Chapter 3 Flashcards

1
Q

The Division that has the power and duty to enforce and ensure compliance with the provisions of The Condominium Act, The Cooperative Act, The Florida Mobile Home Act, The Florida Vacation Plan and Timesharing Act, The Yacht and Ship Brokers Act, The Florida Uniform Land sales Practices Law, and provides a mediation and arbitration program for homeowners’ associations is:

A

the Division of Florida Land Sales, Condominiums and Mobile Homes.

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2
Q

The Department of Business and Professional Regulation is a

A

Part of the Executive branch of Florida State Government

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3
Q

FREC Members are paid:

A

a per diem fee and mileage for any days they meet.

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4
Q

The FREC has the obligation to perform all EXCEPT:

A

issue a Florida sales associate’s real estate license.

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5
Q

How many members of the FREC must be licensed brokers?

A

Four

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6
Q

The Department of Business and Professional Regulation has ___ areas for enforcement.

A

three

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7
Q

Membership on the FREC is obtained by:

A

appointment by the Governor, subject to confirmation by the Senate.

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8
Q

A sales associate failed to complete her continuing education and renew her license on September 30. What will the status of the license be on October 1st?

A

The license is involuntarily inactive.

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9
Q

What is the purpose of the Department of Business and Professional Regulation?

A

Consumer protection

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10
Q

Who elects the Chairperson of the FREC?

A

The FREC members

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11
Q

An initial license is issued in October of 2015. When must the license be renewed in order to prevent expiration?

A

An initial license issued in October of 2015 would need to be renewed by the end of September 2017

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12
Q

Joe submitted his application to take the sales associate’s examination. He passed the test. When is his license effective?

A

After he receives written notice that he passed the examination

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