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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Which entity oversees the regulation of real estate appraisal practices in the state of Florida?

Florida Real Estate Commission
Florida Department of Professional Regulation
Florida Real Estate Appraisal Board
Florida Building Commission

The correct answer is: Florida Real Estate Appraisal Board

The Florida Real Estate Appraisal Board is the correct answer because it is specifically tasked with overseeing the regulation of real estate appraisal practices in Florida. This board is responsible for licensing appraisers and ensuring that they adhere to state laws and professional standards. The Real Estate Appraisal Board operates under the Florida Department of Business and Professional Regulation and plays a crucial role in maintaining the integrity of real estate appraisal in the state. In understanding the context, the Florida Real Estate Commission primarily governs real estate brokers and sales associates but does not specifically focus on appraisal practices. The Florida Department of Professional Regulation manages various professional occupations and is broader in scope, while the Florida Building Commission deals with construction and building codes rather than real estate appraisal. Hence, the specific focus and regulatory authority of the Florida Real Estate Appraisal Board make it the correct choice for this question.