2026 FL REAL ESTATE CHAPTER 2 QUIZ (30 Questions And Complete Answers)
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Terms in this set
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The Florida Real Estate Commission was first created in what year?
1. (a) 1932
2. (b) 1925
3. (c) 1923
4. (d) 1919
1. (a) 1932
2. (b) 1925
3. (c) 1923
4. (d) 1919
(b) 1925
What is the purpose of the real estate license law?
1. (a) To protect the public
2. (b) To protect licensees
3. (c) To clarify the law
4. (d) To grant licenses
1. (a) To protect the public
2. (b) To protect licensees
3. (c) To clarify the law
4. (d) To grant licenses
(a) To protect the public
Why was the Florida Real Estate Commission (FREC, or the Commission) created?
1. (a) To protect the public
2. (b) To administer and enforce the law
3. (c) To discipline licensees
4. (d) To award professional designations
1. (a) To protect the public
2. (b) To administer and enforce the law
3. (c) To discipline licensees
4. (d) To award professional designations
(b) To administer and enforce the law
A sales associate failed to complete the required post-license education prior to their renewal deadline. What is the status of the sales associate's license?
1. (a) Revoked
2. (b) Suspended
3. (c) Involuntarily inactive
4. (d) Void
1. (a) Revoked
2. (b) Suspended
3. (c) Involuntarily inactive
4. (d) Void
(d) Void
What does the registration of an active sales associate with the Department refer to?
1. (a) Placing and keeping on record the sales associate's name and home address
2. (b) Placing and keeping on record the sales associate's name, home address and business address of his or her employing broker
3. (c) The broker's name and business address
4. (d) Placing and keeping on record the sales associate's name, and the business address of his or her employer
1. (a) Placing and keeping on record the sales associate's name and home address
2. (b) Placing and keeping on record the sales associate's name, home address and business address of his or her employing broker
3. (c) The broker's name and business address
4. (d) Placing and keeping on record the sales associate's name, and the business address of his or her employer
(b) Placing and keeping on record the sales associate's name, home address and business address of his or her employing broker
How may a licensed sales associate be paid by his or her owner-developer?
1. (a) On a salary basis only
2. (b) On a commission basis only
3. (c) On a commission basis without a bonus
4. (d) On a commission or salary basis
1. (a) On a salary basis only
2. (b) On a commission basis only
3. (c) On a commission basis without a bonus
4. (d) On a commission or salary basis
(d) On a commission or salary basis
What are the minimum employment requirements for a licensed sales associate to qualify for a real estate broker's license?
1. (a) Employed for 6 months under one actively licensed broker
2. (b) Employed for 12 months under one actively licensed broker
3. (c) Employed for 24 months under one or more actively licensed brokers
4. (d) Employed for 6 months under one or more actively licensed brokers
1. (a) Employed for 6 months under one actively licensed broker
2. (b) Employed for 12 months under one actively licensed broker
3. (c) Employed for 24 months under one or more actively licensed brokers
4. (d) Employed for 6 months under one or more actively licensed brokers
(c) Employed for 24 months under one or more actively licensed brokers
How many hours of post-license education are required to renew a broker's license?
1. (a) 14
2. (b) 30
3. (c) 45
4. (d) 60
1. (a) 14
2. (b) 30
3. (c) 45
4. (d) 60
(d) 60
All of the following services require a real estate license, EXCEPT:
1. (a) Leasing
2. (b) Mortgaging
3. (c) Buying
4. (d) Selling
1. (a) Leasing
2. (b) Mortgaging
3. (c) Buying
4. (d) Selling
(b) Mortgaging
All of the following information appears on a Florida real estate license, EXCEPT:
1. (a) The Seal of the State of Florida
2. (b) An expiration date
3. (c) The signature of the Governor
4. (d) The name of the Secretary of the DBPR
1. (a) The Seal of the State of Florida
2. (b) An expiration date
3. (c) The signature of the Governor
4. (d) The name of the Secretary of the DBPR
(c) The signature of the Governor
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