Yes, provided he pays the late fee. - No, his license will be null and void if he does
not complete the education requirement and renew on time.
Jevon just learned that his employer's broker license has been suspended. What status
will his own license become?
Active
Ineffective
Involuntary in...
FL Real Estate Exam QUESTIONS SET(800+
QUESTIONS) | Verified Q&A’s| Latest Update
Danny is a sales associate working for Jay, the owner/developer for both Shirley Homes
and Laverne Estates. To sell real estate for both business entities, what must Danny
have?
A broker license
A group license
Multiple employers
Multiple licenses - ✔✔A group license
What amount of education will you need to complete before your first sales associate
license renewal?
14 hours of continuing education
24 hours of continuing education
45 hours of post-licensing education
75 hours of post-licensing education - ✔✔45 hours of post-licensing education
Robert did not complete his post-licensing education before his first license expiration
date. May he continue to work as a sales associate?
No, his license will be null and void if he does not complete the education requirement
and renew on time.
No, Robert's license will automatically revert to involuntary inactive if he does not
renew on time.
Yes, as long as he renews within two years.
,Yes, provided he pays the late fee. - ✔✔No, his license will be null and void if he does
not complete the education requirement and renew on time.
Jevon just learned that his employer's broker license has been suspended. What status
will his own license become?
Active
Ineffective
Involuntary inactive
Voluntary inactive - ✔✔Involuntary inactive
How long can a license remain in involuntary inactive status?
No more than a year
No more than five years
No more than six months
No more than two years - ✔✔No more than two years
The new governor is seating a real estate commission in Florida. Which of the following
is a qualification for commission membership?
Commission employee for three years
Florida citizen and resident for the past three years
Real estate broker for the past five years
Real estate salesperson for at least five years - ✔✔Real estate broker for the past five
years
How many members serve on the Florida Real Estate Commission?
10
Eight
,Five
Seven - ✔✔Seven
-Four FREC members must be licensed real estate brokers, who each must have held an
active license for five years before they join the commission.
-One member must be a licensed broker or a licensed sales associate who has held an
active license for the two years preceding appointment.
-Two members must be people who are not, and have never been, brokers or sales
associates.
The Florida legislature, under FL §455.223-225, granted the DBPR the authority to
______.
Appoint members to the FREC
Impose imprisonment as a penalty
Investigate consumer complaints
Tax real estate transactions - ✔✔Investigate consumer complaints
Which one of the following performs ministerial duties, such as recordkeeping, for the
FREC?
DBPR
DCPA
DHR
DRE - ✔✔DRE (divison of real estate)
There is one opening on the commission. The current Commission has: 3 Brokers/1 Sales
Associate/2 Consumers. Which individual is qualified to join?
A broker with at least five years of experience
, A broker with at least two years of experience
An unlicensed consumer
A sales associate with at least five years of experience - ✔✔A broker with at least five
years of experience
Which one of the following statements about dual agency in Florida is true?
A licensee can't act as a fiduciary for a buyer and a seller in the same transaction.
A transaction broker may act as a dual agent.
Dual agency must be disclosed in writing.
Dual agents are not bound to confidentiality. - ✔✔A licensee can't act as a fiduciary
for a buyer and a seller in the same transaction.
Who has been given the authority to act on behalf of someone else?
A client
A mortgage lender
An agent
A trustor - ✔✔An agent
For all intents and purposes, subagents are agents of the _______.
Buyer
Seller
The buyer's broker
The listing broker - ✔✔Seller
Betsy is buying a home from Joe. Joe's listing agent is Keri, and Betsy has no
representation. Which of these statements is true about this transaction?
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