Chapter 03 - License Law and Administration

Question 1

Canceled

Answer 1

When a license becomes void, effective as of the date approved by the Commission, and does not involve disciplinary action.

Question 2

Cease to be in force

Answer 2

When certain events occur, such as a broker changes business address, the licensee cannot conduct business until the DBPR receives notification of the change.

Question 3

Active license

Answer 3

An active license is required to engage in real estate services. Sales associates achieve active status by finding an employer and registering with the DBPR under the employing broker or owner-developer.

Question 4

Ministerial duties

Answer 4

Ministerial duties of the Division of Real Estate (DRE) involve record keeping.

Question 5

Current mailing address

Answer 5

The current residential address a licensee uses to receive mail through the U.S. Postal Service.

Question 6

Executive

Answer 6

Powers of the Florida Real Estate Commission (FREC) include the power to regulate and enforce license law.

Question 7

Group license

Answer 7

A sales associate or broker associate employed by an owner-developer (real estate developer) who owns properties in the name of various entities can be issued a group license that entitles the licensee to work for the separate sales projects owned by the owner-developer.

Question 8

Ineffective

Answer 8

A license that exists, but the licensee cannot use it because the license is either inactive or has been suspended.

Question 9

Involuntary inactive

Answer 9

The license status that results when a license is not renewed at the end of the license period.

Question 10

Multiple licenses

Answer 10

When a broker holds more than one broker’s license at one time, the broker is said to hold multiple licenses.

Question 11

Promulgate

Answer 11

The formal act of enacting a statute or an administrative rule. To publish and officially announce a new or amended rule or statute. The FREC may promulgate rules and regulations.

Question 12

Quasi-judicial

Answer 12

Powers delegated to the FREC include the power to grant or deny applications, to determine license law violations, and to administer penalties.

Question 13

Quasi-legislative

Answer 13

Powers delegated to the FREC to enact rules and regulations and to decide questions of practice.

Question 14

Void

Answer 14

To no longer exist and to have no legal effect.

Question 15

Voluntary inactive

Answer 15

The license status that results when a licensee has met all of the requirements for licensure, yet the licensee chooses not to engage in the real estate business, and has requested that his or her license be placed in this status.