Unit 5 of 19

Real estate brokerage activities and procedures

Escrow deposits, conflicting demands, advertising rules, and the day-to-day procedures a brokerage must follow.

  1. 1
    Escrow deposits and deposit deadlines
    What counts as a deposit, where a Florida broker must keep it, and the business-day deadlines for sales associates and brokers to get it into escrow.
    +50 XP
  2. 2
    Commingling, reconciliation, and brokerage records
    How much of a broker's own money may sit in escrow, the monthly statement-reconciliation, fixing escrow errors, interest-bearing accounts, and how long records must be kept.
    +50 XP
  3. 3
    Conflicting demands and settlement procedures
    What a Florida broker must do when the buyer and seller both claim an escrow deposit, including the notice and settlement deadlines and the four settlement procedures.
    +50 XP
  4. 4
    Advertising rules
    What every Florida real estate advertisement must include, how the rules apply online, how teams may advertise, and why false or misleading ads are prohibited.
    +50 XP
  5. 5
    Offices, signs, and working under a broker
    The Florida broker's office and entrance sign requirements, when a second office must be registered as a branch, and the limits on what a sales associate may do outside the employing broker.
    +50 XP

Practice questions

Check yourself with exam-style questions. Each one explains the answer as soon as you pick.

Practice Unit 5