Free Florida Real Estate Practice Exam Questions (April 2024) 100+

Florida Real Estate Exam

1 / 100

A contract for the sale of real estate that does not state the consideration to be paid for the property and is not signed by the parties is considered what?

2 / 100

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

3 / 100

Where is the Florida Real Estate Commission located?

4 / 100

Which action is legal as a real estate agent? (Antitrust Laws)

5 / 100

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

6 / 100

Florida contract law requires that a tenant's security deposit must be returned by the landlord within how many days?

7 / 100

In real estate, a deed is best defined as:

8 / 100

An example of functional obsolescence in real estate is

9 / 100

What are the minimum employment requirements for a licensed sales associate to qualify for a real estate broker’s license in Florida?

10 / 100

Restrictive covenants, are also known as

11 / 100

Which of the following is a private land-use control?

12 / 100

Mrs. Jane lives in a small residential neighborhood. 100-year-old trees surround her home, and her neighbor Mr. Joe claims the trees are on his property and is planning on cutting them down. Mrs. Jane tries to reason with Mr. Joe, but he refuses to listen. Mrs. Jane files a lawsuit that includes a court order for Mr. Joe to stop his actions until they can work something out. What type of court order is this?

13 / 100

Unlike apartments, which are leased by their tenants, condominium units are owned outright. A condominium is often shortened to

14 / 100

Mrs. Jackson signs an open listing on her home with three different brokers. In this case:

15 / 100

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

16 / 100

Which of the following fits the description? "A mortgage loan available for military service members, veterans, and eligible surviving spouses; which often comes with better terms than a traditional mortgage."

17 / 100

The Civil Rights Act of 1866 prohibits discrimination in real estate based on:

18 / 100

In most cases, a tenant in an apartment holds:

19 / 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?

20 / 100

If a Florida broker has conflicting demands on money held in escrow, what is the first thing they should do?

21 / 100

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

22 / 100

Choose the best answer. A lawsuit for inverse condemnation may be brought by:

23 / 100

An interest in real property which is held for the duration of the life of a designated person is called a

24 / 100

When you buy real property, you gain several different kinds of rights. One of which are rights called "subsurface rights." What are subsurface rights?

25 / 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

26 / 100

If a contract has prepayment penalties, they can be found in which real estate contract clause?

27 / 100

Which of the following best describes the acceleration clause?

28 / 100

Any loss in the value of a property over time from any cause.

29 / 100

Which of the following sanctions is not within the jurisdiction of the Florida Real Estate Commission (FREC)?

30 / 100

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

31 / 100

Aaron can't get to his property from a public road without crossing over his neighbor Ron's property. In this situation, Aaron needs a/an:

32 / 100

When real estate agents alert the members of a neighborhood that it is "changing" and that they should sell their property. This is an example of what?

33 / 100

Commingling is the opposite of what?

34 / 100

What is the highest form of real estate ownership that is recognized by law, in which the owner can enjoy the property to its fullest extent?

35 / 100

Most states, including Florida have abolished which of the following?

36 / 100

Which of the following would NOT be covered under a builder's new home warranty?

37 / 100

Under the Federal Fair Housing Law, which of the following is considered discriminatory advertising?

38 / 100

Members of the Florida Real Estate Commission can serve for how many consecutive terms?

39 / 100

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

40 / 100

What is the outcome when a purchaser signs a purchase agreement and gives the seller's broker a large check?

41 / 100

If a leased premises becomes uninhabitable deliberately in an attempt to remove the tenant. What is this action called?

42 / 100

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

43 / 100

What is the final step of the real estate appraisal process in which the appraiser weighs each appraisal approach and determines which one is most relevant and should be used?

44 / 100

A real estate commission is usually based on the:

45 / 100

How many hours of continuing education are required for Florida real estate licensees?

46 / 100

What type of court handles the analysis and transfer of real estate or general estate assets of a deceased person (without a will)?

47 / 100

Even after an offer has been accepted and signed (by all parties), the buyer and seller may still choose to sign mutual release papers rather than proceed to closing. Which of the following circumstances would NOT give either party a justifiable reason to insist on a mutual release?

