Free Florida Real Estate Practice Exam Questions (November 2023) 100+

Florida Real Estate Exam

1 / 100

Puffing is a term referring to

2 / 100

Closing is always the ____ step in executing a real estate transaction.

3 / 100

When a furnishing company creates materials for the construction of a house and is subsequently not paid, it may file a(n):

4 / 100

The rule-making authority of the Florida Real Estate Commission (FREC) is called what?

5 / 100

Which of these meets the Department of Housing and Urban Development’s (HUD) definition of family as a protected class?

6 / 100

What form of legal land description uses a plat map?

7 / 100

A non licensed buyer negotiated the purchase of a house. During a conversation with the seller, the seller agreed to include both the washer and the dryer, in the sale, and this was included in the sales contract. In this situation, if the seller takes the appliances, what recourse (if any) does the buyer have?

8 / 100

In a single agency relationship a real estate broker represents who?

9 / 100

What is the illegal action or practice of lending money at unreasonably high rates of interest?

10 / 100

This act, allowed greater control for the EPA to control contaminant levels, take legal action against public water auth. for violations, and require periodic water testing and notification to state authority and homeowners if contaminated.

11 / 100

Three identical properties in a suburban neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which property would have sold for the lowest price?

12 / 100

Which business structure traditionally features a board of directors?

13 / 100

Which of the following are the main participants in real estate markets?

14 / 100

Which type of property would an appraisal use a depth table to estimate the property value?

15 / 100

After paying off a loan, the lender files what to release the lien?

16 / 100

A buyer was negotiating the purchase of a lot to build a new family house, the seller indicated that the land was firm enough to support the construction of a building when, in fact, the seller knew it was not. The contract is

17 / 100

The increase of value with the passage of time is best described as:

18 / 100

What is Fannie Mae’s primary responsibility?

19 / 100

Is crossing out part of a printed contract allowed and legally enforceable?

20 / 100

Real property can be converted to personal property by

21 / 100

Which of the following best describes the term "encroachment?"

22 / 100

What form of legal land description consists of principal meridian lines that cover most states in the US, running north to south and baselines running east to west?

23 / 100

A man named Troy lives in California, but owns property across the U.S. He owns property in cities like Pittsburgh, Philadelphia, and D.C. Troy decides he wants to sell his property in D.C. Instead of traveling all the way to D.C. to complete all the paperwork, he calls up his buddy Tony. Troy authorizes Tony, who lives in D.C., to sell his property for him. Troy gives Tony a/an:

24 / 100

A contract agreed to and signed under duress is what?

25 / 100

A double net lease is a rental agreement where:

26 / 100

Mrs Thompson hired a broker to find her a 100+ unit apartment complex for sale. Upon finding one she liked, she made an offer for $2.5 million to include all the personal property as well. In order to include all the personal property Mrs Thompson needs a/an:

27 / 100

The Florida Real Estate Commission established and maintains a Real Estate Recovery Fund. What is one of the primary purposes of the fund?

28 / 100

A buyer gave a broker a written offer to purchase property, which contained a 14-day acceptance clause along with a $3,000 deposit. On the seventh day, before acceptance by the seller, the buyer notified the broker that they were withdrawing their offer and asked for the return of the $3,000 deposit. Which of the following statements are true?

29 / 100

What is the difference between a lease option contract and lease purchase contract?

30 / 100

What is best defined as, a document in which a property owner contracts with a real estate agent to find a buyer for the owner's property?

31 / 100

The ability to buy and sell is also known as what essential element of value?

32 / 100

Which of the following is an economic characteristic of real estate?

33 / 100

Tina and Tom are two unmarried individuals who own property with equal interests and without a right to survivorship. Which of the following forms of ownership would Tina and Tom most likely have?

34 / 100

An individual seeking to be excused from the requirements of a zoning ordinance needs a

35 / 100

Utilizing the 28/36 rule, if Rebbecas gross income is $4,500 a month, she would need to spend less than ______ in housing costs a month to qualify for most loans.

36 / 100

Tony just passed his Florida state real estate exam. His initial license status will be:

37 / 100

Restrictive covenants, are also known as

38 / 100

The majority of homes before _______ used lead paint.

39 / 100

Is Florida a Community Property state?

40 / 100

When talking about business and professional ethics, as a licensed real estate agent, it is important to make sure:

41 / 100

A property owner enters into an exclusive agency listing with an agent. The seller ends up obtaining a buyer for the house themselves. Is the agent entitled to compensation?

42 / 100

How many members of the Florida Real Estate Commission hold a real estate license?

