Florida Broker Exam with all Correct & 100% Verified
Answers |Actual Complete Exam |Already Graded A+
(Just Released)
Executive Branch of Florida Government (including the DBPR) ✔Correct Answer-Florida Statue
Chapter 20
The law is often referred to as the Real Estate Practice Act ✔Correct Answer-Florida Statute
Chapter 475
The law that was established for Real Estate Brokers, sales associates, and appraisers ✔Correct
Answer-Florida Statue Chapter 475
Part I of the Florida statue 475 pertains to: ✔Correct Answer-Real estate brokerages
Part II of the Florida Statue 475 pertains to: ✔Correct Answer-Real estate appraisers and sets for
the requirements for FL licensed and certified appraisers
Part III of Chapter 475 pertains to: ✔Correct Answer-The Commercial Real Estate Lien Act, Gives
broker lien rights for earned commission. This act applies only to the commercial property (not
residential property)
The Commercial Real Estate Sales Commission Lien Act ✔Correct Answer-The right to place against
owner's net proceeds(personal property) from the sale and does not attach to the commercial real
property.
Part IV, of Chapter 475, Commercial Real Estate Leasing Commission Lien Act ✔Correct Answer-
Give a broker lien rights for earned commission associated with a brokerage agreement to lease
commercial real estate
Florida State 455 Regulation of Professions and Occupations ✔Correct Answer-Department of
Business and Professional Regulation and the professions under the department
Florida Statue Chapter 120 ✔Correct Answer-Procedural process for all governmental entities
authorized under the Florida constitution. The licensing and disciplinary process for real estate
licensees is outlined in this chapter.
Florida Administrative Code Chapter 61J2 ✔Correct Answer-Florida Real Estate Commission Rules
A person who performs real estate services for compensation but who does so under the direction,
control, or management of a broker or an owner developer. ✔Correct Answer-Sales Associate
An individual who is qualified to be issued a broker's license but who operates as a sales associate in
the employ of another ✔Correct Answer-Broker Associate
An unlicensed entity that sells, exchanges, or leases it own property ✔Correct Answer-Owner
Developer
,What are some rules of staff of owner developer? ✔Correct Answer-Sales associates must have an
active real estate license in order to receive a commission. Sales staffed is exempted from licensure if
paid strictly a salary.
"Let the Buyer Beware" ✔Correct Answer-Caveat emptor
Licensees applicants Requirements: ✔Correct Answer-Background check of any crimes
Must disclose prior convictions including if a court action was (adjudicated) withheld
disclose on the application any other name or alias, including maiden name
18 years old
high school diploma or equivalent
possess a Social Security Number
Be of good character
Have not violated a Chapter 475 within 1 year prior to application.
How long is the license application good for? ✔Correct Answer-2 years from the date of the
completed application received by the DBPR
"no contest" ✔Correct Answer-Nolo contendere
a process by which the record of criminal conviction is destroyed or sealed after expiration of time
✔Correct Answer-Expungement
A 30 day period is allowed after receipt of the application to check for errors and omissions and to
send the applicant a _________ concerning any additional information required. ✔Correct
Answer-Notice of insuffiency
Do you have to be a US citizen to apply for a FL real estate license? ✔Correct Answer-No
Requirements for Nonresidents applicant requirements ✔Correct Answer-US citizenship is not
required(must possess a SS#)
Do not have to be a FL resident(must indicate nonresident)
When a licensee moves out of state (becomes a non residents) they must notify the Commission
within ✔Correct Answer-60 days
an agreement between two states that allows a real estate licensee with a valid license in one of the
states to practice real estate in both states. ✔Correct Answer-Reciprocity
a contract between two states that recognize each other's real estate education. ✔Correct Answer-
mutual recognition agreements
