Chapter 6: Violations of License Law; Penalties & Procedures Flashcards
1
Q
Acting as broker or sales associate without being licensed, is guilty of a _____ ______ ______ punishable by a criminal fine of up to _____ and imprisonment of up to _ ______
A
third degree felony
$5000
5 yrs in prison
2
Q
Denial of license-DBPR must inform you–
A
notified in writing giving a reason and informing the applicant of 21 days to request a formal hearing
3
Q
Notice of noncompliance
A
Minor violation given by DBPR investigator
4
Q
Investigator’s report
A
No personal opinions of recommendations
5
Q
Administrative judge
A
Issue subpoenas for witnesses
6
Q
Final order of FREC
A
Licensee accept or appeal/petition for review
7
Q
Reimbursement from recovery fund
A
Single judgment - max $50,000
8
Q
Recovery fund maintained by
A
fees and fines
