Chapter 20: License Law Violation, Penalties and Procedures Flashcards
A real estate license may be suspended for a maximum of:
10 years
The probable cause panel is comprised of how many Florida Real Estate Commission members?
2
To obtain a stay of a Final Order while an appeal is pending, what type of writ must be entered?
Supersedes
Someone files a complaint against Broker Katrina because her official sign is not readily visible. What will the DBPR’s probable response be if this is Katrina’s first complaint?
Notice of non-compliance in which she will have 15 days to correct the discrepancy
Alice obtains a $79,000 judgment against Broker Derek and is unable to collect any money on the judgment. If she applies to the Real Estate Recovery Fund, how much money can she receive?
$50,000
Which of the following is a 1st degree misdemeanor?
A
Violation of agency disclosure rules
B False advertising
C Violation of rental list rules
D Violation of fiduciary duties
Violation of rental list rules
If a licensee does not timely respond to a formal complaint, what will the result be?
Default
Which agency is responsible for investigating complaints filed against a real estate licensee?
Department of Business and Professional Regulation
What step comes after the filing of a complaint?
Investigation
An application for a real estate license may be refused for all of the following reasons, except:
A
Failing to completely fill out the application
B Failing to submit the proper fee
C Applicant is not a U.S. citizen
D Applicant does not possess good character
C Applicant is not a U.S. citizen
What will happen to a real estate licensee if the Real Estate Recovery Fund has to make a payment in response to a claim made against that licensee?
Automatic suspension until the money is repaid, plus interest
Who prepares the Recommended Order?
Administrative Law Judge
A complaint is legally sufficient if it contains a violation of any of the following except:
A Florida law B Florida Real Estate Commission rule C Department of Business and Professional Regulation rule D Florida Association of REALTORS rule
D Florida Association of REALTORS rule
What are the penalties for a 1st degree misdemeanor?
Up to one year in jail and/or up to a $1,000 fine
How many Florida Real Estate Commission members participate in the Final Order process?
All members that did not serve on the Probable Cause Panel