Florida Real Estate Practice Exam 2026 – The Complete All-in-One Guide to Master Your Exam Success!

The best method to describe the foreclosure process in Florida is through the judicial process. This involves a lawsuit filed by the lender to obtain a court order to foreclose on the property. Option A, Caveat emptor, is a Latin term meaning "let the buyer beware" and has no relevance to the foreclosure process. Option C, Lis pendens, is a notice filed with the county when a lawsuit is pending and does not describe the actual method of foreclosure. Option D, Non-judicial, is a method used in some states but not in Florida, where the court is not involved and the foreclosure is handled outside of the legal system. Therefore, option B is the only correct answer that accurately describes the foreclosure process in Florida.