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100+ Free FL RE Broker Practice Questions

Pass your Florida Real Estate Broker Exam exam on the first try — instant access, no signup required.

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~43% Pass Rate
100+ Questions
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Question 1
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A Florida broker uses the 'no brokerage relationship' notice. In this arrangement, the broker:

A
B
C
D
to track
2026 Statistics

Key Facts: FL RE Broker Exam

~43%

First-Time Pass Rate

Pearson VUE

100

Exam Questions

FL-specific format

75%

Passing Score

75/100 correct

72 hrs

Pre-License Education

FREC requirement

24 mos

Active Sales Associate Experience

DBPR

$36.75

Exam Fee

DBPR

Florida's broker exam has a ~43% first-time pass rate and is administered by Pearson VUE. It requires 72 hours of pre-license education and 24 months as an active sales associate. The 100-question exam in 3h30m with 75% passing score focuses on broker-specific duties: escrow management (EDO, interpleader, arbitration), office supervision, trust account reconciliation, Chapter 475 violations, and FREC disciplinary actions including broker liability for associate misconduct.

Sample FL RE Broker Practice Questions

Try these sample questions to test your FL RE Broker exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1A 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?
A.Commingling
B.Conversion
C.Breach of fiduciary duty only
D.No violation — sales associates can hold earnest money
Explanation: This is conversion — the unauthorized appropriation of client funds for personal use. In Florida, all trust funds received by a sales associate must be immediately delivered to the employing broker for deposit into the broker's escrow account. A sales associate has NO authority to maintain a separate trust account or deposit client funds into a personal account. Conversion is more serious than commingling (mixing trust and personal funds in the same account) and can result in criminal prosecution and license revocation.
2Under Florida law, how soon must a broker deposit earnest money into an escrow account after the last party signs the contract?
A.Immediately, on the same business day
B.By the end of the third business day
C.Within 5 business days
D.Within 10 business days
Explanation: Florida law requires that a broker deposit earnest money into an escrow account by the end of the third business day after the contract has been signed by the last party (fully executed). If the contract specifies a different timeline, the broker must follow the contract terms. Weekends and legal holidays are not counted as business days. Failure to deposit within the required timeframe is a violation of Chapter 475 F.S. and can result in disciplinary action by FREC.
3A 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?
A.5 business days
B.10 business days
C.15 business days
D.30 business days
Explanation: Under Florida law, when a broker receives conflicting demands or has good faith doubt about which party is entitled to escrowed funds, the broker must notify FREC within 15 business days. After notification, the broker has 30 business days to implement one of the four settlement procedures: mediation, arbitration, interpleader, or request an Escrow Disbursement Order (EDO) from FREC. Failure to notify FREC within 15 business days is a violation that can result in disciplinary action.
4What is an Escrow Disbursement Order (EDO) in Florida?
A.A court order directing the broker to release escrow funds
B.A determination by FREC on who is entitled to disputed escrow funds
C.An order from the buyer's attorney directing fund disbursement
D.A form that the broker files with the IRS regarding escrow funds
Explanation: An Escrow Disbursement Order (EDO) is a determination by the Florida Real Estate Commission (FREC) on the disposition of disputed escrow funds. It is one of four methods a broker can use to resolve escrow disputes (along with mediation, arbitration, and interpleader). When a broker requests an EDO, FREC conducts a hearing and issues an order directing how the funds should be disbursed. The EDO process is unique to Florida and is heavily tested on the broker exam.
5Which of the four escrow dispute resolution methods is unique to Florida and not available in most other states?
A.Mediation
B.Arbitration
C.Interpleader
D.Escrow Disbursement Order (EDO)
Explanation: The Escrow Disbursement Order (EDO) is unique to Florida. While mediation, arbitration, and interpleader are available in most states, the EDO is a Florida-specific administrative remedy where FREC determines the proper disbursement of disputed escrow funds. The EDO is often faster and less expensive than interpleader (a court action) but FREC's determination can be appealed. Brokers should understand all four methods and their respective advantages for different dispute scenarios.
6A Florida broker maintains an escrow account. What is the maximum amount of the broker's personal funds that may be kept in the escrow account?
A.$0 — no personal funds allowed
B.$200
C.$1,000
D.$5,000
Explanation: Florida law allows a broker to keep up to $1,000 of personal or business funds in a sales escrow account, or up to $5,000 in a property management escrow account, to cover bank service charges and minimum balance requirements. This prevents the escrow account from being overdrawn due to fees. Keeping more than the allowed amount constitutes commingling, which is a violation of Chapter 475 F.S. Note that California only allows $200 — Florida's limit is significantly higher.
7How often must a Florida broker reconcile escrow account records?
A.Weekly
B.Monthly
C.Quarterly
D.Annually
Explanation: Florida requires brokers to perform a monthly reconciliation of escrow account records. The reconciliation must compare the total of all individual deposit records (liability side) against the bank statement balance (asset side). Any discrepancy must be resolved immediately. The broker must maintain signed statements of each monthly reconciliation. FREC can audit the escrow account at any time, and failure to maintain proper reconciliation records is a disciplinary violation.
8Under Chapter 475 F.S., which of the following is NOT a power of the Florida Real Estate Commission (FREC)?
A.Issuing and revoking real estate licenses
B.Adopting rules and regulations
C.Imposing criminal penalties including imprisonment
D.Conducting investigations of licensee misconduct
Explanation: FREC has extensive administrative powers including issuing, suspending, and revoking licenses; adopting administrative rules; conducting investigations; and imposing administrative fines up to $5,000 per violation. However, FREC cannot impose criminal penalties such as imprisonment — that authority belongs to the criminal courts. FREC can refer cases to the state attorney for criminal prosecution, but the actual imposition of criminal penalties is a judicial function, not an administrative one.
9The Florida Real Estate Commission (FREC) consists of how many members?
A.5 members
B.7 members
C.9 members
D.11 members
Explanation: FREC consists of 7 members appointed by the Governor and confirmed by the Senate. Four members must be licensed real estate brokers who have held active licenses for at least 5 years, one member must be a licensed broker or sales associate who has held an active license for at least 2 years, and two members must be consumer (lay) members who have never been licensed. Members serve 4-year terms. FREC operates under the Division of Real Estate within the Department of Business and Professional Regulation (DBPR).
10A Florida broker's sales associate forges a seller's signature on a listing agreement. Under Florida law, the broker can be disciplined if:
A.The broker personally participated in the forgery
B.The broker knew or should have known about the forgery through reasonable supervision
C.Only if the broker directly benefited financially
D.The broker cannot be disciplined for the sales associate's criminal act
Explanation: Florida holds brokers responsible for the activities of their sales associates when the broker knew or should have known about the misconduct. FREC can discipline the broker for failure to supervise, even if the broker did not participate in or directly benefit from the violation. The standard is whether a reasonably diligent broker would have detected the misconduct through proper supervision procedures. This includes reviewing documents, training associates, and maintaining oversight systems. The sales associate would also face separate criminal and administrative charges.

