FLORIDA REAL ESTATE STATE EXAM QUESTIONS AND ANSWERS 2024/2025
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Course
Real estate
Institution
Real Estate
The best protection that the public has during a Real Estate transaction is (are)
A. The national and state association of REALTORS
B. The punishment of licensees dealing dishonesty
C. the high ethical standards of real estate agents
D. FREC and the license law
→ D. FREC and the license law
...
C. Mortgage brokers engaged in financing activities.
D. Business Brokers
→ D. Business Brokers
General Partners in a brokerage partnership that are not qualified to perform the services of
real estate must be registered as for what?
→ For Identification Purposes
Which brokerage disclosure notice must be signed or initialed by the buyer or seller before
implementation?
→ Transition to Transaction
When a seller is about to enter a fiduciary relationship with a brokerage firm what must be
given?
→ Single Agency Notice
A broker owes which duty to a customer? What should he disclose?
→ Known Facts affecting the value of the residential property
Sale associate works for a broker and receives an escrow deposit when should he deliver it?
→ To his broker immediately (next business day)
Listings obtained by a sales associate become property of whom?
→ Employing broker
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