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!

Practice this question and more.

Which statement about kickbacks is true?

Only with a real estate license
With broker approval and full knowledge of all parties
To anyone referring a client
Always illegal

The correct answer is: With broker approval and full knowledge of all parties

Option A is incorrect because kickbacks are not limited to the real estate industry and can occur in any business transaction. Option C is incorrect because the statement does not specify that kickbacks are limited to referrals, and can also include other forms of compensation for a successful transaction. Option D is incorrect because not all kickbacks are illegal, as long as they are properly disclosed and agreed upon by all parties involved. In the case of real estate, kickbacks are only illegal if they are not disclosed and approved by the broker.