Florida Real Estate Sales Associate Cheat Sheet.
The night-before summary, built like the exam.

Memorize the fiduciary duties acronym OLD CAR (Obedience, Loyalty, Disclosure, Confidentiality, Accounting, Reasonable care), the seven federal Fair Housing protected classes, and the four essential elements of a valid contract: mutual assent, consideration, competent parties, and lawful object. Also lock in the key finance numbers: one discount point equals one percent of the loan amount, and PMI is typically required on conventional loans when the down payment is under twenty percent. These recurring rules and numbers show up across many questions.

Watch for questions that blur customers with clients: agents owe customers honesty, fair dealing, and disclosure of known material latent defects, but not fiduciary duties. Another classic trap is contract classification, where a contract missing a required element is void, one a minor can disaffirm is voidable, and a valid but non-enforceable one is unenforceable. Finally, remember that any material change to an offer is a counteroffer that kills the original offer, a distinction the exam loves to test.

Know the three by their definitions: blockbusting is inducing sales by suggesting a protected group is moving in, steering is directing buyers toward or away from neighborhoods based on a protected class, and redlining is denying loans in certain areas. Also remember that race discrimination, under the Civil Rights Act of 1866, has no exemptions. Exam questions typically describe a scenario and ask you to name the violation, so the definitions are what earn the point.

Remember that a general warranty deed gives the greatest protection because the grantor warrants title against all defects arising at any time, while a quitclaim deed carries no warranties and conveys only whatever interest the grantor may have. Recording a deed gives constructive notice to the world and establishes priority. One priority exception to memorize: property tax liens and special assessments generally come ahead of all other liens regardless of recording date.

Use it as a final-pass memory check, not a first-time learning tool. Read each section aloud and try to recite the rule before looking, flagging anything you can't reproduce from memory for one more focused review. Then stop early and get a full night's sleep, because recall under time pressure depends more on rest than on one extra hour of cramming.

A cheat sheet alone is not enough; it condenses the must-know rules but can't teach you to apply them to scenario questions, which is how the exam tests most concepts. Pair it with a full course or study guide plus regular practice questions, and use the cheat sheet to keep the core rules fresh between sessions. Think of it as the index of what you should already understand in depth.