Qualification for Licensure Flashcards
1
Q
Chapter 475
A
Real Estate law
- protect the public
Regulated by the DPB
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
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
4
Q
Brokers
A
Registered and licensed
5
Q
Owner employers
A
Registered; not licensed