |BRAND NEW VERSION!!
Which act simplifies, clarifies, and modernizes consumer protection laws and
makes them more consistent with federal trade laws? - a. Fair Housing Act
b. Federal Duplicate Law Condensation Act
c. Federal Trade Commission Act
d. Florida Deceptive and Unfair Trade Practices Act
d. The Florida Deceptive and Unfair Trade Practices Act is the act that simplifies,
clarifies, and modernizes consumer protection laws and makes them more
consistent with federal trade laws.
To comply with the statute of frauds, an option contract must be ______. - a. In
writing and signed by the optionee
b. In writing and signed by the optionor
c. In writing and witnessed by an attorney
d. On file at the local courthouse
b. To comply with the statute of frauds, an option contract must be in writing and
signed by the optionor (seller).
A cooperative is a(n) _____. - a. limited partnership
b. LLC
1|Page
, Florida Real Estate Exam
c. not-for-profit corporation
d. sole proprietorship
c. A cooperative is a joint venture with its shareholders, formed for their benefit
and governed by them. It's a not-for-profit corporation.
Compared with condominiums, the monthly fees for a cooperative owner are
typically ______. - a. Higher
b. Much less
c. Slightly less
d. The same
a. Monthly fees for cooperatives are generally higher because they include taxes,
mortgage payments, and fees for maintaining common areas and facilities.
For all intents and purposes, subagents are agents of the _______. - a. Buyer
b. Seller
c. The buyer's broker
d. The listing broker
b. Although a subagent may bring an unrepresented buyer to the transaction, the
subagent is an agent of the seller.
2|Page
, Florida Real Estate Exam
Can a new licensee specialize in the sale of farm and ranch property? - a. Not until
the licensee has at least five years of experience in agricultural real estate
b. Not until the licensee passes additional courses in agricultural real estate
c. Yes, a new licensee can specialize in agricultural real estate
d. Yes, as long as the new licensee has a degree in agriculture
c. Specialization doesn't require additional coursework or credentials. The licensee
must be competent in any specialization, however.
Jacqueline is a licensee working with a property near a Superfund site. Which of
these statements is true? - a. A portion of the sale price must go to the EPA to
fund clean-up of the site.
b. She must disclose potential health threats to anyone in the area when showing
the property.
c. She must disclose the existence of an environmental hazard in the area.
d. The property can't be sold until the site is removed from the NPL.
c. A property with a known Superfund site in the vicinity requires disclosure, as
this is a material fact.
Curtis wants to do a 1031 exchange. He just closed on his property. How many
days does he have to identify a new property? - a. 180
b. 30
c. 45
d. 60
3|Page
, Florida Real Estate Exam
c. Investors who want to use the 1031 tax-deferred exchange must identify the
new property within 45 days of closing and must close on that property within
180 days from the date of sale of the first property.
Which option describes a real property tax lien? - a. General and involuntary
b. General and voluntary
c. Specific and involuntary
d. Specific and voluntary
c.
A buyer representation agreement establishes an agency relationship between
which parties? - a. Buyer and broker
b. Buyer and salesperson
c. Seller and broker
d. Seller and salesperson
a. You may hear a buyer representation agreement called the buyer/broker
agreement. This is a contract between the buyer and the broker. Remember, all
real estate activities are conducted under the broker's license.
What must be filed for the eviction process to begin after a landlord has waited
three days and serves a tenant a notice to pay or vacate the premises? - a. A
complaint for eviction
4|Page
