FRC Real Estate Broker Examination study materials
FRC Real Estate Broker Examination study resources

FRC Real Estate Broker Examination study plan

FRC Real Estate Broker Examination · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Licensing and Regulation of Real Estate Brokers and Brokerages & Brokerage Operations, Office Management, and Supervision

  • Map every Florida broker qualification, license application, and renewal requirement into a one-page checklist you can recite from memory

  • Distinguish the specific duties that attach to a broker versus a broker associate versus a sales associate in a transaction

  • Outline the office supervision obligations a broker of record owes, including written policies, recordkeeping, and advertising review

  • Identify the disciplinary grounds and penalty ranges the license law authorizes, and match each to a realistic scenario

  • Draft the registration and notification steps triggered when a brokerage opens, relocates, or changes its broker of record

Your checkpoint

A two-page licensing and supervision quick-reference sheet covering application, renewal, office policy, advertising, and discipline triggers, written without notes

Week 2

Real Estate Law, Contract Law, and Florida Contract Forms

  • Break down the elements of a valid real estate contract and identify which defects make it void, voidable, or unenforceable

  • Walk through each major Florida contract form clause by clause and explain the consequence of leaving it blank or striking it

  • Trace the timeline of a transaction from offer through closing, naming the deadline that triggers each contingency

  • Explain how escrow deposit disputes, inspection periods, and financing contingencies interact when a deal falls apart

  • Solve contract-law scenarios involving counteroffers, acceptance, consideration, and statute of frauds issues

Your checkpoint

A completed contract-timeline worksheet for a sample transaction with every deadline, contingency, and default remedy annotated in your own words

Week 3

Agency Relationships, Fiduciary Duties, and Disclosures & Escrow and Trust Accounting

  • Classify each agency relationship Florida recognizes and state the fiduciary duties owed in each

  • Explain transaction broker versus single agent duties and identify the disclosures required at first substantive contact

  • Designate when a disclosed dual agent situation arises and what written consent and confidentiality limits apply

  • Reconcile a sample escrow ledger and identify any commingling, misappropriation, or recordkeeping violation

  • Apply the rules for deposit handling, disbursement authority, and dispute resolution when parties disagree over funds

Your checkpoint

A reconciled escrow ledger exercise plus a one-page agency disclosure summary, both graded against the rulebook with errors corrected

Week 4

Real Property Ownership, Titles, Deeds, and Recording & Real Estate Law, Contract Law, and Florida Contract Forms

  • Differentiate the forms of ownership and the types of deeds, and match each deed to the warranties it carries

  • Trace how title passes, how it is evidenced, and what recording accomplishes for priority and notice

  • Identify the encumbrances, easements, and restrictions that survive a transfer and explain their practical effect

  • Review a title commitment and explain each schedule exception in plain language

  • Revisit contract contingencies that depend on title and survey findings and state the buyer remedies

Your checkpoint

A title review memo on a sample commitment that flags every exception, explains its risk, and recommends a contract response

Week 5

Financing, Mortgages, and Lending Practices & Valuation, Appraisal, and Market Analysis

  • Compare the mortgage loan products a Florida buyer is likely to encounter and the qualifying criteria for each

  • Explain the disclosure and timing requirements that apply to a residential loan application and closing

  • Compute loan-to-value, qualifying ratios, and estimated closing costs from a sample scenario

  • Distinguish the three approaches to value and select the appropriate one for a given property type

  • Produce a comparative market analysis that adjusts for differences and defends the chosen value range

Your checkpoint

A financing and valuation workbook containing one solved qualification scenario and one written CMA with adjustment grid and reconciliation

Week 6

Landlord-Tenant, Leases, and Property Management & Fair Housing, Ethics, and Consumer Protection

  • Analyze the rights and obligations that arise under a residential lease, including security deposits and habitability

  • Explain the remedies available to landlord and tenant when a lease is breached or a tenant holds over

  • Apply fair housing protected classes and identify practices that create disparate impact or steering liability

  • Recognize advertising, solicitation, and consumer protection traps that generate complaints and discipline

  • Resolve ethics scenarios using the duties of honesty, disclosure, and confidentiality owed to the public

Your checkpoint

A case-file response to five mixed landlord-tenant, fair housing, and ethics scenarios, each with a rule citation and a defensible conclusion

Week 7

Licensing and Regulation of Real Estate Brokers and Brokerages & Brokerage Operations, Office Management, and Supervision & Real Estate Law, Contract Law, and Florida Contract Forms & Agency Relationships, Fiduciary Duties, and Disclosures

  • Re-test the four heaviest domains under timed conditions and log every missed item by root cause

  • Rewrite weak concepts into flashcards that force recall of the rule rather than recognition of the answer

  • Build a personal error log that separates knowledge gaps from misread questions and careless math

  • Practice explaining a contract clause and an agency disclosure aloud as you would to a client

  • Close every gap flagged in the error log before moving to full-length practice

Your checkpoint

A completed error log with each missed item categorized by cause and a remediation action marked done

Week 8

Escrow and Trust Accounting & Real Property Ownership, Titles, Deeds, and Recording & Financing, Mortgages, and Lending Practices & Valuation, Appraisal, and Market Analysis & Landlord-Tenant, Leases, and Property Management & Fair Housing, Ethics, and Consumer Protection

  • Complete full-length timed practice exams and score at or above a comfortable passing margin on each

  • Review every missed question from the full-length exams and re-teach the underlying rule

  • Drill escrow math, LTV, and CMA adjustments until calculations are fast and error-free

  • Rehearse the licensing, supervision, and disclosure facts most likely to be tested in scenario form

  • Finalize a test-day plan covering pacing, flagging strategy, and time allocation per question

Your checkpoint

Three timed full-length practice scores recorded with a final one-page test-day strategy sheet

Milestones

Week 2: Score at least 75 percent on a self-made licensing and contract quiz covering weeks 1 and 2, with no more than two missed items traced to knowledge gaps

Week 4: Explain the agency disclosure obligations and the escrow reconciliation rules to a study partner without notes, and pass a 20-question mixed quiz on those two domains

Week 6: Complete the financing, valuation, landlord-tenant, and fair housing practice sets at 75 percent or better, with all math errors corrected and reworked

Week 8: Record three consecutive full-length timed practice scores at or above your target passing margin, with the error log fully closed out