Florida Broker Practice Exam

Which entity governs real estate practice in Florida?

1. Florida Department of Education

2. Florida Real Estate Commission

3. Florida Association of Realtors

4. Florida Land Authority

The correct answer is: Florida Real Estate Commission

The Florida Real Estate Commission is responsible for governing real estate practice in Florida. This commission oversees the licensing of real estate brokers and sales associates, enforces the state's real estate laws, and establishes rules and regulations that govern the conduct of real estate professionals. Its primary mission is to protect the public interest by ensuring that real estate transactions are conducted fairly and ethically. The commission also has the authority to investigate complaints against licensees and impose disciplinary actions if necessary. In contrast, the Florida Department of Education primarily oversees educational institutions and does not directly regulate real estate practices. The Florida Association of Realtors is a professional organization that focuses on supporting real estate professionals through education, advocacy, and various resources, but it does not have regulatory authority. The Florida Land Authority is involved in the stewardship and management of land resources but does not regulate the practices of real estate professionals. Thus, the Florida Real Estate Commission is the entity specifically tasked with the governance and regulation of real estate practices in the state, making it the correct answer.