Section 3

Question 1

when the commission mistakenly approved a license, this can result in a

Answer 1

canceled license

Question 2

whenever a broker changes her or his business address and fails to notify the department of the change, a sales associates license will

Answer 2

cease to be in force

Question 3

when all requirements have been completed and the license has not expired, the license is

Answer 3

current

Question 4

a license when an owner/developer who owns properties through various entities, but all such entities are connected so that such ownership or control is by the same individual or individuals.

Answer 4

group license

Question 5

When an employing broker has his or her license suspended or revoked for discipline reasons (or retires, quits or is fired from the brokerage), the licenses of all sales associates and broker associates employed by the broker are automatically placed in

Answer 5

involuntarily inactive

Question 6

Once you have canceled a multiple license, it will be set to

Answer 6

license authority voided

Question 7

issued to a broker who qualifies as the broker for more than one business entity or brokerage.

Answer 7

multiple licenses

Question 8

When a License has been involuntary inactive for more than two years, their license becomes

Answer 8

null and void

Question 9

When a license is Revoked following disciplinary proceedings

Answer 9

null and void

Question 10

When a licensee Voluntarily relinquishes (does not involve disciplinary action), the license is

Answer 10

null and void

Question 11

a licensee who would like to retain the license but is not currently working in real estate may request their license status be changed to

Answer 11

voluntarily inactive

Question 12

The Governor of Florida appoints the Secretary of the DBPR. The Secretary of the DBPR must be confirmed by the

Answer 12

state senate

Question 13

The Secretary of the DBPR must be confirmed by the state senate. The Secretary of the DBPR is appointed by

Answer 13

Governor of Florida

Question 14

The Secretary of the DBPR appoints the Director for the Division of Real Estate. The Director for the Division of Real Estate must be confirmed by

Answer 14

Florida Real Estate Commission (FREC)

Question 15

The Director for the Division of Real Estate must be confirmed by the Florida Real Estate Commission. The Director for the Division of Real Estate is appointed by

Answer 15

The Secretary of the DBPR

Question 16

FREC is made up of how many members?

Answer 16

7

Question 17

How many of the seven FREC members must be consumer members who have never been licensed?

Answer 17

2

Question 18

How many members of FREC must 60 years of age or older

Answer 18

1

Question 19

FREC Member terms last

Answer 19

4 years

Question 20

How many consecutive terms can a FREC member serve?

Answer 20

2 (8 years)

Question 21

The powers of FREC can be divided into three types of powers:

Answer 21

Executive
Quasi-legislative
Quasi-judicial

Question 22

Granting or denying applicationsis an example of which of FREC’s powers?

Answer 22

Quasi-judicial

Question 23

Suspending or revoking licenses is an example of which of FREC’s powers?

Answer 23

Quasi-judicial

Question 24

Issuing administrative fines is an example of which of FREC’s powers?

Answer 24

Quasi-judicial

Question 25

Regulating and enforcing license lawis an example of which of FREC’s powers?

Answer 25

Executive

Question 26

Fostering education is an example of which of FREC’s powers?

Answer 26

Executive

Question 27

Adopting a sealis an example of which of FREC’s powers?

Answer 27

Executive

Question 28

Establishing fees is an example of which of FREC’s powers?

Answer 28

Executive

Question 29

Creating and passing rules and regulation is an example of which of FREC’s powers?

Answer 29

Quasi-legislative

Question 30

Regulating professional practices is an example of which of FREC’s powers?

Answer 30

Quasi-legislative