Chapter 6 - Quiz Flashcards

1
Q
How much probation could a sales associate receive for a first offense violation of a rule under Chapter 475 F.S?
2 years
180 days
90 Days
30 days
A

90 days

An associate could expect to receive 90 Days probation for a first offense violation under Chapter 475 FS.

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2
Q

What is the maximum period a license can be suspended?

Indefinitely
10 Years
2 Years
6 months

A

10 Years

The maximum period that a license can be suspended is 10 Years.

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3
Q
How many days does a party to a Recommended Order hearing have to file an exception to the Recommended Order?
30 Days
90 Days
15 Days
60 Days
A

15 Days

An exception to a recommended Order needs to be filed within 15 Days of receipt.

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4
Q

What actions can the probable cause panel take?
They can Investigate and issue punishment to the subject they investigated
They can only issue citations
They can investigate a complaint and if probable cause is found to exist direct the Department to file a formal complaint against the subject they investigated
They can only investigate if directed by the Governor

A

They can investigate a complaint and if probable cause is found to exist direct the Department to file a formal complaint against the subject they investigated

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5
Q

In which circumstance is a summary suspension order given?
When a broker suspects a sales associate of fraud
When a Sales Associate fails to complete their post-licensing education requirement before their license renewal date
When the Department feels that there is an immediate danger to public health, safety and welfare
When a broker is charged with Commingling Funds

A

When the Department feels that there is an immediate danger to public health, safety and welfare.

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6
Q
Who can grant or deny a petition for the reinstatement of a license that had been revoked?
NAR
Florida REALTORS®
Governor
Real Estate Commissioner
A

Real Estate Commissioner

The Real Estate Commissioner is empowered to grant or deny petitions for reinstatement of licenses.

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7
Q
Which Florida agency investigates real estate complaints?
DBPR
Florida REALTORS®
FREC
FBI
A

DBPR

The Real Estate Commissioner is empowered to grant or deny petitions for reinstatement of licenses.

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8
Q
Chapter 475, Part I, Florida Statutes, Real Estate License Law is administered and enforced by which of the following?
RESPA
NAR
DBPR
FREC
A

FREC

Florida Real Estate Commission administers and enforces Real Estate License Law.

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9
Q

What happens if a licensee is sued for damages and payment is made from the real estate recovery fund?
The licensee needs to take 20 hours of CE before resuming real estate activities
The licensee can reimburse the fund from Commission earned from sales they make in the future
The licensee is suspended from real estate practice until the real estate recovery fund has been reimbursed in full
The licensee is not required to repay anything

A

The licensee is suspended from real estate practice until the real estate recovery fund has been reimbursed in full

The licensee is suspended from real estate practice until the real estate recovery fund has been reimbursed in full.

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10
Q

What does The Division of Administrative Hearings (DOAH) do?
It provides aids for applicants with hearing difficulties
It is in charge of Background checks for Applicants
It reviews complaints made by the public
It provides independent Administrative Law Judges

A

It provides independent Administrative Law Judges to conduct hearings pursuant to Florida Statutes, pursuant to other law, and under contract with governmental entities.

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