Assessment Flashcards

1
Q

Which of these people is eligible for mutual recognition in their licensure?

Amber is a sales associate licensed in Georgia who has been living in Florida for a year.

Rita is a lawyer in Rhode Island.

LaToya is a licensed sales associate living in Nebraska.

Sam is a sales associate living in and licensed in New York.

A

LaToya is a licensed sales associate living in Nebraska.

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2
Q

Jonah is a licensed sales associate who has been active for the last three years. He wants to apply to be a broker. What does he need to do to apply for his broker license?

complete Course II and Course III and pass the bar exam

complete100 total hours of continuing education

complete Course II and pass the broker exam

complete another 12 months of practicing in the field and pass the broker exam

A

complete Course II and pass the broker exam

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3
Q

Kaitlyn is applying for her Florida sales associate license. How many days does the FREC have to notify her of any errors or omissions in her application?

90 days

30 days

20 days

60 days

A

30 days

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4
Q

Oliver is a licensed lawyer in Florida. He has lived in Florida for three years. Assuming he passes the background check and has his application accepted, what ELSE must he do to become a licensed sales associate in Florida?

pass the state and national portion of the state licensing exam

complete Course II and pass the state licensing exam

pass only the state-specific portion of the licensing exam

complete Course I and pass the state licensing exam

A

pass the state and national portion of the state licensing exam

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5
Q

Which of these people is eligible to apply for a sales associate license?

Marcel, a 21-year-old noncitizen with a GED and the legal right to work in the U.S.

Jeremy, a 20-year-old with an incomplete high school education and U.S. citizenship

Amelia, a 17-year-old U.S. citizen with a high school diploma

Boris, a 35-year-old with a Ph.D. who does not have a social security number, but does have a tourist visa

A

Marcel, a 21-year-old noncitizen with a GED and the legal right to work in the U.S.

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6
Q

Claire lives in Alabama and holds a sales associate license there. She also wants to be able to work in Florida. What must Claire do?

submit an application and pass the state portion of the licensing exam

Florida recognizes all out-of-state licenses, so Claire does not need to do anything in order to practice real estate in Florida.

complete 60 hours of pre-licensing education and pass the state and national portions of the licensing exam

ask her broker to send the Transfer License form to the FREC

A

submit an application and pass the state portion of the licensing exam

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7
Q

Rhoda has a sales associate license in Mississippi. She has been living in a hotel in Florida for two months. Evaluate whether or not she would be eligible for mutual recognition.

No, because Mississippi is not a mutual recognition state.

Yes, because she is licensed in a mutual recognition state and has not lived in Florida for four months.

Yes, because she has been living in a hotel, so cannot technically have Florida residency.

No, because mutual recognition is only for active and recently discharged military personnel and their spouses. She would be eligible for reciprocity instead.

A

Yes, because she is licensed in a mutual recognition state and has not lived in Florida for four months.

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8
Q

Jo earned her sales associate license. When her first renewal was coming up, she experienced a major health issue that made her unable to complete her post-licensing education. Her renewal is now a month away. What can she do?

apply to FREC in writing for a six-month hardship extension

apply online for the one-time two-year extension available to all license holders

Nothing — if she can’t complete the course by the deadline, she loses her license.

With the proper documentation from her healthcare provider, she can be excused from the requirement.

A

apply to FREC in writing for a six-month hardship extension

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9
Q

Alana is 28, a Canadian citizen with the legal right to work in the U.S., a Florida resident, and has a G.E.D. Evaluate whether she meets the qualifications for a Florida sales associate license.

No, she doesn’t meet the qualifications because she has a G.E.D. instead of a high school diploma.

No, she doesn’t meet the qualifications because she is not a U.S. citizen.

Yes, she meets the qualifications because she is a Florida resident and at least 21.

Yes, she meets the qualifications: she is at least 18, can work in the U.S., and has a high school diploma or the equivalent.

A

Yes, she meets the qualifications: she is at least 18, can work in the U.S., and has a high school diploma or the equivalent.

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10
Q

Sandra, a non-license holder, works for the owner of a large apartment complex as a salaried employee. She is part of a team that maintains the building and rents units to tenants. As part of an incentive program, her boss started offering a $100 gift card for every apartment someone on Sandra’s team successfully rents. Is this legal? Why or why not?

Yes, because the amount of the incentive is less than 10% of the employee’s total compensation.

