Florida Real Estate Sales Associate Practice Test
In the Florida Real Estate Sales Associate Exam guide: A key-figures box, named traps and a short-answer self-check with worked answers closing each of the 6 chapters. Practice here stays free.
Frequently asked questions
How many Florida Real Estate Sales Associate practice questions are here?+
A full bank of original Florida Real Estate Sales Associate practice questions across the official content areas, weighted like the real exam, with explanations. Free, no signup.
What is the Florida Real Estate Sales Associate exam like?+
About 100 questions. Practice by topic here, then take the full timed mock exam to gauge readiness.
Are these the real exam questions?+
No. Every question is 100% original, written from public primary sources with explanations. We never copy real exam questions or paid prep material.
Can I study in Chinese or Spanish?+
PrepPass practice is in English, 中文 and Español. The official exam is in English — switch the question language to English any time to rehearse the exact terminology you'll see on test day.
Is there a study guide for the Florida Real Estate Sales Associate?+
Yes. PrepPass sells Florida Real Estate Sales Associate Exam — Complete Study Guide (2026), a PDF + EPUB download, $14.99 one-time; the practice on this page stays free without it. See the study guide →
Sample practice questions
A few real questions from this free bank, with full explanations. Use the practice tool above for the whole set.
- 1. Principles of Real Estate
In a general agency relationship, which duty requires a real estate licensee to place the principal's interests above the licensee's own?
- a.The duty to appraise the property
- b.The duty of loyalty (obedience and putting the principal first)
- c.The duty to guarantee a sale
- d.The duty of price fixing
Answer: b
Explanation: Loyalty is a core fiduciary duty owed by an agent to a principal, requiring the agent to act in the principal's best interest. In Florida, however, most licensees work as transaction brokers rather than single agents, which changes the specific duties owed. Fiduciary-style duties are strongest in a single-agent relationship.
- 2. License Law & Rules
Which of the following best describes a 'designated sales associate' arrangement permitted in Florida?
- a.The broker personally guarantees the sale price
- b.One associate secretly represents both buyer and seller
- c.An unlicensed assistant negotiates the deal
- d.Two associates in the same firm each represent a different party as single agents in certain nonresidential transactions
Answer: d
Explanation: In certain nonresidential transactions where both parties meet asset thresholds, a broker may appoint two designated sales associates to each represent a different party as a single agent. This allows single-agent representation within one firm. It is a specific, limited exception under Florida law.
- 3. Finance
Which document contains the borrower's actual promise to repay the loan and the repayment terms?
- a.The deed of reconveyance
- b.The estoppel certificate
- c.The title commitment
- d.The promissory note
Answer: d
Explanation: The promissory note is the borrower's written promise to repay the loan and sets out the amount, interest rate, and payment terms. The mortgage or deed of trust secures that note with the property. The note is the primary evidence of the debt.
- 4. License Law & Rules
A Florida real estate license must be renewed every:
- a.Two years (24 months)
- b.Year, on the licensee's birthday
- c.Ten years, unless discipline shortens the period
- d.Five years, matching the broker experience requirement
Answer: a
Explanation: Florida real estate licenses are issued on a two-year (biennial) renewal cycle. Continuing-education and, for new licensees, post-licensing requirements must be met to renew. Practicing on an expired license is prohibited.
- 5. License Law & Rules
Under limited confidentiality, a Florida transaction broker may NOT disclose that a buyer:
- a.Has been prequalified by a mortgage lender
- b.Intends to have a professional home inspection
- c.Would prefer a 30-day closing timeline
- d.Will pay more than the price already offered
Answer: d
Explanation: Limited confidentiality prohibits a transaction broker from revealing that a buyer will pay more (or a seller will accept less) than the price offered, the parties' motivation, or other bargaining information, unless authorized or required by law.
- 6. Principles of Real Estate
A charge levied only on properties that benefit from a specific public improvement, such as a new sidewalk, is a:
- a.Documentary stamp tax on the deed
- b.Special assessment
- c.State intangible tax on the mortgage
- d.General ad valorem property tax
Answer: b
Explanation: A special assessment is a charge imposed on properties that directly benefit from a public improvement like paving, sewers, or sidewalks. Unlike general ad valorem taxes, it applies only to the benefited parcels.
- 7. Valuation & Appraisal
A property has operating expenses of $40,000 and effective gross income of $100,000. Its operating expense ratio is:
- a.40%
- b.25%
- c.60%
- d.250%
Answer: a
Explanation: The operating expense ratio equals operating expenses divided by effective gross income: $40,000 / $100,000 = 40%. It measures the share of income consumed by operating costs.
- 8. Real Estate Math
A buyer purchases a $420,000 home with an 80 percent loan. How large is the required down payment?
- a.$8,400
- b.$336,000
- c.$84,000
- d.$42,000
Answer: c
Explanation: An 80 percent loan means a 20 percent down payment: $420,000 x 0.20 = $84,000.
- 9. Finance
A mortgage that lets the borrower re-borrow funds already repaid, up to the original amount, is an:
- a.Blanket mortgage
- b.Amortized mortgage
- c.Open-end mortgage
- d.Package mortgage
Answer: c
Explanation: An open-end mortgage works like a line of credit against the property, allowing additional advances up to a set limit. It saves the cost of writing a brand-new loan for later borrowing.
- 10. Contracts
The type of consideration in a deed described as love and affection, rather than money, is called:
- a.Nominal financing
- b.Liquidated consideration
- c.Valuable consideration
- d.Good consideration
Answer: d
Explanation: Good consideration is based on affection or a nonmonetary motive, such as a gift between family members. Valuable consideration, by contrast, is money or something of measurable worth.