Mutual recognition applicants must demonstrate knowledge of the Florida's real estate laws by
✔Correct Answer-passing a license exam that consists of 40 question concern FL real estate law
A person who has resided in FL continuously for a period of four calendar months or more with the
preceding year, regardless of in an RV, hotel, rental unit etc ✔Correct Answer-Resident
A real estate applicant is required to have what to apply for the RE license? ✔Correct Answer-
Social Security card
,A student can miss how much time from the Pre-license course? ✔Correct Answer-8 hrs
Students taking the pre-licensing course must pass the end of course exam with a grade of
✔Correct Answer-70 or higher
Eight real estate activities that require a license ✔Correct Answer-A ADVERTISE REAL ESTATE
SERVICES
B BUY
A APPRAISE
R RENT OR PROVIDE RENTAL INFORMATION OR LISTS
S SELL
A AUCTION
L LEASE
E EXCHANGE
Only ___________ of mutual recognition states can apply for mutual recognition ✔Correct
Answer-non residents
Who is exempt from certain education requirements? ✔Correct Answer-People with 4 year degree
in Real Estate-Exempt from Pre License Course I & II, Post Licensing, Not exempt from continuing ed
Active FL Attorneys: Exempted from Pre License Course I and Continuing Ed Not exempt from Pre
License II and Post Licensure
An applicant has _______ from the time their application is approved to pass the Real Estate Exam
✔Correct Answer-2 years
Applicants must score a _____ on the FL Real Estate Exam ✔Correct Answer-75 or higher
Sales associates are required to complete a ________ requirement for post licensing ✔Correct
Answer-45 hour post licensing course and pass an end of course exam with 75 or higher (if fail must
wait 30 days before retaking)
Licensee must complete their post licensee course before their renewal period or their license
becomes ✔Correct Answer-Null and void
After completing post licensing education requirement licensees must complete at least _______
every ______. ✔Correct Answer-14 hours ever 2 years
_______ of core law are required in 2 year, 14 hr renewal cycle. ✔Correct Answer-3 hours
Broker applicants must fulfill an experience requirement of ✔Correct Answer-1.pass 45 hr
continuing ed,
2.holding an active real estate license for at least 24 months(2 years) during the five-year period
preceding application to be eligible. The applicant can be under a FL RE broker, RE broker licensed in
another state or any other foreign jurisdiction, cannot be earned by working for an owner developer
unless the owner developer is a current licensed broker.
Broker licensees are required to complete post-licensing education before the first renewal period.
They must complete a _______ hr post license requirement. Failure to do so will result in the license
becoming ________ ✔Correct Answer-60 hour
, null and void
If a broker fails to complete the post licensing requirements within renewal period the license
becomes ___________. The broker may request and receive a _____________ after completing
_________ of continuing education within_________following the expiration of the broker's license
and provided the broker has complied with all requirements for renewal. ✔Correct Answer-null
and void
sales associate license
14 hours
6 months
A licensee who has received a 4 year degree in real estate from an accredited institution of higher
education is exempt from ✔Correct Answer-Pre License 1
Pre License II-(broker)
Post License
(broker question)If broker fails to complete the post licensing requirements the sales associates'
license working under the broker become ✔Correct Answer-involuntary inactive
Brokers must complete _____ after post licensing requirement has been met ✔Correct Answer-14
hrs of continuing ed every 2 years
3 hours being core law.
the same as the sales associate
authorization by the state to place an applicant on the register(record) of officially recognized
individuals and businesses. ✔Correct Answer-Registration
Sales associates and Broker Associates must be ✔Correct Answer-registered under their employing
broker (or owner developer) They may have only one registered employer at any given time.