Yes, because the person offering the compensation is the owner of the building.

No, because only license holders can ever rent apartments.

No, because non-license holders cannot receive commission for performing real estate activities.

A

No, because non-license holders cannot receive commission for performing real estate activities.

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11
Q

Andrea is submitting her application to the FREC for her sales associate license. She had a misdemeanor on her record years ago, but she’s pretty sure that it has now been expunged. She knows that if she alerts the FREC to the issue, she will have to do a lot more paperwork and it will be harder for her to get her license. What should she do?

The FREC only needs to be told about felonies, not misdemeanors, so Andrea is in the clear.

obtain a copy of her criminal record to ensure that the misdemeanor was actually expunged

not mention it, and if it comes up later, explain that she thought it had been expunged

Even if it has been expunged, she still must disclose the misdemeanor.

A

obtain a copy of her criminal record to ensure that the misdemeanor was actually expunged

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12
Q

Chapter 61J2 of the Florida Administrative Code contains the FREC’s regulations for license holders in Florida. These regulations are based on which portion of Florida’s statutes?

Chapter 455

Chapter 475

Chapter 20

Chapter 120

A

Chapter 475

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13
Q

Marcel has a real estate license and works under the supervision of a broker. Marcel does not supervise others. He is most likely a(n):

property manager

principal broker

assistant

sales associate

A

sales associate

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14
Q

Laura has submitted her application to be a sales associate. She wants to know how long the FREC has to contact her about errors in her application. Where in the Florida statutes should she look for that information?

Chapter 455

Chapter 475

Chapter 120

Chapter 20

A

Chapter 120

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15
Q

Which of the following professionals is required to have a real estate license?

Spencer is a lawyer who helps families fulfill the wishes laid out in trusts.

Cameron owns a construction company that specializes in building single family homes.

Heather earns a commission by specializing in listing condos for sale.

Jaselle is a mortgage broker who helps homebuyers get home loans.

A

Heather earns a commission by specializing in listing condos for sale.

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16
Q

Which of these people is a registered sales associate?

Ella passed the licensing exam. She has a picture license with an expiration date on it.

Emmet passed the licensing exam. His broker registered him with the DBPR, and the website lists him as inactive.

Edward passed the licensing exam. His broker registered him with the DBPR, and the website lists him as active.

Estefania has completed Course I, submitted her application, and received notice from the testing agency that she can schedule her exam.

A

Edward passed the licensing exam. His broker registered him with the DBPR, and the website lists him as active.

17
Q

Rafi is a Nevada license holder who lives in Nevada. He flies down to Florida to sell one of his Miami mansions and takes care of the transaction himself. Is this legal? Why or why not?

Yes, because he is selling his own property.

No, because he lives out of state.

Yes, because Nevada is a mutual recognition state.

No, because he is not licensed in Florida.

A

Yes, because he is selling his own property.

18
Q

An applicant for a sales associate license is filling out their application. A few years ago, they were arrested for a misdemeanor and pled guilty. Since then, they have served out their probation and not had any more legal issues. What should this applicant do regarding their criminal history as part of their application?

Disclose the incident, provide court records about their case, and include at least three character letters.

They don’t need to disclose this because it wasn’t a felony.

Disclose that they have a criminal history, but they do not need to provide more information. If the FREC wants to know more about the incident, they will contact them during the 30-day errors and omissions period.

They don’t need to disclose this, because they have served out their probation and it was a first offense.

A

Disclose the incident, provide court records about their case, and include at least three character letters.

19
Q

Antoni completed Course I and passed the pre-licensing exam, submitted fees and an application that was accepted, passed the background check, and took the state exam. He passed with flying colors, and was given a license number at the testing site. At home, he printed out his license. Evaluate whether Antoni is now licensed, registered, both, or neither.

Antoni is licensed but not registered, because he has not officially registered under a sponsoring broker.

Antoni is registered but not licensed, because he still has to complete his background check.

Antoni is neither registered nor licensed because he has not completed his mandatory post-licensing education.

Antoni is both registered and licensed, because he has been given a printable license.

A

Antoni is licensed but not registered, because he has not officially registered under a sponsoring broker.

20
Q

Sasha wants to know what the qualifications are for being a sales associate in Florida. In what law would she find them?

Chapter 475, Florida Statute

Chapter 455, Florida Statute

Chapter 120, Florida Statue

Chapter 20, Florida Statue

A

Chapter 475, Florida Statute