FL Real Estate License Practice Exam
3 Questions with Verified Answers
The respondent in a complaint has how many days in which to file an appeal to the final
order issued by the Florida Real Estate Commission?
a. Seven
b. Ten
c. Fourteen
d. Thirty - ANSWERSD
In order to renew an initial broker license, a broker must:
I. Take fourteen hours of continuing education
II. Complete the proper form and pay the required fee
III. Successfully complete sixty hours of post licensing course during his or her initial
issue of licensing
IV. Pay proper fee only, since there is no educational requirement if the license is
inactive
a. I and II
b. II and III
c. I, II, and III
d. I, III, and IV - ANSWERSB
An agency relationship can be terminated by:
a. Fulfillment of the contract
b. Cancellation of the contract
c. Performance
d. Any of the above - ANSWERSD
Randy bought a rental list from Broker Dave on July 1 for $200. After previewing the
potential units available for rent, Randy decides to remain at his present location. In
order for Randy to get his full deposit back, what is the deadline to make this request?
a. July 15
b. July 25
c. July 31
d. Randy is not entitled to get his full deposit back. - ANSWERSD
Brokers are allowed to do the following EXCEPT:
,a. Offer a hot-tub to the first ten buyers.
b. Offer a lottery for a hot-tub to the first ten buyers.
c. Use puffery in advertising.
d. Advertise listings outside the state. - ANSWERSB
The words in a deed which state that the grantor has the legal right to convey title is
known as:
a. Warrant of fiduciary
b. Warrant of quiet enjoyment
c. Warrant for seisen
d. Warrant of disposition - ANSWERSC
Michelle, a sales associate for Dolphin Realty, was asked to write all advertising for the
company. Which of the following statements best applies?
a. This is a violation of Chapter 475 F.S. because the broker is the only person
authorized to write advertisements.
b. This is a violation of Chapter 475 F.S. because only the listing sales associate can
write advertisements.
c. This is not a violation of Chapter 475 F.S. because anyone in the office can write
advertisements, provided it is under the direct supervision of the broker.
d. This is not a violation of Chapter 475 F.S. because a sales associate may write
advertisements as long as the sales associate's name is in the advertisement. -
ANSWERSC
What is the name of the imaginary line that runs east and west through Tallahassee?
a. Range
b. Principal meridian
c. Prime meridian
d. Base line - ANSWERSD
Suzy Sales Associate received a binder deposit in the amount of $3,000 on Monday,
February 5th and was instructed to hold the check for two weeks until the buyer was
able to transfer funds to cover it. Suzy talked with the seller and he agreed to this
condition. Two weeks later the check was delivered to and deposited by the broker. Is
Suzy Sales Associate in violation of any laws?
a. Yes, the deposit should have been delivered to the broker immediately.
b. Yes, the deposit should have never been accepted without the broker's permission.
c. No, Suzy was acting under the direct instruction of the buyer.
d. No, as long as the check ultimately was deposited before closing. - ANSWERSA
Broker Fred sold Allen a house with the understanding that if Allen was not satisfied
with the purchase ninety days after the closing, Fred would purchase the property back
, at the price paid. Which of the following is correct if sixty days later Allen decided that
he did not want the property?
a. As long as Broker Fred purchases the property as promised, no violations have been
committed.
b. If Broker Fred places his license inactive, he is not required to fulfill any obligations
made prior.
c. If Broker Fred purchases the property as promised, he may still be guilty of
misrepresentation.
d. If Broker Fred fails to purchases the property as promised, his license will
automatically be revoked. - ANSWERSA
After receiving conflicting demands over a $3,000 escrow deposit, Broker Bill requested
an escrow disbursement order from the FREC who directed Bill to
give the deposit to the seller. Following the disbursement, the buyer sued in court for
the deposit and obtains a judgment in the amount of $3,000. What
remedy may be available?
a. The broker must borrow the money to pay the buyer within thirty days.
b. The broker must ask the seller to give the money back to the buyer.
c. The buyer could have the claim paid by the recovery fund.
d. The buyer and seller must go to arbitration within thirty days. - ANSWERSC
David and his sister Laurie own a piece of property. If David dies and the property
passes to Laurie, how was the property probably held?
a. Tenancy in common
b. Estate for years
c. Joint tenancy
d. Life estate - ANSWERSC
If the DBPR believes that there has been a violation of the real estate license law, they
may:
a. Investigate only those individuals who hold a real estate license
b. Investigate any person thought to have been involved in the case
c. Investigate any person for any reason
d. Not participate in the investigation, this is a FREC matter only - ANSWERSB
When a complaint is filed with the DBPR regarding a criminal violation involving a
licensee, that information is then reported to the:
a. District Court of Appeal
b. Secretary of State
c. State Attorney
d. U.S. Marshall's office - ANSWERSC
3 Questions with Verified Answers
The respondent in a complaint has how many days in which to file an appeal to the final
order issued by the Florida Real Estate Commission?
