Skip to Content

Chapter 7 Practice Questions

Chapter 7: Violations Of License Law, Penalties And. Practice Florida real estate questions and review the explanation for each answer.

26 practice questions

  1. Chapter 7 Which of the following limits regarding the Florida Real Estate Recovery Fund is ACCURATE?
  2. Chapter 7 Under what specific circumstance is a Summary (Emergency) Suspension Order issued, and who has the authority to issue it?
  3. Chapter 7 A licensed real estate broker commits fraud, causing a financial loss to several parties. Which of the following individuals would be ELIGIBLE to file a claim against the Real Estate Recovery Fund?
  4. Chapter 7 What is the immediate professional consequence for a licensee if the Real Estate Recovery Fund pays out a claim to satisfy a judgment against them (that did NOT involve an Escrow Disbursement Order)?
  5. Chapter 7 Who has the sole authority to determine whether probable cause exists to believe a licensee has violated Chapter 475?
  6. Chapter 7 Under what specific condition is the Division of Real Estate (DRE) authorized to investigate a written complaint filed against a licensee?
  7. Chapter 7 A licensee receives a formal administrative complaint but fails to return the "Election of Rights" form within the statutory 21-day period. What is the legal consequence of this inaction?
  8. Chapter 7 Which penalty is the Florida Real Estate Commission (FREC) NOT authorized to impose on a licensee?
  9. Chapter 7 Which of the following penalties is the Division of Real Estate (DRE) authorized to issue?
  10. Chapter 7 Which of the following scenarios would typically result in a real estate license being "revoked without prejudice"?
  11. Chapter 7 After a formal hearing, the Administrative Law Judge (ALJ) issues a Recommended Order. If the licensee disagrees with a "Finding of Fact" in that order, what is the proper procedure to challenge it before the FREC issues a final ruling?
  12. Chapter 7 A licensee and the DBPR attorney agree to a "settlement stipulation" to resolve a disciplinary case without a hearing. Which body must approve this agreement for it to become effective?
  13. Chapter 7 If the licensee does NOT dispute the material facts, and the case is heard by the FREC in an informal hearing. In this informal hearing, which members of the FREC are excused from voting?
  14. Chapter 7 A DBPR investigator notices that a broker’s office entrance sign is missing the required text "Lic. Real Estate Broker." This is the broker's first offense of this minor nature. Which administrative penalty will likely be issued?
  15. Chapter 7 Which of the following best describes the maximum administrative penalties the Florida Real Estate Commission (FREC) has the authority to impose?
  16. Chapter 7 Is the Florida Real Estate Commission (FREC) authorized to revoke a real estate license?
  17. Chapter 7 Which of the following actions constitutes a First-Degree Misdemeanor?
  18. Chapter 7 A licensee who is found guilty of false advertising (a violation of Chapter 475) has committed which type of crime?
  19. Chapter 7 Which of the following offenses is classified as a Third-Degree Felony?
  20. Chapter 7 During the disciplinary process against a real estate licensee, who is responsible for preparing and submitting a "Recommended Order" that includes findings of fact and conclusions of law?
  21. Chapter 7 During the disciplinary process against a real estate licensee, who is responsible for preparing and submitting a "Recommended Order" that includes findings of fact and conclusions of law?
  22. Chapter 7 During the disciplinary process against a real estate licensee, who is responsible for preparing and submitting a "Recommended Order" that includes findings of fact and conclusions of law?
  23. Chapter 7 Who decides if a probable cause exists?
  24. Chapter 7 A broker who was the listing agent, defrauded the seller but keeping their $30,000 deposit from a buyer. The seller took the broker to court and won the case. The court awarded a judgment in the amount of $40,000, plus additional $10,000 for punitive damages. The seller was not able to collect the judgment from the broker and requested Florida Real Estate Recovery Fund to pay out this amount. Which scenario is true?
  25. Chapter 7 A licensee received a citation from DRE which he/she doesn't agree with. Next step is to:
  26. Chapter 7 How many days does a licensee have to notify DBPR of a conviction, plea, or adjudication of a crime, according to Florida Statute 455?