Obtaining and Maintaining a License Flashcards

1
Q

Being licensed means that you

A

have passed the state exam. You’ve been given your license (well, technically, printed it out yourself), chock full of prima facie evidence that you are licensed.

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2
Q

Registration is when you

A

officially register with the DBPR. For sales associates and broker associates, that includes officially registering that you are working for your sponsoring broker. You can register yourself, or your broker can register you. It can be done online, or by returning form RE 11: Change of Status for Sales Associates and Broker Associates

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3
Q

Lorenzo is working toward his sales associate license. He has completed his pre-licensing education, submitted his fingerprints, submitted an application, had the application accepted, taken the state exam, and passed. At the testing center, he was given a license number and a photo-bearing proof of licensure. He asked his sponsoring broker to fill out the paperwork for his employment. Today, he checked the DBPR website and his status is “inactive.” Is he registered? Why or why not?

No, he is not registered, because he is licensed.

Yes, he is licensed and registered because he appears on the DBPR website.

No, he is licensed but not registered, because his status in not yet active.

Yes, because he has found a sponsoring broker, he is registered.

A

No, he is licensed but not registered, because his status in not yet active.

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4
Q

Florida resident is:

A

if you’ve been in the state for four months,

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5
Q

Which of these people is eligible for mutual recognition in Florida?

Melissa is a member of the Florida Bar living in Florida.

Maria is a licensed sales associate living in Alabama.

Manuel has a Connecticut broker license, and has been staying with his mother in Florida for six months.

Marcus is a licensed sales associate living in New York.

A

Maria is a licensed sales associate living in Alabama.

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6
Q

A mutual recognition agreement is a

A

contract between states with similar pre-licensing education requirements to recognize the other state’s real estate education. It says hey, you earned your license in another state, so you probably know what our pre-licensing education is all about, too.

Alabama, Arkansas, Connecticut, Georgia, Illinois, Kentucky, Mississippi, Nebraska, Rhode Island, West Virginia

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7
Q

Every sales associate must take a 45-hour post-licensing education course

A

before their first renewal. You’ve got to take it from a licensed provider. At the end, there is an exam, and you must score at least 75%. Like your pre-licensing education, you can only take the exam twice. If you fail both times, you must re-do the course.

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8
Q

A sales associate’s first renewal is coming up in six months. What must they complete before that date, if they want to retain their license?

a 30-hour post-licensing education course, plus 14 hours of CE

14 hours of CE

a 45-hour post-licensing education course

a 60-hour post-licensing education course

A

a 45-hour post-licensing education course

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9
Q

All license holders must do 14 hours of CE (continued education) every renewal period, or every two years.

A

Three hours must be the core law class, which includes updates to Florida real estate laws

Three hours must be ethics and business practices

Once per cycle, a license holder can get credit for attending a FREC legal agenda session, as long as they notify the DRE at least seven days in advance (and as long as they’re not on the agenda for disciplinary actions, come on guys)

The rest is up to you (taking core law every year)

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10
Q

Which of these people will need to complete 14 hours of CE before their next renewal?

Camilla, a broker renewing for the first time

Cambria, a member of the Florida Bar Association and sales associate

Cory, a sales associate with a four-year degree in real estate from an accredited university

Cayley, a sales associate renewing for the first time

A

Cory, a sales associate with a four-year degree in real estate from an accredited university

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