Florida Real Estate Practice Exam 2026 - Free Real Estate Practice Questions and Study Guide

In a non-residential transaction, designated sales associates can only be assigned if the buyer and seller have assets of more than 1 million dollars. This means that option A, where FREC (Florida Real Estate Commission) appoints the designated sales associate, is not correct. Option B, where the broker approves the designated sales associate, is also not correct as it does not specify the asset requirement. Option D, where a no broker relationship is signed, is also not correct as it is not a requirement for a designated sales associate. Only option C accurately states the statement that must be met for a designated sales associate to be assigned in a non-residential transaction.