Florida Real Estate Practice Exam

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Prepare for your Florida Real Estate Exam with a comprehensive quiz featuring multiple-choice questions, hints, and detailed explanations. Gain the confidence you need to succeed in obtaining your real estate license!

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Which act modernizes consumer protection laws making them consistent with federal trade laws?

Fair Housing Act
Federal Duplicate Law Condensation Act
Federal Trade Commission Act
Florida Deceptive and Unfair Trade Practices Act

The correct answer is: Florida Deceptive and Unfair Trade Practices Act

The Fair Housing Act is a federal law that protects individuals from discrimination when renting or buying a home. The Federal Duplicate Law Condensation Act is not a real law and is not related to consumer protection. The Federal Trade Commission Act does modernize consumer protection laws, but it was passed in 1914 and was not recently enacted. The Florida Deceptive and Unfair Trade Practices Act was enacted in 1973 and is a state law that aims to protect consumers from deceptive and unfair business practices. It was modeled after the Federal Trade Commission Act and was updated in 2019 to align with federal laws. Therefore, the Florida Deceptive and Unfair Trade Practices Act is the correct answer as it modernizes consumer protection laws to be consistent with federal trade laws.