Florida State Broker Real Estate Exam

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Florida Sample Practice Real Estate Exam Questions and Answers

Florida State Section

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Question 1

A salesperson license fee is (not including Fingerprinting fee) is:

A	$100
B	$83.75
C	$120
D	$125

Question 2

The license law is administered by:

A	Florida Real Estate Commission
B	Department of Real Estate
C	The Commission of Florida Real Estate
D	Department of State Florida

Question 3

Standing trees would be considered:

A	Real Property
B	Personal Property
C	Chattels
D	Emblements

Question 4

Which is not necessary for a valid contract?

A	offer
B	legal object
C	acceptance
D	due date

Question 5

Which of the following isn't part of a deed?

A	Premises
B	Habendum
C	acknowledgement
D	novation

Question 6

What term means "going to the state?"

A	Taxation
B	Eminent Domain
C	police power
D	escheat

Question 6 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

Question 7

Which of the following is a landlord's option for a tenant not paying the rent?

A	shutoff the gas
B	shut off the power
C	lock the tenant out of the apartment
D	unlawful detainer action in court

Question 8

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Lessor
B	Agent
C	Buyer
D	Lessee

Question 9

Does Florida allow Holographic wills?

A	Yes
B	No

Question 10

Which of the following would not put a sales person in jeopardy of losing their license in Florida?

A	Being authorized to accept and excessive commission.
B	Convicted of a felony
C	Placing an ad claiming to be a broker when they are not.
D	Depositing his/her clients escrow money into a personal account

Question 11

Which of the following is required for an applicant to receive a Real Estate License?

A	Must be 25 or older
B	Must have a Bachelors degree
C	Must sit and pass the required exam
D	Must have lived in the state for more than a year

Question 12

Do Dower laws apply to properties that enjoy a Homestead exemption?

A	Yes
B	No

Question 12 Explanation:

There is a narrow exception to Florida Dower law that allows its application to a Homestead property when both husband and wife have signed the mortgage. A separate waiver to the Dower law, in this instance, is not sufficient.

Question 13

Does Florida have Joint Tenancy or Tenancy by the Entirety?

A	Joint Tenancy
B	Tenancy by the Entirety
C	Neither
D	Both

Question 14

Is Florida a Community Property state?

A	Yes
B	No

Question 15

Does Florida have homestead laws?

A	Yes
B	No

Question 16

What is homestead protection?

A	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.
B	The estimated value that an asset will have at then end of it's useful life
C	Net cash remaining to investor after sale of investment property
D	Gradual subsidence of waters, leaving dry land

Question 17

How soon can a broker receive a commission check after a closing in Florida?

A	After the transaction is completed and funded.
B	Once the Seller moves out
C	Once the offer sheet is signed
D	When the price is agreed upon

Question 17 Explanation:

Salespersons commissions are paid directly from the broker

Question 18

In what circumstances, if any, can a broker in Florida who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	None; the broker may only collect compensation from one party to a transaction
B	Only when both buyer and seller give informed consent to this arrangement
C	Only when both buyer and seller have legal representation
D	In most circumstances, except when the buyer and seller are related

Question 19

Mortgage "discount" points only apply if which of the following conditions are met?

A	The seller has agreed to pay 1% of the closing costs
B	The interest rate on the mortgage loan has been lowered by 1% for each point charged
C	The interest rate on the mortgage loan has been lowered by 2% for each point charged
D	The loan does not close and the buyer owes the lender for services rendered

Question 20

Does Florida allow reciprocity with other states?

A	Yes
B	No

Question 20 Explanation:

Yes, Florida state has mutual recognition with Alabama, Arkansas, Connecticut, Georgia, Illinois, Mississippi, and Nebraska.

Question 21

How often is Continuing Education due for salesperson?

A	Every year
B	Every 2 years
C	Every 3 years
D	Every 4 years

Question 22

How many hours of continuing education are required for salesperson (Excluding the first renewal when 60 hours of post-license education is needed)?