43 / 100

What is the government issued plan to guide the long-term physical development of a particular area?

44 / 100

Title III of the Americans with Disabilities Act (ADA) impacts which type of property?

45 / 100

A property owner acquired the ownership of land that was deposited by a river running through his property by what?

46 / 100

What determines who pays for what and how much at closing?

47 / 100

CRV stands for Certificate of Reasonable Value and is issued by who?

48 / 100

Which of the following statements about water rights is true? Choose the best answer.

49 / 100

Which of the following best describes a balloon payment?

50 / 100

The Latin phrase ad valorem comes up often when talking about property taxes. What does ad valorem mean?

51 / 100

A property owner enters into a listing agreement with an agent. The seller obtains a buyer for the house, but the agent receives a commission. The listing agreement between the agent and the property owner was probably

52 / 100

Which of the following statements does NOT correctly describe a fiduciary?

53 / 100

Tenants by the Entirety and Community Property both generally pertain to

54 / 100

Which of the following consumers would most likely qualify and be able to derive the most benefit from refinancing their mortgage?

55 / 100

Ideally, the Florida Real Estate Recovery Fund should be at

56 / 100

In Florida, what must a sales associate do upon receiving an earnest money deposit?

57 / 100

Which of the following is an example of Economic Obsolescence?

58 / 100

What is radioactive gas dispersed from natural decay of mineral in earth (odorless, colorless, tasteless)?

59 / 100

Who is most likely to win a suit for specific performance?

60 / 100

The term "Licensee," is commonly used in real estate law. A licensee is just:

61 / 100

A seller made a counteroffer and gave three days for acceptance. The very next day, the seller receives a better offer, which they want to accept. What is the first step the seller should make?

62 / 100

What is an item on a property that is installed by the tenant, and is related to the tenant's business classified as?

63 / 100

When contracting parties have signed a contract and both parties have done all they promised to do, it is called this:

64 / 100

The “time is of the essence” contract clause in real estate contracts generally has to do with what?

65 / 100

During your time as agent you will run into many different types of people from areas across the world. Closing is called many names depending on which region of the U.S you are from. Which of the following is NOT a legal name for closing?

66 / 100

A seller tells the listing agent that her home was treated for termites five years ago, and that there are no termites now. Before listing the property, the agent should

67 / 100

If someone is unlawfully forced to execute a contract it is called what?

68 / 100

Under a lease for a commercial property, a tenant agrees to pay $3,000 per month plus 4% of the gross monthly sales. This type of lease is called a:

69 / 100

Which of the following BEST describes a contract that is voidable?

70 / 100

Which of the following entities issues real estate licenses?

71 / 100

Generally speaking, what happens when the supply of available houses in an area increases significantly?

72 / 100

Which type of lien is a claim imposed against a property without the consent of its owner?

73 / 100

Appraiser Larry has a set of special-purpose and public service buildings like schools, churches, and post offices, which he needs to appraise. Which approach to value would Larry, the appraiser choose to complete the task?

74 / 100

Purchase agreements come big and small, and are a crucial aspect of real estate contract law. Which of the following would be an example of a purchase agreement?

75 / 100

Generally speaking, what is the most common type of contingency?

76 / 100

Joint tenants with a right of survivorship means

77 / 100

Which of the following best describes the term "emblements?"

78 / 100

A mortgagor is also known as the:

79 / 100

A contract that legally binds two or more parties together, to specific obligations, that create a legally binding contract between the buyer and the seller.

80 / 100

An agent took a listing and later discovered that her client had previously been declared incompetent by the court. The listing is now

81 / 100

The Bundle of Rights include:

82 / 100

A seller is asked whether any known plumbing defects exist on her property. She replies that to the best of her knowledge there are no plumbing defects. However, unknown to her the pipes are corroded and due for replacement. Is the seller in violation of her disclosure responsibilities?

83 / 100

According to license law in Florida when must a broker deposit transactional funds into a trust account?

84 / 100

After smoking, this is the second leading cause of lung cancer in the United States. A naturally occurring gas that forms in rocks, soil, and water.

85 / 100

An appraiser has been hired to prepare an appraisal report of a property for loan purposes. The property is a 25-year-old strip mall. To which approach to value should the appraiser give the greatest weight when making this appraisal?

86 / 100

To whom does an agent always owe their fiduciary responsibility?

87 / 100

There are three different main approaches that appraisers use while they make an appraisal. What are they?

88 / 100

What is a written supplement or amendment to an existing will such as one affecting the transfer of real estate upon death?

