Chapter 3: Real Estate Law and Commission Rules Flashcards
The DBPR is under the executive branch of:
the governor
What grants authority to the DBPR to investigate consumer complaints, issue subpoenas when conducting investigations, issue cease and desist orders to unlicensed individuals, and issue citations to individuals licensed by the DBPR.
Chapter 455, FS
The chief administrator of the DBPR is the ______ , who is appointed by_________, subject by confirmation by the ______ ________ .
Secretary
governor
state senate
How many members are in the Commission
7 members:
5 professional members
2 consumer members
(Four professional members need must have held active broker licenses during the 5 yrs preceding appointments. The 5th professional must have been licensed as active broker or sales associate for the 2 yrs preceding appointment.)
True or False
Members of the Commision are employees of the DBPR
False
They are NOT
The Commission powers are primarily:
quasi-judicial and quasi-legislative.
What are the two types of inactive status
voluntary and involuntary
A real estate license becomes null and void when
is revoked by the FREC
Change in mailing address needs to be reported to the ______ within ___ ____.
DBPR
10 days
Licenses held by a broker in two or more real estate brokerage firms
multiple licenses
What are the 2 units under the Division of Services of Operation
The Customer Contact Center
The Central Intake Unit
Where is the DRE offices and the principal office of the Commision located at?
ORlando FL
Where is the DBPR office located at?
Tallahassee FL
What does the DRE futties envolve?
Recordkeeping
The powers and duties of the FREC fall into what 3 general areas of responsibilities
Executive
Quasi-legislative
Quasi-judicial
