A single agent may transition to transaction broker only with the proper written consent disclosure.
Before you read
Test yourself first: 5 questions
Question 1 of 5
Florida statute generally prohibits a brokerage from practicing which form of agency in a residential transaction?
Answer: C. Florida abolished traditional DUAL AGENCY for residential transactions; a licensee may not act as a fiduciary single agent for both buyer and seller at the same time. The transaction-broker model was created largely to fill that role without the conflicts of dual agency.
Question 2 of 5
Florida requires sellers of certain residential dwellings to provide a RADON GAS disclosure. What does this disclosure state?
Answer: B. Florida statute requires a radon gas notification statement in certain sale and lease contracts. It is an informational notice describing radon as a naturally occurring radioactive gas that, in sufficient quantities, may present health risks, with a reference that additional information is available from the county public health unit. A test result is not mandated.
Question 3 of 5
Which agency regulates real estate licensees in Florida and issues sales associate and broker licenses?
Answer: A. Real estate licensing in Florida is regulated by the Florida Real Estate Commission (FREC), which operates under the Department of Business and Professional Regulation (DBPR).
Question 4 of 5
Which Florida agency is the parent department that houses the Florida Real Estate Commission (FREC)?
Answer: A. FREC operates within the Department of Business and Professional Regulation (DBPR). The Division of Real Estate, under DBPR, provides administrative support to the Commission.
Question 5 of 5
Which Florida agency is responsible for investigating complaints and imposing discipline against real estate licensees?
Answer: B. The Florida Real Estate Commission (FREC) operates under the Department of Business and Professional Regulation (DBPR) and is the body that adopts rules, investigates complaints, and disciplines licensees for license-law violations.
Keep the streak going with more questions like these, each with a full rationale.
Must-know rules
- Florida presumes the transaction broker relationship unless another relationship is established in writing.
- Transaction broker: provides limited representation to a buyer, seller, or both without being a fiduciary to either.
- Single agent: owes full fiduciary duties (loyalty, confidentiality, obedience, full disclosure, accounting, skill/care) to one party.
- No brokerage relationship: licensee deals with a party but represents neither side.
- A single agent may transition to transaction broker only with the proper written consent disclosure.
- Florida abolished implied/automatic statutory agency disclosure for many residential transactions in favor of these defined relationships.
- Dual agency (representing both parties as a full agent) is not permitted in Florida.
Florida Agency Model Quick Reference: FAQs
Is Florida Agency Model Quick Reference on the real estate exam?
Yes. State License Law is a scored domain on the Florida real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does Florida test this differently?
Florida applies its own license law on top of the national portion. This page covers the Florida rules specifically, which is what the state section of your exam tests.