passing the real estate examination give the applicant the right to request and be issued a real estate
✔Correct Answer-license
a legal term used to refer to evidence that is good and sufficient on its fact (at first view) to establish
a given fact or prove a case ✔Correct Answer-prima facie evidence
The Business of bringing together buyers & sellers, owners & renters, and completing real estate
transactions. ✔Correct Answer-Real estate brokerage
Chapter 475 F.S. defines____________ as 4 or fewer residential units, vacant land zoned for 4 or
fewer residential units, or agricultural property of 10 or fewer acres ✔Correct Answer-residential
______property is defined in Chapter 475 F.S to mean__________property of more than 10 acres
✔Correct Answer-agricultural
Real estate licensees who engage in the sale, purchase, or lease of business are called ✔Correct
Answer-business brokers
The real estate activity of sale, purchase, or lease of business including tangible and intagible assests
is called ✔Correct Answer-business opportunity brokerage
Answers |Actual Complete Exam |Already Graded A+
(Just Released)
Executive Branch of Florida Government (including the DBPR) ✔Correct Answer-Florida Statue
Chapter 20
The law is often referred to as the Real Estate Practice Act ✔Correct Answer-Florida Statute
Chapter 475
The law that was established for Real Estate Brokers, sales associates, and appraisers ✔Correct
Answer-Florida Statue Chapter 475
Part I of the Florida statue 475 pertains to: ✔Correct Answer-Real estate brokerages
Part II of the Florida Statue 475 pertains to: ✔Correct Answer-Real estate appraisers and sets for
the requirements for FL licensed and certified appraisers
Part III of Chapter 475 pertains to: ✔Correct Answer-The Commercial Real Estate Lien Act, Gives
broker lien rights for earned commission. This act applies only to the commercial property (not
residential property)
The Commercial Real Estate Sales Commission Lien Act ✔Correct Answer-The right to place against
owner's net proceeds(personal property) from the sale and does not attach to the commercial real
property.
Part IV, of Chapter 475, Commercial Real Estate Leasing Commission Lien Act ✔Correct Answer-
Give a broker lien rights for earned commission associated with a brokerage agreement to lease
commercial real estate
Florida State 455 Regulation of Professions and Occupations ✔Correct Answer-Department of
Business and Professional Regulation and the professions under the department
Florida Statue Chapter 120 ✔Correct Answer-Procedural process for all governmental entities
authorized under the Florida constitution. The licensing and disciplinary process for real estate
licensees is outlined in this chapter.
Florida Administrative Code Chapter 61J2 ✔Correct Answer-Florida Real Estate Commission Rules
A person who performs real estate services for compensation but who does so under the direction,
control, or management of a broker or an owner developer. ✔Correct Answer-Sales Associate
An individual who is qualified to be issued a broker's license but who operates as a sales associate in
the employ of another ✔Correct Answer-Broker Associate
An unlicensed entity that sells, exchanges, or leases it own property ✔Correct Answer-Owner
Developer
,What are some rules of staff of owner developer? ✔Correct Answer-Sales associates must have an
active real estate license in order to receive a commission. Sales staffed is exempted from licensure if
paid strictly a salary.
"Let the Buyer Beware" ✔Correct Answer-Caveat emptor
Licensees applicants Requirements: ✔Correct Answer-Background check of any crimes
Must disclose prior convictions including if a court action was (adjudicated) withheld
disclose on the application any other name or alias, including maiden name
18 years old
high school diploma or equivalent
possess a Social Security Number
Be of good character
Have not violated a Chapter 475 within 1 year prior to application.
How long is the license application good for? ✔Correct Answer-2 years from the date of the
completed application received by the DBPR
"no contest" ✔Correct Answer-Nolo contendere
a process by which the record of criminal conviction is destroyed or sealed after expiration of time
✔Correct Answer-Expungement
A 30 day period is allowed after receipt of the application to check for errors and omissions and to
send the applicant a _________ concerning any additional information required. ✔Correct
Answer-Notice of insuffiency
Do you have to be a US citizen to apply for a FL real estate license? ✔Correct Answer-No
Requirements for Nonresidents applicant requirements ✔Correct Answer-US citizenship is not
required(must possess a SS#)
Do not have to be a FL resident(must indicate nonresident)
When a licensee moves out of state (becomes a non residents) they must notify the Commission
within ✔Correct Answer-60 days
an agreement between two states that allows a real estate licensee with a valid license in one of the
states to practice real estate in both states. ✔Correct Answer-Reciprocity
a contract between two states that recognize each other's real estate education. ✔Correct Answer-
mutual recognition agreements