A	10 hours
B	12 hours
C	14 hours
D	16 hours

Question 22 Explanation:

The Florida Real Estate Commission amended Rule 61J2 - 3.009(2), Florida Administrative Code, to change the continuing educational requirements for renewal, to require 14 hours of continuing education consisting of 3 hours of Core Law, 3 hours of Ethics and Business Practices and 8 hours of specialty education. In order to provide licensees with sufficient notice, this change will be mandatory for real estate licensees who hold a license that expires on September 30, 2018, or thereafter.

Question 23

Real Estate is:

A	landing and buildings
B	land and all permanent attachments to it
C	land only
D	land and everything growing on it

Question 24

When a leery general public does business in Florida, real estate salespersons should defer to outside expert opinions when answering questions for clients.

A	Absolutum dominium
B	Bona official
C	Prima fascia
D	Caveat emptor

Question 25

Which of these is NOT considered one of the eight services of real estate?

A	Appraising
B	Managing, if working as a salaried employee
C	Exchanging
D	Leasing

Question 26

Jim, a salesperson, runs an ad for his friend, Kate, advertising Kate's house for rent as Kate has moved to New Jersey. When the lease is executed, Kate mails Jim a check for $500 for handling the rental. This would be allowable if:

A	Kate does not report this on her income tax
B	Kate and Jim keep it between themselves.
C	Jim has a written agreement to lease and he submits the check to his broker
D	Jim holds an inactive Florida real estate license.

Question 27

The Florida Real Estate Commission does all of the following EXCEPT?

A	Grant, deny, suspend, and revoke real estate licenses
B	Provide Free Continuing Education
C	Conduct investigations
D	Impose disciplinary sanctions

Question 28

Which of these is TRUE regarding FREC?

A	It consists of 7 members, appointed by a Senator
B	5 of 7 must be brokers, active for the last 4 years.
C	2 members must have never been a licensee
D	At least 1 member must be 50 years older

Question 29

The Florida licensing law governing the activities of real estate practitioners is:

A	Chapter 475.
B	Title VII
C	Statue 110
D	The Administrative Code.

Question 30

Florida recognizes all of the following license categories EXCEPT:

A	Sales associate
B	Register
C	Broker
D	Broker-associate

Question 31

All of these are requirements for Florida real estate licensure EXCEPT:

A	18 years of age and older
B	U.S citizen
C	Provide a social security number
D	Pass a FREC I Course of 63 hours

Question 31 Explanation:

The Florida Real Estate Commission recognizes that nonresidents of Florida may have a lesser opportunity than Florida residents to avail themselves of the education, experience, and examination requirements necessary for Florida licensure, and that such nonresidents may therefore apply for licensure under s. 475.180(1), Florida Statutes, as implemented in Rule Chapter 61J2-2, Florida Administrative Code. For purposes of s. 475.180(1), Florida Statutes, a "resident" of Florida is defined as: (1) a person who has resided (regardless of whether the place or base of residence is a recreational vehicle, hotel, rental unit, or any other temporary or permanent situs) in Florida, continuously for a period of 4 calendar months or more, within the preceding one year; or (2) a person who presently resides (regardless of whether the place or base of residence is a recreational vehicle, hotel, rental unit, or any other temporary or permanent situs) in Florida, with the intention to reside continuously in Florida for a period of 4 months or more, commencing on the date that the person began the current period of residence in Florida.

Question 32

The application seeks information from applicants to determine if the applicant possesses all of these EXCEPT:

A	Is of a honest and trustworthy character
B	Has never been convicted of a crime or has never entered a plea of nolo contendere
C	Was never denied a license or had a license revoked in any other state
D	Is likely to succeed in a career in real estate sales

Question 33

The salesperson pre-license course consists of how many hours of instruction?

