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A1 Florida Real Estate Sales Associate License > Chapter 2: License Law and Qualifications for Licensure > Flashcards

Chapter 2: License Law and Qualifications for Licensure Flashcards

1
Q

The Florida Real Estate License Law was oficially designated Chapter ______ of the ________ _________ in 1941.

A

475

Florida Statutes

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2
Q

The FREC (Florida Real Estate Commission) lies within the Department of _________ and __________ _________, Division of ________ ________.

A

Business and Professional Regulation

Real Estate

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3
Q

Chapter 475, Part ______ deals with real estate licensees, while part ____ deals with appraisers.

A

I

II

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4
Q

An applicant for a Florida real estate license ________ required to be a resident of the state of Florida.

A

Is not

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5
Q

Members of the Florida Bar in good standing ______ required to take the 63-hour real estate sales associate prelicensing course.

A

are not

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6
Q

Members of the Florida Bar in good standing _______ required to take postlicensing requirements.

A

are

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7
Q

Once a complete application has been received by the DBPR, an applicant has _____ _______ to complete the state exam.

A

2 years

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8
Q

If an application to take the state exam is denied by the FREC, the applicant must be notified in writing and allowed _____ days to file for a hearing before an _______ _________ ________.

A

21

administrative law judge

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9
Q

An applicant must score ____ out of 100 on the state sales associate exam.

A

75

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10
Q

The sales associate state exam consists of ____ questions on real estate license law, ____ questions on real estate principles and practices, and ____ on real estate math.

A

45
45
10

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11
Q

Sales associate post-license eduacation is ______ hours.

A

45

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12
Q

Sales associate CE is _____ hours every ______ years, with the exception of the initial license period.

A

14

2

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13
Q

Broker’s post-license education is _____ hours.

A

60

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14
Q

Failing to complete the postlicense education within 2 years will cause your license to become _____ and ______.

A

null and void

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15
Q

States recognizing the similarity of the content in their education requirements is called ________ ________.

A

mutual recognition

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16
Q

Florida _______ have reciprocity with other states in regards to real estate licensing.

A

does not

17
Q

Brokers are ________ and _______ with the DBPR, owner-employers are only ______.

A

licensed and registered

registered

18
Q

A broker licensee who chooses to continue being employed by another broker is a ________ ________.

A

broker associate

19
Q

Sales associates _____ apply to take a broker’s exam during their initial license period if they’ve taken the 45-hour sales associate postlicense course.

A

can

20
Q

The broker’s prelicense course is _____ hours.

A

72

21
Q

Applicants for a broker’s license must be an active real estate licensee in this or another state or nation for _____ _____ out of the last 5 years.

A

2 years

22
Q

People who have a 4-year degree in real estate are _____ from the sales associate postlicense course.

A

exempt

23
Q

A Florida real estate license is required when performing a service when all the following conditions are present:

A

Performing a service of real estate
In the state of Florida
For another
For compensation

24
Q

True/false: Compensation can include payment expected to be received.

A

true

25
Q

Persons acting on the behalf of another granted by a power of attorney are called ______ ______ ______.

A

attorneys in fact

26
Q

Count appointees may provide real estate services without a license for a ______ or _______ but not a _______.

A

fee
salary
commission

27
Q

A tenant in an apartment community can receive up to ______ as a referral fee.

A

$50

28
Q

A person _______ sell their own property.

A

can

29
Q

Salaried managers of apartment complexes are exempt from having a real estate license if leases are no longer than ______ _______.

A

1 year

30
Q

Salaried employees of individuals _______ sell real estate on behalf of that individual.

A

can

31
Q

true/false: A sales associate or broker associate can work for more than one broker at a time.

A

false

32
Q

Florida real estate licenses either expire on _____ ______ or _____ _____.

A

March 31

September 30

33
Q

Initial license period for a real estate sales associate is between _____ and _____ months.

A

18 and 24

A1 Florida Real Estate Sales Associate License (20 decks)

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