Chapter 2 Flashcards

0
Q

Real estate license law serves what purpose

A

To protect the public

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1
Q

Florida real estate commission was first created in what year

A

1925

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2
Q

Florida real estate commission was created to

A

Administer and enforce the law

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3
Q

Sale associate or broker failed to complete post license edu. License status?

A

Void

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4
Q

How many hours of post license ed. Are required to renew a broker’s license

A

60

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5
Q

Which service does not require a real estate license

A

Mortgaging

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6
Q

Info that appears on a Florida real estate license does not include

A

The signature of the governor

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7
Q

To qualify for a Florida real estate license, an applicant must

A

Have a high school edu or equivalent

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8
Q

Members of the Florida bar Are exempt from taking

A

FREC 1

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9
Q

All brokers, whether active or inactive, must complete

A

60 hour of postlicense

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10
Q

Brokers pre license

A

72 hour course

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11
Q

An attorney in fact

A

Is authorized by a power of attorney to act for another such as signing documents

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12
Q

Court appointees is paid by?

A

Trustees, receivers, masters in chancery, court-appointed appraisers
Fee or salary

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13
Q

Registered, licensed and certified appraisers under FS 475, part II are

A

Exempt to perform real estate services in the state of Florida for compensation

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14
Q

A broker associate is?

A

Acts in the capacity of a sales associate

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15
Q

If FREC denies an applicant. The applicant must?

A

Notified in writing and allowed 21 days to file for formal hearing