Florida Agency
Practice Questions & Answers (2026)
Agency law is one of the most tested subjects on the Florida real estate exam, and it's also one of the most misunderstood. Florida defaults to transaction brokerage — not full single agency — which means the agency rules you encounter here differ from how most national study materials frame them. Study these questions carefully — candidates who rely on national agency frameworks and don't account for FL-specific rules are among the most common failures on the state portion.
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Florida Agency — Practice Questions & Answers
113 questions on Agency from the Florida real estate question bank. First 10 are free — sign up to unlock all 113.
Q1. Under Florida's Brokerage Relationship Disclosure Act, the default brokerage relationship (when no written agreement exists) is:
Explanation
Florida's Brokerage Relationship Disclosure Act establishes transaction broker as the default relationship. A broker is presumed to be a transaction broker unless a single agent or no-brokerage relationship is specifically established.
Q2. In Florida, a single agent owes which of the following duties to their principal?
Explanation
A Florida single agent owes full fiduciary duties to their principal, including: dealing honestly, loyalty, confidentiality, obedience, full disclosure, accounting for all funds, and using skill, care, and diligence.
Q3. A Florida transaction broker provides limited representation. Which duty does a transaction broker NOT owe to the parties?
Explanation
A transaction broker does NOT owe full undivided loyalty to either party. Unlike a single agent, a transaction broker facilitates the transaction and provides limited representation to both buyer and seller without being an advocate for either.
Q4. Under Florida law, when a single agent broker transitions to a transaction broker in the same transaction, this requires:
Explanation
When a Florida single agent transitions to a transaction broker in the same transaction, the broker must obtain written informed consent from the principal before making the transition. This is known as consent to transition to transaction broker.
Q5. A Florida licensee is showing a property and discovers that the roof was improperly repaired after hurricane damage. The licensee must:
Explanation
Florida law requires licensees to disclose all known material facts that may affect the value of the property. Improper roof repair is a material defect that must be disclosed to all prospective buyers regardless of the seller's instructions.
Q6. Designated sales associate representation in Florida allows:
Explanation
Designated sales associate representation allows one sales associate from the brokerage to represent the buyer and a different sales associate from the same brokerage to represent the seller. This is available only in non-residential transactions.
Q7. In Florida, a 'transaction broker' owes which of the following duties to both parties?
Explanation
A Florida transaction broker provides limited representation and owes both parties honesty, fair dealing, accounting for funds, disclosure of known facts materially affecting value, using skill and care, and presenting all offers.
Q8. Under Florida law, designated sales associates may be used in a single-agent relationship when:
Explanation
Florida's designated sales associate provision applies only to non-residential transactions where both the buyer and seller have assets over $1 million. Different sales associates in the same office can represent each party as single agents.
Q9. A Florida real estate licensee must give a prospective buyer the No Brokerage Relationship Notice:
Explanation
Florida law requires licensees to give the No Brokerage Relationship Notice before showing property to a buyer who has not entered into any representation agreement. This ensures buyers understand their relationship with the licensee.
Q10. In Florida, which disclosure form must be provided before or at the time of entering into a listing agreement?
Explanation
When a licensee represents a seller as a single agent, the Single Agent Disclosure must be provided before or at the time of entering into the listing agreement. This informs the seller of the full fiduciary duties owed.
Q11. A single agent in Florida may transition to a transaction broker by:
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