Chapter 3 Terminology

Question 1

active license

Answer 1

A current, valid license registered with the DBPR. The status required to actively engage in the real estate business.

Question 2

cancel

Answer 2

A license ceases to exist, effective as of the date approved by the Commission, and does not involve disciplinary action.

Question 3

cease to be in force

Answer 3

A licensee cannot perform real estate services because certain events occur, such as when a broker changes business address.

Question 4

current mailing address

Answer 4

The residential address a licensee uses to receive mail through the U.S. Postal Service.

Question 5

current status

Answer 5

Indicates a licensee is up to date with respect to the DBPR’s licensure requirements.

Question 6

executive

Answer 6

Duties related to the education of licensees, the regulating of professional practices, and the publishing of materials.

Question 7

group license

Answer 7

A right granted a sales associate or broker associate to work various properties owned by affiliated entities under one owner developer.

Question 8

involuntary inactive

Answer 8

The license status that results when a license is not renewed at the end of the license period.

Question 9

ministerial duties

Answer 9

The duties of the Division of Real Estate that involve recordkeeping.

Question 10

multiple licenses

Answer 10

Licenses held by a broker in two or more real estate brokerage firms.

Question 11

null and void

Answer 11

The license status when a sales associate has failed to successfully complete post-license education prior to the first renewal of the license or when a licensee has failed to renew two or more renewal cycles; the license status has been involuntary inactive for more than 24 hours.

Question 12

probation

Answer 12

An administrative penalty imposed by the FREC that allows the licensee to continue to practice real estate under the guidance of the FREC for a period of time while completing conditions specified by the FREC.

Question 13

promulgates

Answer 13

The formal act of announcing a statute or an administrative rule. To publish and officially announce a new or amended rule or statute. The FREC may promulgate rules and regulations.

Question 14

quasi-judicial

Answer 14

Powers delegated to the FREC to discipline real estate licensees for violations of real estate license law and FREC administrative rules.

Question 15

quasi-legislative

Answer 15

Powers delegated to the FREC to enact rules and regulations, decide questions of practice, and validate records (imprint with FREC’s seal).

Question 16

voluntary inactive

Answer 16

The license status that results when a licensee has met all the requirements for licensure, yet the licensee chooses not to engage in the real estate business and has requested that the license be placed in this status.

Question 17

voluntary relinquishment

Answer 17

A licensee-respondent may choose to avoid a disciplinary hearing and relinquish the real estate license in lieu of discipline.

Question 18

A current, valid license registered with the DBPR. The status required to actively engage in the real estate business.

Answer 18

active license

Question 19

A license ceases to exist, effective as of the date approved by the Commission, and does not involve disciplinary action.

Answer 19

cancel

Question 20

A licensee cannot perform real estate services because certain events occur, such as when a broker changes business address.

Answer 20

cease to be in force

Question 21

The residential address a licensee uses to receive mail through the U.S. Postal Service.

Answer 21

current mailing address

Question 22

Indicates a licensee is up to date with respect to the DBPR’s licensure requirements.

Answer 22

current status

Question 23

Duties related to the education of licensees, the regulating of professional practices, and the publishing of materials.

Answer 23

executive

Question 24

A right granted a sales associate or broker associate to work various properties owned by affiliated entities under one owner developer.

Answer 24

group license

Question 25

The license status that results when a license is not renewed at the end of the license period.

Answer 25

involuntary inactive

Question 26

The duties of the Division of Real Estate that involve recordkeeping.

Answer 26

ministerial duties

Question 27

Licenses held by a broker in two or more real estate brokerage firms.

Answer 27

multiple licenses

Question 28

The license status when a sales associate has failed to successfully complete post-license education prior to the first renewal of the license or when a licensee has failed to renew two or more renewal cycles; the license status has been involuntary inactive for more than 24 hours.

Answer 28

null and void

Question 29

An administrative penalty imposed by the FREC that allows the licensee to continue to practice real estate under the guidance of the FREC for a period of time while completing conditions specified by the FREC.

Answer 29

probation

Question 30

The formal act of announcing a statute or an administrative rule. To publish and officially announce a new or amended rule or statute. The FREC may promulgate rules and regulations.

Answer 30

promulgates

Question 31

Powers delegated to the FREC to discipline real estate licensees for violations of real estate license law and FREC administrative rules.

Answer 31

quasi-judicial

Question 32

Powers delegated to the FREC to enact rules and regulations, decide questions of practice, and validate records (imprint with FREC’s seal).

Answer 32

quasi-legislative

Question 33

The license status that results when a licensee has met all the requirements for licensure, yet the licensee chooses not to engage in the real estate business and has requested that the license be placed in this status.

Answer 33

voluntary inactive

Question 34

A licensee-respondent may choose to avoid a disciplinary hearing and relinquish the real estate license in lieu of discipline.

Answer 34

voluntary relinquishment