A	14
B	45
C	63
D	72

Question 34

FREC regulates

A	Real estate licensees
B	DBPR employees
C	Licensed appraisers
D	Mortgage lenders

Question 35

Members of the Commission are:

A	Appointed by the governor and approved by the Secretary of State
B	Appointed by the governor subject to confirmation by the senate
C	Appointed by the DBPR Secretary and approved by the governor
D	Appointed by the DBPR Secretary and approved by the Senate

Question 36

An involuntary inactive license expires and becomes void if no further action is taken within:

A	One year
B	Two years
C	Four years
D	Five years

Question 37

Sarah's real estate license is effective March 1st, 2014. Which of these is TRUE?

A	Sarah passed the Florida exam on March 1st, 2013.
B	Sarah's license expires March 1st, 2016.
C	her renewal date is either March 31 or September 30
D	Sarah's license expires December 30th 2015

Question 38

Commissioners:

A	Serve two year terms.
B	Are comprised of real estate licensees only
C	Are salaried employees of the DBPR
D	Report directly to the governor

Question 39

A broker-associate:

A	Owns and operates her own brokerage firm.
B	Has passed the broker's examination.
C	May hold a multiple license.
D	Has passes only the salesperson's exam

Question 40

Which of these statements is FALSE regarding real estate schools?

A	They are regulated by FREC.
B	They may not recruit students on classroom time.
C	Advertising must be accurate and true.
D	They are not required to include a final exam in their course.

Question 41

The DBPR performs all of the following functions EXCEPT:

A	adopt rules establishing a procedure for biennial renewal of licenses
B	appoint the executive director of the Florida Real Estate Commission
C	approve applications for professional licenses that meet all statutory and rule requirements for licensure
D	disallow the Florida Real Estate Commission from issuing subpoenas

Question 42

If Jackson has no fiduciary duty and offers no representation whatsoever to the buyer or the seller in a transaction, Jackson is a:

A	Transaction Broker.
B	Single Agent.
C	Disinterested Third Party
D	Transition Broker.

Question 43

A broker who has limited representation to a buyer, a seller, or both, in a real estate transaction, but does not represent either in a fiduciary capacity is a:

A	Transaction broker.
B	Single agent.
C	Non-representation broker
D	Dual agent

Question 44

Laws that are written and adopted by legislatures and other governing bodies are known as:

A	Common law
B	Statutory law
C	Real estate law
D	Mandates

Question 45

The agency disclosure requirements of Florida Statute 475.278 would pertain to which real estate transaction?

A	sale of an improved residential property of 4 units or fewer
B	sale of unimproved residential property intended for 4 units or fewer
C	sale of agricultural property of 10 acres or fewer
D	all of the above

Question 46

The duty of confidentiality applies only to which agency representation?

A	transaction broker
B	single agent
C	no brokerage relationship
D	dual agent

Question 47

Which of the following agency relationships in Florida has the fewest number of duties and obligations?

A	Single agent
B	Transaction broker
C	Non-representation
D	All of the above

Question 48

Failure to abide by Florida Statute 475.278, regarding agency disclosures, may result in a Commission issued sanction of:

A	Placing the individual on probation
B	Suspending the individual for up to 10 years or revoke
C	imposing an administrative fine up to $5000 for each offense
D	All of the above

Question 49

An agency disclosure form is NOT required for which agency relationship?

A	Single agent
B	Transaction broker
C	no representation broker
D	None of the above

Question 50

Salesperson Jerry lists Bill's house for sale as a single agent. Under which of these circumstances would the listing agreement be terminated?

A	Bill accepts the offer.
B	At the will of either Jerry or Bill without notice.
C	The date the house is listed placed in the MLS.
D	Upon renunciation by Jerry and with Jerry's broker having full knowledge of this

Question 51

In real estate transaction, the listing broker has an agency relationship with:

A	The seller.
B	The buyer.
C	All parties in the transaction.
D	None of the parties in the transaction.

