Florida Broker Practice Exam

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Prepare for the Florida Broker Exam. Study with interactive quizzes, flashcards, and multiple choice questions that include hints and explanations. Ace your exam and start your real estate career today!

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What is the primary law governing real estate activities in Florida?

Florida Statute Chapter 20
Florida Statute Chapter 475
Florida State 455
Florida Statute Chapter 120

The correct answer is: Florida Statute Chapter 475

Florida Statute Chapter 475 is indeed the primary law governing real estate activities in Florida. This chapter outlines the regulations associated with real estate brokers, sales associates, and real estate schools, establishing the legal framework for the licensing, regulation, and disciplinary actions applicable to real estate professionals within the state. It is essential for individuals engaged in real estate to be familiar with this statute, as it provides the guidelines and requirements necessary to operate legally and effectively in Florida's real estate market. Other statutes mentioned do serve important functions—Chapter 20 pertains to the organizational structure of the state government, Chapter 455 deals with the general regulatory processes for licensed professionals, and Chapter 120 covers administrative procedure. However, none of these specifically focus on real estate laws to the same extent as Chapter 475, making it the cornerstone of real estate regulation in Florida.