Florida Real Estate License Exam Prep 2024 questions and verified correct answers
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Florida Real Estate License
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Florida Real Estate License
Chapter 20 - correct answer Establishes the structure of the executive branch of Florida government
Chapter 475, Part 1 - correct answer Real Estate Brokerage (FREC)
Chapter 475, Part II - correct answer Real Estate Appraisal (FREAB)
Chapter 475, Part III - correct answer Commercial Real E...
Chapter 20 - correct answer Establishes the structure of the executive branch of Florida government
Chapter 475, Part 1 - correct answer Real Estate Brokerage (FREC)
Chapter 475, Part II - correct answer Real Estate Appraisal (FREAB)
Chapter 475, Part III - correct answer Commercial Real Estate Sales Commission Lien Act
Chapter 475, Part IV - correct answer Commercial Real Estate Leasing Commission Lien Act
Chapter 455 - correct answer Defines practices and procedures of the Department of Business and
Professional Regulation (DBPR) and all licensees
Chapter 120 - correct answer Administrative Procedures Act defines the process by which regulatory
agencies decide and implement agency action
Chapter 61J2, Florida Administrative Code - correct 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? - correct 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? - correct
answer 30 days
,Theft of a license exam or unauthorized copying of an exam is what type of crime? - correct answer Third
degree felony
What is a Mutual Recognition Agreement? - correct answer A written agreement between the FREC and
another state or jurisdiction with mutual education and experience
Who do Mutual Recognition Agreements apply to? - correct 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? - correct 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? - correct 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? - correct 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? - correct answer A grade of 75 or higher
What is the post-license education requirement for sales associates? - correct 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?
- correct answer The license becomes null and void
, What must sales associates who do not complete the post-licensing requirement do? - correct 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? - correct answer Yes
Who is exempt from the post-license education requirement? - correct 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 - correct answer Six
What continuing education courses are required as part of the 14 hour continuing education
requirement? - correct answer Business Ethics (3 hours) and Core Law (3 hours)
Attorneys who are active members of the Florida Bar are exempt from... - correct answer Course 1 (sales
associate) and Continuing Education
What are the Broker candiate requirements? - correct 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
What broker applicants are exempt from Course II? - correct answer Broker applicants with a four year
degree or higher in real estate from an accredited institution of higher education
What are the broker experience requirements? - correct answer Active sales associate for a broker at
least 24 months of the preceding five years, active sales associate in the employ of a government agency
for at least 24 months of the preceding fived years who is paid a salary and performs duties that require
a real estate license, active broker in another state or nation for 24 months of the preceding five years
What are the post-license education requirements for Brokers? - correct answer Completion of 60 hour
post licensing course before first license renewal
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