Question 52

Broker Sally is a "special agent" of principal Greg. Her responsibilities to Greg are as follows:

A	Represent Greg in a specific transaction
B	Represent Greg's interest in all real estate transactions.
C	Exercise a power of attorney for Greg
D	Exercise authority for all of Greg's affairs.

Question 53

As used in the real estate profession, the word "agency" describes:

A	A mandatory part of the name of any company dealing in real estate transactions
B	The fiduciary relationship between an agent and a principal
C	The relationship between a real estate broker and the associated salespeople
D	The relationship between an agent and customer

Question 54

As a real estate broker, Mary has entered into a fiduciary relationship with a buyer, Jack, who wants to purchase a home. Which of the following statements does not describe Mary's relationship with Jack?

A	Mary is Jacks agent
B	Mary owes loyalty to Jack
C	Mary is a neutral third-party
D	Mary must conform to Jack's legal instruction

Question 55

Broker Patrick appoints Jen as an agent, and only Jen, to represent a seller. Jen would be:

A	A single agent
B	A dual agent
C	An affiliated agent
D	A representative agent

Question 56

Our modern system of agency is one of well-defined fiduciary responsibilities. These are:

A	Obedience, loyalty, disclosure, accountability, confidentiality
B	Care, obedience, loyalty, disclosure, accountability, confidentiality
C	Trust, care, obedience, loyalty, disclosure, confidentiality
D	Trust, care, obedience, loyalty, disclosure

Question 57

A salesperson who has just listed a home for a neighbor has the following relationship with the neighbor?

A	The neighbor is the customer
B	The neighbor is the client of the broker
C	The neighbor is the listings broker's customer and not the salesperson's
D	The neighbor is the salesperson's customer

Question 58

A real estate agent has the responsibility to disclose the following to third parties in a transaction:

A	Material facts
B	Buyers' preferences
C	Sellers' preferences
D	Home value stated in the latest appraisal

Question 59

If sales-associate Daniel receives an earnest money check from his buyer on Thursday, Daniel must turn the check over to his broker or employer:

A	By the end of the day on Tuesday
B	By the end of the day on Friday
C	By the end of the day on Monday
D	By the end of the day on Thursday

Question 60

Which of the following is TRUE regarding the broker's office sign?

A	Letters must be at least 6 inches high
B	Each sign must contain the names of all associated licensees
C	The broker's name must be listed and the words "licensed real estate broker"
D	It must not contain a fictitious name

Question 61

Real estate brokerage offices:

A	May be located outside the state of Florida
B	Must be in an enclosed room in a stationary building
C	May not operate within a personal residence
D	May be within the home of a salesperson

Question 62

Advertisements that are deemed false, deceptive, or misleading could cause the broker to be punished by of any of these EXCEPT:

A	An administrative fie up to $5,000
B	Suspension of license
C	Disciplinary action even if the ad were placed by an associate
D	An administrative fine up to $10,000

Question 63

Advertising in which a reasonable person would not know they are dealing with a real estate license is called a(n):

A	Ostensible ad
B	Ambiguous ad
C	Blind ad
D	Erroneous ad

Question 64

Rules regarding internet advertising are more restrictive than rules for other ads in that:

A	Point of contact information is required.
B	Email address is not required.
C	Ads may not be intentionally misleading.
D	Are not required to include the name of the brokerage.

Question 65

Florida statute defines "immediately" for the broker to deposit earnest monies that are turned over to him by an associate as:

A	Within one business day
B	Within 24 hours
C	Within three business days
D	By the end of the week

Question 66

Which of these is TRUE regarding a broker's trust account?

A	It may not be interest bearing.
B	Records must be maintained for at least seven years.
C	The broker may deposit personal funds, up to specified limits, into the account for reconciliation such as to pay bank fees
D	Funds may be deposited from Advanced Fee agreements.

Question 67

A broker, receiving conflicting demands on an earnest money, must:

A	Notify the DBPR immediately
B	Notify the DBPR in writing within 5 business days
C	Notify FREC in writing within 30 days
D	Notify FREC in writing within 15 days

Question 68

Which of these definitions best suits an "advanced fee"?

