Chapter 2: Real Estate License Law & Qualifications for Licensure (FITB) Flashcards
A sales associate’s license will be ____ if he or she does not complete required postlicense education during his or her initial license period.
void
A broker that did not complete required postlicense education prior to expiration of his or her initial license period may request a ____ ____ license by completing a continuing education course within ____ ____.
sales associate, six months
A broker associate acts in the capacity of a ____.
sales associate
Residency in Florida may be claimed by anyone that is or has resided in the state for not less than ____ ____ within the previous 12 months.
four months
The first real estate license law in Florida was enacted in ____.
1923
Upon passage of the state examination, applicant for a sales associate’s license will receive an ____ license.
inactive
Florida does not reciprocate with other states, but does have ____ ____ with some states that have educational requirements that are similar.
mutual recognition
The postlicense educational course for sales associates consist of ____ hours.
45
The continuing education requirement consists of ____ hours.
14
Florida real estate sales associates that desire to become brokers must wait ____ ____ before taking the state examination.
two years
The notice of satisfactory completion of a prelicense course is valid for ____ ____.
two years
Owner-employers are ____ but do not receive a license.
registered
A tenant in an apartment complex may receive up to ____ for referral of a new tenant for the same complex.
$50
____ ____ education must be completed during the initial sales associate’s license period.
post license
Legal authority to sign a document behalf of another requires a ____ ____ ____.
power of attorney
