← Real Estate Law – Florida Real Estate Salesperson Exam

Free Real Estate Law – Florida Real Estate Salesperson Exam Practice Test (2026)

100 questions · 210 min · 75% to pass

100 Questions · 210 Minutes · 75% to Pass

Question 1 of 5

Sample Questions

Question 1

Which Florida statute governs the licensing and regulation of real estate brokers and salespersons?

Answer: Chapter 475, Florida Statutes, known as the Real Estate License Law, governs the licensing and regulation of real estate brokers, salespersons, and schools.

Question 2

What is the maximum fine the Florida Real Estate Commission (FREC) can impose per violation of Chapter 475?

Answer: FREC can impose a maximum administrative fine of $5,000 per violation of Chapter 475.

Question 3

How many members serve on the Florida Real Estate Commission (FREC), and how many must be licensed real estate brokers?

Answer: FREC has seven members; four must be licensed real estate brokers with at least five years of experience, and three must be consumer (lay) members.

Question 4

Under Florida law, what is the penalty for practicing real estate without a valid license?

Answer: Practicing real estate without a valid license is a third-degree felony in Florida, punishable by up to five years in prison and a $5,000 fine.

Question 5

What is the purpose of Florida's Real Estate Recovery Fund?

Answer: The Real Estate Recovery Fund compensates members of the public who suffer monetary damages caused by the fraudulent or dishonest acts of a licensed real estate professional.