Property Management
This area is worth exactly one item out of 100, though its subtopic list is long. The Florida-specific content most likely to be tested is the Residential Landlord and Tenant Act in part II of chapter 83, F.S.
Security deposits under chapter 83
Section 83.49(1), F.S., requires a landlord who holds a security deposit or advance rent to keep it in a separate account in a Florida financial institution, or to post a surety bond and pay the tenant 5 percent simple interest. Section 83.49(2), F.S., requires written notice of the deposit's disposition within 30 days of receipt or in the lease itself. Section 83.49(3)(a), F.S., sets the two deadlines candidates most often transpose: if the landlord does not intend to impose a claim, the deposit must be returned within 15 days after termination of the rental agreement; if the landlord does intend to impose a claim, written notice by certified mail or by email under s. 83.505, F.S., must be given within 30 days after termination, and the tenant then has 15 days to object. A broker holding property management deposits is separately subject to the escrow rules in rule chapter 61J2-14, F.A.C., which allow up to $5,000 of brokerage funds in a property management escrow account.
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State-specific details
State exam facts
- State regulator
- Florida Real Estate Commission (FREC), DBPR
- Exam vendor
- Pearson VUE
- Prelicensing education
- 72-hour FREC-approved broker pre-license course
- Passing score
- 75%
- Scored questions
- 100
- Time limit
- 210 minutes
Who regulates real estate brokers in Florida?
The Florida Real Estate Commission (FREC), housed within the Department of Business and Professional Regulation (DBPR), licenses brokers and sales associates. DBPR uses Pearson VUE as the official testing provider.
What experience do I need before the Florida broker exam?
Section 475.17(2)(b), F.S., requires 24 months of licensure during the preceding five years, and it accepts any of three paths: an active sales associate license held in Florida or in another state, territory, or foreign jurisdiction; a sales associate license held while salaried by a governmental agency; or a broker license held in another jurisdiction. An out-of-state broker therefore qualifies without ever having held a Florida sales associate license. Applicants must also complete the 72-hour FREC-prescribed broker course (Course II).
How is the Florida broker exam structured?
Florida gives one integrated 100-question multiple-choice examination — there is no separate national portion and no state portion. Candidates get 3.5 hours (210 minutes), and the exam is graded on 100 points with 75 points or higher required to pass. The DBPR booklet publishes twelve content areas whose percentages sum to 100, led by Real Estate Brokerage Business at 43% and Closing Transactions at 12%. Pearson VUE schedules, administers, scores, and reports the exam for DBPR.
Sources: https://www2.myfloridalicense.com/servop/testing/documents/RE_broker_cib.pdf, https://www.flsenate.gov/Laws/Statutes/2025/Chapter475/PART_I, https://www.flrules.org/gateway/Division.asp?DivID=241, https://www.pearsonvue.com/us/en/fl/dbpr.html
In the Florida Real Estate Broker guide: A 60-question practice exam on the national principles, with a key that explains all four options and not just the right one. Practice here stays free.