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

Florida Real Estate Exam

1 / 100

Which of the following would not be considered real property?

2 / 100

Who appoints and confirms the members of the Florida Real Estate Commission?

3 / 100

According to the Do Not Call list and Established Business Relationship (EBR) Rules, how many months does a company have to call the consumer if they made an inquiry with the company?

4 / 100

The period over which a property may be profitably utilized is called its:

5 / 100

A property owner wishes to build a neighborhood grocery store in an area zoned for residential use. Which of the following would MOST likely be used to obtain permission to build the store?

6 / 100

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

7 / 100

Ideally, the Florida Real Estate Recovery Fund should be at

8 / 100

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

9 / 100

Under these rights, all landowners whose properties adjoin a river or stream, have the right to make reasonable use of it as it flows through or over their properties.

10 / 100

Restrictive covenants, are also known as

11 / 100

What does the Federal Housing Administration do?

12 / 100

Typically a trust is a _____ -party relationship.

13 / 100

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

14 / 100

In order for a month-to-month tenancy to be legally valid which of the following MUST the contract include?

15 / 100

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

16 / 100

Who funds the Florida Real Estate Recovery Fund?

17 / 100

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

18 / 100

If a seller rejects a written offer made by a buyer, changes the terms of the offer, and has the new offer delivered to the buyer, it is considered what?

19 / 100

Liquidated damage is most likely to be found in which of the following documents?

20 / 100

In preparing for variable expenses in a property management budget, the property manager should set up a what?

21 / 100

Brokerages and real estate agents across America connect using a

22 / 100

What is it called when parties have fully performed the terms of a contract?

23 / 100

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

24 / 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?

25 / 100

Is Florida a Community Property state?

26 / 100

What is a legally enforceable obligation that arises from one or more parties due to the parties actions, conduct, or circumstances?

27 / 100

Which of the following statements is NOT true about radon?

28 / 100

How many hours of post-license education are required for the initial renewal of a Florida Sales Associate license?

29 / 100

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

30 / 100

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

31 / 100

In the case of a standard tax lien who gets paid first?

32 / 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?

33 / 100

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

34 / 100

A tenant rented an apartment, signing a 16-month lease. After the lease expired, the tenant paid 1 month's rent and got a receipt. What kind of type of lease does the tenant have?

35 / 100

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

36 / 100

Johnny is purchasing a house and does not want to purchase all of the furniture that is being left behind. He signs the contract on Tuesday, and on Thursday changes his mind about the furniture. He calls his agent, and they add the furniture to the contract. What is this an example of?

37 / 100

How many miles does a township contain?

38 / 100

During the listing agreement a commission of 6% is established. The house is sold for $250,000. What is the commission?

39 / 100

Which of the following may receive compensation from the Florida Real Estate Recovery Fund?

40 / 100

An example of economic obsolescence in real estate is

41 / 100

As a general rule of thumb ALL written offers must be:

42 / 100

According to the Do Not Call list and Established Business Relationship (EBR) Rules, how many months does a real estate professional have to call an expired listing client to solicit new business (referral)?

43 / 100

How many total members are there in the Florida Real Estate Commission?

44 / 100

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

45 / 100

A real estate contract can be rescinded because of what?

46 / 100

All of the following will void an offer except

47 / 100

Buyer Dan is considering buying a lot to build a single family residence. Dan hires an appraiser to appraise the lot. Which approach to value would the appraiser choose to complete the task?

48 / 100

What is the best definition listed for the term: “conventional loan?”

49 / 100

Which of the following is an example of Economic Obsolescence?

50 / 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?

51 / 100

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

52 / 100

The fact that land has a number of important uses is the basis for what essential element of value?

53 / 100

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

54 / 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.

55 / 100

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

56 / 100

What specific formula would be used to estimate the value of a property using the income approach?

57 / 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?

58 / 100

What is the document that defines the relationship between the broker and the seller?

59 / 100

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

60 / 100

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

61 / 100

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

62 / 100

Which of the following is a common example of real estate police power?

63 / 100

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

64 / 100

Which of the following best describes the prepayment penalty clause?

65 / 100

The type of easement that is a right-of-way for a utility company's power lines is what?

66 / 100

Mortgage points, also known as discount points, are

67 / 100

What is the total quantity that buyers are willing to buy at a given time at certain prices?

68 / 100

The execution date or date executed is the day a contract is signed. The effective date is what? Choose the best answer.

69 / 100

When a home is purchased using an adjustable rate mortgage or ARM, the monthly loan payment on the mortgage will:

70 / 100

A mortgagor is also known as the:

71 / 100

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

72 / 100

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

73 / 100

If an applicant for a real estate license provides false information, they commit which of the following criminal violations?

74 / 100

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

75 / 100

The Florida Real Estate Commission holds a meeting for the purpose of passing a new rule. This is an exercise of which power?

76 / 100

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

77 / 100

Holding earnest money without depositing it, is what?

78 / 100

Which business structure traditionally features a board of directors?

79 / 100

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

80 / 100

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

81 / 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?

82 / 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.

83 / 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?

84 / 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.

85 / 100

What is the measurement or boundary between a plot of land or a building and the road onto which the plot or building fronts?

86 / 100

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

87 / 100

A salesperson working for Trinity Real Estate LLC has moved to Lotus Realty. What happens to the listings the salesperson took at Trinity Real Estate LLC?

88 / 100

When, if all, can an executed contract be assigned?

89 / 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?

90 / 100

It is the _____ duty to explain the purchase agreement and to not mislead any parties.

91 / 100

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

92 / 100

A homeowner hired a construction company to build a swimming pool at his home. The homeowner failed to pay the bill once the work was completed and the construction company filed a lien to obtain payment of the debt. The encumbrance created is called a:

93 / 100

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

94 / 100

A lender agrees to release the first borrower from all financial obligations and let a second buyer be responsible for the repayment of the debt. What is this an example of?

95 / 100

If a court decides a remedy for a seller compelling them to sell the property, it is known as what?

96 / 100

The Bundle of Rights include:

97 / 100

A seller named Joan gave a buyer named Bob an option for thirty days to purchase her property for a consideration of $750. There is no anti-assignment clause in the contract. Which of the following statements is NOT true?

98 / 100

Government power is the constitutional authority and inherent power of a state to adopt and enforce laws and regulations to promote and support the public health, safety, morals, and general welfare. Escheat is

99 / 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?

100 / 100

A real estate commission is usually based on the:

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: http://www.myfloridalicense.com/DBPR/real-estate-commission/

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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