a. Seven
b. Ten
c. Fourteen
d. Thirty - ANSWERSD
In order to renew an initial broker license, a broker must:
I. Take fourteen hours of continuing education
II. Complete the proper form and pay the required fee
III. Successfully complete sixty hours of post licensing course during his or her initial
issue of licensing
IV. Pay proper fee only, since there is no educational requirement if the license is
inactive
a. I and II
b. II and III
c. I, II, and III
d. I, III, and IV - ANSWERSB
An agency relationship can be terminated by:
a. Fulfillment of the contract
b. Cancellation of the contract
c. Performance
d. Any of the above - ANSWERSD
Randy bought a rental list from Broker Dave on July 1 for $200. After previewing the
potential units available for rent, Randy decides to remain at his present location. In
order for Randy to get his full deposit back, what is the deadline to make this request?
a. July 15
b. July 25
c. July 31
d. Randy is not entitled to get his full deposit back. - ANSWERSD
Brokers are allowed to do the following EXCEPT:
,a. Offer a hot-tub to the first ten buyers.
b. Offer a lottery for a hot-tub to the first ten buyers.
c. Use puffery in advertising.
d. Advertise listings outside the state. - ANSWERSB
The words in a deed which state that the grantor has the legal right to convey title is
known as:
a. Warrant of fiduciary
b. Warrant of quiet enjoyment
c. Warrant for seisen
d. Warrant of disposition - ANSWERSC
Michelle, a sales associate for Dolphin Realty, was asked to write all advertising for the
company. Which of the following statements best applies?
a. This is a violation of Chapter 475 F.S. because the broker is the only person
authorized to write advertisements.
b. This is a violation of Chapter 475 F.S. because only the listing sales associate can
write advertisements.
c. This is not a violation of Chapter 475 F.S. because anyone in the office can write
advertisements, provided it is under the direct supervision of the broker.
d. This is not a violation of Chapter 475 F.S. because a sales associate may write
advertisements as long as the sales associate's name is in the advertisement. -
ANSWERSC
What is the name of the imaginary line that runs east and west through Tallahassee?
a. Range
b. Principal meridian
c. Prime meridian
d. Base line - ANSWERSD
Suzy Sales Associate received a binder deposit in the amount of $3,000 on Monday,
February 5th and was instructed to hold the check for two weeks until the buyer was
able to transfer funds to cover it. Suzy talked with the seller and he agreed to this
condition. Two weeks later the check was delivered to and deposited by the broker. Is
Suzy Sales Associate in violation of any laws?
a. Yes, the deposit should have been delivered to the broker immediately.
b. Yes, the deposit should have never been accepted without the broker's permission.
c. No, Suzy was acting under the direct instruction of the buyer.
d. No, as long as the check ultimately was deposited before closing. - ANSWERSA
Broker Fred sold Allen a house with the understanding that if Allen was not satisfied
with the purchase ninety days after the closing, Fred would purchase the property back
, at the price paid. Which of the following is correct if sixty days later Allen decided that
he did not want the property?
a. As long as Broker Fred purchases the property as promised, no violations have been
committed.
b. If Broker Fred places his license inactive, he is not required to fulfill any obligations
made prior.
c. If Broker Fred purchases the property as promised, he may still be guilty of
misrepresentation.
d. If Broker Fred fails to purchases the property as promised, his license will
automatically be revoked. - ANSWERSA
After receiving conflicting demands over a $3,000 escrow deposit, Broker Bill requested
an escrow disbursement order from the FREC who directed Bill to
give the deposit to the seller. Following the disbursement, the buyer sued in court for
the deposit and obtains a judgment in the amount of $3,000. What
remedy may be available?
a. The broker must borrow the money to pay the buyer within thirty days.
b. The broker must ask the seller to give the money back to the buyer.
c. The buyer could have the claim paid by the recovery fund.
d. The buyer and seller must go to arbitration within thirty days. - ANSWERSC
David and his sister Laurie own a piece of property. If David dies and the property
passes to Laurie, how was the property probably held?
a. Tenancy in common
b. Estate for years
c. Joint tenancy
d. Life estate - ANSWERSC
If the DBPR believes that there has been a violation of the real estate license law, they
may:
a. Investigate only those individuals who hold a real estate license
b. Investigate any person thought to have been involved in the case
c. Investigate any person for any reason
d. Not participate in the investigation, this is a FREC matter only - ANSWERSB
When a complaint is filed with the DBPR regarding a criminal violation involving a
licensee, that information is then reported to the:
a. District Court of Appeal
b. Secretary of State
c. State Attorney
d. U.S. Marshall's office - ANSWERSC
