Chapter 6 Flashcards
Second degree misdemeanor include false and misleading advertising is
Fine of up to $500 and or 60 days jail
The civil penalty imposed for the unlicensed practice or real estate is
Min 500 and max 5000
First degree misdemeanors with rental info violations
Fine up to $1000 and or 1 year jail
Third degree felonies- acting as a broker or sales associate
Fine up to $5000 and or up to 5 years jail
The balance in the recovery fund is maintained by
Fine and fees
An investigator for the department may not express any
Personal opinion
The quasi judicial powers begin with the issuance of the
Formal complain
The probable cause panel act much like a
Grand jury
The range of penalties that may be imposed on a license by the commission for via lotion of law or rules includes
Denial, reprimand, fine, probation, suspension and revocation
What can’t FREC deny
Commission to a license
Is the minimum penalty for all listed violations
Reprimand
District court of appeal issues it. Allows the licensee to continue to practice real estate until the case can be heard on appeal
Supersedeas
Suspension?
Temporary penalty. Maximum suspension of license is 10 years
Removes the license permanently for misrepresentation, concealment and obtaining license by fraud
Revocation
The probable cause is consist of
2 members