License Law & Comission Rules Flashcards
1
Q
DBPR/ FS 455
A
Regulates professionals
Investigates, prosecutes, issues licenses
Issues and renews licenses, cease and desist, oaths, take depositions, issues subpoenas & adopt rules
Enforces rules via the DRE
2
Q
FREC membership
A
7 members ( appointed by the governed and confirmed by senate)
- 4 actively licenses brokers > 5 yrs
- 1 licensee > 2 yrs
- 2 laypeople
4 year term
3
Q
FREC Powers
A
Administrative agency
Investigates, educates, publishes
4
Q
Group License
A
Single license obtained by a sales associate who works for one owner developer with affiliated organizations
5
Q
Multiple license
A
Can only be issued to broker - must show additional licenses are necessary
