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Exam (elaborations)

Florida Real Estate License Exam Prep Questions and Answers

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Chapter 20 - Answer-Establishes the structure of the executive branch of Florida government Chapter 475, Part 1 - Answer-Real Estate Brokerage (FREC) Chapter 475, Part II - Answer-Real Estate Appraisal (FREAB) Chapter 475, Part III - Answer-Commercial Real Estate Sales Commission Lien Act ...

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  • October 14, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Licensed Realtor
  • Licensed Realtor
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lectknancy
Florida Real Estate License Exam Prep
2024-2025 Questions and Answers
Chapter 20 - Answer-Establishes the structure of the executive branch of Florida
government

Chapter 475, Part 1 - Answer-Real Estate Brokerage (FREC)

Chapter 475, Part II - Answer-Real Estate Appraisal (FREAB)

Chapter 475, Part III - Answer-Commercial Real Estate Sales Commission Lien Act

Chapter 475, Part IV - Answer-Commercial Real Estate Leasing Commission Lien Act

Chapter 455 - Answer-Defines practices and procedures of the Department of Business
and Professional Regulation (DBPR) and all licensees

Chapter 120 - Answer-Administrative Procedures Act defines the process by which
regulatory agencies decide and implement agency action

Chapter 61J2, Florida Administrative Code - Answer-Rules of the Florida Real Estate
Commission

What are the two applicant agendas? Which is a nonappearance agenda and which is
an appearance agenda? - Answer-Consent agenda (nonappearance) and Summary of
Applicant (SOA, applicant appearance agenda)

What is the time period allowed for the DBPR to check an application for errors and
omissions? - Answer-30 days

Theft of a license exam or unauthorized copying of an exam is what type of crime? -
Answer-Third degree felony

What is a Mutual Recognition Agreement? - Answer-A written agreement between the
FREC and another state or jurisdiction with mutual education and experience

Who do Mutual Recognition Agreements apply to? - Answer-Nonresidents licensed in
other jurisdictions that have a written agreement with the FREC

What education and exam requirements must be completed for applicants under a
mutual recognition agreement? - Answer-Applicants must pass a 40 question, Florida
specific real estate law exam with a grade of 75% or higher and complete the post-
licensing requirement

, What are the sales associate qualifications for license? - Answer-Must be 18 years of
age or older;
Earned a high school diploma or equivalent;
Possess and U.S. social security number;
Be honest, truthful, trustworthy of good character, reputation for fair dealing;
Be competent and qualified to make real estate transactions

Who is exempt from the pre-license course requirement? - Answer-Individuals with a
four year degree or higher in real estate from an accredited institution of higher
education (but they must pass the license exam) and attorneys who are active members
of The Florida Bar (but they must pass the license exam)

What is a passing score on the license exam? - Answer-A grade of 75 or higher

What is the post-license education requirement for sales associates? - Answer-
Completion of the 45 hour post-license course before the expiration of the initial license

What happens if the licensee fails to complete the post-license requirement prior to the
expiration date? - Answer-The license becomes null and void

What must sales associates who do not complete the post-licensing requirement do? -
Answer-Requalify for licensure by completing Course I again and passing the state
license exam

Do Florida-licensed attorneys who are also licensed real estate sales associate need to
complete the post-licensing education requirement? - Answer-Yes

Who is exempt from the post-license education requirement? - Answer-Individuals with
a four-year degree or higher in real estate from an accredited institution of higher
education

Hardship cases approved by the FREC allow licensees an additional ________ month
period following the initial license expiration to complete the post-license education -
Answer-Six

What continuing education courses are required as part of the 14 hour continuing
education requirement? - Answer-Business Ethics (3 hours) and Core Law (3 hours)

Attorneys who are active members of the Florida Bar are exempt from... - Answer-
Course 1 (sales associate) and Continuing Education

What are the Broker candiate requirements? - Answer-Complete Course II with a
passing score of 70 on the end of course exam, active real estate license for at least 24
months during the five year period preceding broker application

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