A	Fees collected "up front" for the listing and marketing of real property
B	The broker borrows a portion of the commission until paid in full at closing
C	A fee a broker charges for a list of available rental properties
D	The broker charges the full commission upon execution of the listing agreement.

Question 69

The DRE will NOT investigate a complaint if:

A	It has reason to believe the allegation is true.
B	The original complainant withdraws the complaint.
C	It is an anonymous complaint.
D	If it is not put in writing and signed.

Question 70

A probable cause panel:

A	Investigates the complaint against the licensee.
B	Consists of at least two members to determine if an allegation of a violation is true.
C	Determines the penalty to be imposed upon a guilty licensee.
D	Determines if a licensee is rightfully entitled to a commission.

Question 71

A summary suspension may be issued:

A	If the allegations against the subject are so severe that the DBPR feels it crucial to immediately suspend the licensee
B	To summarize the circumstances that led to FREC's decision to suspend the subject's license.
C	In lieu of any further action to be taken against the licensee.
D	It it is easily determinable that the licensee is guilty of the allegations thus halting the complaint process.

Question 72

The Florida Real Estate Commission is authorized to do all of the following EXCEPT:

A	Refuse an application to renew.
B	Suspend or revoke a license.
C	Determine the period of incarceration for guilty licensee.
D	Impose probation.

Question 73

FREC has the authority to suspend a guilty licensee for a period of up to:

A	One year
B	Five years
C	Ten years
D	Twenty years

Question 74

A licensee found guilty of selling inaccurate or out-of-date rental information for a fee, that does not return the full fee upon demand, is guilty of a:

A	First degree misdemeanor
B	Second degree misdemeanor
C	Third degree felony
D	Criminal action

Question 75

In order for a claimant to make a successful claim against the Real Estate Recovery Fund, the claimant must do all of these EXCEPT:

A	Successfully sue the licensee in a civil suit.
B	Obtain a judgment.
C	File a writ of execution.
D	Successfully sue the brokerage firm in court.

Question 76

The Real Estate Recovery Fund is funded with all of these sources EXCEPT:

A	Payment from license applicants upon application.
B	Fees charged to licensees renewing their licenses
C	Administrative fines imposed by FREC
D	Taxes

Question 77

Who, or what entity, determines and issues the final order in a disciplinary case constituting the final agency action?

A	DRE
B	DBPR
C	FREC
D	A judge

Question 78

The Florida Fair Housing Law does all of the following EXCEPT:

A	Provides similar provisions to the federal Fair Housing Act.
B	Enhances the federal legislation and assure fair housing for all persons.
C	Will yield to the federal laws the laws conflict.
D	Will prevail if there is a conflict with federal laws.

Question 79

The Florida Americans with Disabilities Accessibility Implementation Act accomplished all of these EXCEPT:

A	Incorporated the Americans with Disabilities Act of 1990.
B	Created law that is more stringent than the ADA.
C	Provided reasonable accommodations for those with disabilities in the workplace.
D	Reduced the federal requirements to ease the burden for Florida builders.

Question 80

The Florida Residential Landlord and Tenant Act does NOT address:

A	Deposits and advanced rents.
B	Maintaining the property.
C	Maximum allowable rent limits.
D	Tenant and landlord obligations.

Question 81

Security deposits and advances rents:

A	May not be deposited in an interest bearing account
B	May be used for the landlord's operating expenses of the property
C	May be held in a non-interest bearing account outside the state
D	may be deposited anywhere with the posting of a surety bond in the county where the dwelling is located or with the Florida Secretary of State

Question 82

Upon termination of the lease, and if the landlord does not intend to impose a claim on the security deposit, the landlord has how long to return the security deposit to the tenant?

A	15 days
B	30 days
C	45 days
D	60 days

Question 83

Which of these statements is FALSE regarding the Florida Residential Landlord and Tenant Act?

