Real Estate License Law & Qualifications For Licensure Flashcards
To receive a DBPR license, applicants must possess a
Social Security Number
Number of days the DBPR has to check a license application for errors & omissions
30
Number of months an extension may be granted by FREC to complete post license requirements due to hardship
6
Members of the Florida Bar are exempt from this education requirement
CE
Something of value received in connection with a real estate service
Compensation
The record of a criminal conviction is destroyed or sealed after expiration of time
Expungement
A person who is licensed as a broker but works under the direction of another broker
Broker Associate
A Florida resident who moves out of the state must notify the DBPR within
60 days
Not a requirement to hold a Florida real estate license
US Citizenship
A license applicant who has resided in Florida for four or more consecutive months
Resident
Serves as prima facie evidence
License
Number of years a broker applicant must have held an active real estate license during preceding 5 year period
2
DBPR
Department of Business & Professional Regulation
FREC
Florida Real Estate Commission