Florida Real Estate Practice Exam – 2025 Edition

Welcome to your full-length 2025 Florida Real Estate Practice Exam. This test includes 300 questions based on official guidelines from FREC, DBPR, and Pearson VUE. Select the best answer for each question and review your performance at the end.

Welcome to your Florida Real Estate Practice Exam – 2025 Edition

Q1. (2025) What is the primary purpose of the Florida Real Estate Commission (FREC)?

A. To represent the interests of real estate brokers in Florida

B. To protect the public through regulation of real estate licensees

C. To manage the Florida Multiple Listing Service

D. To issue building permits statewide

None

Comment

Q2. (2025) A broker is acting as a single agent for a seller. Which duty is NOT owed to the seller?

A. Loyalty

B. Obedience

C. Full disclosure

D. Limited confidentiality

None

Q3. (2025) Which lien takes priority over all other liens in Florida?

A. Mechanic's lien

B. First mortgage lien

C. Property tax lien

D. Judgment lien

None

Q4. (2025) Which type of tenancy involves ownership by two or more people with the right of survivorship?

A. Tenancy in common

B. Joint tenancy

C. Tenancy at sufferance

D. Estate for years

None

Q5. (2025) What is the purpose of the Real Estate Recovery Fund?

A. To reimburse brokers for advertising expenses

B. To protect brokers from lawsuits

C. To compensate consumers financially harmed by licensee misconduct

D. To fund educational courses for licensees

None

Q6. (2025) What is the purpose of a defeasance clause in a mortgage contract?

A. Allows acceleration after default

B. Ensures lender retains title until full payment

C. Cancels lender’s interest once loan is repaid

D. Subordinates the lien to another mortgage

None

Q7. (2025) A developer sells 50 lots in a new subdivision. What law requires them to register the subdivision with the Consumer Financial Protection Bureau (CFPB)?

A. RESPA

B. Interstate Land Sales Full Disclosure Act (ILSA)

C. ECOA

D. Florida Land Sales Act

None

Q8. (2025) What is the statute of limitations for written real estate contracts in Florida?

A. 2 years

B. 3 years

C. 5 years

D. 7 years

None

Q9. (2025) Which of the following actions is considered a first-degree misdemeanor under Florida real estate law?

A. Advertising without a license

B. Operating an unregistered branch office

C. Providing false rental listings for a fee

D. Failing to disclose dual agency

None

10.

Q10. (2025) A sales associate receives a postdated check as an escrow deposit. What must they do?

A. Reject the check

B. Notify their broker immediately

C. Wait until the date on the check before submitting

D. Return it to the buyer

None

11.

Q11. (2025) What must a licensee do when changing their mailing address?

A. Update it within 30 days

B. Notify the FREC in writing within 10 days

C. Wait until license renewal

D. Report only if moving out of state

None

12.

Q12. (2025) Which business structure may NOT register as a real estate brokerage in Florida?

A. Sole proprietorship

B. Limited partnership

C. Corporation

D. Joint venture

None

13.

Q13. (2025) What action by a broker would be considered commingling?

A. Depositing an earnest money check into an escrow account

B. Holding multiple escrow deposits in one account

C. Mixing personal funds with escrow funds

D. Refunding earnest money after a failed deal

None

14.

Q14. (2025) What is the maximum fine FREC can impose per violation of Chapter 475, F.S.?

A. $1,000

B. $2,500

C. $5,000

D. $10,000

None

15.

Q15. (2025) Which situation would require a real estate license?

A. Selling your own property

B. Referring a friend to a broker for a fee

C. Performing a broker's price opinion as a salaried assistant

D. Managing rentals for one owner

None

16.

Q16. (2025) What is the required continuing education for active license renewal in Florida?

A. 8 hours

B. 12 hours

C. 14 hours

D. 18 hours

None

17.

Q17. (2025) What is the maximum payment from the Real Estate Recovery Fund for a single transaction?

A. $25,000

B. $50,000

C. $75,000

D. $100,000

None

18.

Q18. (2025) Who is exempt from holding a Florida real estate license?

A. Anyone managing rentals

B. Attorneys acting within their scope

C. Licensed brokers from other states

D. Real estate appraisers

None

19.

Q19. (2025) What is the effect of an "as is" clause in a contract?

A. No inspections allowed

B. Seller not liable for any known defects

C. Buyer waives all rights to terminate

D. Seller discloses, but doesn’t fix defects

None

20.

Q20. (2025) What happens if a broker fails to maintain required escrow funds?

A. License is automatically suspended

B. Client may be fined

C. Broker is subject to disciplinary action

D. Transaction must be canceled

None

21.

None

22.

Q21. (2025) Which appraisal principle refers to the most probable price a property should bring?

A. Principle of contribution

B. Principle of substitution

C. Market value

D. Cost approach

None

23.

Q22. (2025) What must a broker do before changing a business address?

A. Inform FREC within 10 days

B. Submit fingerprint verification

C. Notify local board of REALTORS®

D. Renew all active licenses

None

24.

None

Time's up

Time is Up!