Free Florida Real Estate Practice Test (25 Questions)
This free Florida real estate practice test has 25 questions taken from our 420-question bank. They cover license law, brokerage relationships, escrow, contracts, closing math, mortgages, appraisal and Florida taxes. Pick an answer to see right away whether it is correct, with an explanation and the statute or rule it comes from. The real exam needs 75%.
1. A broker applicant must have held an active sales associate license for at least:
2. If a broker's license is suspended, licenses of sales associates registered under that broker become:
3. Fiduciary duties under Florida law arise from:
4. Unless a different relationship is established in writing, Florida presumes a licensee is operating as a:
5. How often must the broker maintain a current written record of each team's members?
6. When a deposit is held by a title company, the buyer's broker must request written verification of receipt within:
7. Monthly trust account reconciliations must:
8. To recover from the Real Estate Recovery Fund, a claimant normally must first:
9. The radon gas notification must appear on at least one document at or before contract for sale or rental of any building, EXCEPT for:
10. A residential tenancy without a specific duration, where rent is paid monthly, is:
11. A form of ownership in which an entity owns the property and residents hold shares with a right to occupy a unit is:
12. A buyer dealing with a trustee named in a recorded deed under s. 689.073 must:
13. Township lines and range lines form townships measuring:
14. An agreement that cannot be performed within what period must be evidenced by a signed writing?
15. A listing that continues past its expiration date unless the seller notifies the broker of cancellation:
16. The seller and any agent must keep the completed lead disclosure attachment for at least:
17. Under Reg Z valuation independence rules, a loan officer may NOT:
18. RESPA Section 8 prohibits:
19. A loan whose payments do not cover the interest due, so the balance grows, has:
20. Price $250,000, appraisal $260,000. A lender lends 80% of the lower of price or appraisal. The loan is:
21. Annual escrowed taxes and insurance total $7,200. The maximum RESPA escrow cushion is:
22. Documentary stamp tax on a deed showing consideration of $199,950 (non-Miami-Dade) is:
23. An investor requires an 8% return on a property producing $72,000 NOI. The most the investor should pay is:
24. Fannie Mae says comparable sales used in an appraisal should generally have closed within the last:
25. A homestead owned by a quadriplegic is:
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