FLORIDA 2-20 AGENTS LICENSE FINAL EXAM AND STUDY GUIDE NEWEST ACTUAL EXAM
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FLORIDA 2
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FLORIDA 2
FLORIDA 2-20 AGENTS LICENSE FINAL EXAM AND STUDY GUIDE NEWEST ACTUAL EXAM/FLORIDA 2-20 AGENTS LICENSE FINAL EXAM AND STUDY GUIDE NEWEST ACTUAL EXAM/FLORIDA 2-20 AGENTS LICENSE FINAL EXAM AND STUDY GUIDE NEWEST ACTUAL EXAM
FLORIDA 2-20 AGENTS LICENSE FINAL EXAM AND STUDY GUIDE NEWEST 2024 2025 ACTUAL EXAM
An individual does not intend to engage in real estate activity. However, he does plan to be an
officer of a real estate brokerage corporation. Which status BEST describes this situation?
a. Active sales associate license
b. Active broker license
c. Registered with the DBPR
d. Inactive sales associate license - correct answer c. Registered with the DBPR
An individual who has fulfilled all of the academic and experience requirements for real estate
brokers but who operates as a sales associate in the employ of a supervising broker is an
a. active sales associate
b. active broker
c. inactive broker
d. active broker associate - correct answer d. active broker associate
Real estate license applicants who desire to review their most recent license exam MUST file a
request to review within
a. 10 days
b. 14 days
c. 21 days
d. 30 days - correct answer c. 21 days
A nonresident who holds a Florida real estate license MUST
a. consent, once licensed, to having all documents notarized that become part of future real
estate transactions in which the nonresident licensee is involved
b. complete all required post-licensing and continuing education requirements
c. become a Florida resident within the initial license period
d. accept permanent revocation of the license should any violation of the real estate license law
be upheld - correct answer b. complete all required post-licensing and continuing education
requirements
Does a licensee who is convicted of a misdemeanor offense have a duty to report the conviction
of the FREC?
a. Yes, a licensee is required to disclose misdemeanor convictions with 60 days.
,FLORIDA 2-20 AGENTS LICENSE FINAL EXAM AND STUDY GUIDE NEWEST 2024 2025 ACTUAL EXAM
b. Yes, licensees must disclose all convictions to the FREC within 30 days
c. No, licensees are required to disclose felony convictions buy not misdemeanor convictions
d. Yes, the licensee is required to disclose the misdemeanor convictions unless the licensee
pleads nolo contender - correct answer b. Yes, licensees must disclose all convictions to the
FREC within 30 days
Which activity is NOT a real estate service?
a. Mortgaging real property
b. Advertising real property
c. Renting real property
d. Auctioning real property - correct answer a. Mortgaging real property
Which statement is FALSE regarding mutual recognition agreements?
a. the agreements are intended to recognize the education and experience that real estate
licensees have acquired in other states or nations
b. Mutual recognition applicants are required to take a examination on Florida real estate laws.
c. Mutual recognition applicants may be Florida residents or nonresidents
d. Mutual agreements allow Florida real estate licensees to have an equal opportunity for
licensure in jurisdictions with which agreements are concluded - correct answer c. Mutual
recognition applicants may be Florida residents or nonresidents
A sales associate sells real estate on the weekend for brokerage company A. She also works as a
sales associate for brokerage company B. She is paid on a commission basis at both brokerage
company A and brokerage company B. Which statement applies to this situation?
a. As long as the broker for brokerage company A is also an owner-developer, this is an
acceptable arrangement
b. The sales associate is in violation of Chapter 475, F.S.
c. The sales associate must register both employers with the DBPR.
d. This is legal, provided the sales associate is issued a multiple license. - correct answer b. The
sales associate is in violation of Chapter 475, F.S.
Which of the criteria listed below is NOT required to hold a Florida real estate license?
a. Proof of U.S. citizenship
b. 18 years of age or older
,FLORIDA 2-20 AGENTS LICENSE FINAL EXAM AND STUDY GUIDE NEWEST 2024 2025 ACTUAL EXAM
c. High school diploma or GED
d. U.S. Social Security number - correct answer a. Proof of U.S. citizenship
A man owned two farms and a home when he died intestate. The court appointed a personal
representative to dispose of any portions of the decedent's estate that might be subject to
estate taxes and dents of the deceased. The personal representative
a. must have the clerk of the circuit court auction any property sold.
b. must register with the DBPR if he expects to be paid for his work.
c. may advertise, negotiate, and sell the property and be compensated for his work without
registering with the DBPR.
d. must dispose of all real property through an active real estate broker. - correct answer c.
may advertise, negotiate, and sell the property and be compensated for his work without
registering with the DBPR.
A licensed real estate sales associate did NOT complete the post license education requirement
eight months ago. Which statement applies to this situation?
a. The licensee may be eligible for an extension due to physical hardship.
b. The licensee must request an extension in writing to the Commission.
c. The Commission has no legislative authority to extend the post-license requirement beyond
six months.
d. The Commission has the authority to allow the licensee to complete the post license
education requirement if the licensee can document an economic hardship that prevented the
licensee form completing the course. - correct answer c. The Commission has no legislative
authority to extend the post-license requirement beyond six months.
A license applicant has completed the 63- hour sales associate prelicense course. Within what
period of time after being issued a course completion slip for the prelicense course MUST the
applicant pass the state license exam?
a. Indefinitely
b. Two years
c. One year
d. Six months - correct answer b. Two years
What type of evidence unless refuted by evidence to the contrary will prove a case?
a. Prima facie
, FLORIDA 2-20 AGENTS LICENSE FINAL EXAM AND STUDY GUIDE NEWEST 2024 2025 ACTUAL EXAM
b. Notarized
c. Case law
d. Enforceable - correct answer a. Prima facie
Which Florida statute governs the DBPR and the professions under the DBPR?
a. Chapter 120, F.S.
b. Chapter 455, F.S.
c. Chapter 475, F.S.
d. Chapter 492, F.S. - correct answer b. Chapter 455, F.S.
The three real estate license categories do NOT include
a. sales associate.
b. broker
c. broker associate
d. owner-developer - correct answer d. owner-developer
Florida Statutes prohibit members from serving on the Commission for more than
a. one two-year term
b. one four-year term
c. two consecutive four-year terms.
d. three consecutive two-year terms - correct answer c. two consecutive four-year terms.
The Commission's authority to promulgate administrative rules is part of its
a. judicial powers
b. executive powers
c. quasi-judicial powers
d. quasi-legislative powers - correct answer d. quasi-legislative powers
Which statement regarding the Division of Real Estate (DRE) is false?
a. The DRE offices are located in Orlando, Florida
b. The DRE's ministerial duties involve recordkeeping.
c. The director of the DRE is appointed by the FREC chairperson
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