Chapter 2 Flashcards
Real estate license law serves what purpose
To protect the public
Florida real estate commission was first created in what year
1925
Florida real estate commission was created to
Administer and enforce the law
Sale associate or broker failed to complete post license edu. License status?
Void
How many hours of post license ed. Are required to renew a broker’s license
60
Which service does not require a real estate license
Mortgaging
Info that appears on a Florida real estate license does not include
The signature of the governor
To qualify for a Florida real estate license, an applicant must
Have a high school edu or equivalent
Members of the Florida bar Are exempt from taking
FREC 1
All brokers, whether active or inactive, must complete
60 hour of postlicense
Brokers pre license
72 hour course
An attorney in fact
Is authorized by a power of attorney to act for another such as signing documents
Court appointees is paid by?
Trustees, receivers, masters in chancery, court-appointed appraisers
Fee or salary
Registered, licensed and certified appraisers under FS 475, part II are
Exempt to perform real estate services in the state of Florida for compensation
A broker associate is?
Acts in the capacity of a sales associate