Question 1
A Florida real estate broker discovers that their sales associate deposited a buyer's $3,000 earnest money check into the sales associate's personal checking account. What violation has occurred?
Correct Answer:
Conversion
Question 2
Under Florida law, how soon must a broker deposit earnest money into an escrow account after the last party signs the contract?
Correct Answer:
By the end of the third business day
Question 3
A broker receives conflicting demands on a $10,000 escrow deposit. Both the buyer and seller claim the funds. How many business days does the broker have to notify FREC of the conflict?
Correct Answer:
15 business days
Question 4
What is an Escrow Disbursement Order (EDO) in Florida?
Correct Answer:
A determination by FREC on who is entitled to disputed escrow funds
Question 5
Which of the four escrow dispute resolution methods is unique to Florida and not available in most other states?
Correct Answer:
Escrow Disbursement Order (EDO)
Question 1
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About this Exam

Prepare with the FL RE Broker Practice Questions - Florida Real Estate Broker Exam practice quiz. This question bank includes 100 questions covering florida, broker, sales, associate, and property. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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FL RE Broker Practice Questions - Florida Real Estate Broker Exam

This practice set contains 100 questions from the matching question bank and focuses on florida, broker, sales, associate, and property. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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