48 / 100

When calculating the amount of real estate taxes owed, calculations are based on what type of value?

49 / 100

One individual or married couple in business alone (The most common form of business structure):

50 / 100

Researching recently sold homes in the area and homes that haven't been sold in the area and comparing their prices. Is an example of

51 / 100

State laws differ on whether a buyer is entitled to know about:

52 / 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?

53 / 100

Which of the following would NOT apply to the income approach in the valuation process?

54 / 100

When you buy real property, you gain several different kinds of rights. One of which are rights called "surface rights." What are surface rights?

55 / 100

Local zoning ordinances often regulate all of the following except

56 / 100

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

57 / 100

Which term refers to the packaging of a number of mortgage loans for sale in the secondary mortgage market by a financial institution or mortgage banker who originated the loans?

58 / 100

The person who hires or appoints an agent is called the:

59 / 100

The legal principle under which a person who does not have legal title to a property acquires legal ownership based on the continuous occupation of the property.

60 / 100

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

61 / 100

By which of the following can you not lose title to your property involuntarily?

62 / 100

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

63 / 100

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

64 / 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?

65 / 100

As a listing agent, what obligations do you owe to an unrepresented buyer?

66 / 100

If a Florida real estate sales associate chooses not to renew his license at the appropriate time. His license will be what?

67 / 100

Which of the following statements is TRUE about trusts and trustors?

68 / 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?

69 / 100

Philip has a contract with his neighbor Jessica for lawn service. Philip can no longer mow the lawn due to an ankle injury. Paul, Jessica's other neighbor, agrees to carry out the terms of Philips contract. In order to do this, Jessica must substitute Philip's name with Pauls on the contract. What is this an example of?

70 / 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?

71 / 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:

72 / 100

Which of the following is a physical characteristic of real estate?

73 / 100

Which of the following statements is TRUE about trusts and trustees?

74 / 100

Market value is

75 / 100

Which of the following contracts would best be described as a contract in which only one party makes a promise to perform an action?

76 / 100

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

77 / 100

A legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset:

78 / 100

Traditionally real estate agents are paid through a fee paid for performing a transaction, called a

79 / 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.

80 / 100

Assuming there are no extra fees, and the broker is representing the buyer and the seller, what was the final sales price of a property if the commission rate was 5.5% and the broker received $11,000.

81 / 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:

82 / 100

A parcel of land that is subject to an easement is best described as:

83 / 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:

84 / 100

Joint tenants with a right of survivorship means

85 / 100

Which of the following is NOT a main element of a valid real estate contract?

86 / 100

How often is continuing education required for Florida real estate licensees?

87 / 100

Which of the following would MOST likely be considered a fixture?

88 / 100

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

89 / 100

Appraiser Leo was hired to prepare a feasibility study for a 12-unit apartment complex in which the owner is considering putting in a swimming pool. Which basic principle of appraising should Leo use?

90 / 100

Which answer includes 3 actual types of business structures? Choose the best answer.

91 / 100

What is the act of mixing the client’s funds with the broker’s own funds? This can be both legal and illegal depending on the state and circumstance.

92 / 100

When an asset is pledged as collateral to secure a loan what is it called?

93 / 100

A collection of federal and state government laws that regulate the conduct and organization of business corporations, normally to promote fair competition for the benefit of consumers.

94 / 100

In the appraisal of a building constructed in the 1930s, the cost approach would be the least accurate method because of difficulties in

95 / 100

A parcel of real property that has an easement over another piece of property is best described as:

96 / 100

Whose obligation is it to disclose potential lead-based paint to buyers of homes built before 1978?

97 / 100

Which of the following real estate contract clauses is typically seen in blanket mortgages and allows for the freeing of all or part of a property from a claim through a proportional or full amount of the mortgage being paid off?

98 / 100

What is the general technique of determining three-dimensional positions of points and the distances and angles between them?

99 / 100

Which of the following is a lien?

100 / 100

What is a one-of-a-kind contract that is solely between the seller and the buyer. In this arrangement, the seller gives the buyer the option to purchase property at a given price for a set period?

Your score is

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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