Qualification for Licensure Flashcards

1
Q

Chapter 475

A

Real Estate law
- protect the public
Regulated by the DPB

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2
Q

Qualification for licensure

A

18+
Bar members are exempt
School certificate is valid for two years
DBPR has 30 days to review
- if denied, you have 21 days to appeal
Completed RE2050 form activates your license

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3
Q

Sales associate license

A

May be licensed under broker or owner-employer
May only accept compensation from employer
Indicates right to provide real estate services; license must be active

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4
Q

Brokers

A

Registered and licensed

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5
Q

Owner employers

A

Registered; not licensed

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