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Florida Real Estate Exam Practice Questions: Leasing and Property Management
4 practice questions on leasing and property management for the Florida real estate sales associate exam. Each one has the correct answer, a full explanation of why the other options are wrong, and the statute it comes from.
What this topic covers
Tenancies, landlord and tenant law, and managers. Questions here test types of tenancies, the landlord-tenant act, and the duties of property managers.
Sources these questions cite include: § 83.01, Fla. Stat.; § 83.56, Fla. Stat.; § 83.57, Fla. Stat.; § 83.04, Fla. Stat.; § 83.49, Fla. Stat.; § 83.67, Fla. Stat..
Question 1
A shopping center landlord leases space to a retailer for a fixed monthly base rent plus 4 percent of the tenant's annual gross sales above $500,000. What kind of lease is this?
- A. A percentage lease
- B. A graduated lease, which raises rent by fixed amounts at set dates.
- C. A gross lease, because the landlord pays all expenses.
- D. A ground lease, because the tenant occupies land.
Show the answer and explanation
Correct answer: A.
A percentage lease is common in retail. The tenant pays a base rent plus a percentage of gross sales, often above a breakpoint. A graduated lease increases rent on a fixed schedule. B is wrong because the extra rent here depends on sales, not on scheduled increases. C is wrong because the example describes how rent is calculated, not who pays expenses. D is wrong because a ground lease is a lease of land, usually for a long term.
Source: Common law
Question 2
A tenant's lease expires, and she stays in the apartment without the landlord's permission. The landlord has not yet accepted any rent. What is her status?
- A. Tenant for years, because her original lease had a fixed term.
- B. Tenant at will, because the landlord has agreed that she may stay.
- C. Tenant at sufferance, a holdover who stays without the owner's consent
- D. Owner by adverse possession, because she has stayed after the term.
Show the answer and explanation
Correct answer: C.
A tenancy at sufferance exists when a tenant lawfully in possession stays after the lease ends without the landlord's consent. The landlord can evict her or may accept rent and create a new tenancy. A is wrong because the term has ended. B is wrong because the facts say the landlord has not consented. D is wrong because a holdover tenant has not met the requirements for adverse possession.
Source: Common law; § 83.04, Fla. Stat.
Question 3
A lease runs from January 1, 2027, through December 31, 2027, and says nothing about renewal. Which type of tenancy is this, and what happens on December 31?
- A. An estate for years, which ends automatically on the stated date without any notice
- B. A periodic tenancy, which renews automatically for another year.
- C. A tenancy at will, which ends only when either party gives notice.
- D. A tenancy at sufferance, which begins when the tenant stays after the lease ends.
Show the answer and explanation
Correct answer: A.
An estate for years (a term tenancy) has a definite beginning and end, regardless of its length. It ends automatically at the end of the term without notice. B is wrong because a periodic tenancy has no fixed end date and renews until notice is given. C is wrong because this lease has a definite end date. D is wrong because a tenancy at sufferance arises only if the tenant holds over after the term.
Source: Common law; § 83.01, Fla. Stat.
Question 4
Tenant Ortiz, who has a two-year lease, subleases the apartment to Parks for the remaining year. Parks stops paying rent. Who is responsible to the landlord?
- A. Only Parks, because the landlord must now collect from Parks as the person who is in possession of the apartment.
- B. Nobody, because a sublease cancels the original lease and leaves the landlord with no one to collect the rent from.
- C. Ortiz remains liable to the landlord under the original lease, because a sublease does not release the original tenant.
- D. The landlord's broker, who approved the sublease and so becomes responsible for the rent that Parks fails to pay.
Show the answer and explanation
Correct answer: C.
In a sublease the tenant transfers only part of the interest, such as part of the term, and remains liable to the landlord. In an assignment the tenant transfers the whole remaining interest, but the assignor typically stays secondarily liable unless the landlord releases him. A is wrong because a sublessee has no direct contract with the landlord, so the original tenant stays liable. B is wrong because a sublease does not cancel the original lease. D is wrong because a broker is not liable for the tenant's rent.
Source: Common law
Want more on this topic?
The full Prep475 kit has 15 questions on leasing and property management, all with the same statute-cited explanations, plus a timed 100-question exam simulation.
Independent study aid, not legal advice. Not affiliated with or endorsed by the Florida Real Estate Commission, the DBPR, or Pearson VUE. Questions are original practice questions, not actual exam questions. Statutes, rules, and exam details change; always confirm against current Florida law and your pre-licensing course materials.
Last reviewed October 20, 2026.