89 / 100

The fifth and fourteenth amendments of the U.S. Constitution permit the government to exercise its power of eminent domain. Eminent Domain is commonly used for:

90 / 100

When you borrow money to buy real estate, you give the lender a _____ against the property.

91 / 100

A housing development advertising its units being only available to people over 55 is what?

92 / 100

The EPA requires real estate professionals to give purchasers and tenants of residential dwelling a pamphlet about Lead-Based paint if the dwelling was built before when?

93 / 100

A buyer of a home was not informed that his house was on a septic tank system. The buyer has the right to:

94 / 100

Tony and Taylor are two unmarried individuals who own property with equal interests and a right to survivorship. Which of the following forms of ownership would Tony and Taylor most likely have?

95 / 100

Who or what determines the amount of an earnest money deposit?

96 / 100

At the very minimum advertising property or services by real estate professionals, should include what?

97 / 100

What hazardous substance is an odorless, colorless gas that can cause death within hours of inhalation?

98 / 100

In common law, a deed is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed. It is commonly associated with transferring title to property. Within deeds, covenants are:

99 / 100

A property's market value is $400,000. The assessment rate for the house is 25% with 22.75 mills and a $25,000 property tax deduction. Find the annual property taxes.

100 / 100

Using a trust typically has advantages and disadvantages. One of the main advantages of Land Trusts are:

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Hello, welcome to our Florida Real Estate Practice Exam.

In Florida, there are 100 questions on the exam. Many states have a national portion and a state portion, but Florida has one section combining both for a total of 100 questions. 

The two most effective study tools for the state exam are practice exams and learning the state-specific license laws. 

Our state-specific practice exam is a fantastic tool to help you grasp your state's real estate topics. It works just like the national practice exam and is updated annually. Usually, using the state practice exam is enough for students to grasp the concepts. However, if you want more, the single most important resource out there is the laws they base the questions on. 

If you haven't looked at your state's Real Estate Statutes or Regulations, it's strongly recommended.

The test makers take snippets of laws applicable to your state and use them for the questions. We use the actual state laws to create our questions, which is why some of the questions may look familiar to you. Some websites and prep providers do not, and that's the secret. You need to know your state's laws. 

Furthermore, It would be best if you read through your laws at least once, and that's the greatest advice we can give you. Trust us, we know it can be very time-consuming, but reading through each one of these will provide you with precisely the information you need to pass. 

Best of luck, reach out if you need anything,

Real Estate License Wizard Team

Florida Real Estate Statutes and Regulations

Here is our list of recommended Real Estate Statutes and Regulations you need to know:

Florida Real Estate Commission Home Page:

NOTE: State websites update semi-frequently and sometimes their website URLs change. If any of the links posted below do not work, please reach out and we will update the links promptly. Thank you.

Florida Real Estate Exam FAQ’s

Have a question about the real estate exam? Find the answers to all your real estate license questions here:

What are Florida’s Real Estate License Requirements?

Real estate license requirements vary from state to state. Here are Florida’s requirements:

  • Must be 18 years or older.
  • Must obtain and submit a copy of your own fingerprints.
  • Must complete required state approved pre-licensing courses (63 credit hours).
  • Estimated cost of total fees and license: $120.50

How Hard is the Florida Real Estate Exam?

The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. To pass the exam in Florida, you’ll need to get a score of at least 75%. With a total of 100 questions, that means the score to pass is 75.

How Many Questions Can You Miss on the Florida Real Estate Exam?

In Florida, you can miss 25 questions and still pass the real estate exam.

How Many Times Can You Take the Florida Real Estate Exam?

There are no limits to the number of times you can take your real estate exam. Anyone who fails the Florida state exam may immediately pay and reschedule the exam. There are no restrictions.

What Is on the Florida Real Estate Exam?

The 100 multiple-choice questions on the salesperson examination cover a variety of topics that are relevant to Florida real estate license law. Here is what topics you are expected to know:

Florida General Exam Topics:

  1. Property Ownership
  2. Land Use Controls and Regulations
  3. Valuation and Market Analysis
  4. Financing
  5. General Principles of Agency
  6. Property Disclosures
  7. Contracts
  8. Leasing and Property Management
  9. Transfer of Title
  10. Practice of Real Estate

Florida State Exam Topics:

  1. Florida State License Law
  2. Florida Real Estate Commission Purpose and Guidelines
  3. Florida Real Estate Prohibited Practices
  4. Chapter 475, Florida Statutes
  5. Environment laws applicable to Florida

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