obtaining and maintaining license Flashcards
fees 61j2- 1.011
Low income fee waivers
With all the fees together, the total cost of applying for a license is $83.75 for sales associates and $91.75 for brokers
Proof of low-income status can be shown through enrollment in public assistance programs with the same guidelines. Note that low-income applicants still must pay the application fee, the recovery fund fee (if applicable), the fingerprinting fee (to a third-party vendor), and the exam fee (to the exam provider).
sealing vs expungement
sealing a record is putting it under highly restricted access.
Expungement, on the other hand, involves removing a record and destroying it. You do not need to disclose anything that has been expunged from your record.
things to disclose while the application
Arrests
Guilty pleas
Traffic incidents
Things still under investigation
Nolo contendere (or no contest) pleas
if member had criminal issues
in addition to disclosing past criminal issues, applicants must provide documentation like court records with their application, provide at least three letters attesting to their good character, and include a letter from their probation officer if they’re on probation.
background check. and figer prints
what is on your license
Licensee’s full legal name
Licensee’s address
License number, with a two-letter prefix that indicates what type of license it is (SL stand for sales associate)
Effective date and expiration date
The name of the governor and the secretary of the DBPR (oooh celebrities!)
licensure vs registration
Being licensed means that you have passed the state exam. You’ve been given your license
once you get your license is not activated
Registration is when you officially register with the DBPR. For sales associates and broker associates, that includes officially registering that you are working for your sponsoring broker.
Through RE11
what is on the public record
contains the name and address of every registered sales associate and broker associate, the name and business address of their employer, the license status of both the sales associate/broker associate and the employer, and whether the person is the officer, director, or partner of a real estate business.
florida resident
if you’ve been in the state for four months, no matter where you were living, you’re a Florida resident
mutual recognition
is a contract between states with similar pre-licensing education requirements to recognize the other state’s real estate education
florida has mutual recognition with
Alabama
Arkansas
Connecticut
Georgia
Illinois
Kentucky
Mississippi
Nebraska
Rhode Island
West Virginia
Reciprocity
reciprocal license allows a license holder to skip everything but the background check and fingerprinting. Reciprocity is designed to allow license holders in one state to quickly get a license in a reciprocal state.
Florida only offers reciprocity to active duty and former active duty military personnel and their spouses with active licenses in other states or jurisdictions (455.02(3) (a), F.S).
post licensing education
Every sales associate must take a 45-hour post-licensing education course 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%.
exemptions
People in the Florida Bar are NOT exempt from post-licensing education. However, people with degrees in real estate from four-year accredited institutions are. You win some, you lose some, lawyers.
post licensing education for brokers
New brokers are also required to complete post-licensing education before their first renewal. The broker requirement is 60 hours, and like sales associates, failing to complete the required post-licensing education will nullify a license.
brokers
rokers, however, have the option of dropping their license back down to a sales associate if they want to, or if they’re unable to complete the post-licensing education requirement in time. In that case, they would just need to do the normal 14 hours of continuing education.
continuing education
All license holders must do 14 hours of CE every renewal period, or every two years.
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
The FREC suggests that license holders might want to take core law every year, just to keep current on new legal updates, but they don’t require it.
exemption of CE
Members of the Florida Bar are excused from doing CE (I guess they probably know about the legal updates already). \
People with four-year degrees in real estate from accredited universities DO have to do CE.
New sales associates and brokers are required to their post-licensing education instead of CE on their first renewals.
New sales associates and brokers are required to their post-licensing education instead of CE on their first renewals.
