Florida Real Estate Sales Associate Study Guide
Welcome to the complete, open curriculum for the Florida Real Estate Sales Associate examination. Organized across 5 foundational chapters and 18 modular lessons, each section breaks down Chapter 475 license law, brokerage relationship duties, escrow deposit rules, deed covenants, mortgage clauses, documentary stamp and intangible taxes, and constitutional homestead protections with explicit exam trap callouts, statutory references, and interactive knowledge checkpoints.
FREC Course I Chapter Curriculum
Chapter 1: Florida Real Estate License Law & Commission Rules
Master Florida Statutes Chapters 475 and 455, FREC powers (executive, quasi-legislative, quasi-judicial), license qualifications, 45-hour post-licensing, involuntary inactive expiration rules, and Recovery Fund claims.
Chapter 2: Brokerage Operations, Agency Relationships & Professional Conduct
Master the Brokerage Relationship Disclosure Act (F.S. 475.278), transaction broker statutory presumption, single agent fiduciary duties (COLD), illegal dual agency, escrow 1-day/3-day rules, and MALE dispute resolution.
Chapter 3: Real Estate Contracts, Conveyances & Property Rights
Explore real property rights, IRMA fixture test, estates in land, joint tenancy unities (PITT), Florida constitutional homestead protection, deed covenants, title insurance, and mandatory disclosure laws.
Chapter 4: Real Estate Financing, Mortgages & Closing Mathematics
Master Florida lien theory, mortgage clauses (defeasance, acceleration), conventional vs FHA/VA financing, secondary mortgage markets, TILA/Reg Z, RESPA/TRID, doc stamp taxes, and closing prorations.
Chapter 5: Property Valuation, Land Use Planning & Survey Calculations
Master Comparative Market Analysis adjustments (CBS/CIA), Cost-Depreciation approach, Income Capitalization (NOI, Cap Rate, GRM), Government Survey fractional acreage math, and zoning relief.