Mutual recognition applicants must demonstrate knowledge of the Florida's real estate laws by
✔Correct Answer-passing a license exam that consists of 40 question concern FL real estate law
A person who has resided in FL continuously for a period of four calendar months or more with the
preceding year, regardless of in an RV, hotel, rental unit etc ✔Correct Answer-Resident
A real estate applicant is required to have what to apply for the RE license? ✔Correct Answer-
Social Security card
,A student can miss how much time from the Pre-license course? ✔Correct Answer-8 hrs
Students taking the pre-licensing course must pass the end of course exam with a grade of
✔Correct Answer-70 or higher
Eight real estate activities that require a license ✔Correct Answer-A ADVERTISE REAL ESTATE
SERVICES
B BUY
A APPRAISE
R RENT OR PROVIDE RENTAL INFORMATION OR LISTS
S SELL
A AUCTION
L LEASE
E EXCHANGE
Only ___________ of mutual recognition states can apply for mutual recognition ✔Correct
Answer-non residents
Who is exempt from certain education requirements? ✔Correct Answer-People with 4 year degree
in Real Estate-Exempt from Pre License Course I & II, Post Licensing, Not exempt from continuing ed
Active FL Attorneys: Exempted from Pre License Course I and Continuing Ed Not exempt from Pre
License II and Post Licensure
An applicant has _______ from the time their application is approved to pass the Real Estate Exam
✔Correct Answer-2 years
Applicants must score a _____ on the FL Real Estate Exam ✔Correct Answer-75 or higher
Sales associates are required to complete a ________ requirement for post licensing ✔Correct
Answer-45 hour post licensing course and pass an end of course exam with 75 or higher (if fail must
wait 30 days before retaking)
Licensee must complete their post licensee course before their renewal period or their license
becomes ✔Correct Answer-Null and void
After completing post licensing education requirement licensees must complete at least _______
every ______. ✔Correct Answer-14 hours ever 2 years
_______ of core law are required in 2 year, 14 hr renewal cycle. ✔Correct Answer-3 hours
Broker applicants must fulfill an experience requirement of ✔Correct Answer-1.pass 45 hr
continuing ed,
2.holding an active real estate license for at least 24 months(2 years) during the five-year period
preceding application to be eligible. The applicant can be under a FL RE broker, RE broker licensed in
another state or any other foreign jurisdiction, cannot be earned by working for an owner developer
unless the owner developer is a current licensed broker.
Broker licensees are required to complete post-licensing education before the first renewal period.
They must complete a _______ hr post license requirement. Failure to do so will result in the license
becoming ________ ✔Correct Answer-60 hour
, null and void
If a broker fails to complete the post licensing requirements within renewal period the license
becomes ___________. The broker may request and receive a _____________ after completing
_________ of continuing education within_________following the expiration of the broker's license
and provided the broker has complied with all requirements for renewal. ✔Correct Answer-null
and void
sales associate license
14 hours
6 months
A licensee who has received a 4 year degree in real estate from an accredited institution of higher
education is exempt from ✔Correct Answer-Pre License 1
Pre License II-(broker)
Post License
(broker question)If broker fails to complete the post licensing requirements the sales associates'
license working under the broker become ✔Correct Answer-involuntary inactive
Brokers must complete _____ after post licensing requirement has been met ✔Correct Answer-14
hrs of continuing ed every 2 years
3 hours being core law.
the same as the sales associate
authorization by the state to place an applicant on the register(record) of officially recognized
individuals and businesses. ✔Correct Answer-Registration
Sales associates and Broker Associates must be ✔Correct Answer-registered under their employing
broker (or owner developer) They may have only one registered employer at any given time.
passing the real estate examination give the applicant the right to request and be issued a real estate
✔Correct Answer-license
a legal term used to refer to evidence that is good and sufficient on its fact (at first view) to establish
a given fact or prove a case ✔Correct Answer-prima facie evidence
The Business of bringing together buyers & sellers, owners & renters, and completing real estate
transactions. ✔Correct Answer-Real estate brokerage
Chapter 475 F.S. defines____________ as 4 or fewer residential units, vacant land zoned for 4 or
fewer residential units, or agricultural property of 10 or fewer acres ✔Correct Answer-residential
______property is defined in Chapter 475 F.S to mean__________property of more than 10 acres
✔Correct Answer-agricultural
Real estate licensees who engage in the sale, purchase, or lease of business are called ✔Correct
Answer-business brokers
The real estate activity of sale, purchase, or lease of business including tangible and intagible assests
is called ✔Correct Answer-business opportunity brokerage
