Highlights chapter 2 Flashcards
Answering background questions
You should disclose any criminal convictions, including felony, or misdemeanor convictions, or please, other than minor traffic, offenses, regardless of adjudication. Driving under influence DUI is not a minor traffic offense and must be disclosed.
Answering background questions
A second area that creates confusion for applicants is when the applicant has had adjudication withheld. Typically adjudication withheld means that a sentence such as probation, community service, or a fine was imposed against the defendant, but no conviction of guilt was imposed. Any offenses, for which adjudication was with health must be disclosed
Employment by a broker
A sales associate, or a broker associate can only work for one broker at a time. Brokers are registered and licensed with the department.
registration with the DBPR
Registration refers to the place in and keep it on record and name and address of an individual or business. The use of the term registration indicates the status and place of operation for both individuals and businesses. The division of Real Estate DRE, or the division maintains a registration list of all brokers, sales associates, and businesses. The employee licenses who are engaged in the real estate business.
Sales associate first renewal
A sales associate must complete a 45 hour post license course prior to the expiration date of their initial license period. The Lexus of a self associate who fails to complete this requirement will become void and the licensee will be out of business. If the licensee wishes to continue in the real estate profession, they are required to take the 63 hour pre-licensed course again, and pass another state examination, no grace period on the first renewal
Continuing education
If the CE requirement is not met within the renewal deadline, the licenses license status will be changed to involuntary inactive
Salaried employees
Salaried employees are on an owner or of a registered broker for an owner, of an apartment community who work an on-site rental office of the apartment community and a leasing capacity. A tenant and apartment community receive up to $50 cash, personal property, or credit towards rent for the referral of new tenant for the same complex.