A	The landlord may charge the tenant for providing any of these services and said charges such as garbage removal, heat, and hot water
B	The tenant must use appliances in a reasonable manner and may not destroy property intentionally
C	The tenant must allow access to landlord at anytime
D	the tenant shall give the landlord at least 7 days written notice when vacating property before the end of the lease

Question 84

A tenant who wishes to terminate a leasehold early because of the landlord's non-compliance must provide notice of intent to cancel and:

A	May move out immediately without further recourse
B	give the landlord advance written notice 7 days prior to moving
C	May only terminate early by sacrificing the security deposit
D	Pay the landlord one additional month's rent

Question 85

The Florida law that requires a developer of subdivided land sales of 50 or more lots to provide purchasers with a Public Offering Statement is the:

A	Interstate Land Sales Full Disclosure Act
B	Florida Uniform Land Sales Act
C	Florida Fair Housing Law
D	Truth in Land Sales and Development Act

Question 86

Which of the following protected classes are not covered by the Federal Fair Housing Act?

A	Marital status
B	Gender
C	Familial status
D	Disability

Question 87

The practice of trying to talk home buyers of a protected group into buying in a specific area of a city, and other groups into other areas, is known as:

A	Blockbusting
B	Redlining
C	Steering
D	Testing

Question 88

Which of the following acts would be prohibited under the federal fair housing laws?

A	A Brazilian advertising his house for rent "to Brazilians only"
B	A Greek Orthodox Church giving preferential treatment to parishioners in the rental of its housing
C	The American Legion operating a home for veterans as well as the general public
D	A Catholic organization renting out rooms in a guest house near one of its hospitals

Question 89

Which of the following rental practices would be permitted under federal fair housing laws?

A	Refusing to rent to a hearing impaired woman with a service dog because the property does not allow dogs
B	Charging a family with a three-year old boy a higher security deposit than a family with no children
C	Refusing to rent a home to a person who was convicted of marijuana distribution
D	A property manager disclosing to an owner that a prospective tenant is a minority

Question 90

The first major civil rights legislation dealing with housing was passed in:

A	1826
B	1866
C	1875
D	1975

Question 91

Which of the following classes are protected under the Americans with Disabilities Act?

A	people confined to wheelchairs
B	HIV positive individuals
C	intellectually disabled individuals (formerly mental retardation)
D	all of the above

Question 92

Which of the following is NOT a physical characteristic of land?

A	Indestructibility
B	Immobility
C	Beauty
D	Uniqueness

Question 93

Three unrelated owners took title to a warehouse building as joint tenants. One of the owners died testate. The remaining two owners now own the building:

A	As joint tenants
B	Under the state's laws of descent
C	In severalty
D	Subject to the terms of the deceased person's will

Question 94

Which of the following types of property ownership (title) is limited to husbands and wives?

A	Joint tenancy
B	Tenancy in common
C	Tenancy by the entirety
D	Tenancy at will

Question 95

A tenant failed to remove her restaurant equipment before her lease expired, so her landlord acquired title to the fixtures by a method known as:

A	Partition
B	Expulsion
C	Accession
D	Novation

Question 96

Two cousins would like to purchase and take a title to an investment property. Gary will own 3/4 share and Larry will have 1/4 share. To do so, they must take title under which one of the following methods?

A	Severalty
B	Tenants by the entirety
C	Joint tenants
D	Tenants in common

Question 97

Effective October 1, 2017, the 14 hours of continuing required for salespersons must include:

A	3 hour Core Law course
B	3 hour Ethics and Business Practices course
C	8 hours of Specialty Courses (which may include a second Core Law course)
D	all of the above

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36	37	38	39	40
41	42	43	44	45
46	47	48	49	50
51	52	53	54	55
56	57	58	59	60
61	62	63	64	65
66	67	68	69	70
71	72	73	74	75
76	77	78	79	80
81	82	83	84	85
86	87	88	89	90
91	92	93	94	95
96	97	End