About the FL RE Broker Exam

The Florida real estate broker exam is a 100-question exam administered by Pearson VUE. It covers brokerage operations, escrow management, broker supervision responsibilities, Florida real estate law under Chapter 475 F.S., trust account handling, and FREC disciplinary procedures at the broker level.

Questions

100 scored questions

Time Limit

3 hours 30 minutes

Passing Score

75%

Exam Fee

$36.75 (FREC / DBPR / Pearson VUE)

FL RE Broker Exam Content Outline

25%

Brokerage Operations & Supervision

Broker duties, office management, associate supervision, advertising compliance, independent contractor agreements, branch offices

25%

Escrow & Trust Accounts

Escrow management, EDO, interpleader, trust account requirements, reconciliation, commingling, conversion, FREC escrow rules

20%

FL Real Estate Law (Chapter 475)

Chapter 475 F.S., FREC powers, broker licensing, disciplinary actions, violations, penalties, restricted license

15%

FL Contracts & Transactions

FAR/BAR contracts, broker's role in transactions, commission disputes, lien law, closing procedures

15%

Agency, Disclosures & Fair Housing

Transaction broker default, single agent duties, no brokerage, required disclosures, Chapter 760, federal fair housing

How to Pass the FL RE Broker Exam

What You Need to Know

  • Passing score: 75%
  • Exam length: 100 questions
  • Time limit: 3 hours 30 minutes
  • Exam fee: $36.75

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

FL RE Broker Study Tips from Top Performers

1Master all 4 escrow dispute resolution methods: mediation, arbitration, interpleader, and FREC EDO — know the timelines and procedures
2Understand broker liability for associate actions — FREC holds brokers responsible for supervision failures
3Know trust account rules: deposits within 3 business days, reconciliation deadlines, and the difference between commingling and conversion
4Study FREC composition (7 members), disciplinary process, and Chapter 475 F.S. broker-specific provisions
5Learn the difference between transaction broker (default), single agent, and no brokerage relationship at the broker supervision level

Frequently Asked Questions

How hard is the Florida real estate broker exam?

The FL broker exam has a ~43% first-time pass rate. It has 100 questions in 3h30m with a 75% passing score. The exam focuses on broker-level responsibilities including escrow management, trust account reconciliation, associate supervision, and FREC disciplinary procedures — all topics NOT tested at the sales associate level.

What are the prerequisites for a FL broker license?

You need 72 hours of pre-license education from an FREC-approved school, plus 24 months of active experience as a licensed sales associate within the 5 years preceding your application. You must also pass a background check and submit fingerprints through DBPR.

What is an Escrow Disbursement Order (EDO) in Florida?

An EDO is a determination by FREC on who is entitled to disputed escrow funds. When a sales contract fails and there is an escrow dispute, the broker can request an EDO from FREC as one of four resolution options (along with mediation, arbitration, or interpleader court action). The broker must notify FREC within 15 business days of conflicting demands.

What is the broker's liability for associate misconduct in Florida?

Florida brokers are vicariously liable for the actions of their sales associates and broker associates performed within the scope of employment. FREC can discipline the broker for failure to supervise, even if the broker was unaware of the violation. Proper supervision, training, and documentation are the broker's best defense.